Magna Mining Inc · TSX:NICU
Magna Mining — Investor Presentation (June 2025)
19 slides from Magna Mining's investor presentation, June 2025
Slide 1: Copper & Nickel Production in North America's Premier Mining District
TSXV: NICU www.magnamining.com OTC: MGMNF COPPER & NICKEL PRODUCTION IN NORTH AMERICA’S PREMIER MINING DISTRICT June 2025
Slide 2: Cautionary Statements
CAUTIONARY STATEMENTS Cautionary Statement Regarding Forward-Looking Information This presentation contains forward-looking information and forward-looking statements (collectively, "forward-looking statements") within the meaning of applicable Canadian securities legislation. All statements, other
Slide 3: Magna Mining – Pillars of Growth
MAGNA MINING – PILLARS OF GROWTH SYNERGISTIC PRODUCTION 0 EXPLORATION ACQUISITIONS • Track record of acquiring accretive • Experienced Sudbury exploration team • Currently one producing copper mine projects in Sudbury • Track record of making significant • Acquisitions targeted that are non-core • F
Slide 4: Sudbury – A World Class Mining District
SUDBURY – A WORLD CLASS MINING DISTRICT RAND NORTHRANGE NORTHWEST FOY PODOLSKY Glencore Strathcona Mill LEVACK KIRKWOOD McCREEDY WEST Glencore Falconbridge Smelter Azilda FALCONBRIDGE FOOTWALL Vale Clarabelle Mill Callum Vale Copper Cliff Smelter SHAKESPEARE City of Sudbury Key Whitefish Wanup Produ
Slide 5: Magna Mining's Production Pipeline
MAGNA MINING’S PRODUCTION PIPELINE Pipeline of projects: Magna now has a portfolio of low capex, brownfield or past producing assets that can provide a platform for Production MCCREEDY WEST significant production growth for the next 5 years LEVACK Bootstrapped production plan: Staggered production s
Slide 6: McCreedy West Mine
McCREEDY WEST MINE Surface Shop Offices Ore Sorter Portal Crusher, Sample Tower, Shipping
Slide 7: Levack Mine
LEVACK MINE Administration Security Levack #2 Shaft Building Vale Proposed Portal Coleman Mine Backfill Plant Glencore Onaping Depth Project
Slide 8: Capital Structure
CA P ITA L ST R U CT URE EQUITY PERFORMANCE C U R R E N T CA P I TA L ST R U CT U R E (TSXV: NICU) Institutional Retail Issued & Outstanding 203,640,054 ~37% ~53% Options & RSU’s 12,858,768 Warrants 1 25,219,607 Fully Diluted 241,718,329 TOP SHAREHOLDERS Cash2 C$38 million Dundee Corporation 21.5% H
Slide 9: Mining for Our Future
MINING FOR OUR FUTURE TSXV: NICU OTC: MGMNF Jason Jessup, CEO Paul Fowler, Senior Vice President www.magnamining.com Jason.Jessup@magnamining.com Paul.Fowler@magnamining.com
Slide 10: Combined Resources
COMBINED RESOURCES • 780 million lbs of copper Total Contained Metal in NI 43-101 • 742 million lbs of nickel Compliant Resources • 2.6 million ounces of precious metals (Pt, Pd + Au) • 2.8 billion lbs of copper equivalent (Cu Eq) Additional Contained Metal in • 270 million pounds copper • 337 milli
Slide 11: Management
MANAGEMENT Jason Jessup, MBA - CEO & Director Jason has over 25 years of experience in the mining industry comprising operations management, corporate development and project evaluation. Formerly FNX Mining, Sandstorm Gold, Premier Royalty, and INCO. Paul Fowler, CFA - Senior Vice President Paul is
Slide 12: Directors and Strategic Advisors
DIRECTORS AND STRATEGIC ADVISORS V e r n B a k e r , P .E n g . , M B A C h a i r m a n Vern has +30 years of experience in the mining sector. He is currently the CEO of Jaguar Mining (TSX), previously served as General Manager of Goldcorp’s Cerro Negro Mine, VP Operations at FNX Mining, and Preside
Slide 13: Our Experience at McCreedy West & Levack
OUR EXPERIENCE AT McCREEDY WEST & LEVACK Magna Mining COO Jeff Huffman, in a CEO Jason Jessup and Jeff Huffman in a Morrison Deposit mechanized cut & fill stope footwall copper stope at MCW in 2010 captive cut & fill stope in the Morrison circa 2010 deposit in 2011. 23 Photo credits: Steve Clapp, Cr
Slide 14: KGHM Acquisition - Mineral Resources
KGHM ACQUISITION - MINERAL RESOURCES NI 43-101 MINERAL RESOURCE ESTMATE McCreedy West Underground Mineral Resource Estimate, Dec 31, 20231 Cut-off Grade Tonnes Ni % Cu % Co % Pt g/t Pd g/t Au g/t Ag g/t Ni Eq % NiEq (%) Indicated 1.10 9,345,000 0.89 1.30 0.024 0.96 1.10 0.45 5.28 2.02 Inferred 1.10
Slide 15: McCreedy West Mineral Resources
McCREEDY WEST MINERAL RESOURCES MCCREEDY WEST NI 43-101 MINERAL RESOURCE ESTIMATE BY ZONE 1 700 Zone Cut-off Grade Tonnes Ni % Cu % Co % Pt g/t Pd g/t Au g/t Ag g/t NiEq % NiEq (%) Indicated 1.1 5,230,000 0.7 1.92 0.014 1.08 1.17 0.57 6.48 2.16 Inferred 1.1 63,000 1.63 1.23 0.04 0.4 0.43 0.1 0.82 2.
Slide 16: Notes on McCreedy West and Historical Mineral Resources
NOTES ON McCREEDY WEST AND HISTORICAL MINERAL RESOURCES McCreedy West Property Mineral Resource Estimate Notes: 1. The effective date of the McCreedy West Property Mineral Resource Estimate (MRE) is December 31, 2023. This is the close out date for the final mineral resource models and mine out mode
Slide 17: Upcoming Catalysts
U P C O M I N G C ATA LYS T S Q1 PRODUCTION AND FINANCIALS REPORTED END OF MAY NEAR TERM EXPLORATION RESULTS FROM LEVACK AND MCCREEDY WEST PIPELINE OF PROPERTIES AND THE POTENTIAL FOR ‘BOOTSTRAPPED’ ORGANIC GROWTH POTENTIAL FOR ADDITIONAL SYNERGISTIC ACQUISITIONS
Slide 18: Magna's Focus for 2025
MAGNA'S FOCUS FOR 2025 • Optimizing systems for efficiency, reliability and productivity OPTIMIZE McCREEDY WEST • Develop a mine plan driven by high grade copper mining, with optionality for nickel mining FOR CASH FLOW & SUSTAINABLE PRODUCTION • Production ramp up from 300k tonnes per annum (tpa) to
Slide 19: Operational Updates Q1 2025
OPERATIONAL UPDATES Q1 2025 • Crean Hill engineering, dewatering and progression of grid power connection EVALUATION OF SUDBURY • Geologists to Compile/Interpret data from 2024 exploration as well as EXPLORATION & DEVELOPMENT new acquisition properties, and systematically identify targets and rank P