Magna Mining(TSXV:nicu)

Magna Mining is a producing mining company with a portfolio of copper, nickel, and PGM projects in the Sudbury Region of Ontario, Canada.

Investor website: https://magnamining.com/

About

Magna Mining is a producing mining company with a portfolio of copper, nickel, and PGM projects in the Sudbury Region of Ontario, Canada. The Company’s primary assets are the producing McCreedy West copper mine and the past producing Levack, Podolsky, Shakespeare, and Crean Hill mines. Additional information about the Company is available on SEDAR and on the Company’s website.

Verified company data

Cash position
$55.9 million
Shares outstanding
249,484,161
Fully diluted shares
263,528,397
Mineral resource
Probable Mineral Reserves of 987,000 tonnes at 1.59% Cu, 0.32% Ni, 0.01% Co, 1.15 g/t Pt, 1.23 g/t Pd, 0.32 g/t Au, 6.65 g/t Ag. Indicated Mineral Resources of 5,632,000 tonnes at 1.10% Cu, 0.98% Ni, 0.03% Co, 0.82 g/t Pt, 0.92 g/t Pd, 0.23 g/t Au, 5.15 g/t Ag. Inferred Mineral Resources of 874,000 tonnes at 1.37% Cu, 1.00% Ni, 0.02% Co, 1.26 g/t Pt, 1.24 g/t Pd, 0.26 g/t Au, 4.12 g/t Ag. The effective date of the McCreedy West Mineral Reserve Estimate is December 31, 2025. Mineral Reserves are in addition to Mineral Resources. The Mineral Reserve estimate was prepared under the supervision of Mr. William van Breugel, P.Eng., B.A.Sc. Geological Engineering, Associate Engineer of SGS Geological Services and Mr. Henri Gouin, P.Eng., of SGS Geological Services, both are considered a “Qualified Person” as defined by NI 43-101.
Projects
["McCreedy West Mine: Probable Mineral Reserves of 987,000 tonnes at 1.59% Cu, 0.32% Ni, 0.01% Co, 1.15 g/t Pt, 1.23 g/t Pd, 0.32 g/t Au, 6.65 g/t Ag. Indicated Mineral Resources of 5,632,000 tonnes at 1.10% Cu, 0.98% Ni, 0.03% Co, 0.82 g/t Pt, 0.92 g/t Pd, 0.23 g/t Au, 5.15 g/t Ag. Inferred Mineral Resources of 874,000 tonnes at 1.37% Cu, 1.00% Ni, 0.02% Co, 1.26 g/t Pt, 1.24 g/t Pd, 0.26 g/t Au, 4.12 g/t Ag. The effective date of the McCreedy West Mineral Reserve Estimate is December 31, 2025. Mineral Reserves are in addition to Mineral Resources. The Mineral Reserve estimate was prepared under the supervision of Mr. William van Breugel, P.Eng., B.A.Sc. Geological Engineering, Associate Engineer of SGS Geological Services and Mr. Henri Gouin, P.Eng., of SGS Geological Services, both are considered a “Qualified Person” as defined by NI 43-101."]
Leadership
Jason Jessup (CEO, MBA with extensive experience in mining and corporate governance.), John Seaman (Director, ICD.D with over 22 years in the mining industry, currently Lead Director of Premier Gold Mines.), Jeff Huffman (COO, with a strong background in mining operations and management, previously President and COO of Dumas Contracting Ltd.), Jonathan Goodman (Non-Executive Director, President and CEO of Dundee Corporation with over 30 years in the resource and investment industry.)

Verified data last updated: 2026-07-03

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