Aankondiging • Jun 20
Magna Terra Minerals Commences Exploration At the Humber Copper-Cobalt and Shellbird Gold Projects in Newfoundland Magna Terra Minerals Inc. had commenced its summer exploration programs at the Humber Copper-Cobalt ("Humber") and Shellbird Gold ("Shellbird") Projects, located in western Newfoundland. The work, part of a Phase 1 2026 exploration program, at Humber is designed to follow-up on a successful initial exploration program in 2025 that resulted in the discovery of the 2.2-kilometre Birch Zone as well as the identification of several high-priority combined geophysical and geochemical (copper, cobalt) targets for follow-up prospecting. The initial work at Shellbird will focus on prospecting and geological mapping at this recently acquired gold project. The planned Phase 1 exploration program includes: Humber Copper-Cobalt Project Prospecting to extend the Birch Zone along strike where soil sampling and geophysics from 2025 suggest potential for 2.0+ kilometres of additional strike length; 1,000 soil samples to test additional 3 kilometres extent southwest of Birch Zone; Prospecting of copper and cobalt stream sediment anomalies coincident with airborne geophysical conductors identified in 2025; and 300 stream sediment samples to complete coverage of the property in remote areas not sampled in 2025. Shellbird Gold Project Initial prospecting and geological mapping of the 2.33 g/t gold sample collected in 1997; and 75 stream sediment samples to follow-up on gold grains identified in historic stream sediment sampling. Humber Copper-Cobalt Project Highlights 2025 discovery of 2.2 kilometres of surface copper mineralization at the Birch Zone, with potential to expand to 4.2 kilometres based on geochemistry and a further 3.0 kilometres based on underlying geophysics; Host to regionally anomalous Cu, Co, Ag, Pb +/- Au, Mo, As, and Sb lake sediments; Airborne geophysical conductors coincident with lake and stream sediment Cu and Co anomalies; 8+ kilometre Hughes Lake Copper-Cobalt Trend; Analogous to the Kalahari Copper Belt, Namibia and Botswana; Central African Copper Belt, Zambia and the Democratic Republic of Congo (DRC); and the Kupferschiefer Belt, Poland; Globally, these Sediment-hosted Stratiform Copper ("SSC") deposit types represent 20% of Cu production and 60% of Co production; District-scale land package now comprising 49,925 hectares; Located within the premier mining jurisdiction of Newfoundland and Labrador; Year-round accessibility with road access to the majority of the Project; First mover advantage in a previously unrecognized area of exploration potential; and Acquired through staking - cost effective acquisition and with no underlying royalties or option payments. Shellbird Gold Project Highlights The Project covers a 35-kilometre extent of the regional-scale Doucer's Valley Fault Zone and associated fault splays; Strategically positioned 30 kilometres along strike from the Great Northern Gold Project in the same geological environment known to host orogenic gold mineralization; Historic (ca. 1997) rock grab samples from grassroots prospecting assaying up to 2.33 g/t gold with no follow-up; Government lake sediment samples with assays up to 9 ppb gold marking a strong regional geochemical anomaly; Historic stream sediment samples identified 5 locations with 1 gold grain in each sample (2 pristine, 2 reshaped and 1 modified) at the southwest end of property; Large land package comprising 30,650 hectares; Largely road accessible and 10 kilometres north of the town of Deer Lake; and Located adjacent to the Magna Terra's Humber Copper-Cobalt Project providing operational efficiencies. Board Change • May 21
Insufficient new directors No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 3 experienced directors. 2 highly experienced directors. Independent Director Gernot Wober was the last director to join the board, commencing their role in 2023. The following issues are considered to be risks according to the Simply Wall St Risk Model: Insufficient board refreshment. Aankondiging • Jan 14
Magna Terra Minerals Inc. Announces Results from Regional Prospecting Program on the Rocky Brook Project Magna Terra Minerals Inc. announced results from a regional prospecting program on the Rocky Brook Project ("Rocky Brook" or the "Project"), located in the prolific Bathurst Mining Camp ("BMC") of northern New Brunswick. Prospecting programs were undertaken from June to November 2025 and comprised the collection of 434 rock, grab, outcrop and float samples, and focused on high-priority exploration targets generated from a comprehensive review of airborne geophysical data, as well as targets generated by Windfall Geotek Corp.'s AI System as reported in a news release dated October 27, 2025 that covered gold prospecting on the Fournier Lake Gold Property. Copper assays up to 1.69% Cu from sedimentary rocks at the Fournier Lake Gold property; representing a new target of potential sediment-hosted-copper. A total of 434 rock grab samples were collected from the June and October-November prospecting programs of which 431 have returned assays with three sample assay results pending. Restigouche Property. A total of 235 grab samples were taken from the Restigouche Property with assay results ranging from 1 up to 81,700 ppm (8.17%) copper, with 25 of 235 (10.6%) assaying over 500 ppm. Prospecting along the 4.2-km-long Restigouche Trend, one of five AI generated targets overlying favourable rocks of the California Lake Group, includes 12 grab samples ranging from 1,075 to 81,700 ppm (0.11 to 8.17%) copper and 1,250 to 15,700 ppm (0.13 to 1.57%) zinc. Boudreau Brook-Fossil Hill Property. A total of 96 grab samples were collected from the Boudreau Brook-Fossil Hill Property with copper assay results ranging from 1,630 ppm (0.46%) copper, with 4 of 96 (4.2%) assaying over 500 ppm. Three of these samples were collected from the eastern end of the Boud Johnny Brook-Fossil Hill Trend and had copper values ranging 2,010 to 4,630 ppm from malachite +/- chalcocite bearing basalt and gabbro located up to 2.5 kilometres east of the Fossil Hill prospect. A total of 103 grab samples were collected from the Fournier Lake Gold Property with gold assay values reported December 1, 2025. Copper assay results ranging from <1 (below detection) up to 16,900 ppm (1.69%) copper, with 3 of 103 (2.9%) assaying over 500 ppm; Two of these samples ran 7,230 ppm and 16,900 ppm (0.72% and 1.69%) copper and were taken from outcrop of green silty sandstone with malachite along fractures in proximity to redbed sandstone of the Simpsons Field Formation, Chaleurs Group. Located in the prolific Bathurst Mining camp within the premier mining jurisdiction of New. The Rocky Brook Project is located adjacent to and along strike from the Williams Brook Project, owned by Kinross Gold Corporation ("Kinross") and Puma, where a zone of high-grade gold mineralization was discovered over broad widths including drill intervals up to 5.55 g/t Au over 50.15 m. The Project is located adjacent to a 30-kilometre-long section of the Rocky Brook-Millstream fault and associated McIntyre and Ramsay Brook faults; an important structural zone controlling gold mineralization within the region. The Project also covers volcanic and sedimentary rocks that show strong potential to host polymetallic Cu-Co-Pb-Zn-Au-Ag mineralization, and a zone of high-grade copper mineralization, and a zone in the region. The Project is located located adjacent to a 30- kilometres-long section of the RockyBrook-Millstream fault and associated Mcyre and Ramsay Brook faults; An important structural zone controlling gold mineralisation within the region. The Project is also covers volcanic and sedimentary rock that show strong potential to host Polymetallic Cu-Pb-Pb-Au-Au-Ag mineralized Cu-Pb-Ag mineralization, and Ag mineralization, a zone of the region. Aankondiging • Dec 29
Magna Terra Minerals Inc., Annual General Meeting, Feb 26, 2026 Magna Terra Minerals Inc., Annual General Meeting, Feb 26, 2026. Aankondiging • Sep 01
Magna Terra Minerals Inc. announced that it has received CAD 2.000004 million in funding On September 1, 2025, Magna Terra Minerals Inc. closed the transaction. The company issued 14,814,845 premium flow-through common shares of the Company at a price of CAD 0.135 per common share for gross proceeds of CAD 2,000,004.075. In connection with the Offering, the Company will pay a total of CAD 54,985 in finder's fees and has issued 610,944 finders warrants to certain eligible finders in accordance with policies of the TSX Venture Exchange. Each finders warrant is exercisable into one common share of the Company at a price of CAD 0.15 per common share for a period of 24 months from the date of issuance. Michael Gentile, an insider of the Company, participated in the closing by acquiring 856,667 premium flow-through common shares for gross proceeds of CAD 115,650.05. Prior to the Offering, Michael Gentile beneficially owned or controlled 17,615,000 common shares of the Company representing 19.2% of the outstanding common shares of the Company on a non-diluted basis. Immediately after the closing of the Offering, Michael Gentile now holds, directly and indirectly, or exercises control over 18,471,667 common shares representing 17.4% of the outstanding common shares of the Company. All securities issued pursuant to the Offering are subject to a regulatory four month and one day hold period. The Offering is subject to final approval by the TSX Venture Exchange. Aankondiging • Aug 01
Magna Terra Minerals Inc. announced that it expects to receive CAD 1 million in funding Magna Terra Minerals Inc. announced a non-brokered private placement to issue 7,407,407 premium flow-through common shares at an issue price of CAD 0.135 per share for gross proceeds of CAD 999,999.945 on July 31, 2025. The transaction is subject to all regulatory approvals. Michael Gentile, the company's largest shareholder (19.2%) will be participating in the offering. The company expects that an insider of the company will be participating in the offering. in connection with the Offering, the Company may pay finder's fees in cash or securities or a combination of both, as permitted by the policies of the TSX Venture Exchange. All securities issued pursuant to the offering will be subject to a regulatory four month and one day hold period. The Offering is subject to approval by the TSX Venture Exchange. Aankondiging • Jun 05
Magna Terra Minerals Inc. Announces Inaugural Exploration Program and Initiates Airborne Geophysical Survey At the Humber Copper-Cobalt Project in Newfoundland Magna Terra Minerals Inc. announced that it has commenced its inaugural exploration program at its 40,675-hectare, 100% owned Humber Copper-Cobalt Project located in western Newfoundland. The Company has initiated a 2,377 line-kilometre ("km") airborne geophysical survey. The helicopter-borne survey will comprise a systematic, property-wide, time-domain electromagnetic ("VTEM™? Plus") and horizontal magnetic gradiometer survey and will provide the baseline geophysical data to guide geological mapping and focus exploration efforts to discover Copper-Cobalt deposits. This is the first geophysical survey of this type in the area. The Company is interested in areas of geophysical anomalies coincident with anomalous copper ("Cu"), cobalt ("Co"), lead ("Pb"), silver ("Ag"), molybdenum ("Mo"), gold ("Au"), arsenic ("As"), and antimony ("Sb") lake sediment values found throughout the Project area including the Hughes Lake Trend where an 8 km long anomalous zone of copper and cobalt in soil samples is coincident with mafic volcanic rocks of the Hughes Lake Complex and associated magnetic rocks. Humber Project Highlights. Potential for discovery of significant Cu-Co deposits; Host to regionally anomalous Cu, Co, Ag, Pb +/- Au, Mo, As, and Sb lake sediments;. " Initiation of the airborne geophysical survey marks its inaugural exploration program at the Humber Project. This greenfields exploration project is host to numerous critical metal anomalies and has the geological environment consistent with the potential to host Sediment-hosted Stratiform Copper Deposits, which are globally significant producers of copper and cobalt with considerable by-products including rare and precious metals such as Mo, Ag, Au, U, REE, and PGEs. This geophysical survey is the first of its kind for this area and will provide the data to identify geophysical anomalies consistent with Stratiform Copper Deposits and will focus field efforts on areas of coincident geophysical and geochemical anomalies. Building on the geophysical program, The company anticipates commencing field work in the coming weeks as geophysical data begins to roll in with initial focus along the Hughes Lake Trend - an 8-km zone of copper-cobalt-in-soil anomalies adjacent to anomalous regional lake sediments. At the Humber copper-Cobalt Project, the company have assembled a rare, first-mover, district-scale project opportunity, that will continue to leverage expertise. Aankondiging • Feb 21
Magna Terra Minerals Inc. announced that it has received CAD 0.5 million in funding On February 20, 2025, the company has closed the transaction. The company has issued 1,000,000 premium flow-through common shares at a price of CAD 0.09 per share and 2,287,500 flow-through common shares at a price of CAD 0.08 per share for gross proceeds of CAD 273,000.In connection with the Offering, the Company has paid a total of CAD 4,500 in finder’s fees. All securities issued pursuant to the Offering are subject to a regulatory four month and one day hold period. The Offering is subject to approval by the TSX Venture Exchange. Aankondiging • Jan 22
Magna Terra Minerals Inc. announced that it expects to receive CAD 0.45 million in funding Magna Terra Minerals Inc. announced a non-brokered private placement to issue 5,000,000 premium flow-through common shares at issue price of CAD 0.09 per share for gross proceeds of CAD 450,000 on January 22, 2025. The private placement is subject to all regulatory approvals. Michael Gentile, largest shareholder will be participating in the Offering to his pro-rata ownership interest. In connection with the Offering, the Company may pay finder’s fees in cash or securities or a combination of both, as permitted by the policies of the TSX Venture Exchange. All securities issued pursuant to the Offering will be subject to a regulatory four month and one day hold period. The Offering is subject to approval by the TSX Venture Exchange. Aankondiging • Dec 31
Magna Terra Minerals Inc., Annual General Meeting, Feb 27, 2025 Magna Terra Minerals Inc., Annual General Meeting, Feb 27, 2025. New Risk • May 26
New major risk - Financial position The company has less than a year of cash runway based on its current free cash flow trend. Free cash flow: -CA$375k This is considered a major risk. With less than a year's worth of cash, the company will need to raise capital or take on debt unless its cash flows improve. This would dilute existing shareholders or increase balance sheet risk. Currently, the following risks have been identified for the company: Major Risks Less than 1 year of cash runway based on free cash flow trend (-CA$375k free cash flow). Share price has been highly volatile over the past 3 months (399% average daily change). Negative equity (-CA$834k). Earnings have declined by 30% per year over the past 5 years. Revenue is less than US$1m. Market cap is less than US$10m (€1.96m market cap, or US$2.13m). Minor Risk Shareholders have been diluted in the past year (20% increase in shares outstanding). Aankondiging • Dec 30
Magna Terra Minerals Inc., Annual General Meeting, Feb 29, 2024 Magna Terra Minerals Inc., Annual General Meeting, Feb 29, 2024. Aankondiging • Dec 21
Magna Terra Minerals Inc. Provides Update on Mineral Resource Estimate on Thor Gold Deposit, Viking Project, White Bay Area, Newfoundland, Canada Magna Terra Minerals Inc. provided update on Mineral Resource Estimate on the Thor Gold Deposit, Viking Project, White Bay Area, Newfoundland, Canada" dated December 20, 2023 and with an effective date of October 24, 2023 (Technical Report). The Company engaged the services of Independent Qualified Persons Matthew Harrington, P.Geo., and Rochelle Collins, P.Geo. of Mercator Geological Services Limited ("Mercator") and Lawrence Elgert, P.Eng. of AGP Mining Consultants Inc. ("AGP"), contributing original co-authors of the Technical Report and associated site visit. The Company contracted Mercator to complete an Updated Mineral Resource Estimate. The Updated Mineral Resource Estimate was completed in order to include additional drilling completed in 2016 that was not included in prior assessments of the Thor Deposit and also to bring the historical estimate into accordance with the CIM MRMR Best Practice Guidelines that were issued in November 2019 ("CIM MRMR Guidelines"). The Updated Mineral Resource is based on verified results of 162 diamond drill holes (23,775 m), including 10 drill holes (575 m) completed in 2008, 35 drill holes (3,613 m) completed in 2009, 59 drill holes (9,735 m) completed in 2010, 25 drill holes (4,698 m) completed in 2011 by Northern Abitibi Mining Corp. (now CANEX Metals Inc.), and 33 drill holes (5,154 m) completed in 2016 by Anaconda Mining Inc. (now Signal Gold Inc.). The Updated Mineral Resource Estimate for the Thor Deposit comprises open-pit constrained Indicated Mineral Resources of 817,000 tonnes at an average grade of 1.70 g/t gold for 45,000 ounces and open-pit constrained Inferred Mineral Resources of 44,000 tonnes at an average grade of 1.27 g/t gold for 1,800 ounces at a cut-off grade of 0.46 g/t gold. The Thor Deposit also includes underground constrained Indicated Mineral Resources of 62,000 tonnes at an average grade of 2.98 g/t gold containing 5,900 ounces and underground constrained Inferred Mineral Resources of 23,000 tonnes at an average grade of 3.31 g/t gold containing 2,400 ounces at a cut-off grade of 2.14 g/t gold. The Effective Date of the Mineral Resource Estimate is October 24, 2023. Aankondiging • Dec 12
Magna Terra Minerals Inc. announced that it has received CAD 0.324869 million in funding from Signal Gold Inc. On December 11, 2023, Magna Terra Minerals Inc. closed the transaction. The company has issued 10,828,980 common shares at a price of CAD 0.03 per share for the aggregate gross proceeds of CAD 324,869. After the closing, Signal Gold Inc. shall hold, directly and indirectly, 15,035,795 common shares of the company; Lawrick shall hold, directly and indirectly, or exercise control over 10,286,309 common shares, 1,300,000 common share purchase warrants and 1,071,429 stock options of the company; Francis shall hold, directly and indirectly, or exercise control over 2,206,667 common shares, 250,000 common share purchase warrants and 600,000 stock options of the company and Wober shall hold, directly and indirectly, or exercise control over 395,000 common shares and 400,000 stock options of the company. New Risk • Nov 14
New minor risk - Financial data availability The company's latest financial reports are more than 6 months old. Last reported fiscal period ended February 2023. This is considered a minor risk. If the company has not reported its earnings on time, it may have been delayed due to audit problems or it may be finding it difficult to reconcile its accounts. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (795% average daily change). Negative equity (-CA$538k). Earnings have declined by 36% per year over the past 5 years. Revenue is less than US$1m. Market cap is less than US$10m (€1.69m market cap, or US$1.81m). Minor Risks Latest financial reports are more than 6 months old (reported February 2023 fiscal period end). Shareholders have been diluted in the past year (26% increase in shares outstanding). Aankondiging • Nov 07
Magna Terra Minerals Inc. Provides Updated Mineral Resource on the Thor Deposit, Great Northern - Viking Project, Newfoundland Magna Terra Minerals Inc. announced that it has completed an Updated Mineral Resource Estimate on the Thor Deposit on its 100% owned Great Northern - Viking Project ("Viking" or the "Project"), located in western Newfoundland. The Great Northern - Viking Project area is a proven gold environment with existing Mineral Resources and numerous untested gold trends over a cumulative 30+ kilometre strike with the potential to host multi-million-ounce gold deposits. The Mineral Resource Update modernizes the Thor Deposit Mineral Resource in keeping with the latest CIM Guidelines as well as facilitating a full remodelling of the Deposit geometry and grade distribution/trends. The Company contracted Mercator Geological Services Limited to complete an Updated Mineral Resource Estimate. The Updated Mineral Resource Estimate was completed in order to include additional drilling completed in 2016 that was not included in prior assessments of the Deposit and also to bring the historical estimate into accordance with the CIM MRMR Best Practice Guidelines that were issued in November 2019. The Updated Mineral Resource is based on verified results of 162 diamond drill holes (23,775 m), including 10 drill holes (575 m) completed in 2008, 35 drill holes (3,613 m) completed in 2009, 59 drill holes (9,735 m) completed in 2010, 25 drill holes (4,698 m) completed in 2011 by Northern Abitibi Mining Corp. (now CANEX Metals Inc.), and 33 drill holes (5,154 m) completed in 2016 by Anaconda Mining Inc. (now Signal Gold Inc.). The Updated Mineral Resource Estimate for the Thor Deposit comprises open-pit constrained Indicated Mineral Resources of 817,000 tonnes at an average grade of 1.70 g/t gold for 45,000 ounces and open-pit constrained Inferred Mineral Resources of 44,000 tonnes at an averagegrade of 1.27 g/t gold for 1,800 ounces at a cut-off grade of 0.46 g/t gold. Magna Terra is not treating the historical estimate as current Mineral Resources and it is superseded by the Updated Mineral Resource presented in this press release. Results of the 2016 Thor Deposit historical estimate are 937,000 tonnes Indicated with an average grade of 2.09 g/t gold and 350,000 tonnes Inferred with an average grade of 1.79 g/t gold. The combined new Open Pit - Underground Mineral Resource Estimate represents a 6% decrease in tonnes, a 14% decrease in grade and a 20% decrease in contained ounces for Indicated Mineral Resources and an 81% decrease in tonnes, 10% increase in grade and 79% decrease in contained ounces for Inferred Mineral Resources compared to the 2016 historical estimate. Aankondiging • Sep 23
Magna Terra Minerals Inc. announced that it expects to receive CAD 0.6 million in funding Magna Terra Minerals Inc. announced a a non-brokered Private Placement to issue 20,000,000 common shares at an issue price of CAD 0.03 per share for the gross proceeds of CAD 600,000 on September 22, 2023. The transaction may include participation from certain insiders. The transaction is subject to regulatory approvals. In connection with the Private Placement, the Company may pay finder’s fees in cash or securities or a combination of both, as permitted by the policies of the TSX Venture Exchange. All securities issued pursuant to the Private Placement will be subject to a regulatory four month and one day hold period. It is anticipated that an initial closing will occur on or before September 29, 2023. The Private Placement is subject to approval by the TSX Venture Exchange. Aankondiging • Jun 21
Magna Terra Minerals Inc. Provides Update on Recent Exploration Results by Partner Opus One At Noyell Project, Quebec Magna Terra Minerals Inc. announced that Opus One Resources Inc. ("Opus One") have provided a detailed summary report of its exploration program undertaken to date on the Noyell Project ("Noyell"), located in the province of Quebec. In addition, Opus One has made the fourth anniversary option payment to Magna Terra of $100,000 under the option and purchase agreement. The Noyell Project covers an area of 2,536 hectares and is located along the Douay-Cameron deformation corridor (south of the Casa Berardi Break) near the past-producing Vezza gold mine. Since acquiring the Noyell Project in 2019, Opus One has completed 5,876.6 metres of diamond drilling in 14 drill holes that have targeted Zones 1 and 2 as previously reported in Opus One news releases dated July 8, 2020 and April 13, 2021. In addition,Opus One has completed ground Induced Polarization ("IP") and airborne magnetic surveys on the Property. Drill holes NO-20-01, 02; NO-21-01 to NO-21-08; and NO-21-12 were drilled to test the Main Zone mineralization and successfully intersected gold mineralization in Zones 1 and Zones 2. Drill holes NO-21-09 to NO-21-11 were drilled to test IP exploration targets to the east of the Main Zone. Highlight assays for drilling on the project, including historic results from 1988, 1994, 1995 and 2007, are provided in Table 1. Project Highlights: Favourably located in the Abitibi Greenstone Belt; 10 kilometres along strike from past-producing Vezza Mine along the Douay-C Cameron Deformation Corridor; Covering 5 kilometres of favourable strike length; Close to existing infrastructure (road, power, manpower, existing gold mills); Drilling in 2020 and 2021 has outlined significant grade over width at Zone 1 of the Main Zone, with assays including: 3.54 g/t Au over 11.2 m (294.9 to 306.1 m), including 7.96 g/t gold over 3.7 m in drill hole NO-20-02; 4.47 g/t gold over 6.5 m (404.0 to 410.5 m) in drill hole NO-21-06; and Open for expansion along strike and down-dip as well in sub-parallel Zone 2. Aankondiging • Feb 15
Magna Terra Minerals Inc. Announces Board Changes Magna Terra Minerals Inc. announced that Mr. Denis Hall has resigned his seat on the Board of Directors and will be replaced by Mr. Gernot Wober. Mr. Wober is a professional geologist (P. Geo.) and has over 32 years of international experience, including substantial time spent in Latin America. Mr. Wober is currently the VP Exploration for Discovery Silver Corp. where he started in 2018, and in 2019 identified the Cordero silver deposit in Chihuahua, Mexico for acquisition. Previously, he served as VP Exploration, Canada, at Osisko Mining Inc. (Osisko), during which time he took part in several key mergers and acquisitions and led the team through the advancement of the Windfall Au Deposit and the discovery of the new Lynx Zone. Prior to his role at Osisko, Mr. Wober held the position of VP Exploration for Oban Mining Corporation from 2012 to 2016, working on a wide array of projects in Latin America, including the Antamayo skarn/manto project in Peru, and the Guaynopa skarn project in Mexico. From 2008 through to 2012, working for the Pebble Limited Partnership, Mr. Wober was the Director of Site Operations for the Pebble Cu-Mo-Au project in Alaska, managing the field team through a Pre-Feasibility Study (PFS) and the expansion of the resource from 3 billion tonnes to 9 billion tonnes. From 2005 to 2007, Mr. Wober acted as the VP Exploration for Great Basin Gold Ltd. ("Great Basin") based in Johannesburg, South Africa, during which time he managed the field work for the PFS, Feasibility Study, and ramp development of the Burnstone Au project. During his tenure with Great Basin, he was also responsible for geology during the advancement of the Hollister Au underground project in Nevada through to PFS and eventual bulk sample development. Mr. Wober's career also includes exploration roles with Chevron Canada Resources Limited at various prospects in British Columbia and the NWT, Noranda Exploration Company Limited in the Yukon at Brewery Creek Au deposit & various prospects in BC, for Taseko Mines Ltd. at the Prosperity Cu Project and the re-start of the Gibraltar Cu Mine near Williams Lake. He completed his B.Sc. Geology from the University of British Columbia. Aankondiging • Jan 26
Magna Terra Minerals Inc. Discovers New Gold Targets At the Viking North Trend, Great Northern Project, Newfoundland Magna Terra Minerals Inc. announce results of a gold geochemical sampling program (‘Exploration Program’), as announced on October 12, 2022, at its 100%-owned Great Northern Project (‘Great Northern’ or the ‘Project’), located in western Newfoundland. The Exploration Program comprised collection of 1,123 B-horizon soil samples for gold analysis predominately along the Viking North Trend, but also along the easterly projection of the Viking Trend. The Exploration Program successfully identified multiple new, high-tenor, exploration targets at both trends for follow-up exploration work to ultimately define drill targets. Highlights of the Exploration Program include: Eight-kilometre-long zone of anomalous gold-in-soil values along the Viking North Trend and the generation of multiple new, high-tenor, exploration targets; 900-metre-long extension of the Viking Trend towards the northeast with a total trend length of 6.4 kilometres; Soil samples assaying up to 203 ppb gold and with 15 samples assaying greater than 50 ppb gold; Recognition that the trends are associated with east-west or northeast striking fault zones which host, drill confirmed, in-situ gold mineralization and are linked to the Doucers Valley Fault, a key controlling crustal-scale fault zone; and These new targets continue to highlight gold discovery potential and add to the 30+ kilometres of gold trends on the Project. An Inferred Mineral Resource Estimate^ of 5,460,000 tonnes at an average grade of 1.45 g/t gold containing 255,000 contained ounces at a cut-off grade of 1.0 g/t gold at the Rattling Brook Deposit; and During the Exploration Program, Magna Terra completed a systematic geochemical sampling program comprising collection of 1,123 primarily B-horizon soil samples covering the Viking North Trend and the northeast extension of the Viking Trend, at the Great Northern Project. At the Viking North Trend, a total of 992 largely B-Horizon soil samples were collected along 100 metre spaced lines at 25 metre sample intervals. Soil sampling was designed to cover the strike extent of the Viking North Trend as indicated by previous reconnaissance exploration and covering a prominent east-west (070o) striking fault zone. Similar east-west fault splays on the project host gold mineralization at the nearby Viking, Incinerator, and Furnace Trends Assays up to 203 ppb gold were obtained from soil sampling with 15 of the 992 samples assaying >50 ppb gold and 41 assaying >20 ppb gold These samples, along with previous soil and rock samples assaying up to 380 ppb gold and 2.12 g/t gold, respectively, continue to outline an 8.0-kilometre-long trend of gold mineralization that is coincident with a topographic low along an east-west (070o) trending fault zone The Viking North Trend has not been tested by diamond drilling. At the Viking Trend, a total of 131 samples were collected along strike to the northeast of the existing 5.5-kilometre-long Viking Trend along 200 metre spaced east-west oriented infill soil lines at 25 metre sample intervals. The survey was designed to follow-up upon previous broad-spaced soil sampling that showed potential for extension of the Viking Trend towards the east-northeast. Assays up to 26 ppb gold were obtained from soil sampling with 2 of the 131 samples assaying >20 ppb gold Soils sampling has successfully extended the Viking Trend geochemical target 900-metres to the northeast towards where it intersected the Precambrian-Cambrian contact near the Doucers Valley Fault. The Viking Trend now consists of 6.4 kilometres of anomalous gold in rock and soil samples. Only minor diamond drilling has been undertaken in the central part of the Viking Trend. Aankondiging • Jan 13
Magna Terra Identifies Significant Additional Gold Targets At Its Flagship Great Northern Project, Newfoundland Magna Terra Minerals Inc. announced results of the 2022 geochemical sampling program at its flagship 100%-owned Great Northern Project ("Great Northern" or the "Project"), located in western Newfoundland. The geochemical sampling program comprised collection of 2,528 B-horizon soil samples at the Furnace and Jacksons Arm Gold Trends and has successfully identified six new gold targets on the Great Northern Project. The Company is focused on its flagship Great Northern Project; a proven gold environment with existing Mineral Resources and numerous untested gold trends over a cumulative 30+ kilometre strike located within a geological setting analogous to the nearby Valentine Gold Project (Marathon Gold Corp.), with the potential to host multi-million ounce gold deposits. These untested gold trends highlight the untested potential of the Project and provide numerous largescale targets for further discovery and resource growth. During 2022, Magna Terra received results for a systematic geochemical program comprising collection of 2,528 primarily B-horizon soil samples in three areas, the Rattling Brook South, Jacksons Arm South, and Jacksons Arm North areas, at the Great Northern Project. In the Rattling Brook South Area, a total of 1,040 largely B-Horizon soil samples were collected along 100 metre spaced lines at 25 metre sample intervals. Soil sampling was designed to cover the possible along strike extension south of the Beaver Dam Zone along the trace of the Doucer's Valley Fault and several east-west oriented fault splays that have potential to host gold mineralization including the Furnace Trend. Similar east-west fault splays to the north host gold mineralization at the Incinerator Trend. Assays up to 2,550 ppb gold were obtained from soil sampling with 11 of the 1,040 samples assaying > 50 ppb gold and 44 assaying > 20 ppb gold. The geochemical footprint of the Beaver Dam Zone, part of the Rattling Brook Deposit Resource, was extended 350 metres towards the south along the main granite-sedimentary contact that is host to gold mineralization at Beaver Dam. Soil sampling over the Furnace Trend and to the south has continued to highlight the Furnace Trend as a target for follow-up drill testing, as well as identifying 4 additional gold targets with assays up to 1,210 ppb gold, ranging in length from 400 to 800 metres. These new targets are associated with east-west trending fault zones similar to that observed at Furnace and known to host gold at the Incinerator Trend. In the Jacksons Arm Area, a total of 1,488 samples were collected along strike to the north and south of the Jacksons Arm Trend along 100 metre spaced east-west oriented lines at 25 metre sample intervals. The survey was designed to follow-up and expand upon historical sampling in the area that outlines a 2.4-kilometre long gold-bearing alteration zone at Jacksons Arm. Assays up to 190 ppb gold were obtained from soil sampling with 9 of the 1,488 samples assaying > 50 ppb gold and 32 assaying > 20 ppb gold. At the Jacksons Arm South area, a 1.0-kilometre long northeast trending geochemical target, with assays up to 140 ppb gold, has been identified in this program that is coincident with a fault bound slice of Ordovician granite hosted within younger Sops Arm Group volcanic and sedimentary rocks. At the Jacksons Arm North area, a 1.1-kilometre long northeast trending geochemical target, with assays up to 262 ppb gold, has been identified that is underlain by Sops Arm Group felsic volcanic rocks near its contact with Ordovician granites and sub-parallel with the nearby Doucer's Valley Fault. Aankondiging • Dec 10
Magna Terra Minerals Inc., Annual General Meeting, Feb 07, 2023 Magna Terra Minerals Inc., Annual General Meeting, Feb 07, 2023. 