Magna Mining Inc (TSE:NICU) has released an update.
Magna Mining Inc. has struck a major deal with Vale Canada, securing a Definitive Off-Take Agreement for its Crean Hill Project that promises to streamline the path towards underground test mining and potential future commercial production. The agreement ensures initial production will be processed at Vale’s Clarabelle Mill, with impressive recovery predictions for nickel, copper, and precious metals based on Magna’s extensive metallurgical testing. This partnership marks a significant milestone for Magna, positioning it to advance its exploration efforts and enhance shareholder value.
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