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Magna Terra Expands Land Position in Northern New Brunswick; Acquires the Oxford Project
Toronto, Ontario--(Newsfile Corp. - January 29, 2026) - Magna Terra Minerals Inc .  (TSXV: ...
About this update from Magna Terra Minerals Inc
[{"type":"text","content":"Magna Terra Expands Land Position in Northern New Brunswick; Acquires the Oxford ProjectToronto, Ontario--(Newsfile Corp. - January 29, 2026) - Magna Terra Minerals Inc. (TSXV: MTT) (the \"Company\" or \"Magna Terra\") is pleased to announce that it has acquired the Oxford Project (the \"Project\"), located in northern New Brunswick, via an option agreement. The Project underlying the option agreement comprises 5 mineral claims totaling 3,400 hectares that are situated along and adjacent to the Rocky Brook-Millstream Fault System (Figure 1) within the greater Bathurst Mining Camp (\"BMC\").The Project was acquired due to the presence of the high-grade polymetallic Oxford Brook occurrence where previous work has shown grab samples* assaying up to 59.1 g/t Ag, 8.9% Zn and 5.16% Pb and 2.71 g/t Au and the proximity (7 km) of the Project to the Puma Exploration - Kinross Williams Brook gold project.\"We are pleased to acquire the Oxford Project and continue to increase our footprint in an emerging gold district. The Oxford Project with its proximity to Puma/Kinross's Williams Brook Property and strategic location along a 14-kilometre section of the Rocky Brook-Millstream Fault compliments our existing 28,089 hectare Rocky Brook Project and offers shareholders enhanced exposure to this developing exploration story. The acquisition of the Oxford Project furthers the Company's strategy of acquiring early-stage precious and critical metal projects that offer good value and discovery upside for our shareholders and highlights our belief that New Brunswick and Atlantic Canada remain under-explored, presenting a compelling opportunity for exploration and discovery. We have been aggressively acquiring additional mineral claims in the region primarily focused on gold with recent acquisitions at Fournier Lake and Prospect Or's Dream.Our technical team will be completing a full compilation of historic data on the Project in the coming weeks and will undertake planning for a spring/summer field program in 2026.\"~ Lew Lawrick, President and CEO, Magna Terra Minerals Inc.Oxford Project HighlightsPolymetallic volcanogenic massive sulphide (\"VMS\") and gold mineralization with rock grab samples* assaying up to 59.1 g/t Ag, 8.9% Zn, 5.16% Pb, and 2.71 g/t Au; 3,400 hectare property located 7 kilometres to the northwest of Puma Exploratio...