Magna Mining Inc (TSE:NICU) has released an update.
Magna Mining Inc. has announced the filing of the amended Closure Plan for the Crean Hill Project with the Ontario Ministry of Mines, allowing for advanced exploration, including test mining of 400,000 tonnes of mineralized rock. The company is finalizing processing agreements and expects to initiate a surface bulk sample in the first half of the year. Additionally, Magna awaits final approval for a Permit to Take Water, which will enable dewatering for underground exploration activities anticipated to start by mid-2024.
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