Magna Terra Identifies Targets in the Prolific Bathurst Mining CAMP and Begins Exploration Program ON the Rocky Brook Project in Northern New Brunswick
MAGNA TERRA IDENTIFIES TARGETS IN THE PROLIFIC BATHURST MINING CAMP
AND BEGINS EXPLORATION PROGRAM ON THE ROCKY BROOK PROJECT IN
NORTHERN NEW BRUNSWICK
Toronto, Ontario – May 22, 2025 – Magna Terra Minerals Inc . (the “Company” or “ Magna Terra”) (TSX-V:
MTT) is pleased to announce that it has initiated a first phase exploration program 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). Ongoing digital compilation of historical exploration data 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 (Figure
2). Exploration has been initiated on the Project and is currently focused on the collection of ~2,000 B -horizon soil
samples, and systematic prospecting and geological mapping over and adjacent to priority targets along the Boudreau
Brook Trend.
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.
“Our recent acquisition of Rocky Brook in the world-class, base and critical metals, Bathurst Mining Camp has
positioned us with one of the largest strategic land positions within the camp . Our recent compilation efforts in this
data rich environment has already resulted in the identification of the Boudreau Brook Trend. This 15 kilometre long
trend of coincident airborne electromagnetic conductivity and anomalous Cu- Zn-Co rock and soil samples has
resulted in the immediate initiation of an exploration progr am to identify additional targets along this trend and to
better understand their geological setting to identify priority drill targets. The speed at which we have been able to
identify new targets and initiate exploration is a good indicat ion of our ability to drive value in this prolific mining
region. This work is initiated in an environment in which other explorers are making discoveries such as Puma’s
nearby high-grade gold discovery and subsequent recent strategic investment by Kinross . Further, Canadian
Copper’s advancement of its Murray Brook VMS deposit in concert with its bid to acquire the Caribou Processing
Complex highlights the significant prospectivity that remains in this historic camp.”
~ Lew Lawrick, President and CEO, Magna Terra Minerals Inc.
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 struc tural 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 Murra y 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 airborne conductivity with rock and soil copper geochemistry along the Boudreau Brook
– Fossil Hill Trend.
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 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. for total cash and share consideration of $9.5 million
over a 2-year period. 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
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or be taken or achieved. In making the forward- looking statements in this news release, the Company has applie d
several material assumptions, including without limitation, and the ability of the author of the Technical Reports to
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Forward-looking statements involve known and unknown risks, uncertainties and other factors which may cause the
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inability of the Company to execute its proposed business plans and carry out planned future activities. Other factors
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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