Magna Terra identifies five targets at Rocky Brook

Executive Summary

• Magna Terra Minerals Inc. has identified five high-priority exploration targets at its Rocky Brook project in the Bathurst Mining Camp, New Brunswick, with a cumulative strike length of at least 30 kilometres.
• The targets were identified using a combination of regional airborne geophysical data review and a machine learning study conducted by Windfall Geotek Corp., supplemented by analysis from Mira Geoscience Ltd.
• The company has expanded its land package by staking seven additional claims (305 hectares) in the Restigouche and Orvan Brook prospect areas, bringing its total holdings to 18,999 hectares.

Key Details

• Target Identification Methodology:
  • Utilized Windfall Geotek’s proprietary machine learning algorithm trained on regional data to create predictive models for copper and zinc mineralization.
  • Engaged Mira Geoscience Ltd. to analyze historic regional airborne electromagnetic (2000 MegaTEM) and gravity (2009 Bell Geospace and 2013 HeliFALCON) data sets.
• Five Priority Targets Identified:
  • Restigouche Trend: 4.2-kilometre-long zone of elevated Cu-Zn mineralization including C-4 and C-5 footwall zones. Geophysical properties (high conductance/gravity) suggest potential for massive sulphides or footwall stringer systems similar to the Murray Brook deposit.
  • Mount Ganong Trend: 4.8-kilometre-long predictive Cu-Zn trend with high conductance and distinct gravity anomalies, located 10 km southeast of the Restigouche deposit.
  • Boudreau Brook-Fossil Hill Trend: 15-kilometre cumulative strike length. Includes known occurrences with historical grab samples returning 3% Cu at Boudreau Brook and 16.65% Cu / 0.64% Co at Fossil Hill.
  • Orvan Brook Trend: Six kilometres across three zones showing combined anomalous soil/rock geochemistry with coincident gravity and conductivity highs.
  • Cook Savoie Trend: 1.8-kilometre-long predictive Cu-Zn target with coincident airborne conductivity and gravity anomalies near the contact of Tetagouche group felsic volcanics and Miramichi group sediments.
• Land Expansion:
  • Acquired seven new claims by staking.
  • Total new area: 305 hectares.
  • Locations: Restigouche and Orvan Brook prospect areas.
• Project Highlights & Historical Data:
  • Fournier Lake: 2023 discovery of high-grade gold grab samples assaying up to 5.23 g/t Au over a 400-metre area.
  • Fossil Hill Zone: Historical grab samples up to 16.65% Cu and 0.64% Co.
  • Boudreau Brook Prospect: Historical copper mineralization up to 3% Cu.
  • Restigouche C-4/C-5 Footwall:
    • Hole C-4: 4.36 m grading 0.2% Cu, 1.6% Pb, and 6.74% Zn (from 17.3 to 21.6 m).
    • Hole C-5: 4.5 m grading 2.06% Cu and 0.57% Zn (from 51.9 to 56.4 m).
  • Strategic Positioning: Adjacent to Kinross-Puma’s Lynx zone gold discovery and the past-producing Caribou mine and Murray Brook deposit.
  • Property Size: 18,999 hectares across 65 mineral claims.
• Financial Assistance:
  • Received partial financial assistance from the Province of New Brunswick under the junior mining assistance program.

Notable Quotes

• "We are excited to incorporate the results of both the Windfall Geotek and Mira Geoscience's analysis of the regional project data in our project exploration planning. The combination of machine learning and traditional approaches to analyzing historic data from the project have generated a number of high-priority geological trends that support and enhance the discovery potential on the Rocky Brook project." — Lew Lawrick, President and CEO