Magna Terra Discovers Massive Sulphide Mineralization in Boulders and Provides an Update on the Rocky Brook Project in the Bathurst Mining
Magna Terra Discovers Massive Sulphide Mineralization in Boulders
and Provides an Update on the Rocky Brook Project in the Bathurst Mining
Camp, New Brunswick
Toronto, Ontario – July 10, 2025 – Magna Terra Minerals Inc . (the “Company” or “ Magna Terra”) (TSX-V:
MTT) is pleased to announce that it has completed its first phase of field work on its recently acquired Rocky Brook
Project (“Rocky Brook” or the “Project”) , located in the prolific Bathurst Mining Camp of northern New Brunswick
(Figure 1). During field work, the team identified rock float (boulder) samples * of massive sulphide over a strike
length of 250 metres that is coincident with an east-west trending airborne conductor between the Restigouche and
Murray Brook Deposits ( Figures 2 and 3). The two locations of massive sulphide float consist of largely pyrite,
pyrrhotite with minor amounts of sphalerite. In addition, 1,970 B -horizon soil samples were collected over the
Boudreau Brook Trend and 236 rock float and outcrop samples * were collected over the Project area during
prospecting and geological mapping. The Company has also compiled significant historical data that has resulted in
the identification of the Boudreau Brook Trend – a 15-kilometre-long zone of coincident airborne electromagnetic
conductivity and anomalous Cu- Zn-Co rock and soil samples. The Boudreau Brook Trend includes other known
occurrences at the Boudreau Brook and Fossil Hill targets, where previous rock grab sampling* has returned 3% Cu
and 16.65% Cu and 0.64% Co, respectively as well as highlighting several other coincident geochemical and
geophysical targets (Figures 4 and 5).
All soil and rock samples collected were submitted to ALS Canada Ltd. in Moncton, New Brunswick and will be
analysed for gold (method AU -AA23) and multi-element geochemistry, including elements Cu, Pb, Zn, Co, and Ag
(method ME-ICP41). Analytical results are pending and will be reported in a future news release.
Magna Terra would like to acknowledge and thank the Province of New Brunswick for partial financial assistance
granted for work on the Rocky Brook Project under the New Brunswick Junior Mining Assistance Program
(“NBJMAP”).
Rocky Brook Project Highlights
• The Project covers a 30 -kilometre extent of the Rock y Brook-Millstream Fault system as well as a 4 0-
kilometre extent of favo urable California Lake felsic volcanic and sedimentary rocks that are host to the
nearby Restigouche, Murray Brook, and Caribou Deposits;
• Identification of the Boudreau Brook Trend – a 15 kilometre trend of coincident geochemical and geophysical
anomalies and historical prospects;
• Strategically position ed along strike from Kinross -Puma’s Lynx Zone gold discovery and adjacent to the
past-producing Caribou Mine and Murray Brook base metal deposits;
• Recent discovery in 2023 of h igh-grade gold assays from grab samples * assaying up to 5.23 g/t Au over a
400 m area at Fournier Lake;
• Previous work at the Fossil Hill Zone has discovered high- grade copper -cobalt mineralization with grab
samples* assaying up to 16.65% Cu and 0.64% Co;
• Previous work at the Boudreau Brook prospect has discovered copper mineralization assaying up to 3% Cu;
• The property covers the Restigouche C-4 and C-5 footwall Cu-rich “feeder” zones where previous historical
drilling at the C -4 zone and in hole C -4 that intersected 4.36 m grading 0.2% Cu, 1.6% Pb and 6.74% Zn
(from 17.3 to 21.6 m). The best intersection in the C -5 area was reported in hole C -5 that intersected 2.06%
Cu and 0.57% Zn over 4.5 m (from 51.9 to 56.4 m);
• Located in the prolific Bathurst Mining Camp within the top-tier mining jurisdiction of New Brunswick; and
• Year-round accessibility with road access to the majority of the property.
“We are pleased to announce the completion of the first phase of reconnaissance exploration at our Rocky Brook
Project with a highlight discovery of previously unknown massive sulfide mineralization in float along a 250 -metre
strike length coincident with a geophysical conductor between the Restigouche and Murray Brook Deposits. This is
significant early -stage success in this initial exploration program. This area will require additional follow -up
exploration to better define the extent and nature of the potential bedrock host to the massive sulphide float. In
addition, we have also completed soil sampling largely covering the 15-kilometre-long coincident conductor and Cu-
Zn-Co soil and rock samples from previous work at Boudreau Brook. Once we have all the requisite data needed to
follow-up on this large target later this summer , we will focus efforts on the area of massive sulphide mineralization
and any additional coincident geochemical and geophysical anomalies as well as any other areas of interest that we
identify through cost effective historical compilation work. We look forward to updating shareholders on the results
of this initial work program and sincerely appreciate the financial support of the Province of New Brunswick through
the NBJMAP.”
~ Lew Lawrick, President and CEO, Magna Terra Minerals Inc.
Prospecting and Geological Mapping
A total of 229 rock float and outcrop samples were collected by Magna Terra staff and consultants that covered three
key areas of the Project on a reconnaissance basis.
Restigouche Property – 121 rock samples collected from the Restigouche Property that led to the identification of
angular to sub- angular massive sulphide boulders (pyrite, pyrrhotite with minor sphalerite) in two locations along a
250-metre-long trend coincident with an airborne conductor located mid -way between the Restigouche and Murray
Brook VMS Deposits (Figures 2 and 3).
Boudreau Brook Trend – Initial follow-up geological mapping, prospecting, and rock sampling at the Boudreau
Brook Trend where previous prospecting resulted in the identification of Cu-rich mineralization (chalcocite, malachite
and chalcopyrite) in host mafic volcanic rocks (Figure 5). Recent prospecting also identified a zone of VMS style
pyrite alteration located at 2 kilometres east and northeast of the Boudreau Brook occurrence. A total of 13 rock float
samples collected (Figure 4).
Fournier Lake Gold Trend – A total of 73 rock samples were collected from the area of gold mineralization
discovered in 2023 by prospector Tim Lavoie (Figure 6). The area consists of altered gabbro hosted within
sedimentary rocks of Simpsons Field and LaPlante formation s. Alteration in the host gabbro comprises quartz -iron
carbonate-sericite, hematite and trace to 1% pyrite.
Soil Sampling – Boudreau Brook Trend
GeoXplore Surveys Ltd., under contract to Magna Terra, collected 1,970 B-horizon soil samples on a systematic grid
over the Boudreau Brook Trend (Figure 4). The soil samples were collected along northwest-southeast trending lines
spaced 200 metres apart and 25 metre sample spacing and were designed to cover a 15-kilometre-long zone of
coincident airborne electromagnetic conductivity and anomalous Cu-Zn-Co rock and soil samples. The samples were
collected to further identify and refine targets for follow-up exploration in 2025.
The Rocky Brook Project
The Rocky Brook Project comprises 18,694 hectares in 58 mineral claims making the Company one of the single
largest strategic landholders in this historic mining camp ( Figure 1). The Rocky Brook Project is located adjacent to
and along strike from the Williams Brook Project, owned by Kinross Gold Corporation (“Kinross”) and Puma
Exploration Inc. (“Puma”), where a zone of high -grade gold mineralization was discovered over broad widths
including drill intervals up to 5.55 g/t Au over 50.15 m (refer to Puma’s news release dated September 15, 2021). The
Project is located adjacent to a 30 -kilometre-long section of the Rocky Brook- Millstream fault and associated
McIntyre and Ramsay Brook faults; an important structural zone controlling gold mineralization within the region.
The Project also covers volcanic and sedimentary rocks that show strong potential to host polymetallic Cu-Co-Pb-Zn-
Au-Ag mineralization, adjacent to the past- producing Caribou Mine and the Murray Brook Deposit; the largest
undeveloped VMS project in New Brunswick owned by Canadian Copper Inc. (Figure 1).
The Bathurst Camp
The Bathurst Mining Camp is one of the world’s oldest base metal (lead, zinc, copper, gold, and silver) mining districts
hosting one of Canada’s largest volcanogenic massive sulphide (VMS) deposits , with the past-producing Brunswick
No. 12 Mine having operated for 49 years. The Bathurst Mining Camp is host to over 46 mineral deposits, several of
which have been mined, including the Brunswick No. 6, Heath Steele, Wedge, Stratmat, Half Mile Lake, Caribou ,
and Murray Brook. A total of 136,643,367 tonnes of ore grading 3.44% Pb, 8.74% Zn, 0.37% Cu, and 102.2 g/t Ag
were mined from the Bathurst Mining Camp (McCutcheon and Walker, 2020**).
Figure 1: A map showing the location of the Rocky Brook Project, adjacent exploration projects, fault zones , and
mineral occurrences.
Figure 2: A map showing rock and soil copper geochemistry and location of recently collected rock samples at the
Restigouche Property.
Figure 3: Field photographs of angular to subangular massive sulphide float from the Restigouche Property.
Figure 4: A map showing airborne conductivity with rock and soil copper geochemistry, location of recently
collected soil samples along the Boudreau Brook – Fossil Hill Trend.
Figure 5: Field photographs of outcropping and float showing chalcocite, malachite, and chalcopyrite
mineralization within rocks from previous grab samples from the Boudreau Brook occurrence.
Figure 6: A map showing rock and soil gold geochemistry and location of recently collected rock samples at the
Fournier Lake Gold Property.
Qualified Person and Technical Notes
This news release has been reviewed and approved by David A. Copeland, P.Geo., a "Qualified Person", under
National Instrument 43-101 - Standard for Disclosure for Mineral Projects.
All quoted drill core and rock samples results were compiled from historic assessment and government reports
obtained from the government of New Brunswick. The Qualified Person has not completed sufficient work to validate
these historic results.
* Grab samples are selective by nature and may not represent the true metal content of the mineralized zone.
**McCutcheon, S. R., & Walker, J. A. (2020). Great Mining Camps of Canada 8. The Bathurst Mining Camp, New
Brunswick, Part 2: Mining History and Contributions to Society. Geoscience Canada, 47(3), 143–166
About Magna Terra
Magna Terra Minerals Inc. is a precious and critical metals focused exploration company, headquartered in Toronto,
Canada. Magna Terra is focused on acquiring and advancing its high-potential mineral projects in Atlantic Canada
and Argentina while generating value for shareholders and minimizing shareholder dilution through option and joint
venture partnerships where appropriate; leveraging our ability to explore, grow , and transact projects. The Company
is focused on exploring our 100% -owned Humber Copper-Cobalt Project in Newfoundland and Labrador ; our 100%
owned Rocky Brook Gold and Critical Metals Project in the historic Bathurst Mining Camp of New Brunswick; and
our 100%-owned Cape Spencer Gold Project in New Brunswick. In addition, the Company has optioned the Great
Northern Project in Newfoundland to Gold Hunter Resources Inc. (“Gold Hunter ”) for total cash and share
consideration of $9.5 million over a 2-year period, and currently holds an approximate 30.7% equity interest in Gold
Hunter. Further, the Company maintains a significant exploration portfolio in the province of Santa Cruz, Argentina
which includes its large 100% owned Boleadora Project recently retained from Newmont Corp.; a precious metals
discovery on its Luna Roja Project proximal to Cerrado Gold’s operating Don Nicholas Project infrastructure, as well
as several additional district scale drill ready projects available for purchase or option/joint venture.
Forward Looking Statements
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TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
Cautionary Statements Regarding Forward Looking Information
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looking statements") within the meaning of applicable Canadian legislation. All statements in this news release that
are not purely historical are forward-looking statements and include statements regarding beliefs, plans, expectations
and orientations regarding the future including, without limitation, the ability of the Company to file a report that
complies with National Instrument 43-101. Although the Company believes that such statements are reasonable and
reflect expectations of future developments and other factors which management believes to be reasonable and
relevant, the Company can give no assurance that such expectations will prove to be correct. Forward -looking
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or be taken or achieved. In making the forward- looking statements in this news release, the Company has applied
several material assumptions, including without limitation, and the ability of the author of the Technical Reports to
finalize same.
Forward-looking statements involve known and unknown risks, uncertainties and other factors which may cause the
actual results, performance or achievements of the Company to differ materially from any future results, performance
or achievements expressed o r implied by the forward- looking information. Such risks and other factors include the
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changes in laws, regulations and policies affecting the mineral exploration industry, and the Company's investment
and operation in the mineral exploration sector, as well as the risks and uncertainties which are more fully described
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or events and, accordingly, are cautioned not to put undue reliance on forward-looking statements due to the inherent
uncertainty of such statements.
These forward-looking statements are made as of the date of this news release and, unless required by applicable law,
the Company assumes no obligation to update the forward- looking statements or to update the reasons why actual
results could differ from those projected in these forward-looking statements.
FOR FURTHER INFORMATION PLEASE CONTACT:
Magna Terra Minerals Inc.
Lewis Lawrick
President and CEO, Director
Email: [email protected]
Website: www.magnaterraminerals.com