Magna Mining (NICU) - Acquisition Adds More Nickel, Copper & PGM's скачать в хорошем качестве

Magna Mining (NICU) - Acquisition Adds More Nickel, Copper & PGM's

Interview with Jason Jessup, CEO of Magna Mining Corp (TSX-V:NICU) Our previous interview:    • Magna Mining - How Do Private Nickel Compa...   Recording date: 14th September 2022 Magna Mining Corp. is a Canadian exploration and development company focused on the advancement of its nickel, copper and PGM projects in the Sudbury Region of Ontario, Canada. The company was founded in 2016 and has since then built an asset portfolio with a land position of approximately 180 km2. The flagship project of the company, the Shakespeare project, is a past-producing Nickel, Copper and PGM mine located 70 km southwest of Sudbury. The project has a NI 43-101 compliant mineral resource of 20.34 million tons of mineralisation at 0.55% NiEq in the indicated category and 2.36 million tons of mineralisation at 0.57% NiEq in the inferred category. The project also holds permits for the construction of a 4,500 tpd mill as well as the recommencement of its open pit mining operations. Magna Mining Corp. on the 16th of August 2022 announced that it had entered into a definitive share purchase agreement for the acquisition of Lonmin Canada Inc. The definitive share purchase agreement includes the Denison project which within it holds the past-producing Crean Hill Nickel, Copper and PGE mine. The Denison project is located 37 km east of the company’s Shakespeare project. The Crean mine was in production for three separate periods between 1906 and 2022 and produced approximately 20.3 million tons of ore at a grade of 1.3% Nickel, 1.1% Copper and a combined palladium, platinum and gold grade of 1.6 g/t. The Denison project holds significant high-grade exploration and development potential with substantial supporting infrastructure in place. The acquisition remains subject to the approval of the TSX-V which includes the preparation of a technical report, which is with the TSX-V for review. 0:00 - Company Overview 0:38 - Acquisition of Lonmin Canada Inc. Deal Overview 1:35 | 9:52 - Factors Considered in the Acquisition Deal 3:46 - Historic Data in Denison Project that Looks Like an Opportunity 7:09 - Primarily Chasing for Nickel in Company Projects 12:11 - Defining the Profile of the Company 14:21 - Timing and Considerations in the Future Capital Raise 15:38 - Sentiments of Mitsui regarding the Recent Acquisition Deal 16:48 - Mitsui’s Participation in the Company Projects 18:54 - Denison Project as a Project in a Great Location with regards to Accessibility 20:09 - Reason for Bringing Jonathan On Board 21:12 - Impact of the 20M Private Placement on the Company’s shareholder Base 22:35 - Predictions on the Future of the Nickel Market 25:44 - Outro — Crux Investor is an investing app for busy people. For a small, monthly membership fee you’ll receive a single stock recommendation each month, curated by industry experts and presented in a clear and focused one-page memo. Head to Crux Investor to learn more and to sign up for your time-saving, stress-slaying membership today. Learn more: https://cruxinvestor.com Sign up for Crux Investor: https://cruxinvestor.com