Magna Mining Reports Third Quarter 2025 Financial Results
Sudbury, Ontario--(Newsfile Corp. - November 25, 2025) - Magna Mining Inc. (TSXV: NICU) (OTCQX: MGMNF) (FSE: 8YD) (the "Company" or "Magna") is pleased to report third quarter 2025 financial results. Management will host a conference call tomorrow, November 26, 2025, at 8:00am EST to discuss the results. All amounts are expressed in Canadian dollars unless otherwise indicated. Highlights The three months ended September 30, 2025 ("Q3 2025") was Magna's second full quarter of production at the...
2025-11-25 5:20 PM EST
Magna Mining Reports Mineral Resource Estimate for the Levack Mine in Sudbury, Ontario
Sudbury, Ontario--(Newsfile Corp. - November 18, 2025) - Magna Mining Inc. (TSXV: NICU) (OTCQX: MGMNF) (FSE: 8YD) ("Magna" or the "Company") is pleased to announce the results of a Mineral Resource Estimate ("MRE") prepared in accordance with National Instrument 43-101 - Standards of Disclosure for Mineral Projects for the past-producing Levack Mine, located in the North Range of the Sudbury Basin, Ontario, Canada (Figure 1). The Levack Mine MRE is comprised of both footwall-type deposits,...
2025-11-18 6:45 AM EST
Magna Mining Reports Multiple Copper, Nickel and Precious Metal Rich Intersections from the R2 Target at the Levack Mine in Sudbury, Ontario
Sudbury, Ontario--(Newsfile Corp. - October 23, 2025) - Magna Mining Inc. (TSXV: NICU) (OTCQX: MGMNF) (FSE: 8YD) ("Magna" or the "Company") is pleased to provide an update on exploration activities and assay results from ongoing exploration at the past-producing Levack Mine, located in the North Range of the Sudbury Basin, northeastern Ontario, Canada (Figure 1). Drillhole FNX6083-W2 was targeted approximately 40 metres to the north of drill hole FNX6083-W1 (see News Release dated August 28,...
2025-10-23 6:45 AM EDT
Magna Mining Announces Q3 Production Results
Sudbury, Ontario--(Newsfile Corp. - October 22, 2025) - Magna Mining Inc. (TSXV: NICU) (OTCQX: MGMNF) (FSE: 8YD) ("Magna" or the "Company") is pleased to announce Q3 2025 production results from the McCreedy West Mine, located in the North Range of the Sudbury Basin, northeastern Ontario, Canada. Highlights During the quarter, McCreedy West produced 75,173 tons of ore at an average grade of 1.52% copper, 0.21% nickel, 0.42 g/t platinum, 0.53 g/t palladium, 0.22 g/t gold and 10.78 g/t silver....
2025-10-22 5:01 PM EDT
Magna Mining Announces Closing of Brokered Offering of Common Shares for Gross Proceeds of Approximately $50 Million
Sudbury, Ontario--(Newsfile Corp. - September 19, 2025) - Magna Mining Inc. (TSXV: NICU) (OTCQX: MGMNF) (FSE: 8YD) ("Magna" or the "Company") is pleased to announce the closing of its previously announced "best efforts" private placement (the "Offering") for aggregate gross proceeds of approximately $50 million, which includes the full exercise of the agents' option. Under the Offering, the Company sold an aggregate 20,833,300 common shares of the Company (the "Offered Shares") at a price of...
2025-09-19 10:20 AM EDT
Magna Mining Announces Appointment of Greg Huffman to Senior Vice President, Capital Markets
Sudbury, Ontario--(Newsfile Corp. - September 17, 2025) - Magna Mining Inc. (TSXV: NICU) (OTCQX: MGMNF) (FSE: 8YD) ("Magna" or the "Company") is pleased to announce the appointment of Greg Huffman as Senior Vice President, Capital Markets, effective September 17, 2025. CEO Jason Jessup stated: "We are delighted that Greg has agreed to join Magna. Greg has supported our company since our go-public transaction and helped us not only raise money but increase our visibility to investors globally....
2025-09-17 7:00 AM EDT
Magna Mining Announces Grants of Security-Based Compensation
Sudbury, Ontario--(Newsfile Corp. - September 4, 2025) - Magna Mining Inc. (TSXV: NICU) (OTCQX: MGMNF) (FSE: 8YD) ("Magna" or the "Company") announces the following grants of security-based compensation to non-executive directors of the Company, effective September 4, 2025. 44,073 deferred share units were granted to non-executive directors of the Company. Each deferred share unit will vest upon a director's retirement from the Board of Directors and will entitle the holder to receive one...
2025-09-04 7:00 AM EDT
Magna Mining Intersects 29.2% Cu, 0.9% Ni, 53.0 g/t Pt + Pd + Au Over 1.0 Metre, 140 Metres Downdip of Previous Intersection Below the No. 3 Zone at the Levack Mine in Sudbury, Ontario
Sudbury, Ontario--(Newsfile Corp. - August 28, 2025) - Magna Mining Inc. (TSXV: NICU) (OTCQX: MGMNF) (FSE: 8YD) ("Magna" or the "Company") is pleased to provide an update on exploration activities and assay results from ongoing exploration at the past-producing Levack Mine, located in the North Range of the Sudbury Basin, northeastern Ontario, Canada (Figure 1). Drillhole FNX6083-W1 was drilled to test an area 140 metres below drill hole MLV-25-14A (see news release dated July 9, 2025) which...
2025-08-28 7:00 AM EDT
Magna Mining Reports Second Quarter 2025 Operating and Financial Results
Sudbury, Ontario--(Newsfile Corp. - August 27, 2025) - Magna Mining Inc. (TSXV: NICU) (OTCQX: MGMNF) (FSE: 8YD) (the "Company" or "Magna") is pleased to report second quarter 2025 operating and financial results. Management will host a conference call tomorrow, August 28, 2025, at 08:00 a.m. EDT to discuss the results. All amounts are expressed in Canadian dollars unless otherwise indicated. Highlights April-June 2025 ("Q2") was the first full quarter of production from the McCreedy West...
2025-08-27 5:05 PM EDT
CORRECTION: Magna Mining Inc. Second Quarter Financial Results - Conference Call & Webcast
Sudbury, Ontario--(Newsfile Corp. - August 25, 2025) - Magna Mining Inc. (TSXV: NICU) (OTCQX: MGMNF) (FSE: 8YD) (the "Company" or "Magna") is scheduled to release its Q2 2025 financial results and MD&A after the market close on Wednesday August 27, 2025. The company will be holding a conference call and webcast on Thursday August 28, 2025 at 8:00 am EDT. The conference call details are as follows: Webcast Link:
2025-08-25 1:40 PM EDT
Magna Mining Inc. Second Quarter Financial Results - Conference Call & Webcast
Sudbury, Ontario--(Newsfile Corp. - August 25, 2025) - Magna Mining Inc. (TSXV: NICU) (OTCQX: MGMNF) (FSE: 8YD) (the "Company" or "Magna") is scheduled to release its Q2 2025 financial results and MD&A after the market close on Wednesday August 27, 2025. The company will be holding a conference call and webcast on Thursday August 28, 2025 at 8:00 am EDT. The conference call details are as follows: Webcast Link: https://www.gowebcasting.com/14155 Participant Dial In: (N. America Toll Free):...
2025-08-25 7:00 AM EDT
Magna Mining Intersects Near Surface Contact Nickel Mineralization Grading 2.3% Ni, 0.7% Cu Over 28.0 metres at the Levack Mine
Sudbury, Ontario--(Newsfile Corp. - August 19, 2025) - Magna Mining Inc. (TSXV: NICU) (OTCQX: MGMNF) (FSE: 8YD) ("Magna" or the "Company") is pleased to provide an update on exploration activities and assay results from the ongoing exploration at the Levack Mine (Figure 1). Results include the initial assays from the near surface portion of the No.1 nickel-copper ("Ni-Cu") zone, supporting the Levack Mine restart study. Highlights from the new assay results include: MLV-25-21 2.3% Ni, 0.7%...
2025-08-19 7:00 AM EDT
Magna Mining Reports 17.9% Cu, 0.6% Ni and 28.1 g/t Pt + Pd + Au over 1.8 Metres in the 700 Footwall Copper Zone at McCreedy West Mine
Sudbury, Ontario--(Newsfile Corp. - August 6, 2025) - Magna Mining Inc. (TSXV: NICU) (OTCQX: MGMNF) (FSE: 8YD) ("Magna" or the "Company") is pleased to announce additional drill results from the McCreedy West mine. The results include high grade copper, nickel and precious metal intersections from an area located in the footwall, up-dip within the main 700 Cu-PGE Footwall Zone ("700 Zone") and within 150 metres of surface. The reported holes (Table 1) were drilled in support of production...
2025-08-06 7:00 AM EDT
Magna Mining Announces Closing of Property Acquisition from NorthX Nickel Corp.
Sudbury, Ontario--(Newsfile Corp. - July 21, 2025) - Magna Mining Inc. (TSXV: NICU) (OTCQX: MGMNF) (FSE: 8YD) ("Magna" or the "Company") is pleased to report that further to its news release dated December 18, 2024, the Company has completed its acquisition of a portfolio of exploration properties located in the Sudbury Basin (the "Transaction") from NorthX Nickel Corp. (CSE: NIX) ("NorthX"). The NorthX properties being acquired represent 304 km2 of mineral claims, leases and patents in the...
2025-07-21 7:00 AM EDT
Magna Mining Announces H2 2025 Guidance
Sudbury, Ontario--(Newsfile Corp. - July 16, 2025) - Magna Mining Inc. (TSXV: NICU) (OTCQX: MGMNF) (FSE: 8YD) ("Magna" or the "Company") is pleased to announce production and cost guidance for the second half of 2025. Jason Jessup, CEO of Magna, stated, "Over the past four months, Magna has been executing a plan to unlock the potential of the McCreedy West Mine. We have invested capital into underground equipment and additional development, hired additional people to support a 24-7 operation...
2025-07-16 7:00 AM EDT
Magna Mining Continues to Intersect High Grade Mineralization, Including 2.6% Cu, 8.1% Ni, 17.8 g/t Pt + Pd + Au over 0.6m in the Footwall Beneath the Levack No. 3 Orebody
Sudbury, Ontario--(Newsfile Corp. - July 9, 2025) - Magna Mining Inc. (TSXV: NICU) (OTCQX: MGMNF) (FSE: 8YD) ("Magna" or the "Company") is pleased to provide an update on exploration activities and assay results from the ongoing exploration at the Levack Mine (Figure 1). Highlights from the new assay results include: MLV-25-14A (Levack No.3 Footwall) 0.9% Cu, 1.6% Ni and 6.1 g/t Pt + Pd + Au over 2.9 metres Including 2.6% Cu, 8.1% Ni, 17.8 g/t Pt + Pd + Au over 0.6 metres MLV-25-10 (Levack...
2025-07-09 7:00 AM EDT
Magna Mining Announces Results of Annual & Special Meeting of Shareholders
Sudbury, Ontario--(Newsfile Corp. - June 27, 2025) - Magna Mining Inc. (TSXV: NICU) (OTCQX: MGMNF) (FSE: 8YD) (the "Company" or "Magna") is pleased to announce the results of its Annual & Special Meeting of Shareholders (the "Meeting") held on June 26. Each of the matters that were tabled at the Meeting for a vote is described in greater detail in the Notice of Annual & Special Meeting of Shareholders and accompanying Management Information Circular dated May 26, 2025 (the "Circular"). At the...
2025-06-27 4:05 PM EDT
Magna Mining Announces Funding Award from the Critical Minerals Innovation Fund (CMIF)
Sudbury, Ontario--(Newsfile Corp. - June 23, 2025) - Magna Mining Inc. (TSXV: NICU) (OTCQX: MGMNF) (FSE: 8YD) (the "Company" or "Magna") is pleased to announce that the Ontario government has awarded funding for up to C$500,000 for work on the Company's Crean Hill project. The award will be applied towards metallurgical work related to enhancing precious metal recoveries from contact and footwall mineralization at Crean Hill, which was carried out as part of the surface bulk sample program in...
2025-06-23 7:00 AM EDT
Magna Mining Announces New Drill Results from McCreedy West and Recognition from the Government of Ontario
Sudbury, Ontario--(Newsfile Corp. - June 10, 2025) - Magna Mining Inc. (TSXV: NICU) (OTCQX: MGMNF) (FSE: 8YD) ("Magna" or the "Company") is pleased to announce additional drill results from the McCreedy West mine, including 3.0% Cu, 0.4% Ni, 9.1 g/t Pt + Pd + Au over 10.8 metres and 3.9% Cu, 0.6% Ni, 6.8 g/t Pt + Pd + Au over 2.1 metres in drillhole FNX33368 (Table 1). Magna is also pleased to announce that the Sudbury based projects owned and operated by the Company have been identified as...
2025-06-10 7:15 AM EDT
Magna Mining Reports First Quarter 2025 Operating and Financial Results
Sudbury, Ontario--(Newsfile Corp. - May 29, 2025) - Magna Mining Inc. (TSXV: NICU) (OTCQX: MGMNF) (FSE: 8YD) (the "Company" or "Magna") is pleased to report first quarter 2025 operating and financial results. Management will host a conference call tomorrow, May 30, 2025, at 08:00 a.m. EDT to discuss the results. All amounts are expressed in Canadian dollars unless otherwise indicated. Highlights The acquisition of a portfolio of base metal assets in the Sudbury basin from KGHM International...
2025-05-29 6:29 PM EDT