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Magna Mining Intersects 6% Nickel in Additional Footwall Zone at the Crean Hill Project
Sudbury, Ontario--(Newsfile Corp. - July 10, 2023) - Magna Mining Inc. (TSXV: NICU) (FSE: 8YD) ("...
About this update from Magna Mining Inc
[{"type":"text","content":"Magna Mining Intersects 6% Nickel in Additional Footwall Zone at the Crean Hill ProjectSudbury, Ontario--(Newsfile Corp. - July 10, 2023) - Magna Mining Inc. (TSXV: NICU) (FSE: 8YD) (\"Magna\" or the \"Company\") is pleased to release additional assay results from the ongoing 2023 diamond drilling program. Drilling continues to intersect high grade nickel mineralization in the 101 Footwall (\"FW\") Zone and in a footwall zone between the 101 and 109 FW Zones, referred to as the 105 FW Zone, which intersected 6.0% Ni, 2.2 % Cu, 5.8 g/t Pt + Pd + Au over 2.2 metres. Highlights from the new assay results include:105 FW Zone MCR-23-024: 6.0% Ni, 2.2 % Cu, 5.8 g/t Pt + Pd + Au over 2.2 metres 101 FW ZoneMCR-23-020: 4.3% Ni, 0.4 % Cu, 1.7 g/t Pt + Pd + Au over 0.4 metresAnd 11.2% Ni, 0.4 % Cu, 0.1 g/t Pt + Pd + Au over 0.4 metresMCR-23-024: 5.1% Ni, 1.3 % Cu, 0.03 g/t Pt + Pd + Au over 0.8 metresDave King, SVP Technical Services, stated, \"Diamond drilling is ongoing at Crean Hill, where two drill rigs remain active. The assays released today include results from our initial drilling within the 105 FW Zone, which is a high tenor nickel zone similar to the 101 FW Zone, and hosted within a footwall breccia structure trending southwest from the Main Contact Zone. Both the 101 FW and the 105 FW Zones have the potential to produce high grade nickel ore using selective mining methods. Although some of the assay intervals released today are narrow, this style of massive sulphide veins can pinch and swell over relatively short distances, and it is encouraging to see these zones extending beyond the current Mineral Resource models. Diamond drilling is ongoing in these areas, and we look forward to providing additional assay results as they are received.\"Diamond drillhole assay results released today are from the 101 FW, 105 FW and 9400 FW Zones, and were designed to extend known mineralized zones beyond the current mineral resource models. Drillhole MCR-23-023 targeted the 9400 FW Zone, southwest of the known mineralization and intersected high-grade Pt+Pd+Au, low sulphide mineralization approximately 30 metres southwest of the current Mineral Resource.Drillholes MCR-23-020, MCR-23-021 and MCR-23-024 were designed to test both the 105 FW Zone and the 101 FW Zone. The 105 FW Zone is similar to the 101 FW Zone (See news release dated March 2, 2...