# Magna Terra Minerals Reports Additional Prospecting Results and Commences Airborne Magnetic and Electromagnetic Survey at the Prospect Or's Dream Epithermal Gold Project, New Brunswick

Canonical Atlas analysis: https://atlas-staging.minestarters.com/news/magna-terra-minerals-reports-additional-prospecting-results-and-commences-airbor--009560ba-9dfb-4932-839a-7f142652728e

Original source: https://www.juniorminingnetwork.com/junior-miner-news/press-releases/1649-tsx-venture/mtt/211977-magna-terra-reports-additional-prospecting-results-and-commences-airborne-magnetic-and-electromagnetic-survey-at-the-prospect-or-s-dream-epithermal-gold-project-new-brunswick.html

Publisher: jmn

Original announcement: 2026-09-29T05:11:21.000Z

Analysis by Minestarters Atlas

Atlas analysis published: 2026-09-29T15:18:35.764Z

Atlas analysis updated: 2026-09-29T15:18:35.764Z

- Company: Magna Terra Minerals Inc.

- Ticker: MTT

- Exchange: TSXV

- Region: New Brunswick

- Primary commodity: Gold

- Secondary commodities: Silver, Antimony, Arsenic, Mercury, Tellurium

- Document categories: Drill results, Other

- Extracted: 2026-09-29 15:18:36 UTC

Narrative sentiment: 0.40 · Bullish

## Minestarters Atlas summary

Magna Terra Minerals has commenced a property-wide airborne magnetic and electromagnetic survey at the Prospect Or's Dream epithermal gold project in New Brunswick. The company also provided updates on recent prospecting work, noting gold grab sample assays of up to 1.97 g/t and the identification of new mineralized trends.

Reasoning: The announcement focuses on the commencement of a geophysical survey and updates on prospecting \(rock grab samples\) rather than new drill intercepts. The gold grades reported are from surface grab samples, which are inherently selective.

- Positive factor: commencement of property-wide geophysical survey

- Positive factor: identification of epithermal quartz-sulphide veins

- Positive factor: expansion of property footprint

- Positive factor: government financial assistance

- Negative factor: results are from selective rock grab samples

Facts used in scoring: 1

## Classification and evidence

**Infill Drilling**

Polarity: neutral

Definition: Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: The document describes prospecting and geophysical surveys rather than new discovery drilling.

Evidence · text

> commenced an airborne magnetic and electromagnetic survey

**QA/QC Disclosed**

Polarity: positive

Definition: Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods \(blanks, standards, duplicates\).

Why it applies: The release names the laboratory \(ALS Canada Ltd.\) and confirms the review by a Qualified Person.

Evidence · text

> All rock samples collected were submitted to ALS Canada Ltd.

## Extracted facts

Stored fact records: 1. Some facts used in scoring do not have a stored record.

## Drill Results (1)

### Fact 1

[Link to this fact](https://atlas-staging.minestarters.com/news/magna-terra-minerals-reports-additional-prospecting-results-and-commences-airbor--009560ba-9dfb-4932-839a-7f142652728e#fact-drill-facts-0)

gold

Historical result

Needs review: historical\_restatement

#### Identity

- Commodity: gold
- Region: canada\_nb
- Reported Region: New Brunswick
- Ticker: MTT

#### Geometry

- Grade: 1.97
- Grade Unit: g/t

#### Classification

- Sample Type: surface

#### Location

- Location: Prospect Or's Dream
- Loc. Source: document

#### QA/QC

- Laboratory: ALS Canada Ltd.
- QA/QC Disclosed: Yes
- QP Signed: Yes

#### Deleterious

- Deleterious Flag: No
- Deleterious Elements: arsenic, antimony, mercury, tellurium

#### Review

- Needs Review: Yes
- Review Reason: historical\_restatement
- Interp. Status: scored
- Historical: Yes
- Historical Source Date: 2026-08-20T00:00:00.000Z

#### Dates

- Event date: 2026-09-29T00:00:00.000Z

Reasoning: This is a restatement of results previously reported on August 20, 2026. The grade is from surface grab samples, which are highly selective.

- Negative factor: selective sampling

Evidence · text

> up to 1.97 g/t gold from grab samples

#### Tags used in scoring

**QA/QC Disclosed**

Polarity: positive

Definition: Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods \(blanks, standards, duplicates\).

Why it applies: qaqc\_disclosed is true

**Cut-off Undisclosed**

Polarity: negative

Definition: High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff\_grade was stated

**Stale Data Re-release**

Polarity: negative

Definition: Historical results re-announced with no new assays or reinterpretation — low genuine novelty.

Why it applies: the fact restates a prior release

**Nearology Play**

Polarity: neutral

Definition: Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "MORE MINING NEWS Revival Gold Reports Additional Infill Results with 2026 Drilling Now 64% Complete at Mercur Kenorland "

## 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.
