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Magna Mining Inc. (NICU) MLV-26-14A W1 Drill Intercept — Strikepoint News | Strikepoint News

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NICU · MLV-26-14A W1 · 2026-10-08

Drill dossier

Magna Mining Inc. (NICU)

Name: Magna Mining Inc. (NICU) MLV-26-14A W1 drill intercept
Creator: Strikepoint News
License: https://creativecommons.org/licenses/by/4.0/

CuEq intercept — MLV-26-14A W1 at Levack Mine

Announced 2026-10-08

Company: Magna Mining Inc.
Ticker: NICU
Property: Levack Mine
Metal: CuEq
Hole ID: MLV-26-14A W1
Width: 3.4 m
Grade: 29.7 %
Gram-metres: 100.98 g·m
Value per tonne (live spot): $3,358.54
Precious-metal value (nugget): $1,616 (48% of value)
Residual value (net, est.)

$2,896

View technical chart Model recovery & costs Source filing (SEDAR+)

Value per tonne is the gross in-situ rock value at today's spot prices, before recovery, mining, processing, royalties, or metallurgy — recomputed live on every page load. The nugget is the share of that value from precious metals (gold, silver, platinum, palladium, rhodium). Residual value estimates the net realizable value after recovery and operating cost — it assumes 90% recovery for precious metals, 85% for base metals, and $40/t operating cost; model your own assumptions in the calculator. Informational only; read the original NI 43-101 or JORC filing before drawing conclusions.