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MAGNA TERRA TO ACQUIRE PORTFOLIO OF ADVANCED EXPLORATION ASSETS IN ATLANTIC CANADA FROM ANACONDA MINING
Toronto, ON October 15, 2019 Encompasses three projects in the established mining jurisdictions of Newfoundland and Labrador and New Brunswick; district scale exploration potential; past production; three known deposits with numerous high-grade gold showings and prospects
- Combined 12,375 hectares of highly prospective mineral lands over three projects in Atlantic Canada;
- Includes total 28 km strike along two, regional scale, gold bearing structures;
- District scale exploration potential with numerous gold showings, prospects and deposits;
- Established mining jurisdictions of Newfoundland and Labrador and New Brunswick;
- Low cost of exploration with all projects road accessible.
MAGNA TERRA REPORTS FINAL ASSAYS FROM FIRST PHASE DRILLING ON THE 100% OWNED LUNA ROJA PROJECT
Toronto, Ontario, June 19, 2019 – Magna Terra Minerals Inc. (the “Company” or “Magna Terra”) (TSX-V: MTT) (SSE: MTTCL) is pleased to announce complete assay results from an eight hole (1,184 meter) first phase drill program on its Luna Roja Project in Santa Cruz Province, Argentina. The drilling began on January 12, 2019 and was completed on January 31. The program was designed to test three target areas – Cruz Del Sur, Orion and Estrella del Norte, which constitute a mineralized surface footprint of approximately three kilometers by one kilometer. Assays have been received from three holes in the Cruz del Sur Target area, three from the Orion area and two from the Estrella del Norte area.
mAGNA tERRA Announces closing of EQUITY FOR DEBT SETTLEMENT and Appointment of Technical Advisor
Toronto, Ontario, June 4, 2019 – Magna Terra Minerals Inc. (the “Company” or “Magna Terra”) (TSX-V: MTT) (SSE: MTTCL) reports that it has settled $450,059.01 of debt through the issuance of common shares of the Company (the "Debt Settlement"). Pursuant to the Debt Settlement, the Company issued 9,001,179 common shares of the Company (the "Shares") at a deemed price of $0.05 per Share to certain creditors of the Company, including certain of its directors and officers (the "Creditors").