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Magna Mining Inc.: Magna Mining Phase I 9,000m Drill Program Update at the Shakespeare Ni-Cu-PGM Project, Ontario, Canada

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Sudbury, Ontario (Newsfile Corp. - May 26, 2021) - Magna
Mining Inc. (TSXV: NICU) ( Magna or the Company ) is pleased to announce that it has commenced the planned 9,000 metre, Phase I drilling program at its Shakespeare Project, located near Sudbury, Ontario.
Magna has allocated 6,000m of drilling to near-mine exploration targets at the past-producing Shakespeare Mine, and 3,000m to high priority regional exploration targets. At Shakespeare, drilling is designed to expand on the current National Instrument 43-101 Mineral Resource Estimate, beneath and within the footwall of the known mineralization.
Initial drilling will focus on the Gap Zone, between the existing Shakespeare East and West zones, as well as drill targets within the footwall of the known deposit, where recent surface geophysical surveys have defined anomalies that may represent sulphide mineralization. Additional borehole geophysical surveys, scheduled for early June, will be completed on th ....

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Magna Mining (TSXV:NICU) Investor Overview

This Magna Mining profile is part of a paid investor education campaign.
Overview
At Tesla’s quarterly earnings call in late 2020, Chief Executive Elon Musk urged participants, “Well, I’d just like to re-emphasize, any mining companies out there, please mine more nickel.” During Tesla’s Battery Day event on September 22, 2020, Musk shared the company’s goal of implementing a vertically integrated battery supply model centered in North America in order to produce batteries with zero high-cost cobalt and more low-cost nickel.
On top of this, experts forecast that 2021 will be a big year for nickel as a recovery in China and speculated demand from the electric vehicle battery sector create a perfect storm. ....

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