Magna Terra Partner Gold Hunter Resources Commences 10,000-Metre Drill Program at Great Northern Project, Newfoundland

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Toronto, Ontario--(Newsfile Corp. - June 29, 2026) - Magna Terra Minerals Inc. (TSXV: MTT) (the "Company" or "Magna Terra") is pleased to announce that Gold Hunter Resources Inc. (CSE: HUNT) ("Gold Hunter" or "HUNT") has commenced a 10,000-metre diamond drill program at the Great Northern Project in western Newfoundland (see link to HUNT news release here: https://goldhunterresources.com/gold-hunter-resources-commences-inaugural-drill-program-at-the-great-northern-project-newfoundland/). The Great Northern Project is a large (26,237 hectare) advanced gold exploration project consolidated by Gold Hunter that includes Magna Terra's 13,775 hectare Great Northern and Viking Projects that are under option to Gold Hunter. The greater project area is centered along a 40 kilometre section of the Doucer's Valley Fault Zone ("DVFZ"), a major regional structure that is a control on, and host to several gold deposits and untested prospects, including the Rattling Brook and Thor Deposits plus the Incinerator, Furnace, Jackson's Arm, Viking, Kramer, Viking North, and Little Davis Pond mineralized trends. Additionally, Magna Terra's Shellbird Gold Project is located 30 kilometres to the southwest along strike of the DVFZ (Figure 1). "We are very pleased to see this drill program get underway. This significant drill program will look to confirm and expand on the known resource areas, as well as test numerous first priority targets for potential new discoveries on this district scale land package. As the largest shareholder of HUNT (approximately 55 million shares representing an undiluted 19% interest), we are highly leveraged to any success this comprehensive drill program will deliver. This drill program along with the exploration advancements we are making on our own priority exploration projects both in Newfoundland and New Brunswick, as well as anticipated drill results from our partner Lunex Metals on our optioned Luna Roja Project in Santa Cruz Province, Argentina, will deliver significant news flow and multiple potential re-rating catalysts forthcoming through the rest of 2026 and into 2027." ~ Lew Lawrick, President and CEO, Magna Terra Minerals Inc. Figure 1: A map showing the location of the Shellbird Gold Project, the projection of the Doucer's Valley Fault Zone, the adjacent Great Northern Project and Fishhawk Gold's Gold Valley Project, and m...

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