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A Sudbury-Focused Base Metal Exploration & Development Company

Magna Mining was co-founded in 2016 by Jason Jessup, a 20-year veteran of the Sudbury mining district. In early 2017, Magna acquired Ursa Major Minerals, a private company that owned the past producing Shakespeare Mine and a surrounding land package of over 180 km², much of which prospective for further nickel, copper and PGM discoveries. Shakespeare is situated 70 km to the South-West of the Sudbury Basin.

In 2022, Magna completed the acquisition of Lonmin Canada, the owner of the Crean Hill mine. Crean Hill is located on the South-West corner of the Sudbury Basin, and produced over 20 million tonnes of ore for Inco over an 80 year period until 2002. The location of the Shakespeare and Crean Hill properties, along with the location of select other mining and processing facilities in Sudbury are depicted in Figure 1.

Both the Shakespeare and Crean Hill mines have existing NI 43-101 compliant mineral resource estimates.

Location of the Shakespeare
& Crean Hill Properties

along with select other Sudbury mines and processing facilities.

Corporate Objectives

The Sudbury Mining District

The Sudbury region has arguably contributed more to mineral development in Canada than any other single location in the country. The geological prospectivity of the region and supporting infrastructure developed over the last 100 years mean that Sudbury has become one of the worlds most significant producers of Class 1 Nickel.

World-Class Geology

As one of the world’s most significant producers of Class 1 Nickel, Sudbury’s mines are crucial suppliers to manufacturers of batteries for Electric Vehicles (EVs).

Active Mining Region

Sudbury has 10 producing nickel mines that employ over 14,000 people in the mining sector.

Over 1.7b Tonnes Mined

It is estimated that over 40 billion lbs of nickel, 36 billion lbs of copper, 70 million ounces of PGMs + Gold and 283 million ounces of Silver have been produced from mines in the Sudbury region.

Global Mining Hub

The region acts as a hub of mining technology and service providers required to take a project from exploration to production.

Social Licence

The communities and stakeholders in the region are supportive of mining and exploration.

Invest in Canada's Next Base Metals Producer

Office

Magna Mining Inc.
1300 Kelly Lake Road
Sudbury, Ontario P3E 5P4
Canada

Investors
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