Magna Mining releases positive initial Mineral Resource on Denison Project in Sudbury

Magna Mining CEO Jason Jessup joined Steve Darling from Proactive to share news the company has put out the initial Mineral Resource Estimate for the Denison Project in Sudbury, Ontario. Jessup telling Proactive the numbers include in the Indicated category, 500 million lbs nickel, 450 million lbs copper, and 1.7 million oz platinum + palladium + gold. High grade underground Indicated resource of 14.5 million tonnes at 2.07% nickel equivalent.

Jessup also shard with Proactive that off of that mineral resource, the company has closed the acquisition of Lonmin Canada and the Denison project which included the past-producing Crean Hill nickel/copper/platinum group element mine.