Magna Terra Minerals Inc. is pleased to announce that it has entered into a Letter of Intent to sell its minority interest in the Verneuil Project to SOQUEM Inc. . Verneuil has been governed by an Option and Joint Venture Agreement signed in 1997 between SOQUEM and Normabec Mining Resources Ltd. . Subsequently, in 2009, Brionor Resources Inc. assumed the Verneuil option, pursuant to an asset purchase agreement with [...]
Magna Terra Minerals Inc. is pleased to announce that it has completed a first phase systematic exploration program on its 100% controlled Hawkins Love Gold Project , located in Southern New Brunswick. The Company has finished systematic reconnaissance-scale prospecting, including collection of 160 rock float and grab samples, and geological mapping over the property, collected 3,315 B-Horizon soil samples, and flown [...]
Magna Terra Minerals Inc. is pleased to announce that all resolutions proposed to shareholders at the annual and special meeting held today were duly passed. All the nominees listed in the management information circular for the meeting were elected as directors of the Company. Detailed results of the vote for the election of directors are set out below. Nominee Votes For % For Votes Withheld % Withheld Lewis Lawrick [...]
Magna Terra Minerals Inc. is pleased to announce that it has initiated a systematic exploration program at its 100% owned Great Northern and Viking Gold Projects , located in western Newfoundland. The Exploration Program is focused on follow-up prospecting and geological mapping of the numerous geochemical and geophysical anomalies generated at and near the 2.4-kilometre Jacksons Arm Trend and the Rattling Brook Deposit [...]
Magna Terra Minerals Inc. is pleased to announce the results of the Phase One diamond drill program completed at the highly prospective Emilio Trend at the Cape Spencer Project , located in southern New Brunswick . The Drill Program consisted of 17 drill holes totalling 2,123.2 metres, that successfully tested a 1.2-kilometre section of the larger 5-kilometre long Emilio Trend . Highlights of the Drill Program include [...]
Magna Terra Minerals Inc. is pleased to announce that it has started systematic exploration on its 100% interest in the Hawkins Love Gold Project , located in Southern New Brunswick. The Company plans to undertake systematic prospecting, geological mapping, collection of 3,500 B-Horizon soil samples, and a drone magnetic survey designed to cover the main contact Zone between the Saint George Batholith and adjacent [...]
Magna Terra Minerals Inc. is pleased to provide the following updates regarding its portfolio of exploration project assets. Beyond the Company's focus on its core exploration assets in Atlantic Canada, Magna Terra continues to add shareholder value through various partnerships and option agreements on its assets in Argentina and Quebec. Boleadora Project, Santa Cruz Province, Argentina The Company through its wholly [...]
Magna Terra Minerals Inc. is pleased to announce that it has started a Phase one, 2,000 metre drill program designed to test the highly prospective Emilio Trend at the Cape Spencer Project , located in southern New Brunswick . The Drill Program will test priority targets on the western half of the 5-kilometre Emilio Trend based on recent and historic exploration results that demonstrate a strong mineralization system, in [...]
Magna Terra Minerals Inc. is pleased to announce final results of a systematic prospecting and geological mapping program conducted in late 2020 from the Cape Spencer Project , located in southern New Brunswick . The Company is currently formulating plans for a 2,000 metre diamond drilling program that will test priority targets on the western half of the 5-kilometre Emilio Trend based on current and historic exploration [...]
Magna Terra Minerals Inc. is pleased to announce results from an initial 1,598 metre diamond drilling program at the Jacksons Arm Trend on its 100% owned Great Northern Gold Project , located in western Newfoundland. The Phase 1 Drill Program formed part of a larger systematic exploration program focused on the Jacksons Arm Trend, a 2.4 kilometre long, previously unexplored, altered and mineralized geological corridor and [...]
Magna Terra Minerals Inc. is pleased to announce results from a recently completed soil geochemical survey, part of a larger systematic exploration program at its 100% owned Great Northern Gold Project , located in western Newfoundland. The Exploration Program was focused on the Jacksons Arm Trend, a 2.4 kilometre long, previously unexplored, altered and mineralized geological corridor and included geological mapping [...]
Magna Terra Minerals Inc. reports the resignation of Mr. Errol Farr, as the Chief Financial Officer and Corporate Secretary of the Company. In his place Mr. Bill Francis has been appointed the Company's Chief Financial Officer and Corporate Secretary effective January 29, 2021. Further, Mr Derek Knight has been retained as Director of Corporate Development, effective February 1, 2021. "On behalf of the Board, I would like [...]