Magna Terra Minerals (TSE:MTT) has released an update.
Magna Terra Minerals Inc. has announced the discovery of new gold zones at its Great Northern Project in Newfoundland, with assay results showing up to 6.35g/t gold. The findings are a result of a fall 2023 exploration program that included soil sampling and drone magnetic surveys, revealing multiple new gold trends and high-priority drill targets over a 30+ kilometers strike. The company’s president, Lew Lawrick, expressed optimism about the project’s potential to host multiple large gold systems.
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