NICU.V · 2026-04-02 12:00:00

Magna Mining Files Technical Report for the McCreedy West Mine in Sudbury, Ontario

Resource Estimates Technical Reports (NI 43-101)

Magna Mining Files Technical Report for the McCreedy West Mine in Sudbury,

Ontario

SUDBURY, Ontario, April 02, 2026 -- Magna Mining Inc. (TSXV: NICU) (OTCQX: MGMNF) (FSE: 8YD) (“Magna” or the

“Company”) is pleased to announce that further to its news release dated February 18, 2026 titled “Magna Mining Announces

Initial Mineral Reserves for the McCreedy West Mine in Sudbury, Ontario ” the Company has filed on SEDAR+ an independent

technical report titled “Technical Report on the Mineral Reserve and Mineral Resource Estimates, McCreedy West Mine,

Sudbury, Ontario, Canada”.

The technical report was prepared in accordance with National Instrument 43-101 – Standards of Disclosure for Mineral

Projects. A copy of the technical report is available under the Company’s profile on the SEDAR+ website

at www.sedarplus.ca.

The independent technical report is dated April 1, 2026, with an effective date of December 31, 2025, and was prepared by

SGS Canada Inc.

Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX

Venture Exchange) accept responsibility for the adequacy or accuracy of this press release.

About Magna Mining Inc.

Magna Mining Inc. is a producing mining company with a strong portfolio of copper, nickel, and platinum group metals

(PGM) assets located in the world-class Sudbury mining district of Ontario, Canada. The Company’s primary asset is

the McCreedy West Mine , currently in production, supported by a pipeline of highly prospective past-producing properties

including Levack, Crean Hill , Podolsky, and Shakespeare .

Magna Mining is strategically positioned to unlock long-term shareholder value through continued production, exploration

upside, and near-term development opportunities across its asset base.

Additional corporate and project information is available at www.magnamining.com and through the Company’s public filings on

the SEDAR+ website at www.sedarplus.ca.

For further information, please contact:

Jason Jessup

Chief Executive Officer

Paul Fowler, CFA

Executive Vice President

705-482-9667