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Magna Mining Reports Diamond Drilling Results From the 109 Footwall Zone Surface Bulk Sample Area

Magna Mining Reports Diamond Drilling Results From the 109 Footwall Zone Surface Bulk Sample Area

麥格納礦業報告了 109 英尺區表面散裝樣品區域的鑽石鑽探結果
newsfile ·  05/08 19:00

Results include 0.9% Ni, 2.9% Cu, and 9.5 g/t Pt+Pd+Au over 6.3 metres, starting at surface

結果包括 6.3 米以上的 0.9% 鎳、2.9% 的銅和 9.5 g/t Pt+Pd+Au,從表面開始

Sudbury, Ontario--(Newsfile Corp. - May 8, 2024) - Magna Mining Inc. (TSXV: NICU) (OTCQB: MGMNF) (FSE: 8YD) ("Magna" or the "Company") is pleased to provide additional diamond drilling results from the 2024 exploration program at Crean Hill, targeting the near surface advanced exploration area of the 109 Footwall (FW) Zone.

安大略省薩德伯裏--(Newsfile Corp.,2024年5月8日)——麥格納礦業公司(多倫多證券交易所股票代碼:NICU)(OTCQB:MGMNF)(FSE:8YD)(“麥格納” 或 “公司”)很高興提供2024年克雷恩山勘探計劃的更多鑽石鑽探結果,目標是109英尺區(FW)的近地表高級勘探區域。

Highlights from the new assay results include:

新分析結果的亮點包括:

  • 109 FW Zone
  • 109 FW 區域

MCB-24-029: 0.9% Ni, 2.9 % Cu, 9.5 g/t Pt + Pd + Au over 6.3 metres

MCB-24-029:在 6.3 米以上,0.9% 鎳,2.9% 銅,9.5 g/t Pd + Au

MCB-24-031: 0.7% Ni, 0.8 % Cu, 6.8 g/t Pt + Pd + Au over 7.0 metres

MCB-24-031:0.7% 鎳,0.8% 銅,6.8 g/t Pd + Au 超過 7.0 米

Including 1.9% Ni, 2.3 % Cu, 10.9 g/t Pt + Pd + Au over 2.1 metres

包括 2.1 米以上的 1.9% 鎳、2.3% 的銅、10.9 g/t Pd + Au

MCB-24-033: 0.2% Ni, 2.0 % Cu, 11.3 g/t Pt + Pd + Au over 4.5 metres

MCB-24-033:4.5 米以上,0.2% 鎳,2.0% 銅,11.3 g/t Pd + Au

MCR-24-075: 0.2% Ni, 0.2 % Cu, 17.0 g/t Pt + Pd + Au over 13.0 metres

MCR-24-075:超過 13.0 米的 0.2% 鎳,0.2% 銅,17.0 g/t Pd + Au

Dave King, SVP Technical Services stated, "Recent drilling at Crean Hill has focused immediately below the surface exposure of the 109 FW Zone and is providing the definition required to advance our surface bulk sample design. Now that all the required permits are in place, Magna can finalize the bulk sample design and initiate the surface bulk sample in the next couple of months, subject to finalizing a 3rd party ore processing agreement for the 109 FW ore. Today's results continue to demonstrate the grade and continuity of mineralization not only at surface but also within the upper levels of the planned underground project, where diamond drilling continues to expand on results released in Q1."

技術服務高級副總裁戴夫·金表示:“最近在Crean Hill的鑽探集中在109 FW區域的表面暴露度正下方,爲推進我們的表面散裝樣品設計提供了所需的定義。現在,所有必需的許可證都已到位,麥格納可以完成散裝樣品的設計,並在未來幾個月內啓動表面散裝樣品,但前提是最終確定了 3第三方 109 FW 礦石的當事方礦石加工協議。今天的結果繼續證明了地表礦化的等級和連續性,而且在計劃的地下項目的上層也如此,金剛石鑽探在第一季度公佈的結果基礎上繼續擴大。”

The Company currently has two diamond drills operating at Crean Hill. One drill is focused on deep exploration targets in the footwall, while the second rig is drilling short holes to better define the near surface mineralization in the 109 FW close to the historically mined Main Zone (Figure 1). To date, there have been 18 short holes completed in this campaign, with 8 holes reported today. This short hole drill program is utilizing a small underground drill rig, capable of completing shallow dip drillholes immediately beneath the mineralization exposed at surface. Additionally, some of these holes are targeting up dip of deeper economic intersections which have not been defined to surface or at shallow depths. Drilling to date has already demonstrated continuity of mineralization on surface in the 109 FW Zone, and Magna is aiming to define additional mineralization which could be included in the surface bulk sample program. Results from the short hole drill program will inform the final design shape for the surface bulk sample that is planned to commence in June or July.

該公司目前在克雷恩希爾有兩臺金剛石鑽機在運營。其中一臺鑽機側重於底部的深層勘探目標,而第二臺鑽機則在靠近歷史開採的主區的 109 FW 鑽探中鑽出短孔,以更好地確定近地表礦化(圖 1)。迄今爲止,本次比賽已經完成了18個短洞,今天報告了8個洞。該短孔鑽探計劃使用的是小型地下鑽機,該鑽機能夠在地表暴露的礦化區正下方完成淺浸鑽孔。此外,其中一些鑽孔的目標是向上傾斜的更深經濟交叉點,這些交叉點尚未定義爲地表或淺水深度。迄今爲止,鑽探已經證明了109 FW區域地表礦化的連續性,麥格納的目標是確定其他礦化區域,這些礦化可能包含在地表批量樣品計劃中。短孔鑽探計劃的結果將爲計劃於6月或7月開始的地表塊樣品的最終設計形狀提供信息。

In addition to the surface bulk sample support drilling, Magna has continued to better define the 109 FW Zone to the 150m level (See Figure 2 and news release dated April 3, 2024). This drilling was designed to intersect the 109 FW Zone as perpendicular to the dip of the zone as possible, to better define the thickness of the overall mineralized package and the higher-grade veins within. Historical drilling often intersected at poor angles and inconsistent drill spacing. The upper levels of the 109 FW Zone could form a significant portion of the underground advanced exploration and bulk sample/test mining program anticipated to commence in 2024. Holes MCR-24-073 - MCR-24-075 targeted the southern strike extent of the 109FW Zone.

除了地表散裝樣品支撐鑽探外,麥格納還繼續將109 FW區域更好地定義爲150米高度(參見圖2和2024年4月3日的新聞稿)。該鑽探旨在儘可能垂直於該區域的傾角與 109 FW 區域相交,以更好地確定整個礦化包的厚度以及內部更高等級的礦脈。歷史鑽探的交叉角度往往不佳,鑽孔間距不一致。109 FW 區域的上層可能構成預計於 2024 年開始的地下高級勘探和批量採樣/測試採礦計劃的重要部分。MCR-24-073-MCR-24-075 洞瞄準了 109FW 區域的南部打擊範圍。

The high grade, massive sulphide core of the 109 FW Zone has not been well defined below the 150 m level, however historical drilling by Lonmin Canada has intersected massive sulphide veins such as 1.4% Ni, 12.3 % Cu, 24.8 g/t Pt + Pd + Au over 3.4 metres in drillhole LM03920 and 1.0% Ni, 20.1 % Cu, 22.1 g/t Pt + Pd + Au over 2.0 metres in drillhole LM03420 (See Figure 2). Magna plans on completing additional drilling in this area, between 150m-250m from surface, to better define the 109 FW Zone mineralization with the goal of extending the high grade massive sulphide core through these elevations (see Figure 2). This drilling is ongoing, and assays will be released as they are received. Magna has made the decision to include the results from this drilling in the next update to the Mineral Resource Estimate which will be completed in Q3 2024.

109 FW Zone 的高品位塊狀硫化物岩心在 150 米以下的界定尚不明確,但是 Lonmin Canada 的歷史鑽探曾與塊狀硫化物礦脈相交,例如 1.4% 鎳,12.3% 銅,24.8 g/t Pd + Au 超過 3.4 米 在鑽孔中 LM03920 和 1.0% 鎳,20.1% 銅,22.1 g/t Pd + Au 超過 2.0 米 在 LM03420 鑽孔中(參見圖 2)。麥格納計劃在該距離地表150米至250米的區域完成額外的鑽探,以更好地界定109 FW Zone的礦化區域,目標是將高品位塊狀硫化物岩心延伸到這些海拔區域(見圖2)。鑽探仍在進行中,化驗結果將在收到後公佈。麥格納已決定將這次鑽探的結果納入下一次更新的《礦產資源估算》中,該估算將於2024年第三季度完成。

Table 1: Summary of Crean Hill Assay Results

表 1:Crean Hill 化驗結果摘要

Drillhole
Zone From (m) To (m) Length
(m)
Ni % Cu % Co % Pt g/t Pd g/t Au g/t TPM g/t NiEq
MCR-24-073 109 FW 87.00 88.00 1.00 0.05 0.13 0.00 4.67 1.53 1.03 7.23 1.23
and 105.00 106.00 1.00 0.06 0.17 0.01 4.23 2.47 1.12 7.82 1.45
MCR-24-074 109 FW No Significant Values
MCR-24-075 109 FW 98.64 99.00 0.36 0.20 0.37 0.02 24.18 11.24 3.59 39.01 6.61
and 114.00 127.00 13.00 0.15 0.18 0.00 9.28 4.87 2.84 16.99 3.05
and 135.00 138.00 3.00 0.35 0.21 0.01 18.15 9.32 5.47 32.94 5.89
and 141.00 144.00 3.00 0.05 0.05 0.01 1.56 1.92 0.60 4.08 0.83
MCB-24-029 109 FW 0.00 6.33 6.33 0.93 2.89 0.02 3.88 4.16 1.43 9.47 3.90
MCB-24-030 109 FW 0.00 5.35 5.35 0.41 0.40 0.01 2.93 2.50 0.65 6.08 1.65
Including 4.44 5.35 0.91 1.95 0.71 0.03 9.15 9.49 1.02 19.66 5.80
MCB-24-031 109 FW 0.08 7.12 7.04 0.68 0.84 0.01 2.45 3.58 0.77 6.80 2.33
Including 5.00 7.12 2.12 1.91 2.34 0.04 1.65 8.46 0.83 10.93 5.30
MCB-24-032 109 FW 1.00 10.95 9.95 0.13 0.16 0.00 3.34 1.59 0.94 5.87 1.16
MCB-24-033 109 FW 1.25 5.77 4.52 0.17 2.01 0.01 5.30 4.29 1.69 11.28 3.00
MCB-24-034 109 FW 0.00 4.00 4.00 0.04 0.07 0.00 1.90 0.62 0.33 2.84 0.51
MCB-24-035 109 FW 0.00 6.86 6.86 0.42 1.58 0.01 0.47 1.82 1.16 3.45 1.82
MCB-24-036 109 FW 1.00 4.63 3.63 0.12 0.66 0.00 0.81 1.05 0.56 2.43 0.87
and 7.47 8.73 1.26 0.23 1.94 0.01 0.57 1.56 0.85 2.97 1.66
Drillhole
區域 從 (m) 到 (m) 長度
(m)
鎳% 銅% Co% Pt g/t Pd g/t Au g/t TPM g/t NieQ
MCR-24-073 109 個字節 87.00 88.00 1.00 0.05 0.13 0.00 4.67 1.53 1.03 7.23 1.23
105.00 106.00 1.00 0.06 0.17 0.01 4.23 2.47 1.12 7.82 1.45
MCR-24-074 109 個字節 沒有重要值
MCR-24-075 109 個字節 98.64 99.00 0.36 0.20 0.37 0.02 24.18 11.24 3.59 39.01 6.61
114.00 127.00 13.00 0.15 0.18 0.00 9.28 4.87 2.84 16.99 3.05
135.00 138.00 3.00 0.35 0.21 0.01 18.15 9.32 5.47 32.94 5.89
141.00 144.00 3.00 0.05 0.05 0.01 1.56 1.92 0.60 4.08 0.83
MCB-24-029 109 個字節 0.00 6.33 6.33 0.93 2.89 0.02 3.88 4.16 1.43 9.47 3.90
MCB-24-030 109 個字節 0.00 5.35 5.35 0.41 0.40 0.01 2.93 2.50 0.65 6.08 1.65
包括 4.44 5.35 0.91 1.95 0.71 0.03 9.15 9.49 1.02 19.66 5.80
MCB-24-031 109 個字節 0.08 7.12 7.04 0.68 0.84 0.01 2.45 3.58 0.77 6.80 2.33
包括 5.00 7.12 2.12 1.91 2.34 0.04 1.65 8.46 0.83 10.93 5.30
MCB-24-032 109 個字節 1.00 10.95 9.95 0.13 0.16 0.00 3.34 1.59 0.94 5.87 1.16
MCB-24-033 109 個字節 1.25 5.77 4.52 0.17 2.01 0.01 5.30 4.29 1.69 11.28 3.00
MCB-24-034 109 個字節 0.00 4.00 4.00 0.04 0.07 0.00 1.90 0.62 0.33 2.84 0.51
MCB-24-035 109 個字節 0.00 6.86 6.86 0.42 1.58 0.01 0.47 1.82 1.16 3.45 1.82
MCB-24-036 109 個字節 1.00 4.63 3.63 0.12 0.66 0.00 0.81 1.05 0.56 2.43 0.87
7.47 8.73 1.26 0.23 1.94 0.01 0.57 1.56 0.85 2.97 1.66

All lengths are downhole length. True widths are estimated at 85-95% of downhole length.

所有長度均爲井下長度。實際寬度估計爲井下長度的85-95%

NiEq % = ( (Ni% x 2204 x Ni Price $/lb) + (Cu% x 96% Recovery x 2204 x Cu Price $/lb) + (Co% x 56% Recovery x 2204 x Co Price $/lb) + (Pt gpt x 69% Recovery / 31.1035 x Pt $/oz) +(Pd gpt x 68% Recovery / 31.1035 x Pd $/oz) + (Au gpt x 68% Recovery / 31.1035 x Au $/oz))/2204 x Ni $/lb.

NieQ% = ((Ni% x 2204 x 鎳價格 $/磅) + (銅% x 96% 回收率 x 2204 x 銅價 $/磅) + (Co% x 56% 回收率 x 2204 x Co 價格 $/磅) + (Pt gpt x 69% 回收率 /31.1035 x Pd $/oz) + (Pd gpt x 68% 回收率 /31.1035 x Pd $/oz) + (Pd gpt x 68% 回收率 /31.1035 x Pd $/oz) +(Au gpt x 68% 回收率/31.1035 x Au $/oz))/2204 x 鎳 $/lb

Metal prices in US$: $8.50/lb Ni, $3.75/lb Cu, $22.00/lb Co, $1000/oz Pt, $2000/oz Pd and $1,750/oz Au.

以美元計算的金屬價格:每磅鎳8.50美元、每磅銅3.75美元、每磅鈷22.00美元、鉑金每盎司1000美元、鈀2000美元和每盎司金1,750美元

Table 2: Drillhole Collar Coordinates

表 2:鑽孔環座標

BHID Easting Northing Elevation Azimuth Dip Depth
MCB-24-029 473040 5141808 289 100 6 7
MCB-24-030 473046 5141797 292 55 3 6
MCB-24-031 473046 5141796 292 55 -22 8
MCB-24-032 473046 5141796 292 55 -41 11
MCB-24-033 473047 5141796 293 30 -4 6
MCB-24-034 473046 5141797 293 30 -33 7
MCB-24-035 473041 5141808 289 77 9 7
MCB-24-036 473040 5141808 288 77 -24 12
MCR-24-073 473125 5141757 304 284 -50 122
MCR-24-074 473125 5141757 304 267 -71 107
MCR-24-075 473148 5141762 309 284 -69 176
躲起來 向東 北方 海拔 方位角 深度
MCB-24-029 473040 5141808 289 100 6 7
MCB-24-030 473046 5141797 292 55 3 6
MCB-24-031 473046 5141796 292 55 -22 8
MCB-24-032 473046 5141796 292 55 -41 11
MCB-24-033 473047 5141796 293 30 -4 6
MCB-24-034 473046 5141797 293 30 -33 7
MCB-24-035 473041 5141808 289 77 9 7
MCB-24-036 473040 5141808 288 77 -24 12
MCR-24-073 473125 5141757 304 284 -50 122
MCR-24-074 473125 5141757 304 267 -71 107
MCR-24-075 473148 5141762 309 284 -69 176

*Drillhole Coordinates are in coordinate system NAD 83 Zone 17

*鑽孔座標採用座標系 NAD 83 Zone 17

Qualified Person

合格人員

The technical information in this press release has been reviewed and approved by David King, M.Sc., P.Geo. Mr. King is the Senior Vice President, Technical Services for Magna Mining Inc. and is a qualified person under Canadian National Instrument 43-101.

本新聞稿中的技術信息已經過P.Geo理學碩士大衛·金的審查和批准。金先生是麥格納礦業公司技術服務高級副總裁,也是加拿大國家儀器43-101的合格人員。

QA/QC

QA/QC

Sample QA/QC procedures for Magna have been designed to meet or exceed industry standards. Drill core is collected from the diamond drill and placed in sealed core trays for transport to Magna's core facilities. The core is then logged, and samples marked in intervals of up to 1.5m. Samples are then put into plastic bags with 10 bagged samples being placed into rice bags for transport to Swastika Laboratories in Kirkland Lake Ontario via Gardewine Transport for preparation and analysis. Samples are submitted in batches of 50 with 5 QA/QC samples including, 2 certified reference material standards, 2 samples of blank material and 1 lab duplicate.

麥格納的質量保證/質量控制程序樣本旨在達到或超過行業標準。鑽芯是從金剛石鑽頭中收集的,放在密封的岩心托盤中,然後運送到麥格納的核心設施。然後記錄岩心,並以最長 1.5 米的間隔標記樣品。然後將樣本放入塑料袋中,將10個袋裝樣本放入大米袋中,通過Gardewine Transport運送到安大略省柯克蘭湖的Swastika實驗室進行製備和分析。樣品分批提交 50 個,包括 5 個 QA/QC 樣本,包括 2 個經認證的參考材料標準、2 個空白材料樣本和 1 個實驗室副本。

About Magna Mining Inc.

關於麥格納礦業公司

Magna Mining is an exploration and development company focused on nickel, copper and PGM projects in the Sudbury Region of Ontario, Canada. The Company's flagship assets are the past producing Shakespeare and Crean Hill Mines. The Shakespeare Mine is a feasibility stage project which has major permits for the construction of a 4,500 tonne per day open pit mine, processing plant and tailings storage facility and is surrounded by a contiguous 180km2 prospective land package. Crean Hill is a past producing nickel, copper and PGM mine with a technical report dated July 2023. Additional information about the Company is available on SEDAR () and on the Company's website ().

麥格納礦業是一家勘探和開發公司,專注於加拿大安大略省薩德伯裏地區的鎳、銅和石油氣項目。該公司的旗艦資產是過去生產莎士比亞和克雷恩·希爾礦山的資產。莎士比亞礦是一個可行性階段的項目,擁有建造日產4500噸露天礦山、加工廠和尾礦儲存設施的重大許可,周圍環繞着一條長達180公里的連續礦山2 潛在的土地一攬子計劃。Crean Hill過去曾是生產鎳、銅和PGM礦的公司,其技術報告日期爲2023年7月。有關該公司的其他信息可在SEDAR()和公司的網站()上找到。

For further information, please contact:
Jason Jessup
Chief Executive Officer
or
Paul Fowler, CFA
Senior Vice President
Email: info@magnamining.com

欲了解更多信息,請聯繫:
傑森傑瑟普
首席執行官
要麼
保羅·福勒,CFA
高級副總裁
電子郵件:info@magnamining.com

Cautionary Statement

警示聲明

This press release contains certain forward-looking information or forward-looking statements as defined in applicable securities laws. Forward-looking statements are not historical facts and are subject to several risks and uncertainties beyond the Company's control, including statements regarding the production at the Shakespeare and Crean Hill Mines, the economic and operational potential of the Shakespeare and Crean Hill Mines, potential acquisitions, plans to complete exploration programs, potential mineralization, exploration results and statements regarding beliefs, plans, expectations, or intentions of the Company. Resource exploration and development is highly speculative, characterized by several significant risks, which even a combination of careful evaluation, experience and knowledge may not eliminate. All forward-looking statements herein are qualified by this cautionary statement. Accordingly, readers should not place undue reliance on forward-looking statements. The Company undertakes no obligation to update publicly or otherwise revise any forward-looking statements whether as a result of new information or future events or otherwise, except as may be required by law.

本新聞稿包含適用證券法中定義的某些前瞻性信息或前瞻性陳述。前瞻性陳述不是歷史事實,存在一些公司無法控制的風險和不確定性,包括有關莎士比亞和克雷恩希爾礦山產量、莎士比亞和克雷恩希爾礦山的經濟和運營潛力、潛在收購、完成勘探計劃的計劃、潛在礦化、勘探結果以及有關公司信念、計劃、預期或意圖的陳述。資源勘探和開發具有高度投機性,其特點是存在若干重大風險,即使仔細評估、經驗和知識相結合,也可能無法消除這些風險。此處的所有前瞻性陳述均受本警示聲明的限制。因此,讀者不應過分依賴前瞻性陳述。除非法律要求,否則公司沒有義務公開更新或以其他方式修改任何前瞻性陳述,無論是由於新信息、未來事件還是其他原因。

Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accept responsibility for the adequacy or accuracy of this press release.

多倫多證券交易所風險投資交易所及其監管服務提供商(該術語在多倫多證券交易所風險交易所的政策中定義)均不對本新聞稿的充分性或準確性承擔責任。

譯文內容由第三人軟體翻譯。


以上內容僅用作資訊或教育之目的,不構成與富途相關的任何投資建議。富途竭力但無法保證上述全部內容的真實性、準確性和原創性。
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