Magna Mining Intersects Near Surface Contact Nickel Mineralization Grading 2.3% Ni, 0.7% Cu Over 28.0 metres at the Levack Mine

Core Viewpoint - Magna Mining Inc. has reported promising initial assay results from the Levack Mine, indicating significant nickel and copper mineralization, which supports the ongoing restart study of the mine [1][3]. Exploration Results - The assay results from drillhole MLV-25-21 show 2.3% Ni and 0.7% Cu over 28.0 metres, with higher grades of 6.6% Ni and 0.7% Cu over 2.4 metres, and 3.3% Ni and 1.0% Cu over 12.4 metres [2][3]. - Drillhole MLV-25-22 reported 2.4% Ni and 0.8% Cu over 15.5 metres, with additional intersections showing 3.2% Ni and 2.2% Cu over 1.9 metres [2][3]. Drilling Operations - Two surface diamond drills are currently operational at the Levack Mine, focusing on near-surface infill and metallurgical drillholes, as well as exploring the footwall environment [4][5]. - An underground diamond drill is set to begin operations within the current quarter, with a second expected to start in Q4, targeting areas below the No. 3 zone and east of the Fecunis fault [7]. Future Plans - The drilling aims to provide data necessary for advancing the Levack restart study and to support a higher level of geological confidence for the upcoming Mineral Resource Estimate [3][5]. - The company plans to follow up on exploration once underground drilling is underway, particularly in areas with historical high-grade intersections [7]. Company Overview - Magna Mining Inc. is a producing mining company with a portfolio of copper, nickel, and platinum group metals assets located in the Sudbury mining district of Ontario, Canada [20]. - The company's primary asset is the McCreedy West Mine, currently in production, supported by a pipeline of prospective properties including Levack, Crean Hill, Podolsky, and Shakespeare [20][21].