Magma Metals Ltd.

Magma Metals is pleased to provide an update on its exploration activities at the Thunder Bay North platinum-palladium-copper-nickel project and its regional exploration program in northwest Ontario, Canada. Wide-spaced drilling has returned encouraging results, including 5m @ 3.76g/t Pt+Pd, 0.77% Cu & 0.32% Ni, up to 1km east of the mineral resource in the Current Lake Intrusive Complex.

Magma is pleased to advise that a Communications Protocol has been signed with the three First Nation communities most closely associated with Magma's Thunder Bay North project. The Protocol, negotiated between Magma and the First Nation Communities of Fort William First Nation, Red Rock Indian Band and Biinjitiwaabik Zaaging Anishinaabek establishes a process by which Magma and the communities will communicate and [...]

Magma is pleased to advise that it intends to spin-out its West Australian gold projects in a new gold focused exploration company, to be named Greenstone Metals Limited), subject to completion of commercial and legal agreements and relevant approvals. The decision by Magma to transfer its Lake Grace, Griffins Find, Laura River, Roe and Mt Jewell projects to Greenstone will allow the Company to focus all its [...]