Magna Mining (NICU.V) – Huge High-Grade Nickel Resource Announced

Recording date: 10th November 2022

Magna Mining Corp. is a Canadian exploration and development company focused on the advancement of its nickel, copper and PGM projects in the Sudbury Region of Ontario, Canada. The company was founded in 2016 and has since then built an asset portfolio with a land position of approximately 180 km2. The flagship project of the company, the Shakespeare project, is a past-producing Nickel, Copper and PGM mine located 70 km southwest of Sudbury. The project has a NI 43-101 compliant mineral resource of 20.34 million tons of mineralisation at 0.55% NiEq in the indicated category and 2.36 million tons of mineralisation at 0.57% NiEq in the inferred category. The project also holds permits for the construction of a 4,500 tpd mill as well as the recommencement of its open pit mining operations.

0:00 – Company Overview 0:30 – Overview of the Recent Resource Estimate News Release 1:42 – Plans for Improving the Resource Estimate on the Denison Project 3:21 – Taking Advantage of the Current Market Conditions 4:39 – Optionality in Getting into Revenue Production 6:34 – Impact of Dundee Corporation’s Acquisition of Magna Mining Shares 8:26 – Strategy in Setting the Targets in the Denison Project 11:13 – Vision for the Company 13:18 – Projected Time into Getting into Cashflow Generating Position 14:47 – Explaining the “Hub & Spoke” Production Model 16:43 – Possible Catalysts for the Company Share Prices 19:14 – Perspective on the Possible “OPEC” Type of Organization for Nickel in Southeast Asia 22:19 – Possible Listing on OTC in the North American Market 24:03 – Outro