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Magna Terra Announces Resignation of Director; Equity for Debt Settlement; And Issuance of Stock Options
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Magna Terra Minerals Inc : Magna Terra Announces Resignation of Director; Equity for Debt Settlement; And Issuance of Stock Options
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Magna Terra Samples up to 17 45 G/T Gold From Prospecting, Identifies New Prospective Structural Trends at the Cape Spencer Project
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Magna Terra Minerals Inc.: Magna Terra Samples up to 17.45 G/T Gold From Prospecting, Identifies New Prospective Structural Trends at the Cape Spencer Project
December 17, 2020 /Magna Terra Minerals Inc. (the Company or Magna Terra ) (TSXV:MTT) is pleased to announce preliminary results of a systematic prospecting and geological mapping program from the Cape Spencer Project ( Cape Spencer or Project ), located in southern New Brunswick (
Exhibit A). Prospecting and geological mapping forms part of a larger initial exploration program for 2020/2021, focused on the Emilio Trend. It also comprises soil/till sampling and geophysical surveying to refine existing targets and generate new gold targets to be followed up by a planned winter diamond drilling program.