news

16.1.2017

New JV agreement with Boliden on the Pelkosenniemi Property

DrillingMagnus Minerals has signed a JV agreement with Boliden regarding the Pelkosenniemi property and started drilling on the Pelkosenniemi site on Jan 11th 2017.

1.12.2016

Magnus Minerals in Mines & Money London

Magnus Minerals, Mines and Money LondonMagnus Minerals attended Mines and Money London, which is Europe’s largest mining investment conference and exhibition, bringing together over 2,500 attendees from 75 countries.

3.11.2016

Petri Peltonen starts as Senior Advisor for Magnus Minerals

Petri PeltonenPetri has worked on variety of commodities and deposit types including volcanic-hosted massive sulfides (VMS), iron ore, Cu-porphyry deposits, technology metals, gold and diamonds. Mostly recently he was engaged as Exploration Manager Europe for the First Quantum Minerals Ltd.

Petri is an accreted Chartered Professional of Australian Institute of Mining and Metallurgy (AusIMM), European Geologist (EurGeol), Qualified Person (QP) and SEG Fellow.

15.6.2016

Magnus Minerals Ltd has bought 100% of Oy SES Finland Ltd.

Magnus Minerals has bought 100% ownership of Oy SES Finland Ltd in June 2016. SES Finland did exploration from the end of 1980 to 2005. They worked with BHP, DiaMet and a number of other companies doing exploration work with more than 30 million USD. Magnus Minerals will have SES Finland’s database and will utilize it for exploration purposes.

23.2.2016

Lapland update

Magnus Minerals has had a briefing to local stakeholders in Sodankylä regarding exploration in the Kitinen area with Boliden on 23. Feb 2016 at 6 PM.

5.11.2015

Lapland update

Kitinen areaMagnus Minerals is working together with Boliden in the Kitinen area in Northern Finland.

Exploration Project - Kitinen area (red)

29.10.2015

Lapland update

Magnus Minerals has had a briefing to local stakeholders in Sodankylä regarding exploration in the Kitinen area with a new partner.

29.8.2015

Lapland update

Magnus Minerals has had a briefing to local stakeholders in Sodankylä and Pelkosenniemi regarding exploration in Lapland. Antofagasta has withdrawn from Finland.

30.4.2014

Antofagasta has approved another DP (Designated Project)

Antofagasta has approved another DP (Designated Project) for Lapland with a 1M$ budget. 2014 years budget for Antofagasta work now stand at about 3.2M$.

25.4.2014

Lapland update

The projects in Lapland have advanced according to plan. Mapping, prospecting, soil geochemistry, historic data review, and VTEM surveys have been done.

We have more than 100 hundred anomalies identified and we have done Base of Till Drilling in more than 40 targets.

18.12.2013

Antofagasta funds project in northern Finland

Antofagasta Minerals approved a 2.5M $ budget for 2014 for the Pelkosenniemi and Sodankylä projects. In 2013 Magnus operated a 2M $ budget for Antofasgasta and 0.5M$ in 2012.

2.12.2013

FinnAust listed in London

FinnAust Mining got listed in London on the AIM-exchange on 2.12.2013. Magnus Minerals owns 5.6% of FinnAust. Western Areas owns 68 %. Magnus Minerals has royalties on a number of FinnAust projects. FinnAust website

22.10.2012

FinnAust intersects 3.4m @ 11.5% copper, 54.4ppm silver and 3.0ppm gold at the Hammaslahti mine.

The highest grade drill hole intersection at Hammaslahti by FinnAust to date is: DDH R303 DT7: 3.4m @ 11.5% copper, 54.4ppm silver and 3.0ppm gold from 546.1m down hole depth.

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