The Bulldog and Kappa deposits have an estimated inferred resource of 3.05 million tonnes grading 3.2 g/t for 318,000 oz. of contained gold.

Development is underway with the second quarter of 2023 the target for first gold production.

Magna is exploring the restart of a past-producing underground mine and adding an open-pit operation to the site, also known as Crean Hill.

Shares of American Eagle shot up nearly six-fold at Monday's close following the new drill results.

High-grade core within the Llaguen mineral resource includes 113 million tonnes of indicated resources at 0.60% copper-equivalent.

Results of drilling completed between January 2020 and May 2022 at Beatons Creek includes an indicated resource of 3.1 million tonnes at 2.4 g/t gold for 234,000 oz. gold.

Highlights from recent drilling at Lotto North include intervals of 37.36 grams gold per tonne from 69.45 to 71.5 metres depth.

Virtual conference to showcase exploration and investment opportunities in Atlantic Canada province.