Lincoln-Sudbury Regional High School

Magna Mining Inc's Shakespeare Nickel Project Feasibility Study Demonstrates Positive Economics and Carbon Neutral Nickel Mining Operation

Retrieved on: 
Monday, January 31, 2022
Growth, Mining feasibility study, PGM, SEDAR, Gold, Feasibility, CU, Copper, Nickel, Palladium, NI, PD, Cobalt, Calendar, CDN, Metal, Mineral, Mining, Program, Gap, Lincoln-Sudbury Regional High School, PT, Company, Life, Feasibility study, Technical report, Platinum, AGP, G&A, National instrument, Exploration, Ministry of Oil and Mineral Reserves (Syria)

Mineral reserves are stated within the final pit design based on metal prices of US$ 6.50/lb.

Key Points: 
  • Mineral reserves are stated within the final pit design based on metal prices of US$ 6.50/lb.
  • Underground resources have been outlined beneath the Feasibility open pit which may represent an opportunity for low-cost, bulk underground mining.
  • Reserves for the Study were calculated using US$6.50/lb nickel, US$3.00/lb copper, US$17/lb cobalt, US$900/oz platinum, US$1700/oz palladium and US$1500/oz gold.
  • Magna Mining is an exploration and development company focused on nickel, copper and PGM projects in the Sudbury Region of Ontario, Canada.

Magna Mining Reports High Grade Surface Samples on the Baldwin Patents Portion of the Shakespeare Ni-Cu-PGM Project, Ontario, Canada

Retrieved on: 
Tuesday, September 14, 2021
Program, Geology, Bane, SEDAR, National instrument, Magna, Company, Bird, P-4, Springer, Sudbury Basin, The Shakespeare Project, William Shakespeare, Mining, Record, Copper, Lincoln-Sudbury Regional High School, QAQC, EM, Anomaly, Marshall Hall, Birds, PGM, Gold, Uranium

Highlights Include 13.19% Cu, 0.07% Co, 16.20 g/t Ag and 1.81 g/t Au

Key Points: 
  • Mynyr Hoxha, Vice President of Exploration, states, "The results of our initial field work on the Baldwin Patents have exceeded our expectations.
  • The Baldwin Patents, along with the P-4, Springer and Spanish River regional targets, are all part of our regional exploration program that we are conducting this year.
  • Samples are collected from outcrop, placed into plastic bags, and then transported to the Magna Mining core facility.
  • Magna Mining is an exploration and development company focused on sulphide nickel, copper and PGM projects in the Sudbury Region of Ontario, Canada.