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Magna Mining (NICU) investor relations material
Magna Mining Corporate presentation summary
Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.Strategic positioning and portfolio
Sudbury-focused strategy targets multi-asset copper, nickel and precious-metals production, using district infrastructure, processing facilities and a proprietary exploration database.
Portfolio spans producing McCreedy West and permitted, past-producing projects including Levack, Crean Hill, Podolsky and Shakespeare; Shakespeare is permitted for a 4,500 tpd mill.
NI 43-101 resources total 50.52 Mt measured and indicated, containing 2.6 billion lbs CuEq, 875 million lbs nickel, 805 million lbs copper and 2.7 million oz precious metals.
McCreedy West production
H1 2026 payable production reached 8.6 million CuEq lbs; 180,742 tons shipped, including record Q2 tonnage of 98,446 tons.
H1 cash costs were US$3.63/CuEq lb and AISC US$4.39/CuEq lb; Q2 production cost fell 6.9% QoQ to $199/ton processed.
Q2 2026 generated record positive cash margin of $8.9 million and free cash flow of $5.1 million.
FY 2026 guidance: 16.0–18.0 million payable CuEq lbs, 3.2%–3.5% CuEq grade, and 355,000–375,000 short tons of 700 Copper Zone ore sales.
Levack exploration and restart
Levack restart preparations are underway, with underground rehabilitation and development providing drilling access; the 3900 Level ramp connection to 3600 Level is complete.
R2 Footwall Zone mineralization spans ~300 m vertically and ~150 m north-south, and remains open up dip and at depth toward the Morrison deposit, 600 m southwest.
Exploration is ongoing with two surface and two underground drill rigs; underground drilling at R2 is underway from the 8451 Drill Bay and the Morrison AdEx ramp.
Levack PEA completion and a production restart decision were targeted for Fall 2026.
- Strong H1 2026 results and a major investment support multi-year production growth.NICU
Corporate presentation - Record Q2 production, strong cash flow, and a major investment drive project growth.NICU
Q2 2026 - Strong cash flow and resource growth in Sudbury underpin multi-asset production expansion.NICU
Corporate presentation - Strong Q1 2026 cash margin, production, and liquidity with ongoing project progress.NICU
Q1 2026 - Record Q4 2025 production and robust resource base drive growth and upcoming project milestones.NICU
Corporate presentation - Record Q4 production and a $3.3M cash margin support strong liquidity and 2026 growth.NICU
Q4 2025 - Sudbury-focused production and exploration pipeline supports multi-year growth and value creation.NICU
Corporate presentation - Q3 2025 production hit 2.74M lbs CuEq, with strong cash reserves and operational improvements ongoing.NICU
Q3 2025 - Major project milestones, exploration, and acquisitions drive growth and cash flow outlook.NICU
Investor Update
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