# Magna Mining Intersects 29.7% Copper Equivalent over 3.4 metres, consisting of 9.4% Copper, 2.3% Nickel, 19.8 g/t Gold and 8.8 g/t Platinum + Palladium within the R2 Footwall Zone at the Levack Mine in Sudbury, Ontario

Canonical Atlas analysis: https://atlas-staging.minestarters.com/news/magna-mining-intersects-29-7-copper-equivalent-over-3-4-metres-consisting-of-9-4--5553b662-8f50-4461-9f89-add2fc88536c

Original source: https://money.tmx.com/en/quote/NICU/news/4898727568353435/magna-mining-intersects-29-7-copper-equivalent-over-3-4-metres-consisting-of-9-4

Publisher: tmx

Original announcement: 2026-06-22T10:45:00.000Z

Analysis by Minestarters Atlas

Atlas analysis published: Unknown date

Atlas analysis updated: Unknown date

- Company: Magna Mining Inc.

- Ticker: NICU

- Exchange: TSX

- Region: Ontario

- Primary commodity: Copper

- Secondary commodities: Nickel, Gold, Platinum, Palladium, Silver, Cobalt

- Document categories: Drill results

- Extracted: 2026-08-22 02:47:27 UTC

Narrative sentiment: 0.90 · Bullish

## Minestarters Atlas summary

Magna Mining Inc. has reported high-grade drill results from ongoing exploration at its past-producing Levack Mine in Sudbury, Ontario, including a bonanza intercept of 29.7% Copper Equivalent over 3.4 metres. These new results, from both surface and underground drilling, continue to define and expand the copper-rich massive sulphide vein system within the R2 Footwall Zone. The company plans further drilling to expand mineralization up-dip and infill existing areas, with underground development progressing towards new drill platforms.

Reasoning: The drill results report multiple bonanza-grade copper equivalent intercepts, including the highest grade-thickness to date, and indicate successful step-out and infill drilling expanding the R2 Footwall Zone. QA/QC procedures are disclosed, and a Qualified Person has approved the technical information. However, true widths are only estimated, not explicitly stated for each intercept.

- Positive factor: bonanza\_intercept

- Positive factor: step\_out\_extension

- Positive factor: qaqc\_disclosed

- Positive factor: qp\_signed

- Negative factor: apparent\_width\_only

Facts used in scoring: 90

## Classification and evidence

No classification tags are available.

## Extracted facts

Stored fact records: 90. Some facts used in scoring do not have a stored record.

## Drill Results (90)

### MLV-25-14A W2

[Link to this fact](https://atlas-staging.minestarters.com/news/magna-mining-intersects-29-7-copper-equivalent-over-3-4-metres-consisting-of-9-4--5553b662-8f50-4461-9f89-add2fc88536c#fact-drill-facts-0)

Levack · copper

#### Identity

- Hole ID: MLV-25-14A W2
- Project: Levack
- Commodity: copper
- Region: canada\_on
- Reported Region: Ontario
- Ticker: NICU

#### Geometry

- Grade: 4.6
- Grade Unit: %
- Intercept: 3.36 m
- From: 890.6 m
- To: 894 m
- Hole Depth: 1185 m

#### Classification

- Deposit Type: vms
- Program: mixed
- Sample Type: drill
- Group ID: MLV-25-14A W2:890.6-894.0
- Mining Method: underground

#### Location

- Easting: 472184
- Northing: 5166958
- Elevation: 341 m
- Azimuth: 162 °
- Dip: 80 °
- Loc. Confidence: high

#### QA/QC

- Laboratory: SGS Laboratories
- QA/QC Disclosed: Yes
- Lab Certified: Yes
- QP Signed: Yes
- QA/QC Methods: blanks, standards

#### Metal Equivalent

- Metal Eq. Grade: 5.33
- Metal Eq. Unit: % CuEq
- Assumptions Disclosed: Yes

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2026-06-22T00:00:00.000Z

Reasoning: Copper equivalent grade of 5.33% over 3.36m is a strong intercept for a VMS deposit.

- Negative factor: apparent\_width\_only

Evidence · table

> 5.33

Context: 3.36

### MLV-25-14A W2

[Link to this fact](https://atlas-staging.minestarters.com/news/magna-mining-intersects-29-7-copper-equivalent-over-3-4-metres-consisting-of-9-4--5553b662-8f50-4461-9f89-add2fc88536c#fact-drill-facts-1)

Levack · nickel

#### Identity

- Hole ID: MLV-25-14A W2
- Project: Levack
- Commodity: nickel
- Region: canada\_on
- Reported Region: Ontario
- Ticker: NICU

#### Geometry

- Grade: 0.1
- Grade Unit: %
- Intercept: 3.36 m
- From: 890.6 m
- To: 894 m
- Hole Depth: 1185 m

#### Classification

- Deposit Type: vms
- Program: mixed
- Sample Type: drill
- Group ID: MLV-25-14A W2:890.6-894.0
- Mining Method: underground

#### Location

- Easting: 472184
- Northing: 5166958
- Elevation: 341 m
- Azimuth: 162 °
- Dip: 80 °
- Loc. Confidence: high

#### QA/QC

- Laboratory: SGS Laboratories
- QA/QC Disclosed: Yes
- Lab Certified: Yes
- QP Signed: Yes
- QA/QC Methods: blanks, standards

#### Metal Equivalent

- Metal Eq. Grade: 3.37
- Metal Eq. Unit: % NiEq
- Assumptions Disclosed: Yes

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2026-06-22T00:00:00.000Z

Reasoning: Nickel equivalent grade of 3.37% over 3.36m is a strong intercept for a VMS deposit.

- Negative factor: apparent\_width\_only

Evidence · table

> 3.37

Context: 3.36

### MLV-25-14A W2

[Link to this fact](https://atlas-staging.minestarters.com/news/magna-mining-intersects-29-7-copper-equivalent-over-3-4-metres-consisting-of-9-4--5553b662-8f50-4461-9f89-add2fc88536c#fact-drill-facts-2)

Levack · cobalt

#### Identity

- Hole ID: MLV-25-14A W2
- Project: Levack
- Commodity: cobalt
- Region: canada\_on
- Reported Region: Ontario
- Ticker: NICU

#### Geometry

- Grade: 0.01
- Grade Unit: %
- Intercept: 3.36 m
- From: 890.6 m
- To: 894 m
- Hole Depth: 1185 m

#### Classification

- Deposit Type: vms
- Program: mixed
- Sample Type: drill
- Group ID: MLV-25-14A W2:890.6-894.0
- Mining Method: underground

#### Location

- Easting: 472184
- Northing: 5166958
- Elevation: 341 m
- Azimuth: 162 °
- Dip: 80 °
- Loc. Confidence: high

#### QA/QC

- Laboratory: SGS Laboratories
- QA/QC Disclosed: Yes
- Lab Certified: Yes
- QP Signed: Yes
- QA/QC Methods: blanks, standards

#### Metal Equivalent

- Assumptions Disclosed: Yes

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2026-06-22T00:00:00.000Z

Reasoning: Cobalt grade of 0.01% over 3.36m is a weak intercept for a VMS deposit.

- Negative factor: apparent\_width\_only

Evidence · table

> 0.01

Context: 3.36

### MLV-25-14A W2

[Link to this fact](https://atlas-staging.minestarters.com/news/magna-mining-intersects-29-7-copper-equivalent-over-3-4-metres-consisting-of-9-4--5553b662-8f50-4461-9f89-add2fc88536c#fact-drill-facts-3)

Levack · platinum

#### Identity

- Hole ID: MLV-25-14A W2
- Project: Levack
- Commodity: platinum
- Region: canada\_on
- Reported Region: Ontario
- Ticker: NICU

#### Geometry

- Grade: 0.38
- Grade Unit: g/t
- Intercept: 3.36 m
- From: 890.6 m
- To: 894 m
- Hole Depth: 1185 m

#### Classification

- Deposit Type: vms
- Program: mixed
- Sample Type: drill
- Group ID: MLV-25-14A W2:890.6-894.0
- Mining Method: underground

#### Location

- Easting: 472184
- Northing: 5166958
- Elevation: 341 m
- Azimuth: 162 °
- Dip: 80 °
- Loc. Confidence: high

#### QA/QC

- Laboratory: SGS Laboratories
- QA/QC Disclosed: Yes
- Lab Certified: Yes
- QP Signed: Yes
- QA/QC Methods: blanks, standards

#### Metal Equivalent

- Assumptions Disclosed: Yes

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2026-06-22T00:00:00.000Z

Reasoning: Platinum grade of 0.38 g/t over 3.36m is a weak intercept for a VMS deposit.

- Negative factor: apparent\_width\_only

Evidence · table

> 0.38

Context: 3.36

### MLV-25-14A W2

[Link to this fact](https://atlas-staging.minestarters.com/news/magna-mining-intersects-29-7-copper-equivalent-over-3-4-metres-consisting-of-9-4--5553b662-8f50-4461-9f89-add2fc88536c#fact-drill-facts-4)

Levack · palladium

#### Identity

- Hole ID: MLV-25-14A W2
- Project: Levack
- Commodity: palladium
- Region: canada\_on
- Reported Region: Ontario
- Ticker: NICU

#### Geometry

- Grade: 1.68
- Grade Unit: g/t
- Intercept: 3.36 m
- From: 890.6 m
- To: 894 m
- Hole Depth: 1185 m

#### Classification

- Deposit Type: vms
- Program: mixed
- Sample Type: drill
- Group ID: MLV-25-14A W2:890.6-894.0
- Mining Method: underground

#### Location

- Easting: 472184
- Northing: 5166958
- Elevation: 341 m
- Azimuth: 162 °
- Dip: 80 °
- Loc. Confidence: high

#### QA/QC

- Laboratory: SGS Laboratories
- QA/QC Disclosed: Yes
- Lab Certified: Yes
- QP Signed: Yes
- QA/QC Methods: blanks, standards

#### Metal Equivalent

- Assumptions Disclosed: Yes

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2026-06-22T00:00:00.000Z

Reasoning: Palladium grade of 1.68 g/t over 3.36m is a moderate intercept for a VMS deposit.

- Negative factor: apparent\_width\_only

Evidence · table

> 1.68

Context: 3.36

### MLV-25-14A W2

[Link to this fact](https://atlas-staging.minestarters.com/news/magna-mining-intersects-29-7-copper-equivalent-over-3-4-metres-consisting-of-9-4--5553b662-8f50-4461-9f89-add2fc88536c#fact-drill-facts-5)

Levack · gold

#### Identity

- Hole ID: MLV-25-14A W2
- Project: Levack
- Commodity: gold
- Region: canada\_on
- Reported Region: Ontario
- Ticker: NICU

#### Geometry

- Grade: 0.39
- Grade Unit: g/t
- Intercept: 3.36 m
- From: 890.6 m
- To: 894 m
- Hole Depth: 1185 m

#### Classification

- Deposit Type: vms
- Program: mixed
- Sample Type: drill
- Group ID: MLV-25-14A W2:890.6-894.0
- Mining Method: underground

#### Location

- Easting: 472184
- Northing: 5166958
- Elevation: 341 m
- Azimuth: 162 °
- Dip: 80 °
- Loc. Confidence: high

#### QA/QC

- Laboratory: SGS Laboratories
- QA/QC Disclosed: Yes
- Lab Certified: Yes
- QP Signed: Yes
- QA/QC Methods: blanks, standards

#### Metal Equivalent

- Assumptions Disclosed: Yes

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2026-06-22T00:00:00.000Z

Reasoning: Gold grade of 0.39 g/t over 3.36m is a weak intercept for a VMS deposit.

- Negative factor: apparent\_width\_only

Evidence · table

> 0.39

Context: 3.36

### MLV-25-14A W2

[Link to this fact](https://atlas-staging.minestarters.com/news/magna-mining-intersects-29-7-copper-equivalent-over-3-4-metres-consisting-of-9-4--5553b662-8f50-4461-9f89-add2fc88536c#fact-drill-facts-6)

Levack · silver

#### Identity

- Hole ID: MLV-25-14A W2
- Project: Levack
- Commodity: silver
- Region: canada\_on
- Reported Region: Ontario
- Ticker: NICU

#### Geometry

- Grade: 22.92
- Grade Unit: g/t
- Intercept: 3.36 m
- From: 890.6 m
- To: 894 m
- Hole Depth: 1185 m

#### Classification

- Deposit Type: vms
- Program: mixed
- Sample Type: drill
- Group ID: MLV-25-14A W2:890.6-894.0
- Mining Method: underground

#### Location

- Easting: 472184
- Northing: 5166958
- Elevation: 341 m
- Azimuth: 162 °
- Dip: 80 °
- Loc. Confidence: high

#### QA/QC

- Laboratory: SGS Laboratories
- QA/QC Disclosed: Yes
- Lab Certified: Yes
- QP Signed: Yes
- QA/QC Methods: blanks, standards

#### Metal Equivalent

- Assumptions Disclosed: Yes

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2026-06-22T00:00:00.000Z

Reasoning: Silver grade of 22.92 g/t over 3.36m is a weak intercept for a VMS deposit.

- Negative factor: apparent\_width\_only

Evidence · table

> 22.92

Context: 3.36

### MLV-25-14A W2

[Link to this fact](https://atlas-staging.minestarters.com/news/magna-mining-intersects-29-7-copper-equivalent-over-3-4-metres-consisting-of-9-4--5553b662-8f50-4461-9f89-add2fc88536c#fact-drill-facts-7)

Levack · copper

#### Identity

- Hole ID: MLV-25-14A W2
- Project: Levack
- Commodity: copper
- Region: canada\_on
- Reported Region: Ontario
- Ticker: NICU

#### Geometry

- Intercept: 0.66 m
- From: 890.6 m
- To: 891.3 m
- Hole Depth: 1185 m

#### Classification

- Deposit Type: vms
- Program: mixed
- Sample Type: drill
- Group ID: MLV-25-14A W2:890.6-891.3
- Mining Method: underground

#### Location

- Easting: 472184
- Northing: 5166958
- Elevation: 341 m
- Azimuth: 162 °
- Dip: 80 °
- Loc. Confidence: high

#### QA/QC

- Laboratory: SGS Laboratories
- QA/QC Disclosed: Yes
- Lab Certified: Yes
- QP Signed: Yes
- QA/QC Methods: blanks, standards

#### Metal Equivalent

- Metal Eq. Grade: 19.12
- Metal Eq. Unit: % CuEq
- Assumptions Disclosed: Yes

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2026-06-22T00:00:00.000Z

Reasoning: Copper equivalent grade of 19.12% over 0.66m is an exceptional intercept for a VMS deposit.

- Positive factor: bonanza\_intercept

- Negative factor: apparent\_width\_only

Evidence · table

> 19.12

Context: 0.66

### MLV-25-14A W2

[Link to this fact](https://atlas-staging.minestarters.com/news/magna-mining-intersects-29-7-copper-equivalent-over-3-4-metres-consisting-of-9-4--5553b662-8f50-4461-9f89-add2fc88536c#fact-drill-facts-8)

Levack · nickel

#### Identity

- Hole ID: MLV-25-14A W2
- Project: Levack
- Commodity: nickel
- Region: canada\_on
- Reported Region: Ontario
- Ticker: NICU

#### Geometry

- Intercept: 0.66 m
- From: 890.6 m
- To: 891.3 m
- Hole Depth: 1185 m

#### Classification

- Deposit Type: vms
- Program: mixed
- Sample Type: drill
- Group ID: MLV-25-14A W2:890.6-891.3
- Mining Method: underground

#### Location

- Easting: 472184
- Northing: 5166958
- Elevation: 341 m
- Azimuth: 162 °
- Dip: 80 °
- Loc. Confidence: high

#### QA/QC

- Laboratory: SGS Laboratories
- QA/QC Disclosed: Yes
- Lab Certified: Yes
- QP Signed: Yes
- QA/QC Methods: blanks, standards

#### Metal Equivalent

- Metal Eq. Grade: 12.09
- Metal Eq. Unit: % NiEq
- Assumptions Disclosed: Yes

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2026-06-22T00:00:00.000Z

Reasoning: Nickel equivalent grade of 12.09% over 0.66m is an exceptional intercept for a VMS deposit.

- Positive factor: bonanza\_intercept

- Negative factor: apparent\_width\_only

Evidence · table

> 12.09

Context: 0.66

### MLV-25-14A W2

[Link to this fact](https://atlas-staging.minestarters.com/news/magna-mining-intersects-29-7-copper-equivalent-over-3-4-metres-consisting-of-9-4--5553b662-8f50-4461-9f89-add2fc88536c#fact-drill-facts-9)

Levack · cobalt

#### Identity

- Hole ID: MLV-25-14A W2
- Project: Levack
- Commodity: cobalt
- Region: canada\_on
- Reported Region: Ontario
- Ticker: NICU

#### Geometry

- Grade: 0.01
- Grade Unit: %
- Intercept: 0.66 m
- From: 890.6 m
- To: 891.3 m
- Hole Depth: 1185 m

#### Classification

- Deposit Type: vms
- Program: mixed
- Sample Type: drill
- Group ID: MLV-25-14A W2:890.6-891.3
- Mining Method: underground

#### Location

- Easting: 472184
- Northing: 5166958
- Elevation: 341 m
- Azimuth: 162 °
- Dip: 80 °
- Loc. Confidence: high

#### QA/QC

- Laboratory: SGS Laboratories
- QA/QC Disclosed: Yes
- Lab Certified: Yes
- QP Signed: Yes
- QA/QC Methods: blanks, standards

#### Metal Equivalent

- Assumptions Disclosed: Yes

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2026-06-22T00:00:00.000Z

Reasoning: Cobalt grade of 0.01% over 0.66m is a weak intercept for a VMS deposit.

- Negative factor: apparent\_width\_only

Evidence · table

> 0.01

Context: 0.66

### MLV-25-14A W2

[Link to this fact](https://atlas-staging.minestarters.com/news/magna-mining-intersects-29-7-copper-equivalent-over-3-4-metres-consisting-of-9-4--5553b662-8f50-4461-9f89-add2fc88536c#fact-drill-facts-10)

Levack · platinum

#### Identity

- Hole ID: MLV-25-14A W2
- Project: Levack
- Commodity: platinum
- Region: canada\_on
- Reported Region: Ontario
- Ticker: NICU

#### Geometry

- Grade: 1.08
- Grade Unit: g/t
- Intercept: 0.66 m
- From: 890.6 m
- To: 891.3 m
- Hole Depth: 1185 m

#### Classification

- Deposit Type: vms
- Program: mixed
- Sample Type: drill
- Group ID: MLV-25-14A W2:890.6-891.3
- Mining Method: underground

#### Location

- Easting: 472184
- Northing: 5166958
- Elevation: 341 m
- Azimuth: 162 °
- Dip: 80 °
- Loc. Confidence: high

#### QA/QC

- Laboratory: SGS Laboratories
- QA/QC Disclosed: Yes
- Lab Certified: Yes
- QP Signed: Yes
- QA/QC Methods: blanks, standards

#### Metal Equivalent

- Assumptions Disclosed: Yes

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2026-06-22T00:00:00.000Z

Reasoning: Platinum grade of 1.08 g/t over 0.66m is a moderate intercept for a VMS deposit.

- Negative factor: apparent\_width\_only

Evidence · table

> 1.08

Context: 0.66

### MLV-25-14A W2

[Link to this fact](https://atlas-staging.minestarters.com/news/magna-mining-intersects-29-7-copper-equivalent-over-3-4-metres-consisting-of-9-4--5553b662-8f50-4461-9f89-add2fc88536c#fact-drill-facts-11)

Levack · palladium

#### Identity

- Hole ID: MLV-25-14A W2
- Project: Levack
- Commodity: palladium
- Region: canada\_on
- Reported Region: Ontario
- Ticker: NICU

#### Geometry

- Grade: 5.67
- Grade Unit: g/t
- Intercept: 0.66 m
- From: 890.6 m
- To: 891.3 m
- Hole Depth: 1185 m

#### Classification

- Deposit Type: vms
- Program: mixed
- Sample Type: drill
- Group ID: MLV-25-14A W2:890.6-891.3
- Mining Method: underground

#### Location

- Easting: 472184
- Northing: 5166958
- Elevation: 341 m
- Azimuth: 162 °
- Dip: 80 °
- Loc. Confidence: high

#### QA/QC

- Laboratory: SGS Laboratories
- QA/QC Disclosed: Yes
- Lab Certified: Yes
- QP Signed: Yes
- QA/QC Methods: blanks, standards

#### Metal Equivalent

- Assumptions Disclosed: Yes

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2026-06-22T00:00:00.000Z

Reasoning: Palladium grade of 5.67 g/t over 0.66m is an exceptional intercept for a VMS deposit.

- Positive factor: bonanza\_intercept

- Negative factor: apparent\_width\_only

Evidence · table

> 5.67

Context: 0.66

### MLV-25-14A W2

[Link to this fact](https://atlas-staging.minestarters.com/news/magna-mining-intersects-29-7-copper-equivalent-over-3-4-metres-consisting-of-9-4--5553b662-8f50-4461-9f89-add2fc88536c#fact-drill-facts-12)

Levack · gold

#### Identity

- Hole ID: MLV-25-14A W2
- Project: Levack
- Commodity: gold
- Region: canada\_on
- Reported Region: Ontario
- Ticker: NICU

#### Geometry

- Grade: 0.59
- Grade Unit: g/t
- Intercept: 0.66 m
- From: 890.6 m
- To: 891.3 m
- Hole Depth: 1185 m

#### Classification

- Deposit Type: vms
- Program: mixed
- Sample Type: drill
- Group ID: MLV-25-14A W2:890.6-891.3
- Mining Method: underground

#### Location

- Easting: 472184
- Northing: 5166958
- Elevation: 341 m
- Azimuth: 162 °
- Dip: 80 °
- Loc. Confidence: high

#### QA/QC

- Laboratory: SGS Laboratories
- QA/QC Disclosed: Yes
- Lab Certified: Yes
- QP Signed: Yes
- QA/QC Methods: blanks, standards

#### Metal Equivalent

- Assumptions Disclosed: Yes

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2026-06-22T00:00:00.000Z

Reasoning: Gold grade of 0.59 g/t over 0.66m is a weak intercept for a VMS deposit.

- Negative factor: apparent\_width\_only

Evidence · table

> 0.59

Context: 0.66

### MLV-25-14A W2

[Link to this fact](https://atlas-staging.minestarters.com/news/magna-mining-intersects-29-7-copper-equivalent-over-3-4-metres-consisting-of-9-4--5553b662-8f50-4461-9f89-add2fc88536c#fact-drill-facts-13)

Levack · silver

#### Identity

- Hole ID: MLV-25-14A W2
- Project: Levack
- Commodity: silver
- Region: canada\_on
- Reported Region: Ontario
- Ticker: NICU

#### Geometry

- Grade: 80
- Grade Unit: g/t
- Intercept: 0.66 m
- From: 890.6 m
- To: 891.3 m
- Hole Depth: 1185 m

#### Classification

- Deposit Type: vms
- Program: mixed
- Sample Type: drill
- Group ID: MLV-25-14A W2:890.6-891.3
- Mining Method: underground

#### Location

- Easting: 472184
- Northing: 5166958
- Elevation: 341 m
- Azimuth: 162 °
- Dip: 80 °
- Loc. Confidence: high

#### QA/QC

- Laboratory: SGS Laboratories
- QA/QC Disclosed: Yes
- Lab Certified: Yes
- QP Signed: Yes
- QA/QC Methods: blanks, standards

#### Metal Equivalent

- Assumptions Disclosed: Yes

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2026-06-22T00:00:00.000Z

Reasoning: Silver grade of 80.00 g/t over 0.66m is a weak intercept for a VMS deposit.

- Negative factor: apparent\_width\_only

Evidence · table

> 80.00

Context: 0.66

### MLV-25-14A W2

[Link to this fact](https://atlas-staging.minestarters.com/news/magna-mining-intersects-29-7-copper-equivalent-over-3-4-metres-consisting-of-9-4--5553b662-8f50-4461-9f89-add2fc88536c#fact-drill-facts-14)

Levack · copper

#### Identity

- Hole ID: MLV-25-14A W2
- Project: Levack
- Commodity: copper
- Region: canada\_on
- Reported Region: Ontario
- Ticker: NICU

#### Geometry

- Intercept: 10.72 m
- From: 911.3 m
- To: 922 m
- Hole Depth: 1185 m

#### Classification

- Deposit Type: vms
- Program: mixed
- Sample Type: drill
- Group ID: MLV-25-14A W2:911.3-922.0
- Mining Method: underground

#### Location

- Easting: 472184
- Northing: 5166958
- Elevation: 341 m
- Azimuth: 162 °
- Dip: 80 °
- Loc. Confidence: high

#### QA/QC

- Laboratory: SGS Laboratories
- QA/QC Disclosed: Yes
- Lab Certified: Yes
- QP Signed: Yes
- QA/QC Methods: blanks, standards

#### Metal Equivalent

- Metal Eq. Grade: 3.38
- Metal Eq. Unit: % CuEq
- Assumptions Disclosed: Yes

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2026-06-22T00:00:00.000Z

Reasoning: Copper equivalent grade of 3.38% over 10.72m is a moderate intercept for a VMS deposit.

- Negative factor: apparent\_width\_only

Evidence · table

> 3.38

Context: 10.72

### MLV-25-14A W2

[Link to this fact](https://atlas-staging.minestarters.com/news/magna-mining-intersects-29-7-copper-equivalent-over-3-4-metres-consisting-of-9-4--5553b662-8f50-4461-9f89-add2fc88536c#fact-drill-facts-15)

Levack · nickel

#### Identity

- Hole ID: MLV-25-14A W2
- Project: Levack
- Commodity: nickel
- Region: canada\_on
- Reported Region: Ontario
- Ticker: NICU

#### Geometry

- Intercept: 10.72 m
- From: 911.3 m
- To: 922 m
- Hole Depth: 1185 m

#### Classification

- Deposit Type: vms
- Program: mixed
- Sample Type: drill
- Group ID: MLV-25-14A W2:911.3-922.0
- Mining Method: underground

#### Location

- Easting: 472184
- Northing: 5166958
- Elevation: 341 m
- Azimuth: 162 °
- Dip: 80 °
- Loc. Confidence: high

#### QA/QC

- Laboratory: SGS Laboratories
- QA/QC Disclosed: Yes
- Lab Certified: Yes
- QP Signed: Yes
- QA/QC Methods: blanks, standards

#### Metal Equivalent

- Metal Eq. Grade: 2.14
- Metal Eq. Unit: % NiEq
- Assumptions Disclosed: Yes

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2026-06-22T00:00:00.000Z

Reasoning: Nickel equivalent grade of 2.14% over 10.72m is a moderate intercept for a VMS deposit.

- Negative factor: apparent\_width\_only

Evidence · table

> 2.14

Context: 10.72

### MLV-25-14A W2

[Link to this fact](https://atlas-staging.minestarters.com/news/magna-mining-intersects-29-7-copper-equivalent-over-3-4-metres-consisting-of-9-4--5553b662-8f50-4461-9f89-add2fc88536c#fact-drill-facts-16)

Levack · cobalt

#### Identity

- Hole ID: MLV-25-14A W2
- Project: Levack
- Commodity: cobalt
- Region: canada\_on
- Reported Region: Ontario
- Ticker: NICU

#### Geometry

- Grade: 0.01
- Grade Unit: %
- Intercept: 10.72 m
- From: 911.3 m
- To: 922 m
- Hole Depth: 1185 m

#### Classification

- Deposit Type: vms
- Program: mixed
- Sample Type: drill
- Group ID: MLV-25-14A W2:911.3-922.0
- Mining Method: underground

#### Location

- Easting: 472184
- Northing: 5166958
- Elevation: 341 m
- Azimuth: 162 °
- Dip: 80 °
- Loc. Confidence: high

#### QA/QC

- Laboratory: SGS Laboratories
- QA/QC Disclosed: Yes
- Lab Certified: Yes
- QP Signed: Yes
- QA/QC Methods: blanks, standards

#### Metal Equivalent

- Assumptions Disclosed: Yes

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2026-06-22T00:00:00.000Z

Reasoning: Cobalt grade of 0.01% over 10.72m is a weak intercept for a VMS deposit.

- Negative factor: apparent\_width\_only

Evidence · table

> 0.01

Context: 10.72

### MLV-25-14A W2

[Link to this fact](https://atlas-staging.minestarters.com/news/magna-mining-intersects-29-7-copper-equivalent-over-3-4-metres-consisting-of-9-4--5553b662-8f50-4461-9f89-add2fc88536c#fact-drill-facts-17)

Levack · platinum

#### Identity

- Hole ID: MLV-25-14A W2
- Project: Levack
- Commodity: platinum
- Region: canada\_on
- Reported Region: Ontario
- Ticker: NICU

#### Geometry

- Grade: 0.67
- Grade Unit: g/t
- Intercept: 10.72 m
- From: 911.3 m
- To: 922 m
- Hole Depth: 1185 m

#### Classification

- Deposit Type: vms
- Program: mixed
- Sample Type: drill
- Group ID: MLV-25-14A W2:911.3-922.0
- Mining Method: underground

#### Location

- Easting: 472184
- Northing: 5166958
- Elevation: 341 m
- Azimuth: 162 °
- Dip: 80 °
- Loc. Confidence: high

#### QA/QC

- Laboratory: SGS Laboratories
- QA/QC Disclosed: Yes
- Lab Certified: Yes
- QP Signed: Yes
- QA/QC Methods: blanks, standards

#### Metal Equivalent

- Assumptions Disclosed: Yes

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2026-06-22T00:00:00.000Z

Reasoning: Platinum grade of 0.67 g/t over 10.72m is a weak intercept for a VMS deposit.

- Negative factor: apparent\_width\_only

Evidence · table

> 0.67

Context: 10.72

### MLV-25-14A W2

[Link to this fact](https://atlas-staging.minestarters.com/news/magna-mining-intersects-29-7-copper-equivalent-over-3-4-metres-consisting-of-9-4--5553b662-8f50-4461-9f89-add2fc88536c#fact-drill-facts-18)

Levack · palladium

#### Identity

- Hole ID: MLV-25-14A W2
- Project: Levack
- Commodity: palladium
- Region: canada\_on
- Reported Region: Ontario
- Ticker: NICU

#### Geometry

- Grade: 1.45
- Grade Unit: g/t
- Intercept: 10.72 m
- From: 911.3 m
- To: 922 m
- Hole Depth: 1185 m

#### Classification

- Deposit Type: vms
- Program: mixed
- Sample Type: drill
- Group ID: MLV-25-14A W2:911.3-922.0
- Mining Method: underground

#### Location

- Easting: 472184
- Northing: 5166958
- Elevation: 341 m
- Azimuth: 162 °
- Dip: 80 °
- Loc. Confidence: high

#### QA/QC

- Laboratory: SGS Laboratories
- QA/QC Disclosed: Yes
- Lab Certified: Yes
- QP Signed: Yes
- QA/QC Methods: blanks, standards

#### Metal Equivalent

- Assumptions Disclosed: Yes

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2026-06-22T00:00:00.000Z

Reasoning: Palladium grade of 1.45 g/t over 10.72m is a moderate intercept for a VMS deposit.

- Negative factor: apparent\_width\_only

Evidence · table

> 1.45

Context: 10.72

### MLV-25-14A W2

[Link to this fact](https://atlas-staging.minestarters.com/news/magna-mining-intersects-29-7-copper-equivalent-over-3-4-metres-consisting-of-9-4--5553b662-8f50-4461-9f89-add2fc88536c#fact-drill-facts-19)

Levack · gold

#### Identity

- Hole ID: MLV-25-14A W2
- Project: Levack
- Commodity: gold
- Region: canada\_on
- Reported Region: Ontario
- Ticker: NICU

#### Geometry

- Grade: 0.53
- Grade Unit: g/t
- Intercept: 10.72 m
- From: 911.3 m
- To: 922 m
- Hole Depth: 1185 m

#### Classification

- Deposit Type: vms
- Program: mixed
- Sample Type: drill
- Group ID: MLV-25-14A W2:911.3-922.0
- Mining Method: underground

#### Location

- Easting: 472184
- Northing: 5166958
- Elevation: 341 m
- Azimuth: 162 °
- Dip: 80 °
- Loc. Confidence: high

#### QA/QC

- Laboratory: SGS Laboratories
- QA/QC Disclosed: Yes
- Lab Certified: Yes
- QP Signed: Yes
- QA/QC Methods: blanks, standards

#### Metal Equivalent

- Assumptions Disclosed: Yes

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2026-06-22T00:00:00.000Z

Reasoning: Gold grade of 0.53 g/t over 10.72m is a weak intercept for a VMS deposit.

- Negative factor: apparent\_width\_only

Evidence · table

> 0.53

Context: 10.72

### MLV-25-14A W2

[Link to this fact](https://atlas-staging.minestarters.com/news/magna-mining-intersects-29-7-copper-equivalent-over-3-4-metres-consisting-of-9-4--5553b662-8f50-4461-9f89-add2fc88536c#fact-drill-facts-20)

Levack · silver

#### Identity

- Hole ID: MLV-25-14A W2
- Project: Levack
- Commodity: silver
- Region: canada\_on
- Reported Region: Ontario
- Ticker: NICU

#### Geometry

- Grade: 11.88
- Grade Unit: g/t
- Intercept: 10.72 m
- From: 911.3 m
- To: 922 m
- Hole Depth: 1185 m

#### Classification

- Deposit Type: vms
- Program: mixed
- Sample Type: drill
- Group ID: MLV-25-14A W2:911.3-922.0
- Mining Method: underground

#### Location

- Easting: 472184
- Northing: 5166958
- Elevation: 341 m
- Azimuth: 162 °
- Dip: 80 °
- Loc. Confidence: high

#### QA/QC

- Laboratory: SGS Laboratories
- QA/QC Disclosed: Yes
- Lab Certified: Yes
- QP Signed: Yes
- QA/QC Methods: blanks, standards

#### Metal Equivalent

- Assumptions Disclosed: Yes

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2026-06-22T00:00:00.000Z

Reasoning: Silver grade of 11.88 g/t over 10.72m is a weak intercept for a VMS deposit.

- Negative factor: apparent\_width\_only

Evidence · table

> 11.88

Context: 10.72

### MLV-25-14A W2

[Link to this fact](https://atlas-staging.minestarters.com/news/magna-mining-intersects-29-7-copper-equivalent-over-3-4-metres-consisting-of-9-4--5553b662-8f50-4461-9f89-add2fc88536c#fact-drill-facts-21)

Levack · copper

#### Identity

- Hole ID: MLV-25-14A W2
- Project: Levack
- Commodity: copper
- Region: canada\_on
- Reported Region: Ontario
- Ticker: NICU

#### Geometry

- Intercept: 1.52 m
- From: 915.5 m
- To: 917 m
- Hole Depth: 1185 m

#### Classification

- Deposit Type: vms
- Program: mixed
- Sample Type: drill
- Group ID: MLV-25-14A W2:915.5-917.0
- Mining Method: underground

#### Location

- Easting: 472184
- Northing: 5166958
- Elevation: 341 m
- Azimuth: 162 °
- Dip: 80 °
- Loc. Confidence: high

#### QA/QC

- Laboratory: SGS Laboratories
- QA/QC Disclosed: Yes
- Lab Certified: Yes
- QP Signed: Yes
- QA/QC Methods: blanks, standards

#### Metal Equivalent

- Metal Eq. Grade: 7.48
- Metal Eq. Unit: % CuEq
- Assumptions Disclosed: Yes

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2026-06-22T00:00:00.000Z

Reasoning: Copper equivalent grade of 7.48% over 1.52m is a strong intercept for a VMS deposit.

- Negative factor: apparent\_width\_only

Evidence · table

> 7.48

Context: 1.52

### MLV-25-14A W2

[Link to this fact](https://atlas-staging.minestarters.com/news/magna-mining-intersects-29-7-copper-equivalent-over-3-4-metres-consisting-of-9-4--5553b662-8f50-4461-9f89-add2fc88536c#fact-drill-facts-22)

Levack · nickel

#### Identity

- Hole ID: MLV-25-14A W2
- Project: Levack
- Commodity: nickel
- Region: canada\_on
- Reported Region: Ontario
- Ticker: NICU

#### Geometry

- Intercept: 1.52 m
- From: 915.5 m
- To: 917 m
- Hole Depth: 1185 m

#### Classification

- Deposit Type: vms
- Program: mixed
- Sample Type: drill
- Group ID: MLV-25-14A W2:915.5-917.0
- Mining Method: underground

#### Location

- Easting: 472184
- Northing: 5166958
- Elevation: 341 m
- Azimuth: 162 °
- Dip: 80 °
- Loc. Confidence: high

#### QA/QC

- Laboratory: SGS Laboratories
- QA/QC Disclosed: Yes
- Lab Certified: Yes
- QP Signed: Yes
- QA/QC Methods: blanks, standards

#### Metal Equivalent

- Metal Eq. Grade: 4.73
- Metal Eq. Unit: % NiEq
- Assumptions Disclosed: Yes

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2026-06-22T00:00:00.000Z

Reasoning: Nickel equivalent grade of 4.73% over 1.52m is a strong intercept for a VMS deposit.

- Negative factor: apparent\_width\_only

Evidence · table

> 4.73

Context: 1.52

### MLV-25-14A W2

[Link to this fact](https://atlas-staging.minestarters.com/news/magna-mining-intersects-29-7-copper-equivalent-over-3-4-metres-consisting-of-9-4--5553b662-8f50-4461-9f89-add2fc88536c#fact-drill-facts-23)

Levack · cobalt

#### Identity

- Hole ID: MLV-25-14A W2
- Project: Levack
- Commodity: cobalt
- Region: canada\_on
- Reported Region: Ontario
- Ticker: NICU

#### Geometry

- Grade: 0.01
- Grade Unit: %
- Intercept: 1.52 m
- From: 915.5 m
- To: 917 m
- Hole Depth: 1185 m

#### Classification

- Deposit Type: vms
- Program: mixed
- Sample Type: drill
- Group ID: MLV-25-14A W2:915.5-917.0
- Mining Method: underground

#### Location

- Easting: 472184
- Northing: 5166958
- Elevation: 341 m
- Azimuth: 162 °
- Dip: 80 °
- Loc. Confidence: high

#### QA/QC

- Laboratory: SGS Laboratories
- QA/QC Disclosed: Yes
- Lab Certified: Yes
- QP Signed: Yes
- QA/QC Methods: blanks, standards

#### Metal Equivalent

- Assumptions Disclosed: Yes

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2026-06-22T00:00:00.000Z

Reasoning: Cobalt grade of 0.01% over 1.52m is a weak intercept for a VMS deposit.

- Negative factor: apparent\_width\_only

Evidence · table

> 0.01

Context: 1.52

### MLV-25-14A W2

[Link to this fact](https://atlas-staging.minestarters.com/news/magna-mining-intersects-29-7-copper-equivalent-over-3-4-metres-consisting-of-9-4--5553b662-8f50-4461-9f89-add2fc88536c#fact-drill-facts-24)

Levack · platinum

#### Identity

- Hole ID: MLV-25-14A W2
- Project: Levack
- Commodity: platinum
- Region: canada\_on
- Reported Region: Ontario
- Ticker: NICU

#### Geometry

- Grade: 1.1
- Grade Unit: g/t
- Intercept: 1.52 m
- From: 915.5 m
- To: 917 m
- Hole Depth: 1185 m

#### Classification

- Deposit Type: vms
- Program: mixed
- Sample Type: drill
- Group ID: MLV-25-14A W2:915.5-917.0
- Mining Method: underground

#### Location

- Easting: 472184
- Northing: 5166958
- Elevation: 341 m
- Azimuth: 162 °
- Dip: 80 °
- Loc. Confidence: high

#### QA/QC

- Laboratory: SGS Laboratories
- QA/QC Disclosed: Yes
- Lab Certified: Yes
- QP Signed: Yes
- QA/QC Methods: blanks, standards

#### Metal Equivalent

- Assumptions Disclosed: Yes

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2026-06-22T00:00:00.000Z

Reasoning: Platinum grade of 1.10 g/t over 1.52m is a moderate intercept for a VMS deposit.

- Negative factor: apparent\_width\_only

Evidence · table

> 1.10

Context: 1.52

### MLV-25-14A W2

[Link to this fact](https://atlas-staging.minestarters.com/news/magna-mining-intersects-29-7-copper-equivalent-over-3-4-metres-consisting-of-9-4--5553b662-8f50-4461-9f89-add2fc88536c#fact-drill-facts-25)

Levack · palladium

#### Identity

- Hole ID: MLV-25-14A W2
- Project: Levack
- Commodity: palladium
- Region: canada\_on
- Reported Region: Ontario
- Ticker: NICU

#### Geometry

- Grade: 3.09
- Grade Unit: g/t
- Intercept: 1.52 m
- From: 915.5 m
- To: 917 m
- Hole Depth: 1185 m

#### Classification

- Deposit Type: vms
- Program: mixed
- Sample Type: drill
- Group ID: MLV-25-14A W2:915.5-917.0
- Mining Method: underground

#### Location

- Easting: 472184
- Northing: 5166958
- Elevation: 341 m
- Azimuth: 162 °
- Dip: 80 °
- Loc. Confidence: high

#### QA/QC

- Laboratory: SGS Laboratories
- QA/QC Disclosed: Yes
- Lab Certified: Yes
- QP Signed: Yes
- QA/QC Methods: blanks, standards

#### Metal Equivalent

- Assumptions Disclosed: Yes

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2026-06-22T00:00:00.000Z

Reasoning: Palladium grade of 3.09 g/t over 1.52m is a strong intercept for a VMS deposit.

- Negative factor: apparent\_width\_only

Evidence · table

> 3.09

Context: 1.52

### MLV-25-14A W2

[Link to this fact](https://atlas-staging.minestarters.com/news/magna-mining-intersects-29-7-copper-equivalent-over-3-4-metres-consisting-of-9-4--5553b662-8f50-4461-9f89-add2fc88536c#fact-drill-facts-26)

Levack · gold

#### Identity

- Hole ID: MLV-25-14A W2
- Project: Levack
- Commodity: gold
- Region: canada\_on
- Reported Region: Ontario
- Ticker: NICU

#### Geometry

- Grade: 2.21
- Grade Unit: g/t
- Intercept: 1.52 m
- From: 915.5 m
- To: 917 m
- Hole Depth: 1185 m

#### Classification

- Deposit Type: vms
- Program: mixed
- Sample Type: drill
- Group ID: MLV-25-14A W2:915.5-917.0
- Mining Method: underground

#### Location

- Easting: 472184
- Northing: 5166958
- Elevation: 341 m
- Azimuth: 162 °
- Dip: 80 °
- Loc. Confidence: high

#### QA/QC

- Laboratory: SGS Laboratories
- QA/QC Disclosed: Yes
- Lab Certified: Yes
- QP Signed: Yes
- QA/QC Methods: blanks, standards

#### Metal Equivalent

- Assumptions Disclosed: Yes

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2026-06-22T00:00:00.000Z

Reasoning: Gold grade of 2.21 g/t over 1.52m is a strong intercept for a VMS deposit.

- Negative factor: apparent\_width\_only

Evidence · table

> 2.21

Context: 1.52

### MLV-25-14A W2

[Link to this fact](https://atlas-staging.minestarters.com/news/magna-mining-intersects-29-7-copper-equivalent-over-3-4-metres-consisting-of-9-4--5553b662-8f50-4461-9f89-add2fc88536c#fact-drill-facts-27)

Levack · silver

#### Identity

- Hole ID: MLV-25-14A W2
- Project: Levack
- Commodity: silver
- Region: canada\_on
- Reported Region: Ontario
- Ticker: NICU

#### Geometry

- Grade: 20.41
- Grade Unit: g/t
- Intercept: 1.52 m
- From: 915.5 m
- To: 917 m
- Hole Depth: 1185 m

#### Classification

- Deposit Type: vms
- Program: mixed
- Sample Type: drill
- Group ID: MLV-25-14A W2:915.5-917.0
- Mining Method: underground

#### Location

- Easting: 472184
- Northing: 5166958
- Elevation: 341 m
- Azimuth: 162 °
- Dip: 80 °
- Loc. Confidence: high

#### QA/QC

- Laboratory: SGS Laboratories
- QA/QC Disclosed: Yes
- Lab Certified: Yes
- QP Signed: Yes
- QA/QC Methods: blanks, standards

#### Metal Equivalent

- Assumptions Disclosed: Yes

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2026-06-22T00:00:00.000Z

Reasoning: Silver grade of 20.41 g/t over 1.52m is a weak intercept for a VMS deposit.

- Negative factor: apparent\_width\_only

Evidence · table

> 20.41

Context: 1.52

### MLV-25-14A W2

[Link to this fact](https://atlas-staging.minestarters.com/news/magna-mining-intersects-29-7-copper-equivalent-over-3-4-metres-consisting-of-9-4--5553b662-8f50-4461-9f89-add2fc88536c#fact-drill-facts-28)

Levack · copper

#### Identity

- Hole ID: MLV-25-14A W2
- Project: Levack
- Commodity: copper
- Region: canada\_on
- Reported Region: Ontario
- Ticker: NICU

#### Geometry

- Intercept: 3.1 m
- From: 918.9 m
- To: 922 m
- Hole Depth: 1185 m

#### Classification

- Deposit Type: vms
- Program: mixed
- Sample Type: drill
- Group ID: MLV-25-14A W2:918.9-922.0
- Mining Method: underground

#### Location

- Easting: 472184
- Northing: 5166958
- Elevation: 341 m
- Azimuth: 162 °
- Dip: 80 °
- Loc. Confidence: high

#### QA/QC

- Laboratory: SGS Laboratories
- QA/QC Disclosed: Yes
- Lab Certified: Yes
- QP Signed: Yes
- QA/QC Methods: blanks, standards

#### Metal Equivalent

- Metal Eq. Grade: 3.39
- Metal Eq. Unit: % CuEq
- Assumptions Disclosed: Yes

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2026-06-22T00:00:00.000Z

Reasoning: Copper equivalent grade of 3.39% over 3.10m is a moderate intercept for a VMS deposit.

- Negative factor: apparent\_width\_only

Evidence · table

> 3.39

Context: 3.10

### MLV-25-14A W2

[Link to this fact](https://atlas-staging.minestarters.com/news/magna-mining-intersects-29-7-copper-equivalent-over-3-4-metres-consisting-of-9-4--5553b662-8f50-4461-9f89-add2fc88536c#fact-drill-facts-29)

Levack · nickel

#### Identity

- Hole ID: MLV-25-14A W2
- Project: Levack
- Commodity: nickel
- Region: canada\_on
- Reported Region: Ontario
- Ticker: NICU

#### Geometry

- Intercept: 3.1 m
- From: 918.9 m
- To: 922 m
- Hole Depth: 1185 m

#### Classification

- Deposit Type: vms
- Program: mixed
- Sample Type: drill
- Group ID: MLV-25-14A W2:918.9-922.0
- Mining Method: underground

#### Location

- Easting: 472184
- Northing: 5166958
- Elevation: 341 m
- Azimuth: 162 °
- Dip: 80 °
- Loc. Confidence: high

#### QA/QC

- Laboratory: SGS Laboratories
- QA/QC Disclosed: Yes
- Lab Certified: Yes
- QP Signed: Yes
- QA/QC Methods: blanks, standards

#### Metal Equivalent

- Metal Eq. Grade: 2.14
- Metal Eq. Unit: % NiEq
- Assumptions Disclosed: Yes

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2026-06-22T00:00:00.000Z

Reasoning: Nickel equivalent grade of 2.14% over 3.10m is a moderate intercept for a VMS deposit.

- Negative factor: apparent\_width\_only

Evidence · table

> 2.14

Context: 3.10

### MLV-25-14A W2

[Link to this fact](https://atlas-staging.minestarters.com/news/magna-mining-intersects-29-7-copper-equivalent-over-3-4-metres-consisting-of-9-4--5553b662-8f50-4461-9f89-add2fc88536c#fact-drill-facts-30)

Levack · cobalt

#### Identity

- Hole ID: MLV-25-14A W2
- Project: Levack
- Commodity: cobalt
- Region: canada\_on
- Reported Region: Ontario
- Ticker: NICU

#### Geometry

- Grade: 0
- Grade Unit: %
- Intercept: 3.1 m
- From: 918.9 m
- To: 922 m
- Hole Depth: 1185 m

#### Classification

- Deposit Type: vms
- Program: mixed
- Sample Type: drill
- Group ID: MLV-25-14A W2:918.9-922.0
- Mining Method: underground

#### Location

- Easting: 472184
- Northing: 5166958
- Elevation: 341 m
- Azimuth: 162 °
- Dip: 80 °
- Loc. Confidence: high

#### QA/QC

- Laboratory: SGS Laboratories
- QA/QC Disclosed: Yes
- Lab Certified: Yes
- QP Signed: Yes
- QA/QC Methods: blanks, standards

#### Metal Equivalent

- Assumptions Disclosed: Yes

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2026-06-22T00:00:00.000Z

Reasoning: Cobalt grade of 0.00% over 3.10m is a weak intercept for a VMS deposit.

- Negative factor: apparent\_width\_only

Evidence · table

> 0.00

Context: 3.10

### MLV-25-14A W2

[Link to this fact](https://atlas-staging.minestarters.com/news/magna-mining-intersects-29-7-copper-equivalent-over-3-4-metres-consisting-of-9-4--5553b662-8f50-4461-9f89-add2fc88536c#fact-drill-facts-31)

Levack · platinum

#### Identity

- Hole ID: MLV-25-14A W2
- Project: Levack
- Commodity: platinum
- Region: canada\_on
- Reported Region: Ontario
- Ticker: NICU

#### Geometry

- Grade: 0.39
- Grade Unit: g/t
- Intercept: 3.1 m
- From: 918.9 m
- To: 922 m
- Hole Depth: 1185 m

#### Classification

- Deposit Type: vms
- Program: mixed
- Sample Type: drill
- Group ID: MLV-25-14A W2:918.9-922.0
- Mining Method: underground

#### Location

- Easting: 472184
- Northing: 5166958
- Elevation: 341 m
- Azimuth: 162 °
- Dip: 80 °
- Loc. Confidence: high

#### QA/QC

- Laboratory: SGS Laboratories
- QA/QC Disclosed: Yes
- Lab Certified: Yes
- QP Signed: Yes
- QA/QC Methods: blanks, standards

#### Metal Equivalent

- Assumptions Disclosed: Yes

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2026-06-22T00:00:00.000Z

Reasoning: Platinum grade of 0.39 g/t over 3.10m is a weak intercept for a VMS deposit.

- Negative factor: apparent\_width\_only

Evidence · table

> 0.39

Context: 3.10

### MLV-25-14A W2

[Link to this fact](https://atlas-staging.minestarters.com/news/magna-mining-intersects-29-7-copper-equivalent-over-3-4-metres-consisting-of-9-4--5553b662-8f50-4461-9f89-add2fc88536c#fact-drill-facts-32)

Levack · palladium

#### Identity

- Hole ID: MLV-25-14A W2
- Project: Levack
- Commodity: palladium
- Region: canada\_on
- Reported Region: Ontario
- Ticker: NICU

#### Geometry

- Grade: 1.69
- Grade Unit: g/t
- Intercept: 3.1 m
- From: 918.9 m
- To: 922 m
- Hole Depth: 1185 m

#### Classification

- Deposit Type: vms
- Program: mixed
- Sample Type: drill
- Group ID: MLV-25-14A W2:918.9-922.0
- Mining Method: underground

#### Location

- Easting: 472184
- Northing: 5166958
- Elevation: 341 m
- Azimuth: 162 °
- Dip: 80 °
- Loc. Confidence: high

#### QA/QC

- Laboratory: SGS Laboratories
- QA/QC Disclosed: Yes
- Lab Certified: Yes
- QP Signed: Yes
- QA/QC Methods: blanks, standards

#### Metal Equivalent

- Assumptions Disclosed: Yes

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2026-06-22T00:00:00.000Z

Reasoning: Palladium grade of 1.69 g/t over 3.10m is a moderate intercept for a VMS deposit.

- Negative factor: apparent\_width\_only

Evidence · table

> 1.69

Context: 3.10

### MLV-25-14A W2

[Link to this fact](https://atlas-staging.minestarters.com/news/magna-mining-intersects-29-7-copper-equivalent-over-3-4-metres-consisting-of-9-4--5553b662-8f50-4461-9f89-add2fc88536c#fact-drill-facts-33)

Levack · gold

#### Identity

- Hole ID: MLV-25-14A W2
- Project: Levack
- Commodity: gold
- Region: canada\_on
- Reported Region: Ontario
- Ticker: NICU

#### Geometry

- Grade: 0.5
- Grade Unit: g/t
- Intercept: 3.1 m
- From: 918.9 m
- To: 922 m
- Hole Depth: 1185 m

#### Classification

- Deposit Type: vms
- Program: mixed
- Sample Type: drill
- Group ID: MLV-25-14A W2:918.9-922.0
- Mining Method: underground

#### Location

- Easting: 472184
- Northing: 5166958
- Elevation: 341 m
- Azimuth: 162 °
- Dip: 80 °
- Loc. Confidence: high

#### QA/QC

- Laboratory: SGS Laboratories
- QA/QC Disclosed: Yes
- Lab Certified: Yes
- QP Signed: Yes
- QA/QC Methods: blanks, standards

#### Metal Equivalent

- Assumptions Disclosed: Yes

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2026-06-22T00:00:00.000Z

Reasoning: Gold grade of 0.50 g/t over 3.10m is a weak intercept for a VMS deposit.

- Negative factor: apparent\_width\_only

Evidence · table

> 0.50

Context: 3.10

### MLV-25-14A W2

[Link to this fact](https://atlas-staging.minestarters.com/news/magna-mining-intersects-29-7-copper-equivalent-over-3-4-metres-consisting-of-9-4--5553b662-8f50-4461-9f89-add2fc88536c#fact-drill-facts-34)

Levack · silver

#### Identity

- Hole ID: MLV-25-14A W2
- Project: Levack
- Commodity: silver
- Region: canada\_on
- Reported Region: Ontario
- Ticker: NICU

#### Geometry

- Grade: 14.53
- Grade Unit: g/t
- Intercept: 3.1 m
- From: 918.9 m
- To: 922 m
- Hole Depth: 1185 m

#### Classification

- Deposit Type: vms
- Program: mixed
- Sample Type: drill
- Group ID: MLV-25-14A W2:918.9-922.0
- Mining Method: underground

#### Location

- Easting: 472184
- Northing: 5166958
- Elevation: 341 m
- Azimuth: 162 °
- Dip: 80 °
- Loc. Confidence: high

#### QA/QC

- Laboratory: SGS Laboratories
- QA/QC Disclosed: Yes
- Lab Certified: Yes
- QP Signed: Yes
- QA/QC Methods: blanks, standards

#### Metal Equivalent

- Assumptions Disclosed: Yes

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2026-06-22T00:00:00.000Z

Reasoning: Silver grade of 14.53 g/t over 3.10m is a weak intercept for a VMS deposit.

- Negative factor: apparent\_width\_only

Evidence · table

> 14.53

Context: 3.10

### MLV-25-14A W2

[Link to this fact](https://atlas-staging.minestarters.com/news/magna-mining-intersects-29-7-copper-equivalent-over-3-4-metres-consisting-of-9-4--5553b662-8f50-4461-9f89-add2fc88536c#fact-drill-facts-35)

Levack · copper

#### Identity

- Hole ID: MLV-25-14A W2
- Project: Levack
- Commodity: copper
- Region: canada\_on
- Reported Region: Ontario
- Ticker: NICU

#### Geometry

- Intercept: 3.42 m
- From: 958.2 m
- To: 961.6 m
- Hole Depth: 1185 m

#### Classification

- Deposit Type: vms
- Program: mixed
- Sample Type: drill
- Group ID: MLV-25-14A W2:958.2-961.6
- Mining Method: underground

#### Location

- Easting: 472184
- Northing: 5166958
- Elevation: 341 m
- Azimuth: 162 °
- Dip: 80 °
- Loc. Confidence: high

#### QA/QC

- Laboratory: SGS Laboratories
- QA/QC Disclosed: Yes
- Lab Certified: Yes
- QP Signed: Yes
- QA/QC Methods: blanks, standards

#### Metal Equivalent

- Metal Eq. Grade: 29.71
- Metal Eq. Unit: % CuEq
- Assumptions Disclosed: Yes

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2026-06-22T00:00:00.000Z

Reasoning: Copper equivalent grade of 29.71% over 3.42m is an exceptional intercept for a VMS deposit.

- Positive factor: bonanza\_intercept

- Negative factor: apparent\_width\_only

Evidence · table

> 29.71

Context: 3.42

### MLV-25-14A W2

[Link to this fact](https://atlas-staging.minestarters.com/news/magna-mining-intersects-29-7-copper-equivalent-over-3-4-metres-consisting-of-9-4--5553b662-8f50-4461-9f89-add2fc88536c#fact-drill-facts-36)

Levack · nickel

#### Identity

- Hole ID: MLV-25-14A W2
- Project: Levack
- Commodity: nickel
- Region: canada\_on
- Reported Region: Ontario
- Ticker: NICU

#### Geometry

- Intercept: 3.42 m
- From: 958.2 m
- To: 961.6 m
- Hole Depth: 1185 m

#### Classification

- Deposit Type: vms
- Program: mixed
- Sample Type: drill
- Group ID: MLV-25-14A W2:958.2-961.6
- Mining Method: underground

#### Location

- Easting: 472184
- Northing: 5166958
- Elevation: 341 m
- Azimuth: 162 °
- Dip: 80 °
- Loc. Confidence: high

#### QA/QC

- Laboratory: SGS Laboratories
- QA/QC Disclosed: Yes
- Lab Certified: Yes
- QP Signed: Yes
- QA/QC Methods: blanks, standards

#### Metal Equivalent

- Metal Eq. Grade: 18.78
- Metal Eq. Unit: % NiEq
- Assumptions Disclosed: Yes

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2026-06-22T00:00:00.000Z

Reasoning: Nickel equivalent grade of 18.78% over 3.42m is an exceptional intercept for a VMS deposit.

- Positive factor: bonanza\_intercept

- Negative factor: apparent\_width\_only

Evidence · table

> 18.78

Context: 3.42

### MLV-25-14A W2

[Link to this fact](https://atlas-staging.minestarters.com/news/magna-mining-intersects-29-7-copper-equivalent-over-3-4-metres-consisting-of-9-4--5553b662-8f50-4461-9f89-add2fc88536c#fact-drill-facts-37)

Levack · cobalt

#### Identity

- Hole ID: MLV-25-14A W2
- Project: Levack
- Commodity: cobalt
- Region: canada\_on
- Reported Region: Ontario
- Ticker: NICU

#### Geometry

- Grade: 0.02
- Grade Unit: %
- Intercept: 3.42 m
- From: 958.2 m
- To: 961.6 m
- Hole Depth: 1185 m

#### Classification

- Deposit Type: vms
- Program: mixed
- Sample Type: drill
- Group ID: MLV-25-14A W2:958.2-961.6
- Mining Method: underground

#### Location

- Easting: 472184
- Northing: 5166958
- Elevation: 341 m
- Azimuth: 162 °
- Dip: 80 °
- Loc. Confidence: high

#### QA/QC

- Laboratory: SGS Laboratories
- QA/QC Disclosed: Yes
- Lab Certified: Yes
- QP Signed: Yes
- QA/QC Methods: blanks, standards

#### Metal Equivalent

- Assumptions Disclosed: Yes

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2026-06-22T00:00:00.000Z

Reasoning: Cobalt grade of 0.02% over 3.42m is a weak intercept for a VMS deposit.

- Negative factor: apparent\_width\_only

Evidence · table

> 0.02

Context: 3.42

### MLV-25-14A W2

[Link to this fact](https://atlas-staging.minestarters.com/news/magna-mining-intersects-29-7-copper-equivalent-over-3-4-metres-consisting-of-9-4--5553b662-8f50-4461-9f89-add2fc88536c#fact-drill-facts-38)

Levack · platinum

#### Identity

- Hole ID: MLV-25-14A W2
- Project: Levack
- Commodity: platinum
- Region: canada\_on
- Reported Region: Ontario
- Ticker: NICU

#### Geometry

- Grade: 2.81
- Grade Unit: g/t
- Intercept: 3.42 m
- From: 958.2 m
- To: 961.6 m
- Hole Depth: 1185 m

#### Classification

- Deposit Type: vms
- Program: mixed
- Sample Type: drill
- Group ID: MLV-25-14A W2:958.2-961.6
- Mining Method: underground

#### Location

- Easting: 472184
- Northing: 5166958
- Elevation: 341 m
- Azimuth: 162 °
- Dip: 80 °
- Loc. Confidence: high

#### QA/QC

- Laboratory: SGS Laboratories
- QA/QC Disclosed: Yes
- Lab Certified: Yes
- QP Signed: Yes
- QA/QC Methods: blanks, standards

#### Metal Equivalent

- Assumptions Disclosed: Yes

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2026-06-22T00:00:00.000Z

Reasoning: Platinum grade of 2.81 g/t over 3.42m is a strong intercept for a VMS deposit.

- Negative factor: apparent\_width\_only

Evidence · table

> 2.81

Context: 3.42

### MLV-25-14A W2

[Link to this fact](https://atlas-staging.minestarters.com/news/magna-mining-intersects-29-7-copper-equivalent-over-3-4-metres-consisting-of-9-4--5553b662-8f50-4461-9f89-add2fc88536c#fact-drill-facts-39)

Levack · palladium

#### Identity

- Hole ID: MLV-25-14A W2
- Project: Levack
- Commodity: palladium
- Region: canada\_on
- Reported Region: Ontario
- Ticker: NICU

#### Geometry

- Grade: 6.02
- Grade Unit: g/t
- Intercept: 3.42 m
- From: 958.2 m
- To: 961.6 m
- Hole Depth: 1185 m

#### Classification

- Deposit Type: vms
- Program: mixed
- Sample Type: drill
- Group ID: MLV-25-14A W2:958.2-961.6
- Mining Method: underground

#### Location

- Easting: 472184
- Northing: 5166958
- Elevation: 341 m
- Azimuth: 162 °
- Dip: 80 °
- Loc. Confidence: high

#### QA/QC

- Laboratory: SGS Laboratories
- QA/QC Disclosed: Yes
- Lab Certified: Yes
- QP Signed: Yes
- QA/QC Methods: blanks, standards

#### Metal Equivalent

- Assumptions Disclosed: Yes

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2026-06-22T00:00:00.000Z

Reasoning: Palladium grade of 6.02 g/t over 3.42m is an exceptional intercept for a VMS deposit.

- Positive factor: bonanza\_intercept

- Negative factor: apparent\_width\_only

Evidence · table

> 6.02

Context: 3.42

### MLV-25-14A W2

[Link to this fact](https://atlas-staging.minestarters.com/news/magna-mining-intersects-29-7-copper-equivalent-over-3-4-metres-consisting-of-9-4--5553b662-8f50-4461-9f89-add2fc88536c#fact-drill-facts-40)

Levack · gold

#### Identity

- Hole ID: MLV-25-14A W2
- Project: Levack
- Commodity: gold
- Region: canada\_on
- Reported Region: Ontario
- Ticker: NICU

#### Geometry

- Grade: 19.82
- Grade Unit: g/t
- Intercept: 3.42 m
- From: 958.2 m
- To: 961.6 m
- Hole Depth: 1185 m

#### Classification

- Deposit Type: vms
- Program: mixed
- Sample Type: drill
- Group ID: MLV-25-14A W2:958.2-961.6
- Mining Method: underground

#### Location

- Easting: 472184
- Northing: 5166958
- Elevation: 341 m
- Azimuth: 162 °
- Dip: 80 °
- Loc. Confidence: high

#### QA/QC

- Laboratory: SGS Laboratories
- QA/QC Disclosed: Yes
- Lab Certified: Yes
- QP Signed: Yes
- QA/QC Methods: blanks, standards

#### Metal Equivalent

- Assumptions Disclosed: Yes

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2026-06-22T00:00:00.000Z

Reasoning: Gold grade of 19.82 g/t over 3.42m is an exceptional intercept for a VMS deposit.

- Positive factor: bonanza\_intercept

- Negative factor: apparent\_width\_only

Evidence · table

> 19.82

Context: 3.42

### MLV-25-14A W2

[Link to this fact](https://atlas-staging.minestarters.com/news/magna-mining-intersects-29-7-copper-equivalent-over-3-4-metres-consisting-of-9-4--5553b662-8f50-4461-9f89-add2fc88536c#fact-drill-facts-41)

Levack · silver

#### Identity

- Hole ID: MLV-25-14A W2
- Project: Levack
- Commodity: silver
- Region: canada\_on
- Reported Region: Ontario
- Ticker: NICU

#### Geometry

- Grade: 52.88
- Grade Unit: g/t
- Intercept: 3.42 m
- From: 958.2 m
- To: 961.6 m
- Hole Depth: 1185 m

#### Classification

- Deposit Type: vms
- Program: mixed
- Sample Type: drill
- Group ID: MLV-25-14A W2:958.2-961.6
- Mining Method: underground

#### Location

- Easting: 472184
- Northing: 5166958
- Elevation: 341 m
- Azimuth: 162 °
- Dip: 80 °
- Loc. Confidence: high

#### QA/QC

- Laboratory: SGS Laboratories
- QA/QC Disclosed: Yes
- Lab Certified: Yes
- QP Signed: Yes
- QA/QC Methods: blanks, standards

#### Metal Equivalent

- Assumptions Disclosed: Yes

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2026-06-22T00:00:00.000Z

Reasoning: Silver grade of 52.88 g/t over 3.42m is a weak intercept for a VMS deposit.

- Negative factor: apparent\_width\_only

Evidence · table

> 52.88

Context: 3.42

### MLV-25-14A W2

[Link to this fact](https://atlas-staging.minestarters.com/news/magna-mining-intersects-29-7-copper-equivalent-over-3-4-metres-consisting-of-9-4--5553b662-8f50-4461-9f89-add2fc88536c#fact-drill-facts-42)

Levack · copper

#### Identity

- Hole ID: MLV-25-14A W2
- Project: Levack
- Commodity: copper
- Region: canada\_on
- Reported Region: Ontario
- Ticker: NICU

#### Geometry

- Intercept: 1.52 m
- From: 958.2 m
- To: 959.7 m
- Hole Depth: 1185 m

#### Classification

- Deposit Type: vms
- Program: mixed
- Sample Type: drill
- Group ID: MLV-25-14A W2:958.2-959.7
- Mining Method: underground

#### Location

- Easting: 472184
- Northing: 5166958
- Elevation: 341 m
- Azimuth: 162 °
- Dip: 80 °
- Loc. Confidence: high

#### QA/QC

- Laboratory: SGS Laboratories
- QA/QC Disclosed: Yes
- Lab Certified: Yes
- QP Signed: Yes
- QA/QC Methods: blanks, standards

#### Metal Equivalent

- Metal Eq. Grade: 57.01
- Metal Eq. Unit: % CuEq
- Assumptions Disclosed: Yes

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2026-06-22T00:00:00.000Z

Reasoning: Copper equivalent grade of 57.01% over 1.52m is an exceptional intercept for a VMS deposit.

- Positive factor: bonanza\_intercept

- Negative factor: apparent\_width\_only

Evidence · table

> 57.01

Context: 1.52

### MLV-25-14A W2

[Link to this fact](https://atlas-staging.minestarters.com/news/magna-mining-intersects-29-7-copper-equivalent-over-3-4-metres-consisting-of-9-4--5553b662-8f50-4461-9f89-add2fc88536c#fact-drill-facts-43)

Levack · nickel

#### Identity

- Hole ID: MLV-25-14A W2
- Project: Levack
- Commodity: nickel
- Region: canada\_on
- Reported Region: Ontario
- Ticker: NICU

#### Geometry

- Intercept: 1.52 m
- From: 958.2 m
- To: 959.7 m
- Hole Depth: 1185 m

#### Classification

- Deposit Type: vms
- Program: mixed
- Sample Type: drill
- Group ID: MLV-25-14A W2:958.2-959.7
- Mining Method: underground

#### Location

- Easting: 472184
- Northing: 5166958
- Elevation: 341 m
- Azimuth: 162 °
- Dip: 80 °
- Loc. Confidence: high

#### QA/QC

- Laboratory: SGS Laboratories
- QA/QC Disclosed: Yes
- Lab Certified: Yes
- QP Signed: Yes
- QA/QC Methods: blanks, standards

#### Metal Equivalent

- Metal Eq. Grade: 36.04
- Metal Eq. Unit: % NiEq
- Assumptions Disclosed: Yes

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2026-06-22T00:00:00.000Z

Reasoning: Nickel equivalent grade of 36.04% over 1.52m is an exceptional intercept for a VMS deposit.

- Positive factor: bonanza\_intercept

- Negative factor: apparent\_width\_only

Evidence · table

> 36.04

Context: 1.52

### MLV-25-14A W2

[Link to this fact](https://atlas-staging.minestarters.com/news/magna-mining-intersects-29-7-copper-equivalent-over-3-4-metres-consisting-of-9-4--5553b662-8f50-4461-9f89-add2fc88536c#fact-drill-facts-44)

Levack · cobalt

#### Identity

- Hole ID: MLV-25-14A W2
- Project: Levack
- Commodity: cobalt
- Region: canada\_on
- Reported Region: Ontario
- Ticker: NICU

#### Geometry

- Grade: 0.01
- Grade Unit: %
- Intercept: 1.52 m
- From: 958.2 m
- To: 959.7 m
- Hole Depth: 1185 m

#### Classification

- Deposit Type: vms
- Program: mixed
- Sample Type: drill
- Group ID: MLV-25-14A W2:958.2-959.7
- Mining Method: underground

#### Location

- Easting: 472184
- Northing: 5166958
- Elevation: 341 m
- Azimuth: 162 °
- Dip: 80 °
- Loc. Confidence: high

#### QA/QC

- Laboratory: SGS Laboratories
- QA/QC Disclosed: Yes
- Lab Certified: Yes
- QP Signed: Yes
- QA/QC Methods: blanks, standards

#### Metal Equivalent

- Assumptions Disclosed: Yes

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2026-06-22T00:00:00.000Z

Reasoning: Cobalt grade of 0.01% over 1.52m is a weak intercept for a VMS deposit.

- Negative factor: apparent\_width\_only

Evidence · table

> 0.01

Context: 1.52

### MLV-25-14A W2

[Link to this fact](https://atlas-staging.minestarters.com/news/magna-mining-intersects-29-7-copper-equivalent-over-3-4-metres-consisting-of-9-4--5553b662-8f50-4461-9f89-add2fc88536c#fact-drill-facts-45)

Levack · platinum

#### Identity

- Hole ID: MLV-25-14A W2
- Project: Levack
- Commodity: platinum
- Region: canada\_on
- Reported Region: Ontario
- Ticker: NICU

#### Geometry

- Grade: 5.15
- Grade Unit: g/t
- Intercept: 1.52 m
- From: 958.2 m
- To: 959.7 m
- Hole Depth: 1185 m

#### Classification

- Deposit Type: vms
- Program: mixed
- Sample Type: drill
- Group ID: MLV-25-14A W2:958.2-959.7
- Mining Method: underground

#### Location

- Easting: 472184
- Northing: 5166958
- Elevation: 341 m
- Azimuth: 162 °
- Dip: 80 °
- Loc. Confidence: high

#### QA/QC

- Laboratory: SGS Laboratories
- QA/QC Disclosed: Yes
- Lab Certified: Yes
- QP Signed: Yes
- QA/QC Methods: blanks, standards

#### Metal Equivalent

- Assumptions Disclosed: Yes

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2026-06-22T00:00:00.000Z

Reasoning: Platinum grade of 5.15 g/t over 1.52m is an exceptional intercept for a VMS deposit.

- Positive factor: bonanza\_intercept

- Negative factor: apparent\_width\_only

Evidence · table

> 5.15

Context: 1.52

### MLV-25-14A W2

[Link to this fact](https://atlas-staging.minestarters.com/news/magna-mining-intersects-29-7-copper-equivalent-over-3-4-metres-consisting-of-9-4--5553b662-8f50-4461-9f89-add2fc88536c#fact-drill-facts-46)

Levack · palladium

#### Identity

- Hole ID: MLV-25-14A W2
- Project: Levack
- Commodity: palladium
- Region: canada\_on
- Reported Region: Ontario
- Ticker: NICU

#### Geometry

- Grade: 10.78
- Grade Unit: g/t
- Intercept: 1.52 m
- From: 958.2 m
- To: 959.7 m
- Hole Depth: 1185 m

#### Classification

- Deposit Type: vms
- Program: mixed
- Sample Type: drill
- Group ID: MLV-25-14A W2:958.2-959.7
- Mining Method: underground

#### Location

- Easting: 472184
- Northing: 5166958
- Elevation: 341 m
- Azimuth: 162 °
- Dip: 80 °
- Loc. Confidence: high

#### QA/QC

- Laboratory: SGS Laboratories
- QA/QC Disclosed: Yes
- Lab Certified: Yes
- QP Signed: Yes
- QA/QC Methods: blanks, standards

#### Metal Equivalent

- Assumptions Disclosed: Yes

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2026-06-22T00:00:00.000Z

Reasoning: Palladium grade of 10.78 g/t over 1.52m is an exceptional intercept for a VMS deposit.

- Positive factor: bonanza\_intercept

- Negative factor: apparent\_width\_only

Evidence · table

> 10.78

Context: 1.52

### MLV-25-14A W2

[Link to this fact](https://atlas-staging.minestarters.com/news/magna-mining-intersects-29-7-copper-equivalent-over-3-4-metres-consisting-of-9-4--5553b662-8f50-4461-9f89-add2fc88536c#fact-drill-facts-47)

Levack · gold

#### Identity

- Hole ID: MLV-25-14A W2
- Project: Levack
- Commodity: gold
- Region: canada\_on
- Reported Region: Ontario
- Ticker: NICU

#### Geometry

- Grade: 44.28
- Grade Unit: g/t
- Intercept: 1.52 m
- From: 958.2 m
- To: 959.7 m
- Hole Depth: 1185 m

#### Classification

- Deposit Type: vms
- Program: mixed
- Sample Type: drill
- Group ID: MLV-25-14A W2:958.2-959.7
- Mining Method: underground

#### Location

- Easting: 472184
- Northing: 5166958
- Elevation: 341 m
- Azimuth: 162 °
- Dip: 80 °
- Loc. Confidence: high

#### QA/QC

- Laboratory: SGS Laboratories
- QA/QC Disclosed: Yes
- Lab Certified: Yes
- QP Signed: Yes
- QA/QC Methods: blanks, standards

#### Metal Equivalent

- Assumptions Disclosed: Yes

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2026-06-22T00:00:00.000Z

Reasoning: Gold grade of 44.28 g/t over 1.52m is an exceptional intercept for a VMS deposit.

- Positive factor: bonanza\_intercept

- Negative factor: apparent\_width\_only

Evidence · table

> 44.28

Context: 1.52

### MLV-25-14A W2

[Link to this fact](https://atlas-staging.minestarters.com/news/magna-mining-intersects-29-7-copper-equivalent-over-3-4-metres-consisting-of-9-4--5553b662-8f50-4461-9f89-add2fc88536c#fact-drill-facts-48)

Levack · silver

#### Identity

- Hole ID: MLV-25-14A W2
- Project: Levack
- Commodity: silver
- Region: canada\_on
- Reported Region: Ontario
- Ticker: NICU

#### Geometry

- Grade: 103.79
- Grade Unit: g/t
- Intercept: 1.52 m
- From: 958.2 m
- To: 959.7 m
- Hole Depth: 1185 m

#### Classification

- Deposit Type: vms
- Program: mixed
- Sample Type: drill
- Group ID: MLV-25-14A W2:958.2-959.7
- Mining Method: underground

#### Location

- Easting: 472184
- Northing: 5166958
- Elevation: 341 m
- Azimuth: 162 °
- Dip: 80 °
- Loc. Confidence: high

#### QA/QC

- Laboratory: SGS Laboratories
- QA/QC Disclosed: Yes
- Lab Certified: Yes
- QP Signed: Yes
- QA/QC Methods: blanks, standards

#### Metal Equivalent

- Assumptions Disclosed: Yes

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2026-06-22T00:00:00.000Z

Reasoning: Silver grade of 103.79 g/t over 1.52m is a moderate intercept for a VMS deposit.

- Negative factor: apparent\_width\_only

Evidence · table

> 103.79

Context: 1.52

### MLV-25-14A W2

[Link to this fact](https://atlas-staging.minestarters.com/news/magna-mining-intersects-29-7-copper-equivalent-over-3-4-metres-consisting-of-9-4--5553b662-8f50-4461-9f89-add2fc88536c#fact-drill-facts-49)

Levack · copper

#### Identity

- Hole ID: MLV-25-14A W2
- Project: Levack
- Commodity: copper
- Region: canada\_on
- Reported Region: Ontario
- Ticker: NICU

#### Geometry

- Intercept: 0.69 m
- From: 960.9 m
- To: 961.6 m
- Hole Depth: 1185 m

#### Classification

- Deposit Type: vms
- Program: mixed
- Sample Type: drill
- Group ID: MLV-25-14A W2:960.9-961.6
- Mining Method: underground

#### Location

- Easting: 472184
- Northing: 5166958
- Elevation: 341 m
- Azimuth: 162 °
- Dip: 80 °
- Loc. Confidence: high

#### QA/QC

- Laboratory: SGS Laboratories
- QA/QC Disclosed: Yes
- Lab Certified: Yes
- QP Signed: Yes
- QA/QC Methods: blanks, standards

#### Metal Equivalent

- Metal Eq. Grade: 20.38
- Metal Eq. Unit: % CuEq
- Assumptions Disclosed: Yes

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2026-06-22T00:00:00.000Z

Reasoning: Copper equivalent grade of 20.38% over 0.69m is an exceptional intercept for a VMS deposit.

- Positive factor: bonanza\_intercept

- Negative factor: apparent\_width\_only

Evidence · table

> 20.38

Context: 0.69

### MLV-25-14A W2

[Link to this fact](https://atlas-staging.minestarters.com/news/magna-mining-intersects-29-7-copper-equivalent-over-3-4-metres-consisting-of-9-4--5553b662-8f50-4461-9f89-add2fc88536c#fact-drill-facts-50)

Levack · nickel

#### Identity

- Hole ID: MLV-25-14A W2
- Project: Levack
- Commodity: nickel
- Region: canada\_on
- Reported Region: Ontario
- Ticker: NICU

#### Geometry

- Intercept: 0.69 m
- From: 960.9 m
- To: 961.6 m
- Hole Depth: 1185 m

#### Classification

- Deposit Type: vms
- Program: mixed
- Sample Type: drill
- Group ID: MLV-25-14A W2:960.9-961.6
- Mining Method: underground

#### Location

- Easting: 472184
- Northing: 5166958
- Elevation: 341 m
- Azimuth: 162 °
- Dip: 80 °
- Loc. Confidence: high

#### QA/QC

- Laboratory: SGS Laboratories
- QA/QC Disclosed: Yes
- Lab Certified: Yes
- QP Signed: Yes
- QA/QC Methods: blanks, standards

#### Metal Equivalent

- Metal Eq. Grade: 12.88
- Metal Eq. Unit: % NiEq
- Assumptions Disclosed: Yes

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2026-06-22T00:00:00.000Z

Reasoning: Nickel equivalent grade of 12.88% over 0.69m is an exceptional intercept for a VMS deposit.

- Positive factor: bonanza\_intercept

- Negative factor: apparent\_width\_only

Evidence · table

> 12.88

Context: 0.69

### MLV-25-14A W2

[Link to this fact](https://atlas-staging.minestarters.com/news/magna-mining-intersects-29-7-copper-equivalent-over-3-4-metres-consisting-of-9-4--5553b662-8f50-4461-9f89-add2fc88536c#fact-drill-facts-51)

Levack · cobalt

#### Identity

- Hole ID: MLV-25-14A W2
- Project: Levack
- Commodity: cobalt
- Region: canada\_on
- Reported Region: Ontario
- Ticker: NICU

#### Geometry

- Grade: 0.07
- Grade Unit: %
- Intercept: 0.69 m
- From: 960.9 m
- To: 961.6 m
- Hole Depth: 1185 m

#### Classification

- Deposit Type: vms
- Program: mixed
- Sample Type: drill
- Group ID: MLV-25-14A W2:960.9-961.6
- Mining Method: underground

#### Location

- Easting: 472184
- Northing: 5166958
- Elevation: 341 m
- Azimuth: 162 °
- Dip: 80 °
- Loc. Confidence: high

#### QA/QC

- Laboratory: SGS Laboratories
- QA/QC Disclosed: Yes
- Lab Certified: Yes
- QP Signed: Yes
- QA/QC Methods: blanks, standards

#### Metal Equivalent

- Assumptions Disclosed: Yes

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2026-06-22T00:00:00.000Z

Reasoning: Cobalt grade of 0.07% over 0.69m is a weak intercept for a VMS deposit.

- Negative factor: apparent\_width\_only

Evidence · table

> 0.07

Context: 0.69

### MLV-25-14A W2

[Link to this fact](https://atlas-staging.minestarters.com/news/magna-mining-intersects-29-7-copper-equivalent-over-3-4-metres-consisting-of-9-4--5553b662-8f50-4461-9f89-add2fc88536c#fact-drill-facts-52)

Levack · platinum

#### Identity

- Hole ID: MLV-25-14A W2
- Project: Levack
- Commodity: platinum
- Region: canada\_on
- Reported Region: Ontario
- Ticker: NICU

#### Geometry

- Grade: 1.85
- Grade Unit: g/t
- Intercept: 0.69 m
- From: 960.9 m
- To: 961.6 m
- Hole Depth: 1185 m

#### Classification

- Deposit Type: vms
- Program: mixed
- Sample Type: drill
- Group ID: MLV-25-14A W2:960.9-961.6
- Mining Method: underground

#### Location

- Easting: 472184
- Northing: 5166958
- Elevation: 341 m
- Azimuth: 162 °
- Dip: 80 °
- Loc. Confidence: high

#### QA/QC

- Laboratory: SGS Laboratories
- QA/QC Disclosed: Yes
- Lab Certified: Yes
- QP Signed: Yes
- QA/QC Methods: blanks, standards

#### Metal Equivalent

- Assumptions Disclosed: Yes

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2026-06-22T00:00:00.000Z

Reasoning: Platinum grade of 1.85 g/t over 0.69m is a moderate intercept for a VMS deposit.

- Negative factor: apparent\_width\_only

Evidence · table

> 1.85

Context: 0.69

### MLV-25-14A W2

[Link to this fact](https://atlas-staging.minestarters.com/news/magna-mining-intersects-29-7-copper-equivalent-over-3-4-metres-consisting-of-9-4--5553b662-8f50-4461-9f89-add2fc88536c#fact-drill-facts-53)

Levack · palladium

#### Identity

- Hole ID: MLV-25-14A W2
- Project: Levack
- Commodity: palladium
- Region: canada\_on
- Reported Region: Ontario
- Ticker: NICU

#### Geometry

- Grade: 5.01
- Grade Unit: g/t
- Intercept: 0.69 m
- From: 960.9 m
- To: 961.6 m
- Hole Depth: 1185 m

#### Classification

- Deposit Type: vms
- Program: mixed
- Sample Type: drill
- Group ID: MLV-25-14A W2:960.9-961.6
- Mining Method: underground

#### Location

- Easting: 472184
- Northing: 5166958
- Elevation: 341 m
- Azimuth: 162 °
- Dip: 80 °
- Loc. Confidence: high

#### QA/QC

- Laboratory: SGS Laboratories
- QA/QC Disclosed: Yes
- Lab Certified: Yes
- QP Signed: Yes
- QA/QC Methods: blanks, standards

#### Metal Equivalent

- Assumptions Disclosed: Yes

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2026-06-22T00:00:00.000Z

Reasoning: Palladium grade of 5.01 g/t over 0.69m is an exceptional intercept for a VMS deposit.

- Positive factor: bonanza\_intercept

- Negative factor: apparent\_width\_only

Evidence · table

> 5.01

Context: 0.69

### MLV-25-14A W2

[Link to this fact](https://atlas-staging.minestarters.com/news/magna-mining-intersects-29-7-copper-equivalent-over-3-4-metres-consisting-of-9-4--5553b662-8f50-4461-9f89-add2fc88536c#fact-drill-facts-54)

Levack · gold

#### Identity

- Hole ID: MLV-25-14A W2
- Project: Levack
- Commodity: gold
- Region: canada\_on
- Reported Region: Ontario
- Ticker: NICU

#### Geometry

- Grade: 0.37
- Grade Unit: g/t
- Intercept: 0.69 m
- From: 960.9 m
- To: 961.6 m
- Hole Depth: 1185 m

#### Classification

- Deposit Type: vms
- Program: mixed
- Sample Type: drill
- Group ID: MLV-25-14A W2:960.9-961.6
- Mining Method: underground

#### Location

- Easting: 472184
- Northing: 5166958
- Elevation: 341 m
- Azimuth: 162 °
- Dip: 80 °
- Loc. Confidence: high

#### QA/QC

- Laboratory: SGS Laboratories
- QA/QC Disclosed: Yes
- Lab Certified: Yes
- QP Signed: Yes
- QA/QC Methods: blanks, standards

#### Metal Equivalent

- Assumptions Disclosed: Yes

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2026-06-22T00:00:00.000Z

Reasoning: Gold grade of 0.37 g/t over 0.69m is a weak intercept for a VMS deposit.

- Negative factor: apparent\_width\_only

Evidence · table

> 0.37

Context: 0.69

### MLV-25-14A W2

[Link to this fact](https://atlas-staging.minestarters.com/news/magna-mining-intersects-29-7-copper-equivalent-over-3-4-metres-consisting-of-9-4--5553b662-8f50-4461-9f89-add2fc88536c#fact-drill-facts-55)

Levack · silver

#### Identity

- Hole ID: MLV-25-14A W2
- Project: Levack
- Commodity: silver
- Region: canada\_on
- Reported Region: Ontario
- Ticker: NICU

#### Geometry

- Grade: 29.09
- Grade Unit: g/t
- Intercept: 0.69 m
- From: 960.9 m
- To: 961.6 m
- Hole Depth: 1185 m

#### Classification

- Deposit Type: vms
- Program: mixed
- Sample Type: drill
- Group ID: MLV-25-14A W2:960.9-961.6
- Mining Method: underground

#### Location

- Easting: 472184
- Northing: 5166958
- Elevation: 341 m
- Azimuth: 162 °
- Dip: 80 °
- Loc. Confidence: high

#### QA/QC

- Laboratory: SGS Laboratories
- QA/QC Disclosed: Yes
- Lab Certified: Yes
- QP Signed: Yes
- QA/QC Methods: blanks, standards

#### Metal Equivalent

- Assumptions Disclosed: Yes

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2026-06-22T00:00:00.000Z

Reasoning: Silver grade of 29.09 g/t over 0.69m is a weak intercept for a VMS deposit.

- Negative factor: apparent\_width\_only

Evidence · table

> 29.09

Context: 0.69

### MLV-25-14A W2

[Link to this fact](https://atlas-staging.minestarters.com/news/magna-mining-intersects-29-7-copper-equivalent-over-3-4-metres-consisting-of-9-4--5553b662-8f50-4461-9f89-add2fc88536c#fact-drill-facts-56)

Levack · copper

#### Identity

- Hole ID: MLV-25-14A W2
- Project: Levack
- Commodity: copper
- Region: canada\_on
- Reported Region: Ontario
- Ticker: NICU

#### Geometry

- Intercept: 0.4 m
- From: 1017.5 m
- To: 1017.9 m
- Hole Depth: 1185 m

#### Classification

- Deposit Type: vms
- Program: mixed
- Sample Type: drill
- Group ID: MLV-25-14A W2:1017.5-1017.9
- Mining Method: underground

#### Location

- Easting: 472184
- Northing: 5166958
- Elevation: 341 m
- Azimuth: 162 °
- Dip: 80 °
- Loc. Confidence: high

#### QA/QC

- Laboratory: SGS Laboratories
- QA/QC Disclosed: Yes
- Lab Certified: Yes
- QP Signed: Yes
- QA/QC Methods: blanks, standards

#### Metal Equivalent

- Metal Eq. Grade: 34.02
- Metal Eq. Unit: % CuEq
- Assumptions Disclosed: Yes

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2026-06-22T00:00:00.000Z

Reasoning: Copper equivalent grade of 34.02% over 0.40m is an exceptional intercept for a VMS deposit.

- Positive factor: bonanza\_intercept

- Negative factor: apparent\_width\_only

Evidence · table

> 34.02

Context: 0.40

### MLV-25-14A W2

[Link to this fact](https://atlas-staging.minestarters.com/news/magna-mining-intersects-29-7-copper-equivalent-over-3-4-metres-consisting-of-9-4--5553b662-8f50-4461-9f89-add2fc88536c#fact-drill-facts-57)

Levack · nickel

#### Identity

- Hole ID: MLV-25-14A W2
- Project: Levack
- Commodity: nickel
- Region: canada\_on
- Reported Region: Ontario
- Ticker: NICU

#### Geometry

- Intercept: 0.4 m
- From: 1017.5 m
- To: 1017.9 m
- Hole Depth: 1185 m

#### Classification

- Deposit Type: vms
- Program: mixed
- Sample Type: drill
- Group ID: MLV-25-14A W2:1017.5-1017.9
- Mining Method: underground

#### Location

- Easting: 472184
- Northing: 5166958
- Elevation: 341 m
- Azimuth: 162 °
- Dip: 80 °
- Loc. Confidence: high

#### QA/QC

- Laboratory: SGS Laboratories
- QA/QC Disclosed: Yes
- Lab Certified: Yes
- QP Signed: Yes
- QA/QC Methods: blanks, standards

#### Metal Equivalent

- Metal Eq. Grade: 21.5
- Metal Eq. Unit: % NiEq
- Assumptions Disclosed: Yes

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2026-06-22T00:00:00.000Z

Reasoning: Nickel equivalent grade of 21.50% over 0.40m is an exceptional intercept for a VMS deposit.

- Positive factor: bonanza\_intercept

- Negative factor: apparent\_width\_only

Evidence · table

> 21.50

Context: 0.40

### MLV-25-14A W2

[Link to this fact](https://atlas-staging.minestarters.com/news/magna-mining-intersects-29-7-copper-equivalent-over-3-4-metres-consisting-of-9-4--5553b662-8f50-4461-9f89-add2fc88536c#fact-drill-facts-58)

Levack · cobalt

#### Identity

- Hole ID: MLV-25-14A W2
- Project: Levack
- Commodity: cobalt
- Region: canada\_on
- Reported Region: Ontario
- Ticker: NICU

#### Geometry

- Grade: 0.01
- Grade Unit: %
- Intercept: 0.4 m
- From: 1017.5 m
- To: 1017.9 m
- Hole Depth: 1185 m

#### Classification

- Deposit Type: vms
- Program: mixed
- Sample Type: drill
- Group ID: MLV-25-14A W2:1017.5-1017.9
- Mining Method: underground

#### Location

- Easting: 472184
- Northing: 5166958
- Elevation: 341 m
- Azimuth: 162 °
- Dip: 80 °
- Loc. Confidence: high

#### QA/QC

- Laboratory: SGS Laboratories
- QA/QC Disclosed: Yes
- Lab Certified: Yes
- QP Signed: Yes
- QA/QC Methods: blanks, standards

#### Metal Equivalent

- Assumptions Disclosed: Yes

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2026-06-22T00:00:00.000Z

Reasoning: Cobalt grade of 0.01% over 0.40m is a weak intercept for a VMS deposit.

- Negative factor: apparent\_width\_only

Evidence · table

> 0.01

Context: 0.40

### MLV-25-14A W2

[Link to this fact](https://atlas-staging.minestarters.com/news/magna-mining-intersects-29-7-copper-equivalent-over-3-4-metres-consisting-of-9-4--5553b662-8f50-4461-9f89-add2fc88536c#fact-drill-facts-59)

Levack · platinum

#### Identity

- Hole ID: MLV-25-14A W2
- Project: Levack
- Commodity: platinum
- Region: canada\_on
- Reported Region: Ontario
- Ticker: NICU

#### Geometry

- Grade: 15.93
- Grade Unit: g/t
- Intercept: 0.4 m
- From: 1017.5 m
- To: 1017.9 m
- Hole Depth: 1185 m

#### Classification

- Deposit Type: vms
- Program: mixed
- Sample Type: drill
- Group ID: MLV-25-14A W2:1017.5-1017.9
- Mining Method: underground

#### Location

- Easting: 472184
- Northing: 5166958
- Elevation: 341 m
- Azimuth: 162 °
- Dip: 80 °
- Loc. Confidence: high

#### QA/QC

- Laboratory: SGS Laboratories
- QA/QC Disclosed: Yes
- Lab Certified: Yes
- QP Signed: Yes
- QA/QC Methods: blanks, standards

#### Metal Equivalent

- Assumptions Disclosed: Yes

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2026-06-22T00:00:00.000Z

Reasoning: Platinum grade of 15.93 g/t over 0.40m is an exceptional intercept for a VMS deposit.

- Positive factor: bonanza\_intercept

- Negative factor: apparent\_width\_only

Evidence · table

> 15.93

Context: 0.40

### MLV-25-14A W2

[Link to this fact](https://atlas-staging.minestarters.com/news/magna-mining-intersects-29-7-copper-equivalent-over-3-4-metres-consisting-of-9-4--5553b662-8f50-4461-9f89-add2fc88536c#fact-drill-facts-60)

Levack · palladium

#### Identity

- Hole ID: MLV-25-14A W2
- Project: Levack
- Commodity: palladium
- Region: canada\_on
- Reported Region: Ontario
- Ticker: NICU

#### Geometry

- Grade: 20.16
- Grade Unit: g/t
- Intercept: 0.4 m
- From: 1017.5 m
- To: 1017.9 m
- Hole Depth: 1185 m

#### Classification

- Deposit Type: vms
- Program: mixed
- Sample Type: drill
- Group ID: MLV-25-14A W2:1017.5-1017.9
- Mining Method: underground

#### Location

- Easting: 472184
- Northing: 5166958
- Elevation: 341 m
- Azimuth: 162 °
- Dip: 80 °
- Loc. Confidence: high

#### QA/QC

- Laboratory: SGS Laboratories
- QA/QC Disclosed: Yes
- Lab Certified: Yes
- QP Signed: Yes
- QA/QC Methods: blanks, standards

#### Metal Equivalent

- Assumptions Disclosed: Yes

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2026-06-22T00:00:00.000Z

Reasoning: Palladium grade of 20.16 g/t over 0.40m is an exceptional intercept for a VMS deposit.

- Positive factor: bonanza\_intercept

- Negative factor: apparent\_width\_only

Evidence · table

> 20.16

Context: 0.40

### MLV-25-14A W2

[Link to this fact](https://atlas-staging.minestarters.com/news/magna-mining-intersects-29-7-copper-equivalent-over-3-4-metres-consisting-of-9-4--5553b662-8f50-4461-9f89-add2fc88536c#fact-drill-facts-61)

Levack · gold

#### Identity

- Hole ID: MLV-25-14A W2
- Project: Levack
- Commodity: gold
- Region: canada\_on
- Reported Region: Ontario
- Ticker: NICU

#### Geometry

- Grade: 4.69
- Grade Unit: g/t
- Intercept: 0.4 m
- From: 1017.5 m
- To: 1017.9 m
- Hole Depth: 1185 m

#### Classification

- Deposit Type: vms
- Program: mixed
- Sample Type: drill
- Group ID: MLV-25-14A W2:1017.5-1017.9
- Mining Method: underground

#### Location

- Easting: 472184
- Northing: 5166958
- Elevation: 341 m
- Azimuth: 162 °
- Dip: 80 °
- Loc. Confidence: high

#### QA/QC

- Laboratory: SGS Laboratories
- QA/QC Disclosed: Yes
- Lab Certified: Yes
- QP Signed: Yes
- QA/QC Methods: blanks, standards

#### Metal Equivalent

- Assumptions Disclosed: Yes

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2026-06-22T00:00:00.000Z

Reasoning: Gold grade of 4.69 g/t over 0.40m is a strong intercept for a VMS deposit.

- Negative factor: apparent\_width\_only

Evidence · table

> 4.69

Context: 0.40

### MLV-25-14A W2

[Link to this fact](https://atlas-staging.minestarters.com/news/magna-mining-intersects-29-7-copper-equivalent-over-3-4-metres-consisting-of-9-4--5553b662-8f50-4461-9f89-add2fc88536c#fact-drill-facts-62)

Levack · silver

#### Identity

- Hole ID: MLV-25-14A W2
- Project: Levack
- Commodity: silver
- Region: canada\_on
- Reported Region: Ontario
- Ticker: NICU

#### Geometry

- Grade: 152
- Grade Unit: g/t
- Intercept: 0.4 m
- From: 1017.5 m
- To: 1017.9 m
- Hole Depth: 1185 m

#### Classification

- Deposit Type: vms
- Program: mixed
- Sample Type: drill
- Group ID: MLV-25-14A W2:1017.5-1017.9
- Mining Method: underground

#### Location

- Easting: 472184
- Northing: 5166958
- Elevation: 341 m
- Azimuth: 162 °
- Dip: 80 °
- Loc. Confidence: high

#### QA/QC

- Laboratory: SGS Laboratories
- QA/QC Disclosed: Yes
- Lab Certified: Yes
- QP Signed: Yes
- QA/QC Methods: blanks, standards

#### Metal Equivalent

- Assumptions Disclosed: Yes

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2026-06-22T00:00:00.000Z

Reasoning: Silver grade of 152.00 g/t over 0.40m is a moderate intercept for a VMS deposit.

- Negative factor: apparent\_width\_only

Evidence · table

> 152.00

Context: 0.40

### MLV-25-14A W3

[Link to this fact](https://atlas-staging.minestarters.com/news/magna-mining-intersects-29-7-copper-equivalent-over-3-4-metres-consisting-of-9-4--5553b662-8f50-4461-9f89-add2fc88536c#fact-drill-facts-63)

Levack · copper

#### Identity

- Hole ID: MLV-25-14A W3
- Project: Levack
- Commodity: copper
- Region: canada\_on
- Reported Region: Ontario
- Ticker: NICU

#### Geometry

- Grade: 11.42
- Grade Unit: %
- Intercept: 1.21 m
- From: 895.1 m
- To: 896.3 m
- Hole Depth: 1154 m

#### Classification

- Deposit Type: vms
- Program: mixed
- Sample Type: drill
- Group ID: MLV-25-14A W3:895.1-896.3
- Mining Method: underground

#### Location

- Easting: 472184
- Northing: 5166958
- Elevation: 341 m
- Azimuth: 162 °
- Dip: 80 °
- Loc. Confidence: high

#### QA/QC

- Laboratory: SGS Laboratories
- QA/QC Disclosed: Yes
- Lab Certified: Yes
- QP Signed: Yes
- QA/QC Methods: blanks, standards

#### Metal Equivalent

- Metal Eq. Grade: 13.24
- Metal Eq. Unit: % CuEq
- Assumptions Disclosed: Yes

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2026-06-22T00:00:00.000Z

Reasoning: Copper equivalent grade of 13.24% over 1.21m is an exceptional intercept for a VMS deposit.

- Positive factor: bonanza\_intercept

- Negative factor: apparent\_width\_only

Evidence · table

> 13.24

Context: 1.21

### MLV-25-14A W3

[Link to this fact](https://atlas-staging.minestarters.com/news/magna-mining-intersects-29-7-copper-equivalent-over-3-4-metres-consisting-of-9-4--5553b662-8f50-4461-9f89-add2fc88536c#fact-drill-facts-64)

Levack · nickel

#### Identity

- Hole ID: MLV-25-14A W3
- Project: Levack
- Commodity: nickel
- Region: canada\_on
- Reported Region: Ontario
- Ticker: NICU

#### Geometry

- Grade: 0.68
- Grade Unit: %
- Intercept: 1.21 m
- From: 895.1 m
- To: 896.3 m
- Hole Depth: 1154 m

#### Classification

- Deposit Type: vms
- Program: mixed
- Sample Type: drill
- Group ID: MLV-25-14A W3:895.1-896.3
- Mining Method: underground

#### Location

- Easting: 472184
- Northing: 5166958
- Elevation: 341 m
- Azimuth: 162 °
- Dip: 80 °
- Loc. Confidence: high

#### QA/QC

- Laboratory: SGS Laboratories
- QA/QC Disclosed: Yes
- Lab Certified: Yes
- QP Signed: Yes
- QA/QC Methods: blanks, standards

#### Metal Equivalent

- Metal Eq. Grade: 8.37
- Metal Eq. Unit: % NiEq
- Assumptions Disclosed: Yes

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2026-06-22T00:00:00.000Z

Reasoning: Nickel equivalent grade of 8.37% over 1.21m is an exceptional intercept for a VMS deposit.

- Positive factor: bonanza\_intercept

- Negative factor: apparent\_width\_only

Evidence · table

> 8.37

Context: 1.21

### MLV-25-14A W3

[Link to this fact](https://atlas-staging.minestarters.com/news/magna-mining-intersects-29-7-copper-equivalent-over-3-4-metres-consisting-of-9-4--5553b662-8f50-4461-9f89-add2fc88536c#fact-drill-facts-65)

Levack · cobalt

#### Identity

- Hole ID: MLV-25-14A W3
- Project: Levack
- Commodity: cobalt
- Region: canada\_on
- Reported Region: Ontario
- Ticker: NICU

#### Geometry

- Grade: 0.01
- Grade Unit: %
- Intercept: 1.21 m
- From: 895.1 m
- To: 896.3 m
- Hole Depth: 1154 m

#### Classification

- Deposit Type: vms
- Program: mixed
- Sample Type: drill
- Group ID: MLV-25-14A W3:895.1-896.3
- Mining Method: underground

#### Location

- Easting: 472184
- Northing: 5166958
- Elevation: 341 m
- Azimuth: 162 °
- Dip: 80 °
- Loc. Confidence: high

#### QA/QC

- Laboratory: SGS Laboratories
- QA/QC Disclosed: Yes
- Lab Certified: Yes
- QP Signed: Yes
- QA/QC Methods: blanks, standards

#### Metal Equivalent

- Assumptions Disclosed: Yes

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2026-06-22T00:00:00.000Z

Reasoning: Cobalt grade of 0.01% over 1.21m is a weak intercept for a VMS deposit.

- Negative factor: apparent\_width\_only

Evidence · table

> 0.01

Context: 1.21

### MLV-25-14A W3

[Link to this fact](https://atlas-staging.minestarters.com/news/magna-mining-intersects-29-7-copper-equivalent-over-3-4-metres-consisting-of-9-4--5553b662-8f50-4461-9f89-add2fc88536c#fact-drill-facts-66)

Levack · platinum

#### Identity

- Hole ID: MLV-25-14A W3
- Project: Levack
- Commodity: platinum
- Region: canada\_on
- Reported Region: Ontario
- Ticker: NICU

#### Geometry

- Grade: 3.76
- Grade Unit: g/t
- Intercept: 1.21 m
- From: 895.1 m
- To: 896.3 m
- Hole Depth: 1154 m

#### Classification

- Deposit Type: vms
- Program: mixed
- Sample Type: drill
- Group ID: MLV-25-14A W3:895.1-896.3
- Mining Method: underground

#### Location

- Easting: 472184
- Northing: 5166958
- Elevation: 341 m
- Azimuth: 162 °
- Dip: 80 °
- Loc. Confidence: high

#### QA/QC

- Laboratory: SGS Laboratories
- QA/QC Disclosed: Yes
- Lab Certified: Yes
- QP Signed: Yes
- QA/QC Methods: blanks, standards

#### Metal Equivalent

- Assumptions Disclosed: Yes

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2026-06-22T00:00:00.000Z

Reasoning: Platinum grade of 3.76 g/t over 1.21m is a strong intercept for a VMS deposit.

- Negative factor: apparent\_width\_only

Evidence · table

> 3.76

Context: 1.21

### MLV-25-14A W3

[Link to this fact](https://atlas-staging.minestarters.com/news/magna-mining-intersects-29-7-copper-equivalent-over-3-4-metres-consisting-of-9-4--5553b662-8f50-4461-9f89-add2fc88536c#fact-drill-facts-67)

Levack · palladium

#### Identity

- Hole ID: MLV-25-14A W3
- Project: Levack
- Commodity: palladium
- Region: canada\_on
- Reported Region: Ontario
- Ticker: NICU

#### Geometry

- Grade: 0.81
- Grade Unit: g/t
- Intercept: 1.21 m
- From: 895.1 m
- To: 896.3 m
- Hole Depth: 1154 m

#### Classification

- Deposit Type: vms
- Program: mixed
- Sample Type: drill
- Group ID: MLV-25-14A W3:895.1-896.3
- Mining Method: underground

#### Location

- Easting: 472184
- Northing: 5166958
- Elevation: 341 m
- Azimuth: 162 °
- Dip: 80 °
- Loc. Confidence: high

#### QA/QC

- Laboratory: SGS Laboratories
- QA/QC Disclosed: Yes
- Lab Certified: Yes
- QP Signed: Yes
- QA/QC Methods: blanks, standards

#### Metal Equivalent

- Assumptions Disclosed: Yes

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2026-06-22T00:00:00.000Z

Reasoning: Palladium grade of 0.81 g/t over 1.21m is a weak intercept for a VMS deposit.

- Negative factor: apparent\_width\_only

Evidence · table

> 0.81

Context: 1.21

### MLV-25-14A W3

[Link to this fact](https://atlas-staging.minestarters.com/news/magna-mining-intersects-29-7-copper-equivalent-over-3-4-metres-consisting-of-9-4--5553b662-8f50-4461-9f89-add2fc88536c#fact-drill-facts-68)

Levack · gold

#### Identity

- Hole ID: MLV-25-14A W3
- Project: Levack
- Commodity: gold
- Region: canada\_on
- Reported Region: Ontario
- Ticker: NICU

#### Geometry

- Grade: 0.15
- Grade Unit: g/t
- Intercept: 1.21 m
- From: 895.1 m
- To: 896.3 m
- Hole Depth: 1154 m

#### Classification

- Deposit Type: vms
- Program: mixed
- Sample Type: drill
- Group ID: MLV-25-14A W3:895.1-896.3
- Mining Method: underground

#### Location

- Easting: 472184
- Northing: 5166958
- Elevation: 341 m
- Azimuth: 162 °
- Dip: 80 °
- Loc. Confidence: high

#### QA/QC

- Laboratory: SGS Laboratories
- QA/QC Disclosed: Yes
- Lab Certified: Yes
- QP Signed: Yes
- QA/QC Methods: blanks, standards

#### Metal Equivalent

- Assumptions Disclosed: Yes

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2026-06-22T00:00:00.000Z

Reasoning: Gold grade of 0.15 g/t over 1.21m is a weak intercept for a VMS deposit.

- Negative factor: apparent\_width\_only

Evidence · table

> 0.15

Context: 1.21

### MLV-25-14A W3

[Link to this fact](https://atlas-staging.minestarters.com/news/magna-mining-intersects-29-7-copper-equivalent-over-3-4-metres-consisting-of-9-4--5553b662-8f50-4461-9f89-add2fc88536c#fact-drill-facts-69)

Levack · silver

#### Identity

- Hole ID: MLV-25-14A W3
- Project: Levack
- Commodity: silver
- Region: canada\_on
- Reported Region: Ontario
- Ticker: NICU

#### Geometry

- Grade: 60.83
- Grade Unit: g/t
- Intercept: 1.21 m
- From: 895.1 m
- To: 896.3 m
- Hole Depth: 1154 m

#### Classification

- Deposit Type: vms
- Program: mixed
- Sample Type: drill
- Group ID: MLV-25-14A W3:895.1-896.3
- Mining Method: underground

#### Location

- Easting: 472184
- Northing: 5166958
- Elevation: 341 m
- Azimuth: 162 °
- Dip: 80 °
- Loc. Confidence: high

#### QA/QC

- Laboratory: SGS Laboratories
- QA/QC Disclosed: Yes
- Lab Certified: Yes
- QP Signed: Yes
- QA/QC Methods: blanks, standards

#### Metal Equivalent

- Assumptions Disclosed: Yes

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2026-06-22T00:00:00.000Z

Reasoning: Silver grade of 60.83 g/t over 1.21m is a weak intercept for a VMS deposit.

- Negative factor: apparent\_width\_only

Evidence · table

> 60.83

Context: 1.21

### MLV-25-14A W3

[Link to this fact](https://atlas-staging.minestarters.com/news/magna-mining-intersects-29-7-copper-equivalent-over-3-4-metres-consisting-of-9-4--5553b662-8f50-4461-9f89-add2fc88536c#fact-drill-facts-70)

Levack · copper

#### Identity

- Hole ID: MLV-25-14A W3
- Project: Levack
- Commodity: copper
- Region: canada\_on
- Reported Region: Ontario
- Ticker: NICU

#### Geometry

- Intercept: 5.22 m
- From: 924.8 m
- To: 930 m
- Hole Depth: 1154 m

#### Classification

- Deposit Type: vms
- Program: mixed
- Sample Type: drill
- Group ID: MLV-25-14A W3:924.8-930.0
- Mining Method: underground

#### Location

- Easting: 472184
- Northing: 5166958
- Elevation: 341 m
- Azimuth: 162 °
- Dip: 80 °
- Loc. Confidence: high

#### QA/QC

- Laboratory: SGS Laboratories
- QA/QC Disclosed: Yes
- Lab Certified: Yes
- QP Signed: Yes
- QA/QC Methods: blanks, standards

#### Metal Equivalent

- Metal Eq. Grade: 8.69
- Metal Eq. Unit: % CuEq
- Assumptions Disclosed: Yes

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2026-06-22T00:00:00.000Z

Reasoning: Copper equivalent grade of 8.69% over 5.22m is a strong intercept for a VMS deposit.

- Negative factor: apparent\_width\_only

Evidence · table

> 8.69

Context: 5.22

### MLV-25-14A W3

[Link to this fact](https://atlas-staging.minestarters.com/news/magna-mining-intersects-29-7-copper-equivalent-over-3-4-metres-consisting-of-9-4--5553b662-8f50-4461-9f89-add2fc88536c#fact-drill-facts-71)

Levack · nickel

#### Identity

- Hole ID: MLV-25-14A W3
- Project: Levack
- Commodity: nickel
- Region: canada\_on
- Reported Region: Ontario
- Ticker: NICU

#### Geometry

- Intercept: 5.22 m
- From: 924.8 m
- To: 930 m
- Hole Depth: 1154 m

#### Classification

- Deposit Type: vms
- Program: mixed
- Sample Type: drill
- Group ID: MLV-25-14A W3:924.8-930.0
- Mining Method: underground

#### Location

- Easting: 472184
- Northing: 5166958
- Elevation: 341 m
- Azimuth: 162 °
- Dip: 80 °
- Loc. Confidence: high

#### QA/QC

- Laboratory: SGS Laboratories
- QA/QC Disclosed: Yes
- Lab Certified: Yes
- QP Signed: Yes
- QA/QC Methods: blanks, standards

#### Metal Equivalent

- Metal Eq. Grade: 5.49
- Metal Eq. Unit: % NiEq
- Assumptions Disclosed: Yes

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2026-06-22T00:00:00.000Z

Reasoning: Nickel equivalent grade of 5.49% over 5.22m is a strong intercept for a VMS deposit.

- Negative factor: apparent\_width\_only

Evidence · table

> 5.49

Context: 5.22

### MLV-25-14A W3

[Link to this fact](https://atlas-staging.minestarters.com/news/magna-mining-intersects-29-7-copper-equivalent-over-3-4-metres-consisting-of-9-4--5553b662-8f50-4461-9f89-add2fc88536c#fact-drill-facts-72)

Levack · cobalt

#### Identity

- Hole ID: MLV-25-14A W3
- Project: Levack
- Commodity: cobalt
- Region: canada\_on
- Reported Region: Ontario
- Ticker: NICU

#### Geometry

- Grade: 0.01
- Grade Unit: %
- Intercept: 5.22 m
- From: 924.8 m
- To: 930 m
- Hole Depth: 1154 m

#### Classification

- Deposit Type: vms
- Program: mixed
- Sample Type: drill
- Group ID: MLV-25-14A W3:924.8-930.0
- Mining Method: underground

#### Location

- Easting: 472184
- Northing: 5166958
- Elevation: 341 m
- Azimuth: 162 °
- Dip: 80 °
- Loc. Confidence: high

#### QA/QC

- Laboratory: SGS Laboratories
- QA/QC Disclosed: Yes
- Lab Certified: Yes
- QP Signed: Yes
- QA/QC Methods: blanks, standards

#### Metal Equivalent

- Assumptions Disclosed: Yes

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2026-06-22T00:00:00.000Z

Reasoning: Cobalt grade of 0.01% over 5.22m is a weak intercept for a VMS deposit.

- Negative factor: apparent\_width\_only

Evidence · table

> 0.01

Context: 5.22

### MLV-25-14A W3

[Link to this fact](https://atlas-staging.minestarters.com/news/magna-mining-intersects-29-7-copper-equivalent-over-3-4-metres-consisting-of-9-4--5553b662-8f50-4461-9f89-add2fc88536c#fact-drill-facts-73)

Levack · platinum

#### Identity

- Hole ID: MLV-25-14A W3
- Project: Levack
- Commodity: platinum
- Region: canada\_on
- Reported Region: Ontario
- Ticker: NICU

#### Geometry

- Grade: 3.72
- Grade Unit: g/t
- Intercept: 5.22 m
- From: 924.8 m
- To: 930 m
- Hole Depth: 1154 m

#### Classification

- Deposit Type: vms
- Program: mixed
- Sample Type: drill
- Group ID: MLV-25-14A W3:924.8-930.0
- Mining Method: underground

#### Location

- Easting: 472184
- Northing: 5166958
- Elevation: 341 m
- Azimuth: 162 °
- Dip: 80 °
- Loc. Confidence: high

#### QA/QC

- Laboratory: SGS Laboratories
- QA/QC Disclosed: Yes
- Lab Certified: Yes
- QP Signed: Yes
- QA/QC Methods: blanks, standards

#### Metal Equivalent

- Assumptions Disclosed: Yes

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2026-06-22T00:00:00.000Z

Reasoning: Platinum grade of 3.72 g/t over 5.22m is a strong intercept for a VMS deposit.

- Negative factor: apparent\_width\_only

Evidence · table

> 3.72

Context: 5.22

### MLV-25-14A W3

[Link to this fact](https://atlas-staging.minestarters.com/news/magna-mining-intersects-29-7-copper-equivalent-over-3-4-metres-consisting-of-9-4--5553b662-8f50-4461-9f89-add2fc88536c#fact-drill-facts-74)

Levack · palladium

#### Identity

- Hole ID: MLV-25-14A W3
- Project: Levack
- Commodity: palladium
- Region: canada\_on
- Reported Region: Ontario
- Ticker: NICU

#### Geometry

- Grade: 2.9
- Grade Unit: g/t
- Intercept: 5.22 m
- From: 924.8 m
- To: 930 m
- Hole Depth: 1154 m

#### Classification

- Deposit Type: vms
- Program: mixed
- Sample Type: drill
- Group ID: MLV-25-14A W3:924.8-930.0
- Mining Method: underground

#### Location

- Easting: 472184
- Northing: 5166958
- Elevation: 341 m
- Azimuth: 162 °
- Dip: 80 °
- Loc. Confidence: high

#### QA/QC

- Laboratory: SGS Laboratories
- QA/QC Disclosed: Yes
- Lab Certified: Yes
- QP Signed: Yes
- QA/QC Methods: blanks, standards

#### Metal Equivalent

- Assumptions Disclosed: Yes

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2026-06-22T00:00:00.000Z

Reasoning: Palladium grade of 2.90 g/t over 5.22m is a strong intercept for a VMS deposit.

- Negative factor: apparent\_width\_only

Evidence · table

> 2.90

Context: 5.22

### MLV-25-14A W3

[Link to this fact](https://atlas-staging.minestarters.com/news/magna-mining-intersects-29-7-copper-equivalent-over-3-4-metres-consisting-of-9-4--5553b662-8f50-4461-9f89-add2fc88536c#fact-drill-facts-75)

Levack · gold

#### Identity

- Hole ID: MLV-25-14A W3
- Project: Levack
- Commodity: gold
- Region: canada\_on
- Reported Region: Ontario
- Ticker: NICU

#### Geometry

- Grade: 1.37
- Grade Unit: g/t
- Intercept: 5.22 m
- From: 924.8 m
- To: 930 m
- Hole Depth: 1154 m

#### Classification

- Deposit Type: vms
- Program: mixed
- Sample Type: drill
- Group ID: MLV-25-14A W3:924.8-930.0
- Mining Method: underground

#### Location

- Easting: 472184
- Northing: 5166958
- Elevation: 341 m
- Azimuth: 162 °
- Dip: 80 °
- Loc. Confidence: high

#### QA/QC

- Laboratory: SGS Laboratories
- QA/QC Disclosed: Yes
- Lab Certified: Yes
- QP Signed: Yes
- QA/QC Methods: blanks, standards

#### Metal Equivalent

- Assumptions Disclosed: Yes

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2026-06-22T00:00:00.000Z

Reasoning: Gold grade of 1.37 g/t over 5.22m is a moderate intercept for a VMS deposit.

- Negative factor: apparent\_width\_only

Evidence · table

> 1.37

Context: 5.22

### MLV-25-14A W3

[Link to this fact](https://atlas-staging.minestarters.com/news/magna-mining-intersects-29-7-copper-equivalent-over-3-4-metres-consisting-of-9-4--5553b662-8f50-4461-9f89-add2fc88536c#fact-drill-facts-76)

Levack · silver

#### Identity

- Hole ID: MLV-25-14A W3
- Project: Levack
- Commodity: silver
- Region: canada\_on
- Reported Region: Ontario
- Ticker: NICU

#### Geometry

- Grade: 21.53
- Grade Unit: g/t
- Intercept: 5.22 m
- From: 924.8 m
- To: 930 m
- Hole Depth: 1154 m

#### Classification

- Deposit Type: vms
- Program: mixed
- Sample Type: drill
- Group ID: MLV-25-14A W3:924.8-930.0
- Mining Method: underground

#### Location

- Easting: 472184
- Northing: 5166958
- Elevation: 341 m
- Azimuth: 162 °
- Dip: 80 °
- Loc. Confidence: high

#### QA/QC

- Laboratory: SGS Laboratories
- QA/QC Disclosed: Yes
- Lab Certified: Yes
- QP Signed: Yes
- QA/QC Methods: blanks, standards

#### Metal Equivalent

- Assumptions Disclosed: Yes

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2026-06-22T00:00:00.000Z

Reasoning: Silver grade of 21.53 g/t over 5.22m is a weak intercept for a VMS deposit.

- Negative factor: apparent\_width\_only

Evidence · table

> 21.53

Context: 5.22

### MLV-25-14A W3

[Link to this fact](https://atlas-staging.minestarters.com/news/magna-mining-intersects-29-7-copper-equivalent-over-3-4-metres-consisting-of-9-4--5553b662-8f50-4461-9f89-add2fc88536c#fact-drill-facts-77)

Levack · copper

#### Identity

- Hole ID: MLV-25-14A W3
- Project: Levack
- Commodity: copper
- Region: canada\_on
- Reported Region: Ontario
- Ticker: NICU

#### Geometry

- Grade: 5.8
- Grade Unit: %
- Intercept: 2.55 m
- From: 924.8 m
- To: 927.3 m
- Hole Depth: 1154 m

#### Classification

- Deposit Type: vms
- Program: mixed
- Sample Type: drill
- Group ID: MLV-25-14A W3:924.8-927.3
- Mining Method: underground

#### Location

- Easting: 472184
- Northing: 5166958
- Elevation: 341 m
- Azimuth: 162 °
- Dip: 80 °
- Loc. Confidence: high

#### QA/QC

- Laboratory: SGS Laboratories
- QA/QC Disclosed: Yes
- Lab Certified: Yes
- QP Signed: Yes
- QA/QC Methods: blanks, standards

#### Metal Equivalent

- Assumptions Disclosed: Yes

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2026-06-22T00:00:00.000Z

Reasoning: Copper grade of 5.80% over 2.55m is an exceptional intercept for a VMS deposit.

- Positive factor: bonanza\_intercept

- Negative factor: apparent\_width\_only

Evidence · table

> 5.80

Context: 2.55

### MLV-25-14A W3

[Link to this fact](https://atlas-staging.minestarters.com/news/magna-mining-intersects-29-7-copper-equivalent-over-3-4-metres-consisting-of-9-4--5553b662-8f50-4461-9f89-add2fc88536c#fact-drill-facts-78)

Levack · nickel

#### Identity

- Hole ID: MLV-25-14A W3
- Project: Levack
- Commodity: nickel
- Region: canada\_on
- Reported Region: Ontario
- Ticker: NICU

#### Geometry

- Grade: 3.54
- Grade Unit: %
- Intercept: 2.55 m
- From: 924.8 m
- To: 927.3 m
- Hole Depth: 1154 m

#### Classification

- Deposit Type: vms
- Program: mixed
- Sample Type: drill
- Group ID: MLV-25-14A W3:924.8-927.3
- Mining Method: underground

#### Location

- Easting: 472184
- Northing: 5166958
- Elevation: 341 m
- Azimuth: 162 °
- Dip: 80 °
- Loc. Confidence: high

#### QA/QC

- Laboratory: SGS Laboratories
- QA/QC Disclosed: Yes
- Lab Certified: Yes
- QP Signed: Yes
- QA/QC Methods: blanks, standards

#### Metal Equivalent

- Assumptions Disclosed: Yes

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2026-06-22T00:00:00.000Z

Reasoning: Nickel grade of 3.54% over 2.55m is an exceptional intercept for a VMS deposit.

- Positive factor: bonanza\_intercept

- Negative factor: apparent\_width\_only

Evidence · table

> 3.54

Context: 2.55

### MLV-25-14A W3

[Link to this fact](https://atlas-staging.minestarters.com/news/magna-mining-intersects-29-7-copper-equivalent-over-3-4-metres-consisting-of-9-4--5553b662-8f50-4461-9f89-add2fc88536c#fact-drill-facts-79)

Levack · cobalt

#### Identity

- Hole ID: MLV-25-14A W3
- Project: Levack
- Commodity: cobalt
- Region: canada\_on
- Reported Region: Ontario
- Ticker: NICU

#### Geometry

- Grade: 0.03
- Grade Unit: %
- Intercept: 2.55 m
- From: 924.8 m
- To: 927.3 m
- Hole Depth: 1154 m

#### Classification

- Deposit Type: vms
- Program: mixed
- Sample Type: drill
- Group ID: MLV-25-14A W3:924.8-927.3
- Mining Method: underground

#### Location

- Easting: 472184
- Northing: 5166958
- Elevation: 341 m
- Azimuth: 162 °
- Dip: 80 °
- Loc. Confidence: high

#### QA/QC

- Laboratory: SGS Laboratories
- QA/QC Disclosed: Yes
- Lab Certified: Yes
- QP Signed: Yes
- QA/QC Methods: blanks, standards

#### Metal Equivalent

- Assumptions Disclosed: Yes

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2026-06-22T00:00:00.000Z

Reasoning: Cobalt grade of 0.03% over 2.55m is a weak intercept for a VMS deposit.

- Negative factor: apparent\_width\_only

Evidence · table

> 0.03

Context: 2.55

### MLV-25-14A W3

[Link to this fact](https://atlas-staging.minestarters.com/news/magna-mining-intersects-29-7-copper-equivalent-over-3-4-metres-consisting-of-9-4--5553b662-8f50-4461-9f89-add2fc88536c#fact-drill-facts-80)

Levack · platinum

#### Identity

- Hole ID: MLV-25-14A W3
- Project: Levack
- Commodity: platinum
- Region: canada\_on
- Reported Region: Ontario
- Ticker: NICU

#### Geometry

- Grade: 7.1
- Grade Unit: g/t
- Intercept: 2.55 m
- From: 924.8 m
- To: 927.3 m
- Hole Depth: 1154 m

#### Classification

- Deposit Type: vms
- Program: mixed
- Sample Type: drill
- Group ID: MLV-25-14A W3:924.8-927.3
- Mining Method: underground

#### Location

- Easting: 472184
- Northing: 5166958
- Elevation: 341 m
- Azimuth: 162 °
- Dip: 80 °
- Loc. Confidence: high

#### QA/QC

- Laboratory: SGS Laboratories
- QA/QC Disclosed: Yes
- Lab Certified: Yes
- QP Signed: Yes
- QA/QC Methods: blanks, standards

#### Metal Equivalent

- Assumptions Disclosed: Yes

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2026-06-22T00:00:00.000Z

Reasoning: Platinum grade of 7.10 g/t over 2.55m is an exceptional intercept for a VMS deposit.

- Positive factor: bonanza\_intercept

- Negative factor: apparent\_width\_only

Evidence · table

> 7.10

Context: 2.55

### MLV-25-14A W3

[Link to this fact](https://atlas-staging.minestarters.com/news/magna-mining-intersects-29-7-copper-equivalent-over-3-4-metres-consisting-of-9-4--5553b662-8f50-4461-9f89-add2fc88536c#fact-drill-facts-81)

Levack · palladium

#### Identity

- Hole ID: MLV-25-14A W3
- Project: Levack
- Commodity: palladium
- Region: canada\_on
- Reported Region: Ontario
- Ticker: NICU

#### Geometry

- Grade: 4.45
- Grade Unit: g/t
- Intercept: 2.55 m
- From: 924.8 m
- To: 927.3 m
- Hole Depth: 1154 m

#### Classification

- Deposit Type: vms
- Program: mixed
- Sample Type: drill
- Group ID: MLV-25-14A W3:924.8-927.3
- Mining Method: underground

#### Location

- Easting: 472184
- Northing: 5166958
- Elevation: 341 m
- Azimuth: 162 °
- Dip: 80 °
- Loc. Confidence: high

#### QA/QC

- Laboratory: SGS Laboratories
- QA/QC Disclosed: Yes
- Lab Certified: Yes
- QP Signed: Yes
- QA/QC Methods: blanks, standards

#### Metal Equivalent

- Assumptions Disclosed: Yes

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2026-06-22T00:00:00.000Z

Reasoning: Palladium grade of 4.45 g/t over 2.55m is a strong intercept for a VMS deposit.

- Negative factor: apparent\_width\_only

Evidence · table

> 4.45

Context: 2.55

### MLV-25-14A W3

[Link to this fact](https://atlas-staging.minestarters.com/news/magna-mining-intersects-29-7-copper-equivalent-over-3-4-metres-consisting-of-9-4--5553b662-8f50-4461-9f89-add2fc88536c#fact-drill-facts-82)

Levack · gold

#### Identity

- Hole ID: MLV-25-14A W3
- Project: Levack
- Commodity: gold
- Region: canada\_on
- Reported Region: Ontario
- Ticker: NICU

#### Geometry

- Grade: 2.54
- Grade Unit: g/t
- Intercept: 2.55 m
- From: 924.8 m
- To: 927.3 m
- Hole Depth: 1154 m

#### Classification

- Deposit Type: vms
- Program: mixed
- Sample Type: drill
- Group ID: MLV-25-14A W3:924.8-927.3
- Mining Method: underground

#### Location

- Easting: 472184
- Northing: 5166958
- Elevation: 341 m
- Azimuth: 162 °
- Dip: 80 °
- Loc. Confidence: high

#### QA/QC

- Laboratory: SGS Laboratories
- QA/QC Disclosed: Yes
- Lab Certified: Yes
- QP Signed: Yes
- QA/QC Methods: blanks, standards

#### Metal Equivalent

- Assumptions Disclosed: Yes

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2026-06-22T00:00:00.000Z

Reasoning: Gold grade of 2.54 g/t over 2.55m is a strong intercept for a VMS deposit.

- Negative factor: apparent\_width\_only

Evidence · table

> 2.54

Context: 2.55

### MLV-26-41

[Link to this fact](https://atlas-staging.minestarters.com/news/magna-mining-intersects-29-7-copper-equivalent-over-3-4-metres-consisting-of-9-4--5553b662-8f50-4461-9f89-add2fc88536c#fact-drill-facts-83)

Levack · copper

#### Identity

- Hole ID: MLV-26-41
- Project: Levack
- Commodity: copper
- Region: canada\_on
- Reported Region: Ontario
- Ticker: NICU

#### Geometry

- Grade: 7.16
- Grade Unit: %
- Intercept: 2.17 m
- From: 411.9 m
- To: 414.1 m

#### Classification

- Deposit Type: vms
- Sample Type: drill
- Group ID: MLV-26-41:411.9-414.1
- Mining Method: underground

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2026-06-22T00:00:00.000Z

Reasoning: Expanded from assay table. 7.16 % copper is exceptional against the vms deposit band \[2.5, 1.5, 0.8, 0.4\] %. Grade×width 15.5 %·m is below \(grade alone is exceptional; the better of the two is used\).

- Positive factor: 7.16 % copper is exceptional on the vms deposit band.

- Negative factor: Scored from rubric bands during table expansion, not from document context.

Evidence · table

> 7.16

Context: MLV-26-41

### MLV-26-41

[Link to this fact](https://atlas-staging.minestarters.com/news/magna-mining-intersects-29-7-copper-equivalent-over-3-4-metres-consisting-of-9-4--5553b662-8f50-4461-9f89-add2fc88536c#fact-drill-facts-84)

Levack · nickel

#### Identity

- Hole ID: MLV-26-41
- Project: Levack
- Commodity: nickel
- Region: canada\_on
- Reported Region: Ontario
- Ticker: NICU

#### Geometry

- Grade: 0.24
- Grade Unit: %
- Intercept: 2.17 m
- From: 411.9 m
- To: 414.1 m

#### Classification

- Deposit Type: vms
- Sample Type: drill
- Group ID: MLV-26-41:411.9-414.1
- Mining Method: underground

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2026-06-22T00:00:00.000Z

Reasoning: Expanded from assay table. 0.24 % nickel is below against the default band \[3, 1.5, 0.8, 0.3\] %.

- Negative factor: 0.24 % nickel is below the weak threshold \(0.3 %\) on the default band.

- Negative factor: Scored from rubric bands during table expansion, not from document context.

Evidence · table

> 0.24

Context: MLV-26-41

### MLV-26-41

[Link to this fact](https://atlas-staging.minestarters.com/news/magna-mining-intersects-29-7-copper-equivalent-over-3-4-metres-consisting-of-9-4--5553b662-8f50-4461-9f89-add2fc88536c#fact-drill-facts-85)

Levack · cobalt

#### Identity

- Hole ID: MLV-26-41
- Project: Levack
- Commodity: cobalt
- Region: canada\_on
- Reported Region: Ontario
- Ticker: NICU

#### Geometry

- Grade: 0.01
- Grade Unit: %
- Intercept: 2.17 m
- From: 411.9 m
- To: 414.1 m

#### Classification

- Deposit Type: vms
- Sample Type: drill
- Group ID: MLV-26-41:411.9-414.1
- Mining Method: underground

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2026-06-22T00:00:00.000Z

Reasoning: Expanded from assay table. 0.01 % cobalt is below against the default band \[0.5, 0.3, 0.15, 0.08\] %.

- Negative factor: 0.01 % cobalt is below the weak threshold \(0.08 %\) on the default band.

- Negative factor: Scored from rubric bands during table expansion, not from document context.

Evidence · table

> 0.01

Context: MLV-26-41

### MLV-26-41

[Link to this fact](https://atlas-staging.minestarters.com/news/magna-mining-intersects-29-7-copper-equivalent-over-3-4-metres-consisting-of-9-4--5553b662-8f50-4461-9f89-add2fc88536c#fact-drill-facts-86)

Levack · platinum

#### Identity

- Hole ID: MLV-26-41
- Project: Levack
- Commodity: platinum
- Region: canada\_on
- Reported Region: Ontario
- Ticker: NICU

#### Geometry

- Grade: 0.29
- Grade Unit: g/t
- Intercept: 2.17 m
- From: 411.9 m
- To: 414.1 m

#### Classification

- Deposit Type: vms
- Sample Type: drill
- Group ID: MLV-26-41:411.9-414.1
- Mining Method: underground

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2026-06-22T00:00:00.000Z

Reasoning: Expanded from assay table: 0.29 g/t platinum. No grade band defined for this commodity, so the score is a placeholder.

- Negative factor: No grade rubric for platinum; intercept not scored.

Evidence · table

> 0.29

Context: MLV-26-41

### MLV-26-41

[Link to this fact](https://atlas-staging.minestarters.com/news/magna-mining-intersects-29-7-copper-equivalent-over-3-4-metres-consisting-of-9-4--5553b662-8f50-4461-9f89-add2fc88536c#fact-drill-facts-87)

Levack · palladium

#### Identity

- Hole ID: MLV-26-41
- Project: Levack
- Commodity: palladium
- Region: canada\_on
- Reported Region: Ontario
- Ticker: NICU

#### Geometry

- Grade: 2.71
- Grade Unit: g/t
- Intercept: 2.17 m
- From: 411.9 m
- To: 414.1 m

#### Classification

- Deposit Type: vms
- Sample Type: drill
- Group ID: MLV-26-41:411.9-414.1
- Mining Method: underground

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2026-06-22T00:00:00.000Z

Reasoning: Expanded from assay table: 2.71 g/t palladium. No grade band defined for this commodity, so the score is a placeholder.

- Negative factor: No grade rubric for palladium; intercept not scored.

Evidence · table

> 2.71

Context: MLV-26-41

### MLV-26-41

[Link to this fact](https://atlas-staging.minestarters.com/news/magna-mining-intersects-29-7-copper-equivalent-over-3-4-metres-consisting-of-9-4--5553b662-8f50-4461-9f89-add2fc88536c#fact-drill-facts-88)

Levack · gold

#### Identity

- Hole ID: MLV-26-41
- Project: Levack
- Commodity: gold
- Region: canada\_on
- Reported Region: Ontario
- Ticker: NICU

#### Geometry

- Grade: 0.15
- Grade Unit: g/t
- Intercept: 2.17 m
- From: 411.9 m
- To: 414.1 m

#### Classification

- Deposit Type: vms
- Sample Type: drill
- Group ID: MLV-26-41:411.9-414.1
- Mining Method: underground

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2026-06-22T00:00:00.000Z

Reasoning: Expanded from assay table. 0.15 g/t gold is below against the underground mining band \[15, 7, 4, 2.5\] g/t. Grade×width 0.3 g/t·m is below.

- Negative factor: 0.15 g/t gold is below the weak threshold \(2.5 g/t\) on the underground mining band.

- Negative factor: Scored from rubric bands during table expansion, not from document context.

Evidence · table

> 0.15

Context: MLV-26-41

### MLV-26-41

[Link to this fact](https://atlas-staging.minestarters.com/news/magna-mining-intersects-29-7-copper-equivalent-over-3-4-metres-consisting-of-9-4--5553b662-8f50-4461-9f89-add2fc88536c#fact-drill-facts-89)

Levack · silver

#### Identity

- Hole ID: MLV-26-41
- Project: Levack
- Commodity: silver
- Region: canada\_on
- Reported Region: Ontario
- Ticker: NICU

#### Geometry

- Grade: 23.06
- Grade Unit: g/t
- Intercept: 2.17 m
- From: 411.9 m
- To: 414.1 m

#### Classification

- Deposit Type: vms
- Sample Type: drill
- Group ID: MLV-26-41:411.9-414.1
- Mining Method: underground

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2026-06-22T00:00:00.000Z

Reasoning: Expanded from assay table. 23.06 g/t silver is below against the default band \[500, 200, 100, 30\] g/t. Grade×width 50.0 g/t·m is below.

- Negative factor: 23.06 g/t silver is below the weak threshold \(30 g/t\) on the default band.

- Negative factor: Scored from rubric bands during table expansion, not from document context.

Evidence · table

> 23.06

Context: MLV-26-41

## How Atlas produces this analysis

Minestarters Atlas uses automated extraction to summarize mining announcements, identify reported measurements, and classify supporting evidence. Sentiment reflects the extracted narrative and classification rules; it is an interpretation, not a reported measurement. Evidence quotes and context are provided where available. Missing data, low-confidence results, and review flags indicate limitations. Check the original publisher announcement before relying on an interpretation.
