Company
Magna Mining Inc
CVE:NICU
Magna Mining is an exploration and development company focused on nickel, copper and PGM projects in the Sudbury Region of Ontario, Canada. The company’s current assets are the past producing Shakespeare and Crean Hill Mines.
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Ascot Resources stock jumps on gold project financing plus more daily small cap movers
Letters of Intent for C$200 million in project financing sparked shares of Ascot Resources Ltd Monday, plus other big percentage movers on news from the small and micro cap space
Magna Mining commences 2000-meter drill program at Crean Hill Mine in Ontario
Three drill holes have been completed, and each has intersected mineralization as expected, including massive sulphide mineralization
Magna Mining hails initial resource estimate for recently acquired Denison project in Sudbury
The company has just closed the acquisition of Lonmin Canada, which owned the property that includes the past producing Crean Hill mine, a significant producer of nickel-copper-platinum-palladium and gold for over 80 years