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(2) TORONTO, ON / ACCESSWIRE / February 18, 2021 / Magna Terra Minerals Inc. (the Company or Magna Terra ) (TSXV:MTT) is pleased to announce results from an initial 1,598 metre diamond drilling program (the Phase 1 Drill Program ) at the Jacksons Arm Trend on its 100% owned Great Northern Gold Project ( Great Northern ), located in western Newfoundland. The Phase 1 Drill Program formed part of a larger systematic exploration program focused on the Jacksons Arm Trend, a 2.4 kilometre long, previously unexplored, altered and mineralized geological corridor and included geological mapping, prospecting, soil sampling as well as Light Detection and Ranging ( LiDAR ), Induced Polarization ( IP ), and Magnetic geophysical surveys (the Exploration Program ). Exploration to date has identified numerous anomalous geochemical, geological and geophysical targets as outlined in the press releases dated February 4 and 11, 2021 that form priority drill targets to be tested in 2021 (

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