Magna Mining Inc. Excels with New Drill Results and Government Recognition

In a significant development for Magna Mining Inc., the base metal exploration and development company based in Canada has announced promising new drill results from its McCreedy West mine. This announcement, made on June 10, 2025, highlights the company’s ongoing efforts to explore and develop nickel, copper, and platinum group metal (PGM) mineralization deposits. The results have not only showcased the potential of the McCreedy West site but have also earned the company recognition from the Government of Ontario.

The new drill results from McCreedy West are particularly noteworthy. Magna Mining reported impressive findings, including 3.0% copper (Cu), 0.4% nickel (Ni), and 9.1 grams per tonne (g/t) of platinum (Pt) + palladium (Pd) + gold (Au) over 10.8 meters, as well as 3.9% Cu, 0.6% Ni, and 6.8 g/t Pt + Pd + Au over 2.1 meters in drillhole FNX33368. These results underscore the mine’s rich mineralization and the potential for significant resource development.

Further highlighting the drill results, Magna Mining shared additional assay highlights, such as 5.1% Cu, 1.0% Ni, and 1.8 g/t Pt + Pd + Au over 6.6 meters in drillhole FNX33344, and 2.0% Cu, 0.3% Ni, and 2.5 g/t Pt + Pd + Au over 5.0 meters in drillhole FNX33350. These findings reinforce the company’s position as a key player in the exploration and development of critical minerals.

In addition to the promising drill results, Magna Mining has received significant recognition from the Government of Ontario. The Sudbury-based projects owned and operated by the company have been identified as shovel-ready, strategic critical mineral projects. This designation is a testament to the strategic importance of Magna Mining’s operations in the region. In a letter to Canada’s Minister of Energy and Natural Resources, Ontario’s Ministers of Energy and Mines, Natural Resources, and Indigenous Affairs and First Nations Economic Reconciliation, the Government of Ontario urged the Federal Government to invest in critical mineral mines and infrastructure in Ontario, highlighting the strategic value of projects like those operated by Magna Mining.

Magna Mining Inc., listed on the TSX Venture Exchange, operates with a market capitalization of 323,450,000 CAD. The company’s recent achievements, including the new drill results and government recognition, position it as a significant player in the materials sector, particularly in the exploration and development of nickel, copper, and PGM deposits. As Magna Mining continues to advance its projects, the company remains committed to serving its customers worldwide, leveraging its expertise and strategic projects to meet the growing demand for critical minerals.

For more information on Magna Mining Inc. and its operations, interested parties can visit the company’s website at www.magnamining.com . With its strategic projects and promising exploration results, Magna Mining is poised for continued success in the global materials sector.