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Magna Terra Provides Update On Technical Disclosure Amendment
TORONTO, ON / ACCESSWIRE / May 6, 2022 / Magna Terra Minerals Inc. (TSXV:MTT) (" MTT " or th...
About this update from Magna Terra Minerals Inc
[{"type":"text","content":"Magna Terra Provides Update On Technical Disclosure AmendmentTORONTO, ON / ACCESSWIRE / May 6, 2022 / Magna Terra Minerals Inc. (TSXV:MTT) (\"MTT\" or the \"Company\") wishes to provide an update (refer to press release dated April 8, 2022) as it pertains to its Technical Report(s) entitled \"NI 43-101 Technical Report and Mineral Resource Estimate on the Cape Spencer Gold Deposit, Saint John County, New Brunswick, Canada\" dated November 14, 2019 and with an effective date of January 23, 2019 (the \"Cape Spencer Technical Report\") and its Technical Report entitled \"NI 43-101 Technical Report and Mineral Resource Estimate on the Rattling Brook Gold Deposit, Great Northern Project, White Bay Area, Newfoundland, Canada\" dated November 14, 2019 and with an effective date of January 23, 2019 (the \"Rattling Brook Technical Report\", and together with the Cape Spencer Technical Report, the \"Technical Reports\"). The Company has engaged the services of Independent Qualified Persons Michael Cullen, P.Geo., and Matthew Harrington, P.Geo., of Mercator Geological Services Limited (\"Mercator\"), contributing original co-authors of both reports, to amend the Technical Reports following updated site visits. As of today, the Company can confirm the following:The amended Technical Reports were submitted for review to the Autorité des Marchés Financiers (\"AMF\") on April 29,2022.Upon approval of the amended Technical Reports, the Company will promptly file the amended documents on SEDAR. The Company does not expect these amendments to affect the conclusions of the Technical Reports.About Magna TerraMagna Terra Minerals Inc. is a precious metals focused exploration company, headquartered in Toronto, Canada. Magna Terra owns two district scale, resource stage gold exploration projects in the top-tier mining jurisdictions of New Brunswick and Newfoundland and Labrador. Further, the Company maintains a significant exploration portfolio in the province of Santa Cruz, Argentina which includes its precious metals discovery on its Luna Roja Project, as well as an extensive portfolio of district scale drill ready projects available for option or joint venture.Forward Looking StatementsNeither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts respons...