Magna Mining Continues to Intersect Copper and Precious Metal Bearing Veins in Multiple Drill Holes at Levack Mine's R2 Target in Sudbury, Including 25.0% Copper, 34.7 g/t Pt+Pd+Au, and 151 g/t Silver over 0.4 metres

Core Insights - Magna Mining Inc. has reported significant exploration updates from the Levack Mine, indicating the presence of high-grade copper and precious metals in the R2 target area, with mineralization extending over a vertical depth of more than 200 meters [1][3][5] Exploration Results - Four diamond drill holes have successfully intersected multiple veins containing high-grade copper, platinum, palladium, gold, and silver [1][2] - Notable assay results include drillhole FNX6038-W3, which encountered nine mineralized intervals with grades of 18.6% Cu, 15.4 g/t Au, 20.0 g/t Pd, 3.0 g/t Pt, and 105 g/t Ag over 0.6 meters [3][4] - Drillhole FNX6083-W4 returned 12.3% Cu, 1.3% Ni, 6.7 g/t Pt, 13.9 g/t Pd, 1.6 g/t Au, and 78.9 g/t Ag over 1.3 meters [3][4] Geological Context - The R2 mineralization is interpreted to be part of a significant footwall copper-precious metals system associated with the Fecunis fault, with potential connections to the Levack No. 3 Footwall Zone and the Morrison Footwall Cu-PGE Deposit [3][5] - The drilling has identified at least two principal vein orientations over a vertical extent of approximately 215 meters and a strike length of up to 85 meters, remaining open for further exploration [5] Future Exploration Plans - The company continues to focus on defining and extending mineralization at the R2 target while exploring for new copper-precious metals footwall systems at Levack [3][5] - Ongoing drilling efforts include two surface and two underground drill rigs aimed at expanding the R2 target area and testing for faulted offsets of the R2 system [5]