Core Insights - Renforth Resources Inc. has provided an update on its Malartic Metals Package (MMP), which covers approximately 300 km² and includes nickel-rich polymetallic mineralization at Victoria, Lalonde, and Fouillac, along with a copper discovery at Beaupré and historic gold occurrences [1] Group 1: Mineralization and Resource Development - The prospecting program at Fouillac confirmed the presence of similar mineralization to that at Victoria and Lalonde, with surface sampling over approximately 550 meters, highlighting a nickel value of 1080 ppm and copper values exceeding 125 ppm [2] - Modelling for a maiden resource at the Victoria polymetallic structure has commenced, with expectations to deliver results in the fall [3] - The confirmation of mineralization at Fouillac adds value to the MMP, suggesting potential for a future processing facility that could utilize materials from the Victoria, Lalonde, and Fouillac systems [5] Group 2: Permits and Operational Updates - Renforth has received permits earlier than expected to strip an area of the Parbec gold deposit, allowing for mapping and sampling of surface gold mineralization [7] - The company has announced the resignation of director Judi Wood due to new business commitments, acknowledging her contributions to the board [8] Group 3: Technical and Compliance Information - Sample results were obtained through selective grab sampling and analyzed using ME-MS41 Ultra Trace ICP-MS methods [6] - The geological information in the press release has been reviewed and approved by Martin Demers, Vice President of Exploration, ensuring compliance with NI 43-101 guidelines [9]

Core Viewpoint - Magna Mining Inc. has successfully completed the acquisition of a portfolio of exploration properties from NorthX Nickel Corp., enhancing its holdings in the Sudbury Basin to a total of 584 km² [1][2]. Company Overview - Magna Mining is a producing mining company focused on copper, nickel, and PGM projects in the Sudbury Region of Ontario, Canada, with primary assets including the McCreedy West copper mine and several past-producing mines [17]. Transaction Details - The acquisition involved Magna paying C$1.00 to NorthX and assuming liabilities related to the Broken Hammer mine closure plan, which includes a financial assurance of approximately C$481,629 [10]. - NorthX will pay Magna C$665,000 to cover costs associated with the Broken Hammer mine closure plan [10]. Property Portfolio - The acquired NorthX properties cover 304 km² and include past-producing properties such as Parkin and Wisner, as well as several exploration properties in the Sudbury Igneous Complex [2][6]. - The Parkin property has historical production of 157,000 tons grading 1.5% Ni, 1.5% Cu, and 6.2 g/t Pt + Pd + Au, with drillhole intersections showing high-grade mineralization [7]. - The Wisner property historically produced 295,000 tonnes grading 0.9% Cu and 4.1 g/t Pt + Pd + Au, with additional properties like Blezard and Creighton South showing significant measured and indicated resources [8]. Exploration Potential - Magna Mining believes the acquired properties have high potential for new discoveries, particularly in areas corresponding to the footwall of known Sudbury deposits [3]. - The exploration team will compile and interpret existing data to identify and test high-priority exploration targets [9].

Core Viewpoint - Magna Mining Inc. is optimistic about the production and cost guidance for the second half of 2025, focusing on the development of the McCreedy West Mine and expecting improved operational metrics and reduced costs in the coming years [2][4]. Production and Cost Guidance - For Q3 2025, the company expects to sell between 80,000 and 92,000 tons of ore from the 700 Copper Zone, with a copper equivalent grade of 2.90% to 3.40%. For Q4 2025, the expected grade increases to 3.80% to 4.40% [4][6]. - Average realized price for copper is projected at $5.69 per pound, with cash costs per copper equivalent pound expected to decrease from $5.25 to $6.00 in Q3 to $4.25 to $5.00 in Q4 [4][6]. - All-in sustaining costs (AISC) are anticipated to drop from $6.75 to $7.50 in Q3 to $5.25 to $6.10 in Q4 [4][6]. Development Plans - The company plans significant investments in the McCreedy West Mine, including upgrading mobile equipment and increasing capital and operating mine development, with a forecasted daily development rate of 28 feet per day in the second half of 2025 [5][9]. - Total underground development planned for H2 2025 is approximately 5,100 feet, with a focus on accessing the western side of the 700 Copper Zone [7][8]. Operational Improvements - The mine's operational plan is evolving to enhance flexibility and optimize production, with expectations of developing into higher-grade mining areas [2][4]. - The planned capital development is expected to facilitate access to previously untested areas, supporting a more robust operating plan moving into 2026 [9].

Core Viewpoint - Magna Mining Inc. has received a funding award of up to C$500,000 from the Ontario government to support metallurgical work aimed at enhancing precious metal recoveries at the Crean Hill project [1][2]. Group 1: Funding and Project Details - The funding will be utilized for metallurgical work related to improving precious metal recoveries from contact and footwall mineralization at the Crean Hill project, which is part of a surface bulk sample program conducted in 2024 [1]. - The Ontario government is actively supporting the development of critical mineral production in Sudbury, with this funding being part of a broader strategy to enhance mineral recoveries and create jobs [2]. Group 2: Company and Industry Context - Magna Mining is a producing mining company with a focus on copper, nickel, and PGM projects in the Sudbury Region of Ontario, Canada, including the McCreedy West copper mine and several past-producing mines [6]. - The company aims to restart multiple mining operations and increase copper and nickel production in Sudbury over the next 3 to 4 years, supported by initiatives like the Critical Minerals Innovation Fund and the new C$500 million Critical Minerals Processing Fund [2].

Company Overview - Magna Mining Inc. is engaged in the acquisition, production, development, and exploration of mineral properties in Canada, focusing primarily on copper [1][4] - The company operates the McCreedy West copper mine and has past producing mines including Levack, Podolsky, Shakespeare, and Crean Hill [4] Market Transition - Magna Mining Inc. has qualified to trade on the OTCQX Best Market, upgrading from the OTCQB Venture Market, which is a significant milestone for the company [1][3] - The OTCQX Market is designed for established, investor-focused companies that meet high financial standards and corporate governance practices [3] Trading Information - Magna Mining Inc. begins trading on OTCQX under the symbol "MGMNF," with financial disclosures and real-time quotes available for U.S. investors [2]