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Magna Terra Acquires Large Strategic Property Further Enhancing Its Rocky Brook Project in Northern New Brunswick
TORONTO, ON / ACCESS Newswire / February 27, 2025 / Magna Terra Minerals Inc . (the " Company...
About this update from Magna Terra Minerals Inc
[{"type":"text","content":"Magna Terra Acquires Large Strategic Property Further Enhancing Its Rocky Brook Project in Northern New BrunswickTORONTO, ON / ACCESS Newswire / February 27, 2025 / Magna Terra Minerals Inc. (the \"Company\" or \"Magna Terra\") (TSXV:MTT) is pleased to announce that it has optioned a large strategic exploration land package; the Restigouche Property (\"Restigouche\" or the \"Property\") adding significant additional scale and exploration upside to its Rocky Brook Project (\"Rocky Brook\" or the \"Project\"), located in the prolific Bathurst Mining Camp of northern New Brunswick. Restigouche comprises approximately 6,605 hectares in 24 mineral claims, located adjacent to and along strike from the Murray Brook Deposit; the largest undeveloped VMS project in New Brunswick owned by Canadian Copper Inc. The acquisition of Restigouche brings the total land package of the greater Rocky Brook Project now owned 100% by Magna Terra to 17,104 hectares in 57 mineral claims, making the Company one of the single largest strategic landholders in this historic mining camp (Figure 1).Restigouche Property HighlightsThe Property covers a 40-kilometre extent of favourable California Lake felsic volcanic and sedimentary rocks that are host to the nearby Restigouche, Murray Brook, and Caribou Deposits;The Property covers the C-4 and C-5 footwall Cu-rich \"feeder\" zones;Previous historical drilling at the C-4 zone in hole C-4 that intersected 4.36 m grading 0.2% Cu, 1.6% Pb and 6.74% Zn (from 17.3 to 21.6 m). The best intersection in the C-5 area was reported in hole C-5 that intersected 2.06% Cu and 0.57% Zn over 4.5 m (from 51.9 to 56.4 metres);Located within the prolific Bathurst Mining Camp and top-tier mining jurisdiction of New Brunswick; andYear-round accessibility with road access to the majority of the Property.\"We are very excited to make another strategic acquisition in the prolific Bathurst Mining Camp in northern New Brunswick. Restigouche adds significant further scale and exploration upside to the greater Rocky Brook Project at a very reasonable overall cost. The large land package that now makes up the Rocky Brook Project gives the Company and its shareholders further exposure to a world-class base - critical metals camp, as well as high grade precious metals exploration upside. With Canadian Copper Inc. advancing development of the ...