Magna Terra Minerals Expands Rocky Brook Project with Strategic Acquisition

Magna Terra Minerals Inc ( (TSE:MTT) ) has issued an announcement.

Magna Terra Minerals Inc. has expanded its Rocky Brook Project by acquiring the Restigouche Property, adding significant exploration potential to its holdings in the Bathurst Mining Camp. This strategic acquisition increases the company’s land package to 17,104 hectares, positioning Magna Terra as a major landholder in the area. The Restigouche Property is notable for its proximity to significant deposits and its potential for high-grade precious metals exploration. This move aligns with Magna Terra’s strategy to enhance its portfolio and provide value to shareholders, amid renewed interest in the region’s mining prospects.

More about Magna Terra Minerals Inc

Magna Terra Minerals Inc. operates in the mining industry, focusing on exploration and development of mineral properties. The company is engaged in the acquisition and exploration of base and precious metals, with a particular emphasis on projects located in the historic Bathurst Mining Camp in northern New Brunswick.

YTD Price Performance: 100.0%

Average Trading Volume: 221,334

Technical Sentiment Consensus Rating: Hold

Current Market Cap: C$7.06M

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