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• MTT has entered an option agreement to acquire the large and prospective Prospect Or’s Dream Epithermal Gold Project in north-central New Brunswick.
• The Project contains 29 claims (15,923ha) strategically positioned along and adjacent to a 30km section of the Moose Lake Fault.
• 2025 field work yielded promising results, including the identification of epithermal-style quartz boulders and surface outcrop over 7.2km in strike.
• Prospect Or’s Dream adds a new early-stage opportunity in Atlantic Canada to MTT’s portfolio.
This morning, Magna Terra Minerals (MTT:TSXV, BRIOF:OTCPK) announced the acquisition of the Prospect Or’s Dream Epithermal Gold Project, a large, district-scale exploration asset in north-central New Brunswick that expands the Company’s Atlantic Canada footprint. The project covers 15,923ha across 29 mineral claims and is strategically positioned along a 30km section of the Moose Lake Fault. The acquisition is supported by positive 2025 prospecting results and introduces a new early-stage discovery opportunity to MTT’s portfolio. We are maintaining our BUY rating and target price of $0.30/share on Magna Terra Minerals.
Prospect Or’s Dream Project
Exploration work carried out on the property this past summer led to the identification of epithermal-style quartz boulders and adjacent outcrop exposure at surface over a minimum 7.2km strike length along and adjacent to the Moose Lake Fault. The discovery represents the first documented epithermal gold occurrence on much of the property, which has seen limited historical sampling or exploration outside the nearby Skull Zone (see Figures 1 & 2).
Prospecting in 2025 included the collection of 132 rock float outcrop samples, returning gold values ranging from 1 ppb to 735 ppb Au, with 28 samples assaying above 100 ppb Au. At the Pringle Brook occurrence, three samples of epithermal quartz veins returned 420, 430, and 570 ppb Au, further confirming gold mineralization across multiple areas of the project. While individual samples do not exhibit high-grade gold, the results are interpreted as representative of a gold-bearing, near-surface epithermal system developed within volcanic and intrusive host rocks and extending along a major regional fault over several kilometres.
MTT: Options New Brunswick Epithermal Gold Project
What you need to know:• MTT has entered an option agreement to acquire the large and prospective Prospect Or’s Dream Epithermal Gold Project in north-central New Brunswick.
• The Project contains 29 claims (15,923ha) strategically positioned along and adjacent to a 30km section of the Moose Lake Fault.
• 2025 field work yielded promising results, including the identification of epithermal-style quartz boulders and surface outcrop over 7.2km in strike.
• Prospect Or’s Dream adds a new early-stage opportunity in Atlantic Canada to MTT’s portfolio.
This morning, Magna Terra Minerals (MTT:TSXV, BRIOF:OTCPK) announced the acquisition of the Prospect Or’s Dream Epithermal Gold Project, a large, district-scale exploration asset in north-central New Brunswick that expands the Company’s Atlantic Canada footprint. The project covers 15,923ha across 29 mineral claims and is strategically positioned along a 30km section of the Moose Lake Fault. The acquisition is supported by positive 2025 prospecting results and introduces a new early-stage discovery opportunity to MTT’s portfolio. We are maintaining our BUY rating and target price of $0.30/share on Magna Terra Minerals.
Prospect Or’s Dream Project
Exploration work carried out on the property this past summer led to the identification of epithermal-style quartz boulders and adjacent outcrop exposure at surface over a minimum 7.2km strike length along and adjacent to the Moose Lake Fault. The discovery represents the first documented epithermal gold occurrence on much of the property, which has seen limited historical sampling or exploration outside the nearby Skull Zone (see Figures 1 & 2).
Prospecting in 2025 included the collection of 132 rock float outcrop samples, returning gold values ranging from 1 ppb to 735 ppb Au, with 28 samples assaying above 100 ppb Au. At the Pringle Brook occurrence, three samples of epithermal quartz veins returned 420, 430, and 570 ppb Au, further confirming gold mineralization across multiple areas of the project. While individual samples do not exhibit high-grade gold, the results are interpreted as representative of a gold-bearing, near-surface epithermal system developed within volcanic and intrusive host rocks and extending along a major regional fault over several kilometres.
Underlying
MAGNA TERRA MINERALS INC
Provider
Atrium Research Corporation
Atrium Research provides institutional quality issuer paid research on North American public equities using deep fundamental analysis. Our research reports are disseminated through Bloomberg, FactSet, Capital IQ, Reuters and many more, as well as through our social media and email distribution lists.
Ben Pirie
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