Magna Mining – Q1 2025 Financials, Operations, & Development At McCreedy West and Levack Exploration

Jason Jessup, CEO and Director of Magna Mining (TSX.V: NICU) (OTCQX: MGMNF), joins me for a review of Q1 financials and operations update at the producing McCreedy West copper mine in Sudbury, Canada. We also review the ongoing #exploration and #development work at the Levack Mine, working towards and updated resource estimate in Q3 and mine restart plan by year-end. There are currently 4 drill rigs turning between the 2 properties. We kick off the conversation with a review of Q1 2025 financials and how production and development has been going over the last few months at their McCreedy West Copper Mine, since the company took over the operations from KGHM International on February 28, 2025. The quarter included 1 month of production from McCreedy West coming in at 790,000 lbs of #copper equivalent payable in March; and with the total ore processed being 20,388 tonnes at an average grade of 3.01% copper equivalent. The end of Q1 cash balance for the Company was $38.3 million….