Magna Mining Provides Update on Activities

Sudbury, Ontario–(Newsfile Corp. – January 22, 2024) – Magna Mining Inc. (TSXV: NICU) (OTCQB: MGMNF) (FSE: 8YD) (“Magna” or the “Company”) is pleased to provide an update on the 2024 exploration activities and corporate initiatives. 2024 Exploration Plan and Resource Update Magna resumed diamond drilling on January 3, 2024, after a brief pause over the holiday season. Currently there are two drills turning at the Crean Hill Project, with one of the drills testing deep footwall targets (see Fig. 1). Two geophysical platform holes (MCR-23-053 & MCR-23-059), totalling 2895 m have now been completed and both holes have intersected favourable footwall stratigraphy, including Sudbury Breccias containing minor sulphides. Borehole geophysical surveys have subsequently been completed and any geophysical anomalies identified…

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