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Magna Mining Inc. Announces Conditional Approval of Application for Funding From the Federal Critical Mineral Infrastructure Fund (CMIF)

Magna Mining Inc. Announces Conditional Approval of Application for Funding From the Federal Critical Mineral Infrastructure Fund (CMIF)

Magna Mining公司宣佈獲得聯邦重要礦產基金(CMIF)基金申請的有條件批准。
newsfile ·  10/10 01:00

Sudbury, Ontario--(Newsfile Corp. - October 9, 2024) - Magna Mining Inc. (TSXV: NICU) (OTCQB: MGMNF) (FSE: 8YD) ("Magna" or the "Company") is pleased to announce that notification has been received from Natural Resources Canada (NRCAN) that pending final due diligence, certain initiatives at both the Crean Hill and Shakespeare Mines have been conditionally approved for funding from the Critical Minerals Infrastructure Fund (CMIF). The funding will support pre-construction activities to help advance clean energy and transportation infrastructure at both projects.

安大略省薩德伯裏新聞報道(Newsfile corp. - 2024年10月9日) - 磁礦採礦公司(tsxv: NICU)(otcqb:mgmnf)(fse:8yd)("磁礦" or the "公司")很高興宣佈,加拿大自然資源部(nrcan)已收到通知,待最終盡職調查,克里恩山和莎士比亞礦山的某些計劃已獲得由重要礦產基礎設施基金(CMIF)有條件批准的資金支持。這項資金將用於支持預施工活動,以幫助推動這兩個項目的清潔能源和運輸基礎設施。

Specifically, funding from the CMIF will contribute towards three initiatives:

具體而言,來自CMIF的資金將有助於三個計劃:

  1. Pre-construction milestones to advance a 6km transmission line to connect the Shakespeare Mine to the Ontario grid.
  2. Pre-construction milestones to advance the upgrade of an existing 30km forest access road to the Shakespeare Mine.
  3. Studies, engagement activities, regulatory approvals and permit applications for the connection of the Crean Hill project to the Ontario power grid.
  1. 推進6公里輸電線路的預施工里程碑,以連接莎士比亞礦山至安大略電網。
  2. 推進現有30公里森林通道升級至莎士比亞礦山的預施工里程碑。
  3. 研究、參與活動、監管批准和克里恩山項目連接至安大略電網的許可申請。

Pending final due diligence, NRCAN has conditionally approved these investments to Magna Mining Inc. for a cumulative total of up to $1.6 million under the CMIF.

在最終盡職調查後,nrcan已有條件地批准向磁礦採礦公司投資,總額最高可達160萬美元,屬於CMIF。

The Honourable Jonathan Wilkinson, Canada's Minister of Energy and Natural Resources, made the announcement while visiting Sudbury.

加拿大能源和自然資源部長喬納森·威爾金森(Jonathan Wilkinson)在訪問薩德伯裏時宣佈了這一消息。

"Magna Mining's projects, with funding from the Government of Canada's Critical Minerals Infrastructure Fund, will develop the necessary infrastructure to access and transport our rich critical mineral resources in northern Ontario. Developments like these help mines get built faster, and they are a key element in seizing the generational opportunity before us. These investments are needed to support critical minerals development in the region, improve community access and safety, and create good mining jobs in Ontario," said Minister Wilkinson.

"磁礦採礦公司的項目獲得了加拿大重要礦物基礎設施基金的政府資助,將發展必要的基礎設施,以便開採和運輸我們在安大略北部豐富的重要礦產資源。這些發展有助於加速礦山的建設,並且是抓住眼前機遇的關鍵因素。這些投資是爲了支持該地區的重要礦物開發,提高社區可及性和安全性,並在安大略省創造良好的礦業就業機會," 威爾金森部長說。

Paul Fowler, Magna Mining's Senior Vice President, added "These proposed investments from the Critical Minerals Infrastructure Fund will make a significant contribution towards the development, and ultimately the success, of Magna Mining's Crean Hill and Shakespeare Projects in Sudbury. The funding contributions will play an important role in upgrading access roads and facilitating the supply of renewable grid power to the mine sites, and we will now be making further applications to the CMIF to invest in the construction of the road and power infrastructure at the two project sites. Simultaneously, these awards will help to accelerate the development of these projects, which will shorten the time taken to create new jobs and reach commercial production. We expect that the development of the Crean Hill and Shakespeare projects will benefit many stakeholders in the Sudbury region over the coming years, including the Indigenous communities and Indigenous owned businesses who will play key roles in the development of these mines. We look forward to continued collaboration with the Federal Government as we bring multiple new critical mineral mines into production in Sudbury".

馬格納礦業的高級副總裁保羅·福勒表示:“關鍵礦物基建基金提議的投資將爲馬格納礦業蘇德伯裏克里恩山和莎士比亞項目的發展,最終成功作出重要貢獻。資金的投入將在升級通往礦區的道路和促進可再生電網供電方面發揮重要作用,我們將向關鍵礦物基建基金提交進一步的申請,以投資這兩個項目地點的道路和電力基建。同時,這些資助將有助於加快這些項目的發展,縮短創造新工作崗位和實現商業生產所需的時間。我們期待,克里恩山和莎士比亞項目的發展將在未來幾年內惠及蘇德伯裏地區的許多利益相關者,包括原住民社區和原住民所有企業,在這兩處礦山的開發中發揮關鍵作用。我們期待繼續與聯邦政府合作,將蘇德伯裏多個新的關鍵礦產礦山投入生產。

About Magna Mining Inc.

關於Magna Mining Inc.

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 (). For more information, please contact:

馬格納礦業是一家專注於加拿大安大略省蘇德伯裏地域的鎳、銅和鉑族金屬項目的勘探開發公司。公司的旗艦資產是過去生產的莎士比亞和克里恩山礦山。莎士比亞礦山是一個可行性階段項目,已獲得建設每天4,500噸露天礦、處理廠和尾礦庫的主要許可證,周圍環繞着一個連續180km²的潛在土地包。克里恩山是一個過去生產鎳、銅和鉑族金屬的礦山,技術報告爲2023年7月。有關公司的更多信息可在SEDAR ()和公司網站 ()上獲取。欲了解更多信息,請聯繫:

Jason Jessup
Chief Executive Officer

Jason Jessup
首席執行官

or

或者

Paul Fowler, CFA
Senior Vice President
705-482-9667
Email: info@magnamining.com

保羅·福勒,特許金融分析師 (CFA)
高級副總裁
705-482-9667
電子郵箱: info@magnamining.com

Cautionary Statement

警告聲明

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.

本新聞發佈包含某些前瞻性信息或前瞻性聲明,其定義見適用證券法。前瞻性聲明不是歷史事實,受到公司無法控制的多種風險和不確定性的影響,包括莎士比亞和克里恩希爾礦山的生產、莎士比亞和克里恩希爾礦山的經濟效益和運營潛力、潛在收購、計劃完成勘探計劃、潛在礦化、勘探結果以及關於公司信念、計劃、期望或意圖的聲明。資源勘探和開發極具投機性,存在若干重要風險,即使是仔細評估、經驗和知識的組合也無法排除。此處所有前瞻性聲明均受到此警示聲明的限制。因此,讀者不應對前瞻性聲明寄予過高的期望。除法律另有規定外,公司不承擔更新或修訂任何前瞻性聲明的義務。

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.

非TSX Venture Exchange及其監管服務提供者(如TSX Venture Exchange規定的那樣)對本新聞稿的充分性和準確性不承擔任何責任。

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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