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TORONTO, ON / ACCESSWIRE / March 4, 2021 / Magna Terra Minerals Inc. (the Company or Magna Terra ) (TSXV:MTT) is pleased to announce that it has started a Phase one, 2,000 metre drill program (the Drill Program ) designed to test the highly prospective Emilio Trend at the Cape Spencer Project ( Cape Spencer or Project ), located in southern New Brunswick (
Exhibit A).
The Drill Program will test priority targets on the western half of the 5-kilometre Emilio Trend based on recent and historic exploration results that demonstrate a strong mineralization system, in multiple gold occurrences. The drill program will target surface gold occurrences, including recent sampling with assays up to 21.2 grams per tonne ( g/t ) gold, that are hosted along faulted geological contacts and associated structures as announced in news releases on December 17, 2020 and February 23, 2021 (
Magna Terra Initiates a 2,000 Metre Drill Program at the Emilio Trend, Cape Spencer Project
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Magna Terra Samples up to 21 2 G/T Gold: Plans 2,000 Metre Drill Program at the Emilio Trend, Cape Spencer Project
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