Magna Terra acquires 6,450 ha by staking at Humber

Executive Summary

• Magna Terra identified airborne conductive zones coincident with cobalt‑bearing lake sediments and added five new mineral licences (6,450 ha), expanding the Humber project to 49,925 ha.
• New rock‑grab assays from the Hughes Lake trend show up to 1.26 % Cu, 0.07 % Cu in bulk samples, 422 ppb Au, and Ag grades up to 4.1 g/t, defining a minimum 1 km copper mineralized strike length that is open at depth and along strike.
• The company engaged Atrium Research Corp. for a 12‑month research‑and‑interview program (cash compensation $4,000/mo), subject to TSX‑V approval.

Key Details

• Land Expansion: 5 additional licences (6,450 ha) staked; total Humber land package now 21 licences covering 49,925 ha.
• Airborne VTEM Plus Survey: Conducted 29 May–11 July 2025; 200‑m line spacing, 2,000‑m tie lines; 2,436 km of flight lines. Preliminary interpretation shows linear magnetic anomalies and kilometre‑scale conductive trends that align with cobalt‑rich lake sediment anomalies.
• Assay Program – Hughes Lake Trend:
• 61 rock grab samples collected (20 from outcrop).
• Cu grades: 28 ppm to 12,600 ppm; 11 samples >0.12 % Cu, highest 1.26 % Cu.
• Ag grades up to 4.1 g/t.
• Au detected up to 422 ppb in mafic volcanic veins – first gold discovery on the project.
• Mineralogy: Chalcopyrite‑bornite‑malachite mineralization hosted in dolomitized limestone and altered clastic sediments; associated pyrite, specular hematite, quartz‑carbonate veining, and localized malachite.
• Geochemical Context: Historic lake sediment data show elevated Co (≤160 ppm), Ag (≤0.6 ppm), Pb (≤84 ppm), Cu (≤185 ppm), As (≤142 ppm), Mo (≤15 ppm) and Au (≤10 ppb); PCA suggests a black‑shale source, supporting SSC‑type deposit potential.
• Future Work: Planned regional geochemical sampling, additional prospecting, mapping, and follow‑up fieldwork targeting conductive zones identified by the VTEM survey; 1,700 soil samples already collected.
• Funding Acknowledgement: Financial assistance received from the Province of Newfoundland & Labrador and the Atlantic Canada Opportunities Agency under the junior exploration assistance program.
• Atrium Research Engagement:
• Services: research reports and recorded management interviews.
• Compensation: $4,000 per month cash for 12 months (Sept 2 2025‑Aug 31 2026).
• Subject to TSX‑V Exchange approval; Atrium holds no equity or options in Magna Terra.
• Qualified Person: David A. Copeland, P.Geo., non‑independent consultant, NI 43‑101 qualified person.

Notable Quotes

“We are very pleased with the additional copper results from our new discovery at the Humber project… The zone of in‑situ Cu mineralization is open along strike and downdip.” – Lew Lawrick, President & CEO

All non‑material boilerplate, safe‑harbor statements, and company background have been omitted for brevity.