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Magna Mining Files Technical Report for the Denison Project
Toronto, Ontario--(Newsfile Corp. - December 15, 2022) - Magna Mining Inc. (TSXV: NICU) (" Magna ...
About this update from Magna Mining Inc
[{"type":"text","content":"Magna Mining Files Technical Report for the Denison ProjectToronto, Ontario--(Newsfile Corp. - December 15, 2022) - Magna Mining Inc. (TSXV: NICU) (\"Magna\" or the \"Company\") is pleased to announce that, further to its news release dated November 7, 2022, it has filed on SEDAR an independent technical report titled \"Mineral Resource Estimate Update for the Denison Ni-Cu-PGE Sulphide Deposit, Denison Project, Sudbury, Ontario Canada\" in respect of its Denison Project.The technical report has been filed in accordance with National Instrument 43-101 - Standards of Disclosure for Mineral Projects. A copy of the technical report is available under the Company's profile page at www.sedar.com.The independent technical report is dated December 14, 2022, with an effective date of August 19, 2022, and was prepared by Allan Armitage, Ph.D., P. Geo., of SGS Geological Services.About Magna Mining Inc.Magna is an exploration and development company focused on nickel, copper and PGM projects in the Sudbury region of Ontario, Canada. The Company's flagship assets are the past producing Shakespeare and Crean Hill Mines. The Shakespeare Mine is a feasibility stage project which has major permits for the construction of a 4,500 tonne per day open pit mine, processing plant and tailings storage facility and is surrounded by a contiguous 180km2 prospective land package. Crean Hill is a past producing nickel, copper and PGM mine with an updated technical report dated August 2022. Additional information about the Company is available on SEDAR (www.sedar.com) and on the Company's website (www.magnamining.com).Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this news release.For further information, please contact: Jason JessupChief Executive OfficerorPaul Fowler, CFASenior Vice PresidentEmail: [email protected] Cautionary StatementThis press release contains certain \"forward-looking information\" or \"forward-looking statements\" as defined in applicable securities laws. Forward-looking statements are not historical facts and are subject to several risks and uncertainties beyond the Company's control, including statements regarding the production at the Shakespeare and Crean Hill Mines, the economic and...