Magna Mining Reports Multiple Copper, Nickel and Precious Metal Rich Intersections from the R2 Target at the Levack Mine in Sudbury, Ontario

Core Viewpoint - Magna Mining Inc. has reported significant assay results from the R2 target at the Levack Mine, indicating high-grade intersections of copper, nickel, and precious metals, which may enhance the company's exploration potential in the Sudbury Basin [1][2]. Exploration Results - Drillhole FNX6083-W2 intersected multiple mineralized intervals, including: - 19.3% copper and 26.1 g/t platinum + palladium + gold over 0.5 metres - 4.9% copper, 12.4% nickel, and 24.2 g/t platinum + palladium + gold over 0.4 metres - 14.1% copper and 10.4 g/t platinum + palladium + gold over 0.6 metres - 7.0% copper and 16.4 g/t platinum + palladium + gold over 1.1 metres [2][3]. Geological Insights - The assay results suggest that the mineralization is complex and may indicate the presence of more chalcopyrite-dominated veins at lower elevations, similar to the Morrison Footwall Cu-PGE Deposit located approximately 600 metres to the southwest [2][4]. - The ongoing exploration program aims to refine the geological model and define the extent of mineralization in the R2 target area [4][5]. Current Drilling Activities - Two surface diamond drills are currently operating at the Levack Mine, focusing on the R2 target area, with additional drillholes FNX6083-W3 and FNX2026-W1 completed and assays pending [2][4]. - An underground diamond drill is also testing footwall targets east of the Fecunis Fault, targeting a historical intersection that graded 33.4% copper [5][4]. Future Exploration Plans - The company plans to continue its near-term exploration program at the Levack Mine, focusing on the prospective footwall environment and testing the lateral and downdip extent of the R2 target [4][5]. - The exploration strategy includes refining interpretations based on ongoing drilling results to better understand the controls on sulphide veining in the R2 target area [2][4].