Northwire Canada EditionTuesday, September 29, 2026
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GOLD 4186.90 +0.4% SILVER 61.13 −1.0% COPPER 6.61 −0.3% OIL 90.78 −2.0% PALLADIUM 1220.75 −0.2% VCT 0.035 +0.0% AVL 7.30 +0.0% BMR 0.170 +0.0% SLR 0.820 +0.0% RUA 1.35 +0.0% MTT 0.285 +0.0% SALT 1.50 +0.0% NAU 1.10 +0.0% NTH 0.170 +0.0% KLD 2.15 +0.0% BBB 0.610 +0.0% MD 0.395 +0.0% KRI 0.200 +0.0% ZLTO 0.055 +0.0% LOT 0.030 +0.0% SOI 0.200 +0.0% GOLD 4186.90 +0.4% SILVER 61.13 −1.0% COPPER 6.61 −0.3% OIL 90.78 −2.0% PALLADIUM 1220.75 −0.2% VCT 0.035 +0.0% AVL 7.30 +0.0% BMR 0.170 +0.0% SLR 0.820 +0.0% RUA 1.35 +0.0% MTT 0.285 +0.0% SALT 1.50 +0.0% NAU 1.10 +0.0% NTH 0.170 +0.0% KLD 2.15 +0.0% BBB 0.610 +0.0% MD 0.395 +0.0% KRI 0.200 +0.0% ZLTO 0.055 +0.0% LOT 0.030 +0.0% SOI 0.200 +0.0%
Drill Results Routine +

Magna Terra Reports Additional Prospecting Results and Commences Airborne Magnetic and Electromagnetic Survey at the Prospect Or's Dream Epithermal Gold Project, New Brunswick

Magna Terra advances Prospect Or’s Dream epithermal gold target in New Brunswick with airborne survey and grab assays.

By The Northwire Desk — AI Analysis Sep 29, 2026 · 08:01 MTT · 0.285 Magna Terra Minerals Inc.
Executive Summary

Magna Terra Minerals Inc. has launched a 1,221 line-kilometre helicopter-borne geophysical survey at its Prospect Or's Dream Project in New Brunswick. Utilizing VTEM™ Plus and magnetic gradiometer technology, the survey aims to guide exploration for epithermal Au-Ag-Sb deposits.

The company also reported assay results from 264 of 338 rock grab samples collected at the site. The samples returned grades up to 1.97 g/t gold, which supports the presence of a low-sulphidation epithermal environment.

In Newfoundland, optionee Gold Hunter Resources has concluded its drilling program at the Great Northern Project. The program comprised 13 holes totaling 2,879 metres, with assay results currently pending.

Additionally, Magna Terra Minerals Inc. added 2,875 hectares to the Prospect Or's Dream land package. The company also received partial financial assistance from the Province of New Brunswick under the Junior Mining Assistance Program.

Material Impact

The company expects the commencement of an airborne survey and the continuation of rock grab sampling as incremental steps in the early-stage exploration of the Prospect Or's Dream project.

Additionally, the update addresses completed drilling at Gold Hunter. Results from this drilling are pending and will be released by the optionee.

MTT · Price
Company Overview

Magna Terra Minerals Inc. (TSXV: MTT) is an exploration-stage company focused on district-scale mineral properties in Atlantic Canada and Argentina. Its portfolio is diversified across multiple early-stage projects, including the Prospect Or's Dream epithermal gold project in New Brunswick, the Humber copper-cobalt project in Newfoundland, and the Rocky Brook polymetallic project in the Bathurst Mining Camp. The Great Northern project in Newfoundland is optioned to Gold Hunter Resources, while the Luna Roja project in Argentina is optioned to Lunex Metals.

All projects are currently in the exploration phase, with no mineral resources or reserves defined. The company is focused on soil sampling, geophysics, trenching, and drilling to generate targets and advance projects toward partnerships or monetization.

Read the original news release →

More from Magna Terra Minerals Inc.

Sep 24, 2026 · 08:01

Magna Terra secures $3.75m financing and eliminates argentine nsr to bolster its district-scale exploration pipeline.

M&A / Property Sep 22, 2026 · 08:01

Magna Terra upsized its $3.75 million financing to secure exploration capital for its Atlantic Canada and Argentina projects.

Financings Sep 03, 2026 · 08:01

Magna Terra upsized its $3.75 million financing to secure an exploration runway for its Atlantic assets.

Financings Sep 01, 2026 · 08:01

Magna Terra secures $2m financing to fuel exploration drives at its Atlantic Canada projects.

Financings Aug 20, 2026 · 08:01

Magna Terra expands Prospect Or's Dream footprint in New Brunswick through early-stage epithermal gold prospecting.

Drill Results Jul 15, 2026 · 08:01

Magna Terra reports broad low-grade gold-silver epithermal hits at Luna Roja that extend the strike but lack sufficient grade and true width to re-rate the deposit.

Drill Results