Magna Mining releases first drill results of 2024 at nickel project

Highlights from the new assay results include:

109 FW Zone

• MCR-24-060: 0.3% Ni, 2.0 % Cu, 8.6 g/t Pt + Pd + Au over 14.0 m
• Including 1.1% Ni, 8.3 % Cu, 13.9 g/t Pt + Pd + Au over 3.0 m
• MCR-234-061: 0.6% Ni, 1.0 % Cu, 9.5 g/t Pt + Pd + Au over 14.7 m
• Including 1.6% Ni, 3.5 % Cu, 12.5 g/t Pt + Pd + Au over 2.9 m
• And 2.2% Ni, 1.2 % Cu, 28.7 g/t Pt + Pd + Au over 1.0 m
• MCR-24-065: 0.2% Ni, 1.1 % Cu, 11.4 g/t Pt + Pd + Au over 10.2 m
• Including 1.5% Ni, 10.7 % Cu, 16.0 g/t Pt + Pd + Au over 0.7 m

Dave King, SVP Technical Services stated, “Drilling results reported today are from the near surface portion of the 109 FW Zone. The objective of the current drilling is to define the continuity of the high-grade core of the zone, and the limits of the low-sulphide, high precious metal mineralised envelope. The 2024 drilling to date confirms the continuity of metre scale massive sulphide veins, grading up to 1.1% Ni, 8.3% Cu and 13.9 g/t Pt + Pd +Au over 3.0 m, within a broader mineralised breccia averaging approximately 12 – 15 m wide, and grading up to 0.3% Ni, 2.0 % Cu, 8.6 g/t Pt + Pd + Au over 14.0 m. Data acquired will be used to update the 109 FW zone geological model and will facilitate planning of our Advanced Exploration programme scheduled to commence in the second half of 2024.”

Currently two drills are active at Crean Hill, with one rig supporting Advanced Exploration planning, and six drillholes have been completed to date. A second drill has been focused on testing high-priority exploration targets in the footwall of the Crean Hill orebody. A third drill has recently been mobilised to the Shakespeare site and has commenced regional exploration drilling. Magna is fully funded to complete 25 000 m of exploration drilling in 2024.

Read the article online at: https://www.globalminingreview.com/mining/29022024/magna-mining-releases-first-drill-results-of-2024-at-nickel-project/