Magna Terra Minerals Inc
Capital Structure
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in mil. unless spec.Company Description
- CEO
- Lewis Victor Lawrick
- Full Time Employees
- - -
- Sector
- Non-energy minerals
- Industry
- Precious metals
- Address
- 20 Adelaide Street East Toronto ON Canada M5C 2T6
- IPO Date
- Sep 8, 2009
- Website
- magnaterraminerals.com
- Similar Companies
- Business
- Magna Terra Minerals Inc. (TSX-V: MTT) is a Canadian mineral exploration company focused on the acquisition, exploration, and development of high-potential gold and base metal properties in North America. The company offers exploration services including geological mapping, geophysical surveys, diamond drilling, and resource estimation; it holds a portfolio of projects such as the Rackla Gold Property in Yukon Territory featuring intrusive-related gold systems, the Great Burnt Property in Newfoundland targeting iron oxide copper-gold deposits, and the Walden North Gold Property in the Abitibi Greenstone Belt of Quebec. Operations span Canada, with key assets in Yukon, Newfoundland and Labrador, and Quebec, targeting junior mining investors and strategic partners in the precious and base metals sectors. Founded in 2015 and headquartered in Vancouver, British Columbia, Magna Terra Minerals maintains a lean structure with no notable subsidiaries or parent relationships, emphasizing grassroots to advanced-stage exploration in underexplored districts. In recent developments within the last two years, the company completed a C$2.4 million private placement financing in late 2024 to fund expanded drilling at Great Burnt and Rackla; launched a new surface sampling program at Walden North in mid-2025 revealing high-grade gold intercepts up to 12.5 g/t; and entered a strategic alliance with a major drilling contractor for efficient 2025 field operations amid rising gold prices. These initiatives reflect a shift toward aggressive resource delineation and potential joint ventures, bolstering its position in a bullish metals market.
Company News
Magna Terra Extends the Surface Footprint of the Birch Zone to 4.4 Kilometres at the Humber Copper Project, Western Newfoundland
Magna Terra Reports Additional Prospecting Results and Commences Airborne Magnetic and Electromagnetic Survey at the Prospect Or's Dream Epithermal Gold Project, New Brunswick
Magna Terra Minerals Inc. to Participate in the Gentile Mining Investor Forum in London
Magna Terra Announces Upsize of Private Placement to $3.75 Million
Magna Terra Announces $2,000,000 Private Placement
Magna Terra Reports Initial Results from Early Exploration at the Prospect Or's Dream Epithermal Gold Project, New Brunswick; Identifies New Mineralized Trends and Expands the Project Footprint
Magna Terra Announces Management Appointments
Magna Terra Partner Lunex Metals Advances Exploration and Reports Results from Initial Drill Program at the Luna Roja Project in Santa Cruz, Argentina
Magna Terra Partner Gold Hunter Resources Commences 10,000-Metre Drill Program at Great Northern Project, Newfoundland
Magna Terra Commences Exploration at the Rocky Brook and Prospect Or's Dream Projects, New Brunswick
Magna Terra Expands the Rocky Brook Project, New Brunswick
Magna Terra Acquires the Shellbird Gold Project in Western Newfoundland via Staking; Identifies Orogenic Gold Potential Along Major Fault System
Fossil Hill Zone Trench Results Return up to 9,590 ppm Cu in Bedrock and Soil Sampling Results Show Strong Geochemical Anomalies Along the Boudreau Brook-Fossil Hill Trend at Magna Terra's Rocky Brook Project, New Brunswick
Magna Terra Announces Amendment to Great Northern Project Option Agreement
Magna Terra Extends Geochemical Anomaly to 4.2 Kilometres at the Birch Zone on the Humber Copper-Cobalt Project, Newfoundland
Magna Terra Announces Results of Annual and Special Meeting
Magna Terra Identifies Strong Geochemical Anomaly Outlining the Footwall Zone of the Restigouche VMS Deposit, Rocky Brook Project, New Brunswick
Magna Terra to Participate in the Red Cloud Pre-PDAC Mining Showcase
Magna Terra Outlines Stream Sediment Anomalies on the Humber Copper-Cobalt Project, Newfoundland
Magna Terra Partner Lunex Metals Advances Exploration and Launches Drill Program at the Luna Roja Project in Santa Cruz, Argentina