02:16 PM EDT, 04/03/2024 (MT Newswires) -- Magna Mining ( MGMNF ) on Wednesday surged 14% on last look after reporting additional drilling results from the 2024 exploration program at its Crean Hill project in Ontario.

The program targeted the near-surface advanced exploration area of the 109 Footwall Zone.

Among the highlights, MCR-24-068 intersected 0.7% nickel, 2.4% copper, and 9.7 grams per ton of platinum + palladium + gold over 26.3 meters. This includes 3.2% nickel, 11.3% copper, and 10.6 grams per ton of platinum + palladium + gold over 4.4 meters.

MCR-24-069 returned 0.3% nickel, 0.3% copper, 10.7 grams per ton of platinum + palladium + gold over 28.5 meters, Including 0.9% nickel, 0.3% copper, 25.3 grams per ton of platinum + palladium + gold over 7.8 meters.

MCR-24-070 intersected 1.6% nickel, 5.2% copper, 10 grams per ton of platinum + palladium + gold over 17.1 meters, including 2.5% nickel, 9.6% copper, 17.4 grams per ton of platinum + palladium + gold over 6.8 meters.

The company's shares were last seen up C$0.08 to C$0.65 on the TSX Venture Exchange.

Price: 0.65, Change: +0.08, Percent Change: +14.04