Magna Mining Inc. provided initial drilling results from the 2024 exploration program at Crean Hill, targeting the near surface advanced exploration area of the 109 FW Zone. Highlights from the new assay results include: 109 FW Zone. MCR-24-060: 0.3% Ni, 2.0 % Cu, 8.6 g/t Pt + Pd + Au over 14.0 metres.

Including 1.1% Ni, 8.3 % Cu, 13.9 g/t Pt + P d + Au over 3.0 metres. MCR-234-061: 0.6% Ni, 1.0 % Cu, 9.5 g/t Pt + PD + Au over 14.7 metres. Including 1.6% Ni, 3.5 % Cu, 12.5 g/t Pt+ Pd + Au over 2.9 metres.

And 2.2% Ni, 1.2 % Cu, 28.7 g/t Pt + P Dd + Au over 1.0 metres. M CR-24-065: 0.2% Ni, 1., 1.1 % Cu, 11.4 g/t Pt + Pg + Au over 10.2 metres. Including 1.5% Ni, 10.7 % Cu, 16.0 g/t Pt + Pt + Au over 0.7 metres.

The 2024 drilling to date confirms the continuity of metre scale massive sulphide veins, grading up to 1.1% Ni,8.3% Cu and 13.9 g/tpt + Pd + Au over 3.0 meters, within a broader mineralized breccia averaging approximately 12 to 15 metres wide, and grading up to 0.3% Ni,2 % Cu, 8.6g/t Pt + Pd+ Au over 14.0 metres. Data acquired will be used to update the 109 FW zone geological model and will facilitate planning of Advanced Exploration planning, and six drillholes have been completed to date. A second drill has been focused on testing high-priority exploration targets in the footwall of the Crean Hill orebody.

A third drill has recently been mobilized to the Shakespeare site and has commenced regional exploration drilling. Magna is fully funded to complete 25,000 metres of exploration drilling in 2024. All lengths are downhole length.

True widths are estimated at 85-95% of downhole length. The Shakespeare Mine is a feasibility stage project which has major permits for the construction of a 4,500 tonne per day open pit mine, processing plant and tailings storage facility and is surrounded by a contiguous 180km2 prospective land package. Crean Hill is a past producing nickel, copper and PGM mine with a technical report dated July 2023.

Additional information about the Company is available on the technical report dated July 2023".