# Magna Mining Intersects 23.2% Copper, 5.6% Nickel, 21.4 g/t Platinum + Palladium + Gold, and 225.0 g/t Silver over 2.4 metres and Provides an Update on Progress at the Levack Mine in Sudbury, Ontario

Canonical Atlas analysis: https://atlas-extractions.minestarters.com/news/magna-mining-intersects-23-2-copper-5-6-nickel-21-4-g-t-platinum-palladium-gold--2541254a-786c-4aa8-bf08-e0b97e8d80ad

Original source: https://money.tmx.com/en/quote/NICU/news/7269761203608994/magna-mining-intersects-23-2-copper-5-6-nickel-21-4-g-t-platinum-palladium-gold-

Publisher: tmx

Original announcement: 2026-04-14T10:45:00.000Z

Analysis by Minestarters Atlas

Atlas analysis published: Unknown date

Atlas analysis updated: Unknown date

- Company: Magna Mining Inc.

- Ticker: NICU

- Exchange: TSX

- Region: Ontario

- Primary commodity: Copper

- Secondary commodities: Nickel, Platinum, Palladium, Gold, Silver, Cobalt

- Document categories: Drill results

- Extracted: 2026-09-14 14:55:46 UTC

Narrative sentiment: 0.90 · Bullish

## Minestarters Atlas summary

Magna Mining has reported significant high-grade copper-nickel-PGE drill results from the Levack Mine in Ontario, highlighted by an intercept of 23.2% Cu and 5.6% Ni over 2.4m. The results support the company's structural model for massive sulphide veins in the R2 Footwall Zone and coincide with ongoing underground development.

Reasoning: The release reports exceptional high-grade copper-nickel-PGE intercepts, including a 23.2% Cu and 5.6% Ni interval, which are highly material for the R2 Footwall Zone exploration.

- Positive factor: Exceptional copper and nickel grades

- Positive factor: Significant PGM and gold credits

- Positive factor: Multiple high-grade intercepts in a single hole

- Positive factor: Supports structural model for vein deposits

- Negative factor: True width not explicitly stated \(estimated 40-80% of downhole\)

Facts used in scoring: 18

## Classification and evidence

**Bonanza Intercept**

Polarity: positive

Definition: Exceptionally high-grade zone, well above the deposit-type norm.

Why it applies: 23.2% Cu and 5.6% Ni significantly exceed typical deposit norms.

Evidence · text

> 23.2% Cu, 5.6% Ni

**QA/QC Disclosed**

Polarity: positive

Definition: Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods \(blanks, standards, duplicates\).

Why it applies: Release details sample collection, transport to SGS, and use of standards and blanks.

Evidence · text

> 2 QA/QC samples including, 2 certified reference material standards and 2 samples of blank material

**Apparent Width Only**

Polarity: negative

Definition: Interval given as downhole width with no true width or drill orientation — apparent width may overstate true thickness.

Why it applies: The document states true widths are estimated to be 40-80% of downhole length.

Evidence · text

> All lengths are downhole length. True widths are highly variable and estimated to range from 40-80% of downhole length.

## Extracted facts

Stored fact records: 18. Some facts used in scoring do not have a stored record.

## Drill Results (18)

### MLV-26-14A W1

[Link to this fact](https://atlas-extractions.minestarters.com/news/magna-mining-intersects-23-2-copper-5-6-nickel-21-4-g-t-platinum-palladium-gold--2541254a-786c-4aa8-bf08-e0b97e8d80ad#fact-drill-facts-0)

Levack · copper

#### Identity

- Hole ID: MLV-26-14A W1
- Project: Levack
- Commodity: copper
- Region: canada\_on
- Reported Region: canada\_on
- Ticker: NICU

#### Geometry

- Grade: 23.24
- Grade Unit: %
- Intercept: 2.41 m
- From: 975.88 m
- To: 978.29 m
- Intercept Depth: 975.88 m

#### Classification

- Sample Type: drill
- Group ID: MLV-26-14A W1:975.88-978.29
- Mining Method: underground

#### Location

- Location: R2 Target
- Loc. Source: document

#### QA/QC

- Laboratory: SGS Laboratories
- QA/QC Disclosed: Yes
- QP Signed: Yes
- QA/QC Methods: standards, blanks

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2026-04-14T00:00:00.000Z

Reasoning: 23.24% Cu is an exceptional grade for a copper-nickel system.

- Positive factor: Exceptional copper grade

Evidence · table

> 23.24

Context: 2.41

#### Tags used in scoring

**QA/QC Disclosed**

Polarity: positive

Definition: Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods \(blanks, standards, duplicates\).

Why it applies: qaqc\_disclosed is true

**Cut-off Undisclosed**

Polarity: negative

Definition: High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff\_grade was stated

### MLV-26-14A W1

[Link to this fact](https://atlas-extractions.minestarters.com/news/magna-mining-intersects-23-2-copper-5-6-nickel-21-4-g-t-platinum-palladium-gold--2541254a-786c-4aa8-bf08-e0b97e8d80ad#fact-drill-facts-1)

Levack · nickel

#### Identity

- Hole ID: MLV-26-14A W1
- Project: Levack
- Commodity: nickel
- Region: canada\_on
- Reported Region: canada\_on
- Ticker: NICU

#### Geometry

- Grade: 5.61
- Grade Unit: %
- Intercept: 2.41 m
- From: 975.88 m
- To: 978.29 m
- Intercept Depth: 975.88 m

#### Classification

- Sample Type: drill
- Group ID: MLV-26-14A W1:975.88-978.29
- Mining Method: underground

#### Location

- Location: R2 Target
- Loc. Source: document

#### QA/QC

- Laboratory: SGS Laboratories
- QA/QC Disclosed: Yes
- QP Signed: Yes
- QA/QC Methods: standards, blanks

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2026-04-14T00:00:00.000Z

Reasoning: 5.61% Ni is a very strong grade for this deposit type.

- Positive factor: Strong nickel grade

Evidence · table

> 5.61

Context: 2.41

#### Tags used in scoring

**QA/QC Disclosed**

Polarity: positive

Definition: Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods \(blanks, standards, duplicates\).

Why it applies: qaqc\_disclosed is true

**Cut-off Undisclosed**

Polarity: negative

Definition: High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff\_grade was stated

### MLV-26-14A W1

[Link to this fact](https://atlas-extractions.minestarters.com/news/magna-mining-intersects-23-2-copper-5-6-nickel-21-4-g-t-platinum-palladium-gold--2541254a-786c-4aa8-bf08-e0b97e8d80ad#fact-drill-facts-2)

Levack · silver

#### Identity

- Hole ID: MLV-26-14A W1
- Project: Levack
- Commodity: silver
- Region: canada\_on
- Reported Region: canada\_on
- Ticker: NICU

#### Geometry

- Grade: 224.96
- Grade Unit: g/t
- Intercept: 2.41 m
- From: 975.88 m
- To: 978.29 m
- Intercept Depth: 975.88 m

#### Classification

- Sample Type: drill
- Group ID: MLV-26-14A W1:975.88-978.29
- Mining Method: underground

#### Location

- Location: R2 Target
- Loc. Source: document

#### QA/QC

- Laboratory: SGS Laboratories
- QA/QC Disclosed: Yes
- QP Signed: Yes
- QA/QC Methods: standards, blanks

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2026-04-14T00:00:00.000Z

Reasoning: 224.96 g/t Ag is a very high grade intercept.

- Positive factor: Exceptional silver grade

Evidence · table

> 224.96

Context: 2.41

#### Tags used in scoring

**QA/QC Disclosed**

Polarity: positive

Definition: Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods \(blanks, standards, duplicates\).

Why it applies: qaqc\_disclosed is true

**Cut-off Undisclosed**

Polarity: negative

Definition: High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff\_grade was stated

### FNX6083-W5

[Link to this fact](https://atlas-extractions.minestarters.com/news/magna-mining-intersects-23-2-copper-5-6-nickel-21-4-g-t-platinum-palladium-gold--2541254a-786c-4aa8-bf08-e0b97e8d80ad#fact-drill-facts-3)

Levack · nickel

#### Identity

- Hole ID: FNX6083-W5
- Project: Levack
- Commodity: nickel
- Region: canada\_on
- Reported Region: canada\_on
- Ticker: NICU

#### Geometry

- Grade: 13.67
- Grade Unit: %
- Intercept: 0.4 m
- From: 1117.67 m
- To: 1118.07 m
- Intercept Depth: 1117.67 m

#### Classification

- Sample Type: drill
- Group ID: FNX6083-W5:1117.67-1118.07
- Mining Method: underground

#### Location

- Location: R2 Target
- Loc. Source: document

#### QA/QC

- Laboratory: SGS Laboratories
- QA/QC Disclosed: Yes
- QP Signed: Yes
- QA/QC Methods: standards, blanks

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2026-04-14T00:00:00.000Z

Reasoning: 13.67% Ni is exceptional, but the 0.4m width is very narrow.

- Positive factor: Very high nickel grade

- Negative factor: Narrow interval

Evidence · table

> 13.67

Context: 0.40

#### Tags used in scoring

**QA/QC Disclosed**

Polarity: positive

Definition: Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods \(blanks, standards, duplicates\).

Why it applies: qaqc\_disclosed is true

**Cut-off Undisclosed**

Polarity: negative

Definition: High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff\_grade was stated

### MLV-26-14A W1

[Link to this fact](https://atlas-extractions.minestarters.com/news/magna-mining-intersects-23-2-copper-5-6-nickel-21-4-g-t-platinum-palladium-gold--2541254a-786c-4aa8-bf08-e0b97e8d80ad#fact-drill-facts-4)

Levack · copper

#### Identity

- Hole ID: MLV-26-14A W1
- Project: Levack
- Commodity: copper
- Region: canada\_on
- Reported Region: canada\_on
- Ticker: NICU

#### Geometry

- Grade: 1.92
- Grade Unit: %
- Intercept: 0.48 m
- From: 848.27 m
- To: 848.75 m
- Intercept Depth: 848.27 m

#### Classification

- Sample Type: drill
- Group ID: MLV-26-14A W1:848.27-848.75
- Mining Method: underground

#### QA/QC

- Laboratory: SGS Laboratories
- QA/QC Disclosed: Yes
- QP Signed: Yes
- QA/QC Methods: standards, blanks

#### Metal Equivalent

- Metal Eq. Grade: 5.08
- Metal Eq. Unit: % Cu-Eq

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2026-04-14T00:00:00.000Z

Reasoning: Expanded from assay table. 1.92 % copper is strong against the default band \[2.5, 1, 0.5, 0.25\] %. Grade×width 0.9 %·m is below \(grade alone is strong; the better of the two is used\).

- Positive factor: 1.92 % copper is strong on the default band.

- Negative factor: Scored from rubric bands during table expansion, not from document context.

Evidence · table

> 1.92

Context: MLV-26-14A W1

#### Tags used in scoring

**QA/QC Disclosed**

Polarity: positive

Definition: Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods \(blanks, standards, duplicates\).

Why it applies: qaqc\_disclosed is true

**Cut-off Undisclosed**

Polarity: negative

Definition: High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff\_grade was stated

**Metal Equivalent Opaque**

Polarity: negative

Definition: Metal equivalent grade reported without disclosing the price, recovery, or payability assumptions used. Requires an actual metal equivalent grade; a combined elemental basket such as PGE is not a metal equivalent.

Why it applies: an equivalent grade is reported without its assumptions

### MLV-26-14A W1

[Link to this fact](https://atlas-extractions.minestarters.com/news/magna-mining-intersects-23-2-copper-5-6-nickel-21-4-g-t-platinum-palladium-gold--2541254a-786c-4aa8-bf08-e0b97e8d80ad#fact-drill-facts-5)

Levack · nickel

#### Identity

- Hole ID: MLV-26-14A W1
- Project: Levack
- Commodity: nickel
- Region: canada\_on
- Reported Region: canada\_on
- Ticker: NICU

#### Geometry

- Grade: 1.99
- Grade Unit: %
- Intercept: 0.48 m
- From: 848.27 m
- To: 848.75 m
- Intercept Depth: 848.27 m

#### Classification

- Sample Type: drill
- Group ID: MLV-26-14A W1:848.27-848.75
- Mining Method: underground

#### QA/QC

- Laboratory: SGS Laboratories
- QA/QC Disclosed: Yes
- QP Signed: Yes
- QA/QC Methods: standards, blanks

#### Metal Equivalent

- Metal Eq. Grade: 5.08
- Metal Eq. Unit: % Cu-Eq

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2026-04-14T00:00:00.000Z

Reasoning: Expanded from assay table. 1.99 % nickel is strong against the default band \[3, 1.5, 0.8, 0.3\] %.

- Positive factor: 1.99 % nickel is strong on the default band.

- Negative factor: Scored from rubric bands during table expansion, not from document context.

Evidence · table

> 1.99

Context: MLV-26-14A W1

#### Tags used in scoring

**QA/QC Disclosed**

Polarity: positive

Definition: Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods \(blanks, standards, duplicates\).

Why it applies: qaqc\_disclosed is true

**Cut-off Undisclosed**

Polarity: negative

Definition: High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff\_grade was stated

**Metal Equivalent Opaque**

Polarity: negative

Definition: Metal equivalent grade reported without disclosing the price, recovery, or payability assumptions used. Requires an actual metal equivalent grade; a combined elemental basket such as PGE is not a metal equivalent.

Why it applies: an equivalent grade is reported without its assumptions

### MLV-26-14A W1

[Link to this fact](https://atlas-extractions.minestarters.com/news/magna-mining-intersects-23-2-copper-5-6-nickel-21-4-g-t-platinum-palladium-gold--2541254a-786c-4aa8-bf08-e0b97e8d80ad#fact-drill-facts-6)

Levack · cobalt

#### Identity

- Hole ID: MLV-26-14A W1
- Project: Levack
- Commodity: cobalt
- Region: canada\_on
- Reported Region: canada\_on
- Ticker: NICU

#### Geometry

- Grade: 0.06
- Grade Unit: %
- Intercept: 0.48 m
- From: 848.27 m
- To: 848.75 m
- Intercept Depth: 848.27 m

#### Classification

- Sample Type: drill
- Group ID: MLV-26-14A W1:848.27-848.75
- Mining Method: underground

#### QA/QC

- Laboratory: SGS Laboratories
- QA/QC Disclosed: Yes
- QP Signed: Yes
- QA/QC Methods: standards, blanks

#### Metal Equivalent

- Metal Eq. Grade: 5.08
- Metal Eq. Unit: % Cu-Eq

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2026-04-14T00:00:00.000Z

Reasoning: Expanded from assay table. 0.06 % cobalt is below against the default band \[0.5, 0.3, 0.15, 0.08\] %.

- Negative factor: 0.06 % cobalt is below the weak threshold \(0.08 %\) on the default band.

- Negative factor: Scored from rubric bands during table expansion, not from document context.

Evidence · table

> 0.06

Context: MLV-26-14A W1

#### Tags used in scoring

**QA/QC Disclosed**

Polarity: positive

Definition: Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods \(blanks, standards, duplicates\).

Why it applies: qaqc\_disclosed is true

**Cut-off Undisclosed**

Polarity: negative

Definition: High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff\_grade was stated

**Metal Equivalent Opaque**

Polarity: negative

Definition: Metal equivalent grade reported without disclosing the price, recovery, or payability assumptions used. Requires an actual metal equivalent grade; a combined elemental basket such as PGE is not a metal equivalent.

Why it applies: an equivalent grade is reported without its assumptions

### MLV-26-14A W1

[Link to this fact](https://atlas-extractions.minestarters.com/news/magna-mining-intersects-23-2-copper-5-6-nickel-21-4-g-t-platinum-palladium-gold--2541254a-786c-4aa8-bf08-e0b97e8d80ad#fact-drill-facts-7)

Levack · platinum

#### Identity

- Hole ID: MLV-26-14A W1
- Project: Levack
- Commodity: platinum
- Region: canada\_on
- Reported Region: canada\_on
- Ticker: NICU

#### Geometry

- Grade: 0.83
- Grade Unit: g/t
- Intercept: 0.48 m
- From: 848.27 m
- To: 848.75 m
- Intercept Depth: 848.27 m

#### Classification

- Sample Type: drill
- Group ID: MLV-26-14A W1:848.27-848.75
- Mining Method: underground

#### QA/QC

- Laboratory: SGS Laboratories
- QA/QC Disclosed: Yes
- QP Signed: Yes
- QA/QC Methods: standards, blanks

#### Metal Equivalent

- Metal Eq. Grade: 5.08
- Metal Eq. Unit: % Cu-Eq

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2026-04-14T00:00:00.000Z

Reasoning: Expanded from assay table: 0.83 g/t platinum. No grade band defined for this commodity, so the score is a placeholder.

- Negative factor: No grade rubric for platinum; intercept not scored.

Evidence · table

> 0.83

Context: MLV-26-14A W1

#### Tags used in scoring

**QA/QC Disclosed**

Polarity: positive

Definition: Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods \(blanks, standards, duplicates\).

Why it applies: qaqc\_disclosed is true

**Cut-off Undisclosed**

Polarity: negative

Definition: High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff\_grade was stated

**Metal Equivalent Opaque**

Polarity: negative

Definition: Metal equivalent grade reported without disclosing the price, recovery, or payability assumptions used. Requires an actual metal equivalent grade; a combined elemental basket such as PGE is not a metal equivalent.

Why it applies: an equivalent grade is reported without its assumptions

### MLV-26-14A W1

[Link to this fact](https://atlas-extractions.minestarters.com/news/magna-mining-intersects-23-2-copper-5-6-nickel-21-4-g-t-platinum-palladium-gold--2541254a-786c-4aa8-bf08-e0b97e8d80ad#fact-drill-facts-8)

Levack · palladium

#### Identity

- Hole ID: MLV-26-14A W1
- Project: Levack
- Commodity: palladium
- Region: canada\_on
- Reported Region: canada\_on
- Ticker: NICU

#### Geometry

- Grade: 0.77
- Grade Unit: g/t
- Intercept: 0.48 m
- From: 848.27 m
- To: 848.75 m
- Intercept Depth: 848.27 m

#### Classification

- Sample Type: drill
- Group ID: MLV-26-14A W1:848.27-848.75
- Mining Method: underground

#### QA/QC

- Laboratory: SGS Laboratories
- QA/QC Disclosed: Yes
- QP Signed: Yes
- QA/QC Methods: standards, blanks

#### Metal Equivalent

- Metal Eq. Grade: 5.08
- Metal Eq. Unit: % Cu-Eq

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2026-04-14T00:00:00.000Z

Reasoning: Expanded from assay table: 0.77 g/t palladium. No grade band defined for this commodity, so the score is a placeholder.

- Negative factor: No grade rubric for palladium; intercept not scored.

Evidence · table

> 0.77

Context: MLV-26-14A W1

#### Tags used in scoring

**QA/QC Disclosed**

Polarity: positive

Definition: Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods \(blanks, standards, duplicates\).

Why it applies: qaqc\_disclosed is true

**Cut-off Undisclosed**

Polarity: negative

Definition: High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff\_grade was stated

**Metal Equivalent Opaque**

Polarity: negative

Definition: Metal equivalent grade reported without disclosing the price, recovery, or payability assumptions used. Requires an actual metal equivalent grade; a combined elemental basket such as PGE is not a metal equivalent.

Why it applies: an equivalent grade is reported without its assumptions

### MLV-26-14A W1

[Link to this fact](https://atlas-extractions.minestarters.com/news/magna-mining-intersects-23-2-copper-5-6-nickel-21-4-g-t-platinum-palladium-gold--2541254a-786c-4aa8-bf08-e0b97e8d80ad#fact-drill-facts-9)

Levack · gold

#### Identity

- Hole ID: MLV-26-14A W1
- Project: Levack
- Commodity: gold
- Region: canada\_on
- Reported Region: canada\_on
- Ticker: NICU

#### Geometry

- Grade: 0.04
- Grade Unit: g/t
- Intercept: 0.48 m
- From: 848.27 m
- To: 848.75 m
- Intercept Depth: 848.27 m

#### Classification

- Sample Type: drill
- Group ID: MLV-26-14A W1:848.27-848.75
- Mining Method: underground

#### QA/QC

- Laboratory: SGS Laboratories
- QA/QC Disclosed: Yes
- QP Signed: Yes
- QA/QC Methods: standards, blanks

#### Metal Equivalent

- Metal Eq. Grade: 5.08
- Metal Eq. Unit: % Cu-Eq

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2026-04-14T00:00:00.000Z

Reasoning: Expanded from assay table. 0.04 g/t gold is below against the underground mining band \[15, 7, 4, 2.5\] g/t. Grade×width 0.0 g/t·m is below.

- Negative factor: 0.04 g/t gold is below the weak threshold \(2.5 g/t\) on the underground mining band.

- Negative factor: Scored from rubric bands during table expansion, not from document context.

Evidence · table

> 0.04

Context: MLV-26-14A W1

#### Tags used in scoring

**QA/QC Disclosed**

Polarity: positive

Definition: Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods \(blanks, standards, duplicates\).

Why it applies: qaqc\_disclosed is true

**Cut-off Undisclosed**

Polarity: negative

Definition: High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff\_grade was stated

**Metal Equivalent Opaque**

Polarity: negative

Definition: Metal equivalent grade reported without disclosing the price, recovery, or payability assumptions used. Requires an actual metal equivalent grade; a combined elemental basket such as PGE is not a metal equivalent.

Why it applies: an equivalent grade is reported without its assumptions

### MLV-26-14A W1

[Link to this fact](https://atlas-extractions.minestarters.com/news/magna-mining-intersects-23-2-copper-5-6-nickel-21-4-g-t-platinum-palladium-gold--2541254a-786c-4aa8-bf08-e0b97e8d80ad#fact-drill-facts-10)

Levack · silver

#### Identity

- Hole ID: MLV-26-14A W1
- Project: Levack
- Commodity: silver
- Region: canada\_on
- Reported Region: canada\_on
- Ticker: NICU

#### Geometry

- Grade: 7
- Grade Unit: g/t
- Intercept: 0.48 m
- From: 848.27 m
- To: 848.75 m
- Intercept Depth: 848.27 m

#### Classification

- Sample Type: drill
- Group ID: MLV-26-14A W1:848.27-848.75
- Mining Method: underground

#### QA/QC

- Laboratory: SGS Laboratories
- QA/QC Disclosed: Yes
- QP Signed: Yes
- QA/QC Methods: standards, blanks

#### Metal Equivalent

- Metal Eq. Grade: 5.08
- Metal Eq. Unit: % Cu-Eq

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2026-04-14T00:00:00.000Z

Reasoning: Expanded from assay table. 7 g/t silver is below against the default band \[500, 200, 100, 30\] g/t. Grade×width 3.4 g/t·m is below.

- Negative factor: 7 g/t silver is below the weak threshold \(30 g/t\) on the default band.

- Negative factor: Scored from rubric bands during table expansion, not from document context.

Evidence · table

> 7.00

Context: MLV-26-14A W1

#### Tags used in scoring

**QA/QC Disclosed**

Polarity: positive

Definition: Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods \(blanks, standards, duplicates\).

Why it applies: qaqc\_disclosed is true

**Cut-off Undisclosed**

Polarity: negative

Definition: High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff\_grade was stated

**Metal Equivalent Opaque**

Polarity: negative

Definition: Metal equivalent grade reported without disclosing the price, recovery, or payability assumptions used. Requires an actual metal equivalent grade; a combined elemental basket such as PGE is not a metal equivalent.

Why it applies: an equivalent grade is reported without its assumptions

### FNX6083-W5

[Link to this fact](https://atlas-extractions.minestarters.com/news/magna-mining-intersects-23-2-copper-5-6-nickel-21-4-g-t-platinum-palladium-gold--2541254a-786c-4aa8-bf08-e0b97e8d80ad#fact-drill-facts-11)

Levack · copper

#### Identity

- Hole ID: FNX6083-W5
- Project: Levack
- Commodity: copper
- Region: canada\_on
- Reported Region: canada\_on
- Ticker: NICU

#### Geometry

- Grade: 3.33
- Grade Unit: %
- Intercept: 3.49 m
- From: 1075.34 m
- To: 1078.83 m
- Intercept Depth: 1075.34 m

#### Classification

- Sample Type: drill
- Group ID: FNX6083-W5:1075.34-1078.83
- Mining Method: underground

#### QA/QC

- Laboratory: SGS Laboratories
- QA/QC Disclosed: Yes
- QP Signed: Yes
- QA/QC Methods: standards, blanks

#### Metal Equivalent

- Metal Eq. Grade: 4.4
- Metal Eq. Unit: % Cu-Eq

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2026-04-14T00:00:00.000Z

Reasoning: Expanded from assay table. 3.33 % copper is exceptional against the default band \[2.5, 1, 0.5, 0.25\] %. Grade×width 11.6 %·m is below \(grade alone is exceptional; the better of the two is used\).

- Positive factor: 3.33 % copper is exceptional on the default band.

- Negative factor: Scored from rubric bands during table expansion, not from document context.

Evidence · table

> 3.33

Context: FNX6083-W5

#### Tags used in scoring

**QA/QC Disclosed**

Polarity: positive

Definition: Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods \(blanks, standards, duplicates\).

Why it applies: qaqc\_disclosed is true

**Cut-off Undisclosed**

Polarity: negative

Definition: High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff\_grade was stated

**Metal Equivalent Opaque**

Polarity: negative

Definition: Metal equivalent grade reported without disclosing the price, recovery, or payability assumptions used. Requires an actual metal equivalent grade; a combined elemental basket such as PGE is not a metal equivalent.

Why it applies: an equivalent grade is reported without its assumptions

### FNX6083-W5

[Link to this fact](https://atlas-extractions.minestarters.com/news/magna-mining-intersects-23-2-copper-5-6-nickel-21-4-g-t-platinum-palladium-gold--2541254a-786c-4aa8-bf08-e0b97e8d80ad#fact-drill-facts-12)

Levack · nickel

#### Identity

- Hole ID: FNX6083-W5
- Project: Levack
- Commodity: nickel
- Region: canada\_on
- Reported Region: canada\_on
- Ticker: NICU

#### Geometry

- Grade: 0.22
- Grade Unit: %
- Intercept: 3.49 m
- From: 1075.34 m
- To: 1078.83 m
- Intercept Depth: 1075.34 m

#### Classification

- Sample Type: drill
- Group ID: FNX6083-W5:1075.34-1078.83
- Mining Method: underground

#### QA/QC

- Laboratory: SGS Laboratories
- QA/QC Disclosed: Yes
- QP Signed: Yes
- QA/QC Methods: standards, blanks

#### Metal Equivalent

- Metal Eq. Grade: 4.4
- Metal Eq. Unit: % Cu-Eq

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2026-04-14T00:00:00.000Z

Reasoning: Expanded from assay table. 0.22 % nickel is below against the default band \[3, 1.5, 0.8, 0.3\] %.

- Negative factor: 0.22 % nickel is below the weak threshold \(0.3 %\) on the default band.

- Negative factor: Scored from rubric bands during table expansion, not from document context.

Evidence · table

> 0.22

Context: FNX6083-W5

#### Tags used in scoring

**QA/QC Disclosed**

Polarity: positive

Definition: Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods \(blanks, standards, duplicates\).

Why it applies: qaqc\_disclosed is true

**Cut-off Undisclosed**

Polarity: negative

Definition: High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff\_grade was stated

**Metal Equivalent Opaque**

Polarity: negative

Definition: Metal equivalent grade reported without disclosing the price, recovery, or payability assumptions used. Requires an actual metal equivalent grade; a combined elemental basket such as PGE is not a metal equivalent.

Why it applies: an equivalent grade is reported without its assumptions

### FNX6083-W5

[Link to this fact](https://atlas-extractions.minestarters.com/news/magna-mining-intersects-23-2-copper-5-6-nickel-21-4-g-t-platinum-palladium-gold--2541254a-786c-4aa8-bf08-e0b97e8d80ad#fact-drill-facts-13)

Levack · cobalt

#### Identity

- Hole ID: FNX6083-W5
- Project: Levack
- Commodity: cobalt
- Region: canada\_on
- Reported Region: canada\_on
- Ticker: NICU

#### Geometry

- Grade: 0.02
- Grade Unit: %
- Intercept: 3.49 m
- From: 1075.34 m
- To: 1078.83 m
- Intercept Depth: 1075.34 m

#### Classification

- Sample Type: drill
- Group ID: FNX6083-W5:1075.34-1078.83
- Mining Method: underground

#### QA/QC

- Laboratory: SGS Laboratories
- QA/QC Disclosed: Yes
- QP Signed: Yes
- QA/QC Methods: standards, blanks

#### Metal Equivalent

- Metal Eq. Grade: 4.4
- Metal Eq. Unit: % Cu-Eq

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2026-04-14T00:00:00.000Z

Reasoning: Expanded from assay table. 0.02 % cobalt is below against the default band \[0.5, 0.3, 0.15, 0.08\] %.

- Negative factor: 0.02 % cobalt is below the weak threshold \(0.08 %\) on the default band.

- Negative factor: Scored from rubric bands during table expansion, not from document context.

Evidence · table

> 0.02

Context: FNX6083-W5

#### Tags used in scoring

**QA/QC Disclosed**

Polarity: positive

Definition: Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods \(blanks, standards, duplicates\).

Why it applies: qaqc\_disclosed is true

**Cut-off Undisclosed**

Polarity: negative

Definition: High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff\_grade was stated

**Metal Equivalent Opaque**

Polarity: negative

Definition: Metal equivalent grade reported without disclosing the price, recovery, or payability assumptions used. Requires an actual metal equivalent grade; a combined elemental basket such as PGE is not a metal equivalent.

Why it applies: an equivalent grade is reported without its assumptions

### FNX6083-W5

[Link to this fact](https://atlas-extractions.minestarters.com/news/magna-mining-intersects-23-2-copper-5-6-nickel-21-4-g-t-platinum-palladium-gold--2541254a-786c-4aa8-bf08-e0b97e8d80ad#fact-drill-facts-14)

Levack · platinum

#### Identity

- Hole ID: FNX6083-W5
- Project: Levack
- Commodity: platinum
- Region: canada\_on
- Reported Region: canada\_on
- Ticker: NICU

#### Geometry

- Grade: 0.53
- Grade Unit: g/t
- Intercept: 3.49 m
- From: 1075.34 m
- To: 1078.83 m
- Intercept Depth: 1075.34 m

#### Classification

- Sample Type: drill
- Group ID: FNX6083-W5:1075.34-1078.83
- Mining Method: underground

#### QA/QC

- Laboratory: SGS Laboratories
- QA/QC Disclosed: Yes
- QP Signed: Yes
- QA/QC Methods: standards, blanks

#### Metal Equivalent

- Metal Eq. Grade: 4.4
- Metal Eq. Unit: % Cu-Eq

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2026-04-14T00:00:00.000Z

Reasoning: Expanded from assay table: 0.53 g/t platinum. No grade band defined for this commodity, so the score is a placeholder.

- Negative factor: No grade rubric for platinum; intercept not scored.

Evidence · table

> 0.53

Context: FNX6083-W5

#### Tags used in scoring

**QA/QC Disclosed**

Polarity: positive

Definition: Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods \(blanks, standards, duplicates\).

Why it applies: qaqc\_disclosed is true

**Cut-off Undisclosed**

Polarity: negative

Definition: High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff\_grade was stated

**Metal Equivalent Opaque**

Polarity: negative

Definition: Metal equivalent grade reported without disclosing the price, recovery, or payability assumptions used. Requires an actual metal equivalent grade; a combined elemental basket such as PGE is not a metal equivalent.

Why it applies: an equivalent grade is reported without its assumptions

### FNX6083-W5

[Link to this fact](https://atlas-extractions.minestarters.com/news/magna-mining-intersects-23-2-copper-5-6-nickel-21-4-g-t-platinum-palladium-gold--2541254a-786c-4aa8-bf08-e0b97e8d80ad#fact-drill-facts-15)

Levack · palladium

#### Identity

- Hole ID: FNX6083-W5
- Project: Levack
- Commodity: palladium
- Region: canada\_on
- Reported Region: canada\_on
- Ticker: NICU

#### Geometry

- Grade: 1.19
- Grade Unit: g/t
- Intercept: 3.49 m
- From: 1075.34 m
- To: 1078.83 m
- Intercept Depth: 1075.34 m

#### Classification

- Sample Type: drill
- Group ID: FNX6083-W5:1075.34-1078.83
- Mining Method: underground

#### QA/QC

- Laboratory: SGS Laboratories
- QA/QC Disclosed: Yes
- QP Signed: Yes
- QA/QC Methods: standards, blanks

#### Metal Equivalent

- Metal Eq. Grade: 4.4
- Metal Eq. Unit: % Cu-Eq

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2026-04-14T00:00:00.000Z

Reasoning: Expanded from assay table: 1.19 g/t palladium. No grade band defined for this commodity, so the score is a placeholder.

- Negative factor: No grade rubric for palladium; intercept not scored.

Evidence · table

> 1.19

Context: FNX6083-W5

#### Tags used in scoring

**QA/QC Disclosed**

Polarity: positive

Definition: Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods \(blanks, standards, duplicates\).

Why it applies: qaqc\_disclosed is true

**Cut-off Undisclosed**

Polarity: negative

Definition: High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff\_grade was stated

**Metal Equivalent Opaque**

Polarity: negative

Definition: Metal equivalent grade reported without disclosing the price, recovery, or payability assumptions used. Requires an actual metal equivalent grade; a combined elemental basket such as PGE is not a metal equivalent.

Why it applies: an equivalent grade is reported without its assumptions

### FNX6083-W5

[Link to this fact](https://atlas-extractions.minestarters.com/news/magna-mining-intersects-23-2-copper-5-6-nickel-21-4-g-t-platinum-palladium-gold--2541254a-786c-4aa8-bf08-e0b97e8d80ad#fact-drill-facts-16)

Levack · gold

#### Identity

- Hole ID: FNX6083-W5
- Project: Levack
- Commodity: gold
- Region: canada\_on
- Reported Region: canada\_on
- Ticker: NICU

#### Geometry

- Grade: 0.58
- Grade Unit: g/t
- Intercept: 3.49 m
- From: 1075.34 m
- To: 1078.83 m
- Intercept Depth: 1075.34 m

#### Classification

- Sample Type: drill
- Group ID: FNX6083-W5:1075.34-1078.83
- Mining Method: underground

#### QA/QC

- Laboratory: SGS Laboratories
- QA/QC Disclosed: Yes
- QP Signed: Yes
- QA/QC Methods: standards, blanks

#### Metal Equivalent

- Metal Eq. Grade: 4.4
- Metal Eq. Unit: % Cu-Eq

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2026-04-14T00:00:00.000Z

Reasoning: Expanded from assay table. 0.58 g/t gold is below against the underground mining band \[15, 7, 4, 2.5\] g/t. Grade×width 2.0 g/t·m is below.

- Negative factor: 0.58 g/t gold is below the weak threshold \(2.5 g/t\) on the underground mining band.

- Negative factor: Scored from rubric bands during table expansion, not from document context.

Evidence · table

> 0.58

Context: FNX6083-W5

#### Tags used in scoring

**QA/QC Disclosed**

Polarity: positive

Definition: Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods \(blanks, standards, duplicates\).

Why it applies: qaqc\_disclosed is true

**Cut-off Undisclosed**

Polarity: negative

Definition: High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff\_grade was stated

**Metal Equivalent Opaque**

Polarity: negative

Definition: Metal equivalent grade reported without disclosing the price, recovery, or payability assumptions used. Requires an actual metal equivalent grade; a combined elemental basket such as PGE is not a metal equivalent.

Why it applies: an equivalent grade is reported without its assumptions

### FNX6083-W5

[Link to this fact](https://atlas-extractions.minestarters.com/news/magna-mining-intersects-23-2-copper-5-6-nickel-21-4-g-t-platinum-palladium-gold--2541254a-786c-4aa8-bf08-e0b97e8d80ad#fact-drill-facts-17)

Levack · silver

#### Identity

- Hole ID: FNX6083-W5
- Project: Levack
- Commodity: silver
- Region: canada\_on
- Reported Region: canada\_on
- Ticker: NICU

#### Geometry

- Grade: 31.54
- Grade Unit: g/t
- Intercept: 3.49 m
- From: 1075.34 m
- To: 1078.83 m
- Intercept Depth: 1075.34 m

#### Classification

- Sample Type: drill
- Group ID: FNX6083-W5:1075.34-1078.83
- Mining Method: underground

#### QA/QC

- Laboratory: SGS Laboratories
- QA/QC Disclosed: Yes
- QP Signed: Yes
- QA/QC Methods: standards, blanks

#### Metal Equivalent

- Metal Eq. Grade: 4.4
- Metal Eq. Unit: % Cu-Eq

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2026-04-14T00:00:00.000Z

Reasoning: Expanded from assay table. 31.54 g/t silver is weak against the default band \[500, 200, 100, 30\] g/t. Grade×width 110.1 g/t·m is below \(grade alone is weak; the better of the two is used\).

- Negative factor: Scored from rubric bands during table expansion, not from document context.

Evidence · table

> 31.54

Context: FNX6083-W5

#### Tags used in scoring

**QA/QC Disclosed**

Polarity: positive

Definition: Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods \(blanks, standards, duplicates\).

Why it applies: qaqc\_disclosed is true

**Cut-off Undisclosed**

Polarity: negative

Definition: High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff\_grade was stated

**Metal Equivalent Opaque**

Polarity: negative

Definition: Metal equivalent grade reported without disclosing the price, recovery, or payability assumptions used. Requires an actual metal equivalent grade; a combined elemental basket such as PGE is not a metal equivalent.

Why it applies: an equivalent grade is reported without its assumptions

## How Atlas produces this analysis

Minestarters Atlas uses automated extraction to summarize mining announcements, identify reported measurements, and classify supporting evidence. Sentiment reflects the extracted narrative and classification rules; it is an interpretation, not a reported measurement. Evidence quotes and context are provided where available. Missing data, low-confidence results, and review flags indicate limitations. Check the original publisher announcement before relying on an interpretation.