Magna Mining completes permitting process at Crean Hill Mine

Magna received confirmation that the Permit to Take Water for the Crean Hill Project, located in Ontario, Canada, has been approved by the Ministry of Environment, Conservation and Parks (MECP). This is the final permit required to enable dewatering of the existing mine workings and allow Magna to move forward with their advanced exploration plan, including a surface bulk sample and development of a ramp from surface to perform test mining in the 101 Footwall, 109 Footwall and Intermediate Zones. The tonnage of the mineralised rock from the surface and underground test mining is estimated at 400 000 t, which will be crushed on surface, sampled, and shipped to a third-party mill for processing, under the terms of the Off-Take Agreement announced on 27 March 2024.

Jason Jessup, CEO of Magna Mining stated, “We are extremely pleased to have received the Crean Hill Permit to Take Water, as Magna now has all the approvals and permits necessary to conduct both our surface and underground advanced exploration programmes. We acquired the Crean Hill Project in November 2022, and have advanced it to this point in only 17 months. This is a remarkable accomplishment and a testament to our team and the jurisdiction in which we are building our company. Magna plans to initiate the surface bulk sample on the 109 FW Zone by the end of 2Q24, and commence portal construction and underground advanced exploration in the second half of 2024.”

Recent drilling in the 109 FW Zone has intersected high grade copper, nickel and precious metal mineralisation, which have helped to define the core of the 109 FW Zone. This area of the 109 FW will be targeted as part of the early underground test mining. The test mining programme will allow reconciliation against the current resource block model, confirm continuity of the high-grade mineralisation and further de-risk the project. Currently the company is drilling several short diamond drill holes in the area of the surface bulk sample which will facilitate the final bulk sample design. Results of this drilling are expected to be received in early May 2024. A second drill is active testing geophysical anomalies in the footwall environment, approximately 300 m south of the Main Contact Zone at Crean Hill.

Read the article online at: https://www.globalminingreview.com/mining/24042024/magna-mining-completes-permitting-process-at-crean-hill-mine/