Magna Mining (TSE:NICU) has released an update.
Don't Miss our Black Friday Offers:
- Unlock your investing potential with TipRanks Premium - Now At 40% OFF!
- Make smarter investments with weekly expert stock picks from the Smart Investor Newsletter
Magna Mining Inc. has awarded the Advanced Exploration contract for the Crean Hill Project to Aki-eh Dibinwewziwin Limited Partnership, a collaboration involving local First Nations and Technica Mining. This partnership emphasizes the company’s commitment to cost efficiency, local economic growth, and the promotion of First Nations in the mining sector, with expectations of significant financial and employment benefits. The project is set to begin with a 20,000-tonne bulk sample and is fully funded by Magna’s existing cash reserves.
For further insights into TSE:NICU stock, check out TipRanks’ Stock Analysis page.