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Magna Mining reports first assays from Crean Hill

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Global Mining Review,


Magna Mining Inc. has announced that first assays have been received from its recent drilling at Crean Hill.

Drillhole MCR-22-003 intersected massive sulfide mineralisation, grading 6.0 % Ni, 0.3 % Cu, 0.7 g/t Pt+Pd+Au over 5.8 m. The company has completed 10 drillholes to date and expects to resume diamond drilling in early January 2023.

Highlights:

  • Drillhole MCR-22-003, intersected 3.8% nickel, 1.8% copper and 0.5 g/t Pt+Pd+Au over 10.8 m, including 3.2% Ni, 8.3% Cu, & 0.5 g/t Pt+Pd+Au over 1.7 m, and 6.0% Ni, 0.3% Cu, 0.7 g/t Pt+Pd+Au over 5.8 m in the 101 FW Zone.
  • 101 FW Zone mineralisation hosted within an approximately 70 m wide footwall breccia package, which remains open for exploration.
  • 2022 m completed to date in 10 drillholes on the Crean Hill property. All drillholes have intersected significant mineralisation as expected.

Jason Jessup, Chief Executive Officer for Magna, comments:

“We are excited to announce initial assay results from our current drilling at Crean Hill. Drillhole MCR-22-003 was our first drillhole testing the 101 FW Zone mineralization, and demonstrates the quality and grade of the resources remaining at Crean Hill. Additional assay results are expected in early January and will be announced shortly thereafter.”

Read the article online at: https://www.globalminingreview.com/mining/16122022/magna-mining-reports-first-assays-from-crean-hill/

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