Magna Terra Expands the Rocky Brook Project, New Brunswick

Magna Terra Minerals Inc. has staked 7 new claims totaling 5,770 hectares on its Rocky Brook Project in New Brunswick, expanding the total project footprint to 36,533 hectares across 83 mineral claims. The acquisition strategically covers known mineralized trends and geochemical anomalies within the Bathurst Mining Camp, including areas adjacent to Kinross-Puma's Lynx Zone gold discovery and historic VMS deposits. Technical highlights include historical grab sample assays up to 16.65% Cu at Fossil Hill Zone and 5.23 g/t Au at Fournier Lake. The company plans to update shareholders on spring/summer field programs in the coming weeks. This follows a pattern of aggressive land assembly seen throughout 2025 and early 2026, including the acquisition of the Shellbird Gold Project (May 7) and Oxford Project (Jan 29).

The news is categorized as Routine - Positive because it represents an incremental expansion of a known strategy rather than a fundamental shift in valuation or risk profile. While covering "known mineralized trends" adjacent to Kinross-Puma's Lynx Zone adds strategic narrative value, staking claims alone does not constitute a discovery without drill results or assay confirmation on the new ground. The market has already priced in the company's aggressive land assembly strategy over the past 12 months, evidenced by the share price appreciation from $0.07 to a high of $0.21. This announcement reinforces the existing thesis but does not materially alter the immediate financial outlook or risk/reward ratio compared to previous staking announcements (e.g., Shellbird in May). It is expected behavior for an exploration company focused on district-scale land packages and should be viewed as operational progress rather than a catalyst for significant re-rating without subsequent assay data.

Magna Terra Minerals Inc. focuses on discovering district-scale projects in Atlantic Canada (New Brunswick, Newfoundland) and Southern Argentina. The flagship project is the Rocky Brook Project in New Brunswick's Bathurst Mining Camp, a prolific VMS camp hosting over 46 mineral deposits. The company also holds the Humber Copper-Cobalt Project in Newfoundland, which has shown significant copper-cobalt anomalies (up to 1.26% Cu). Other key assets include Cape Spencer Gold Project (inferred resource of ~151,000 oz Au) and optioned projects in Argentina (Luna Roja, Boleadora). The company operates with a lean management team and relies heavily on exploration assistance programs for funding.