Magna Terra Minerals (TSE:MTT) has released an update.
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Magna Terra Minerals Inc. has announced a promising update from its partner Newmont Corporation regarding the Boleadora Project in Argentina, where exploration has delineated a significant 10 by 8-kilometer target zone. This area is rich in precious metals and pathfinder elements, suggesting a geological environment similar to the productive Cerro Negro mine. Newmont’s commitment to further exploration in 2024 and a recent option payment of US$150,000 to Magna Terra highlight the project’s potential and ongoing development.
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