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Magna Terra Partner Lunex Metals Advances Exploration and Launches Drill Program at the Luna Roja Project in Santa Cruz, Argentina
Toronto, Ontario--(Newsfile Corp. - February 12, 2026) - Magna Terra Minerals Inc. (TSXV: MTT) ("Magna Terra" or the "Company") is pleased to announce that project partner Lunex Metals Corp. ("Lunex"; formerly Andean Metals Corp.) has commenced a 3,000-metre drill program on the Luna Roja Project ("Luna Roja" or the "Project"), located in Santa Cruz Province, Argentina (Figure 1).Since optioning the Luna Roja Project from Magna Terra in October 2025, Lunex has carried out prospecting, geological
About this update from Magna Terra Minerals Inc
[{"type":"text","content":"Toronto, Ontario--(Newsfile Corp. - February 12, 2026) - Magna Terra Minerals Inc. (TSXV: MTT) ("Magna Terra" or the "Company") is pleased to announce that project partner Lunex Metals Corp. ("Lunex"; formerly Andean Metals Corp.) has commenced a 3,000-metre drill program on the Luna Roja Project ("Luna Roja" or the "Project"), located in Santa Cruz Province, Argentina (Figure 1).","length":448,"tagName":"p"},{"type":"text","content":"Since optioning the Luna Roja Project from Magna Terra in October 2025, Lunex has carried out prospecting, geological mapping, and ground geophysical surveys that have identified priority targets that will be tested in this drill campaign. Exploration to date has included the collection of 31 rock chip and 23 channel samples, as well as 330.04-line kilometres of ground magnetic surveying.","length":391,"tagName":"p"},{"type":"text","content":"Rock chip and channel sampling resulted in the discovery of high-grade gold and silver mineralization with assays up to 13.26 g/t gold and 1,155 g/t silver. Rock samples ranged from <0.01 g/t gold to 13.26 g/t gold with 7 of the 54 samples assaying over 1 g/t gold; and ranged from <0.01 g/t silver to 1,155 g/t silver with 40 of the 54 samples assaying greater than 1 g/t silver. Notably two of the highest-grade samples (samples 1004 and 1005) assayed for elevated mercury (Hg) with values of 5,896 ppb and 4,686 ppb, a key pathfinder for gold mineralization within low-sulphidation epithermal systems.","length":610,"tagName":"p"},{"type":"text","content":"At the south end of Estrella del Norte, 3 channel samples were collected that assayed 1.97 g/t gold and 7.2 g/t silver over 1.0 metre, 4.02 g/t gold and 4.03 g/t silver over 1.0 metre; and 13.26 g/t gold and 8.2 g/t silver over 1.0 metre from an outcrop of altered rhyolitic dome rocks with fine disseminated sulphides and stockwork-style mineralization (Figure 2).","length":365,"tagName":"p"},{"type":"text","content":"At Cruz del Sur, at the south end of the Via Láctea Fault, chip samples were collected that assayed 1.65 g/t gold and 1,155 g/t silver over 1.0 metre and 1.48 g/t gold and 241 g/t silver over 1.0 metre from hydrothermal breccia with quartz-adularia- sericite alteration (Figure 2).","length":281,"tagName":"p"},{"type":"text","conte...