Magna Mining Reports Fourth Quarter and Full Year 2025 Financial Results

Highlights

• During the three months ended December 31, 2025 (“Q4 2025”), Magna successfully achieved a positive cash margin* of $3.3 million at the McCreedy West copper-precious metals-nickel Mine (“McCreedy West”), located in Sudbury, Ontario, Canada.
• In Q4 2025, 84,954 tons of ore was processed from the 700 Footwall Copper Zone at McCreedy West (see news release dated January 20, 2026) at a grade of 3.41% copper equivalent (“CuEq”)¹.
• The Company produced 5.0 million CuEq payable pounds (“lbs”) in Q4 2025, representing the strongest quarterly production at McCreedy West since the Company completed the acquisition of a portfolio of Sudbury assets, including McCreedy West, on February 28, 2025.
• Quarterly cash costs* and All-in sustaining costs* (“AISC”) of US$3.08 per CuEq lb, and US$3.49 per CuEq lb, respectively.
• During the ten months of Company ownership in 2025, McCreedy West produced 11.5 million CuEq payable lbs at a grade of 3.10% CuEq, with cash costs of US$3.72/lb, and AISC of US$4.47/lb.
• Total cash margin at McCreedy West in 2025 was $0.4 million.
• Ended Q4 2025 with cash and cash equivalents of $55.9 million, after investing $8.2 million in exploration and evaluation expenses in 2025 on Levack and Crean Hill, with the completion of studies on both of these projects scheduled for the third quarter of 2026.

Übersetzung:

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  Im vierten Quartal 2025, das am 31. Dezember 2025 endete, erzielte Magna in der Kupfer-Edelmetall-Nickel-Mine McCreedy West („McCreedy West“) in Sudbury, Ontario, Kanada, einen positiven Cashflow* von 3,3 Millionen US-Dollar.
• Im vierten Quartal 2025 wurden 84.954 Tonnen Erz aus der 700 Footwall Copper Zone bei McCreedy West (siehe Pressemitteilung vom 20. Januar 2026 ) mit einem Gehalt von 3,41 % Kupferäquivalent („CuEq“) verarbeitet ¹ .
• Das Unternehmen produzierte im vierten Quartal 2025 5,0 Millionen CuEq zahlbare Pfund („lbs“), was die stärkste Quartalsproduktion in McCreedy West seit dem Abschluss der Übernahme eines Portfolios von Sudbury-Anlagen durch das Unternehmen, einschließlich McCreedy West, am 28. Februar 2025 darstellt.
• Die vierteljährlichen Cash-Kosten* und die Gesamtkosten der Aufrechterhaltung* („AISC“) betragen 3,08 US$ pro CuEq lb bzw. 3,49 US$ pro CuEq lb.
• Während der zehnmonatigen Besitzzeit des Unternehmens im Jahr 2025 produzierte McCreedy West 11,5 Millionen CuEq zahlbare Pfund mit einem Gehalt von 3,10 % CuEq, bei Cash-Kosten von 3,72 US$/lb und AISC von 4,47 US$/lb.
• Der Gesamt-Cash-Marge bei McCreedy West betrug im Jahr 2025 0,4 Millionen US-Dollar.
• Zum Ende des vierten Quartals 2025 verfügte das Unternehmen über liquide Mittel in Höhe von 55,9 Millionen US-Dollar, nachdem es im Jahr 2025 8,2 Millionen US-Dollar in Explorations- und Bewertungskosten für die Projekte Levack und Crean Hill investiert hatte. Der Abschluss der Studien zu beiden Projekten ist für das dritte Quartal 2026 geplant.

Magna Mining Announces Conditional Approval to Graduate to the Toronto Stock Exchange

Magna Mining Reports Operating and Financial Results for the First Quarter of 2026
https://ceo.ca/@GlobeNewswire/…ing-and-financial-results

Highlights

• During Q1 2026, Magna achieved a positive cash margin* of $6.0 million at the McCreedy West copper-precious metals-nickel Mine (“McCreedy West”), located in Sudbury, Ontario, Canada.
• In Q1 2026, 82,296 tons of ore was processed from the 700 Footwall Copper Zone at McCreedy West at a grade of 3.38% copper equivalent (“CuEq”)¹ based on realized metal prices in the quarter.
• The Company produced 4.1 million CuEq payable pounds (“lbs”) in Q1 2026. With both tonnage and grades forecast to increase from Q1, the Company continues to expect to achieve full year production guidance of 16-18 million CuEq payable lbs.
• Quarterly cash costs* and All-in sustaining costs* (“AISC”) of US$3.48 per CuEq lb, and US$4.21 per CuEq lb, respectively. Production costs per ton processed in Q1 2026 declined by 5.3% quarter over quarter to $214 per ton.

• Ended Q1 2026 with cash and cash equivalents of $35.8 million and a working capital balance of $53.7 million. At March 31, 2026 the Company's Trade and Other Receivables had increased to $36.7 million which included $28.2 million in metal receivables, as well as $7.8 million from reimbursable costs related to an egress project for a neighbouring mine. Subsequent to the end of Q1 2026, $11.5 million of the Trade and Other Receivables has been received.
• Exploration and evaluation expenses in Q1 2026 of $2.8 million, including $2.3 million at Levack Mine as focus transitioned to infrastructure readiness to support early ore sources and new underground exploration platforms to test the R2 Footwall Zone, with completion of a Preliminary Economic Assessment (“PEA”) expected in Q3.
• During Q1 2026, the Company announced initial Mining Reserves for the 700/PM copper-precious metals Zones at McCreedy West which demonstrate an initial three-year production profile, assuming forecasted mining rates which are in line with the current operation and 2026 guidance.
• Subsequent to the end of Q1 2026, on May 4, 2026 the Company announced that it has received conditional approval to list its common shares on the Toronto Stock Exchange (“TSX”) and graduate from the TSX Venture Exchange (“TSXV”). Final approval of the listing is subject to the Company fulfilling all of the requirements of the TSX, including receipt of all required documentation on or before July 29, 2026.

Magna Mining: Produktionssteigerung um das Fünffache bis 2029 geplant
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Ich glaube nicht mehr so recht an Magna M. und habe mich schon vor ca. 2 Monaten von ihr getrennt,… Anmelden oder registrieren