Magna Mining reports on 2023 drilling programme at Crean Hill

Drilling continues to intersect high grade nickel mineralisation in the 105 footwall (FW) zone, including drillhole MCR-23-040 which intersected 4.2% Ni, 0.9 % Cu, 1.4 g/t Pt + Pd + Au over 7.0 m.

Highlights from the new assay results include:

• 105 FW zone
• MCR-23-040: 4.2% Ni, 0.9 % Cu, 1.4 g/t Pt + Pd + Au over 7.0 m
• MCR-23-046: 0.2% Ni, 1.2 % Cu, 6.3 g/t Pt + Pd + Au over 5.2 m
  • And 2.7% Ni, 1.5 % Cu, 18.1 g/t Pt + Pd + Au over 0.9 m
• MCR-23-050: 1.1% Ni, 0.6 % Cu, 4.3 g/t Pt + Pd + Au over 8.8 m
  • And 0.6% Ni, 3.5 % Cu, 10.1 g/t Pt + Pd + Au over 1.1 m

Dave King, SVP Technical Services stated:

“The 105 FW zone is similar to the 101 FW zone, and consists of high nickel tenor, semi massive to massive sulfide veins hosted within a breccia structure extending into the footwall from the Sudbury Igneous Complex (SIC). Additional diamond drilling within the 105 FW zone continues to intersect high grade mineralisation with increasing precious metals (Pt, Pd, Au) as this structure approaches the main zone. We are encouraged to see high grade PGE mineralisation at the 1500 ft level, down-plunge of the defined 109 FW zone, where these two structures are interpreted to intersect, indicating this style of mineralisation may continue to depth.”

The 105 FW diamond drilling to date has been focused on expanding the current indicated mineral resource, with the objective of better understanding the geologic controls on mineralisation and grade continuity. Two high grade, precious metal rich, intersections in drillhole MCR-23-040, grading 0.3% Ni, 0.8 % Cu, 38.6 g/t Pt + Pd + Au over 0.3 m and 0.2% Ni, 0.5 % Cu, 35.2 g/t Pt + Pd + Au over 0.5 m are related to the 109 FW zone. These two intersections are outside of the current 109 FW mineral resource and have potential to add near surface resource, which could be amenable to more selective mining methods.

Read the article online at: https://www.globalminingreview.com/mining/25092023/magna-mining-reports-on-2023-drilling-programme-at-crean-hill/