Magna Mining – Key Takeaways From The Levack Mine PEA and Board Approval To Restart Production
Jason Jessup, CEO and Director of Magna Mining Inc. (TSX: NICU) (OTCQX: MGMNF) (FSE: 8YD), joins me to review the key takeaways from the Preliminary Economic Assessment (“PEA”) released after the market close on October 7th, for the restart of the fully-permitted Levack Mine, located in the North Range of the Sudbury Basin, northeastern Ontario, Canada. We also discuss the potential for the dual-track development of 2 mines, because the Company plans to release the PFS on Crean Hill in the next few weeks.
Levack PEA Highlights: (All amounts are expressed in Canadian dollars)
Solid production…
The skinny
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