PICKERING, Ontario – TheNewswire - August 14, 2025 - Renforth Resources Inc. (CSE: RFR) (OTC: RFHRF) (FSE: 9RR) ("Renforth" or the "Company"), is pleased to provide shareholders with an update on our ~300 km2 Malartic Metals Package (the "MMP"), which hosts the Victoria, Lalonde and Fouillac nickel rich polymetallic mineralization, along with a copper discovery at Beaupré and documented historic gold occurences1. Fouillac Confirmed Polymetallic Occurence Earlier this summer a prospecting program consisting ...

Magna Mining Announces Closing of Property Acquisition from NorthX Nickel Corp. July 21, 2025 7:00 AM EDT | Source: Magna Mining Inc. Sudbury, Ontario--(Newsfile Corp. - July 21, 2025) - Magna Mining Inc. (TSXV: NICU) (OTCQX: MGMNF) (FSE: 8YD) ("Magna" or the "Company") is pleased to report that further to its news release dated December 18, 2024, the Company has completed its acquisition of a portfolio of exploration properties located in the Sudbury Basin (the "Transaction") from NorthX Nickel Corp. (CSE: ...

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]