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• MTT’s Fossil Hill trench confirms copper mineralization along the Boudreau Brook-Fossil Hill Trend.
• Polymetallic soil anomalies (Cu-Zn-Au-Ag) along the 15km trend were coincident with EM anomalies, 5.5km from the Caribou Mill Complex.
• Birch Zone Cu-Co footprint extended to 4.2km at Humber; Restigouche soil program outlines strong polymetallic anomaly along footwall corridor.
• MTT amended its Gold Hunter option agreement. Total consideration increased to $10.1M with a greater cash component.
This morning, Magna Terra Minerals (MTT:TSXV, BRIOF:OTCPK) announced geochemical results from a soil sampling and trenching program at the Boudreau Brook-Fossil Hill Trend on its Rocky Brook Project in the Bathurst Mining Camp of northern New Brunswick. Grab and channel sample results from trenching at the Fossil Hill Zone returned copper values up to 9,590ppm, 9,210ppm, and 9,080ppm Cu, confirming the presence of native copper and copper sulphides first reported in December 2025 (see our note here, pg. 4). The Company excavated three trenches (T4, T7, T8) totalling 245m and exposing 192m of bedrock, with in situ copper mineralization identified in all three trenches. Today’s assay results confirm the visual mineralization observed during the fall program. We are maintaining our BUY rating and target price of $0.30/share on Magna Terra Minerals.
Soil sampling results show anomalous copper, zinc, gold, and silver values coincident with EM anomalies along the 15km Boudreau Brook-Fossil Hill Trend, one of five high-priority targets identified from regional airborne geophysical and geochemical data. The trend is located 5.5km north-northwest of Canadian Copper’s Caribou Mill Complex, adding a compelling infrastructure narrative for the potential to identify and delineate additional copper-rich massive sulphide deposits within economic trucking distance of existing processing capacity. The Company plans to further advance this trend and other identified high-priority targets throughout the Rocky Brook Project in 2026, including targets on the Restigouche Property located between 5 and 10km southwest of Canadian Copper’s Murray Brook Deposit.
MTT: Fossil Hill Trench Results Confirm Copper at Rocky Brook
What you need to know:• MTT’s Fossil Hill trench confirms copper mineralization along the Boudreau Brook-Fossil Hill Trend.
• Polymetallic soil anomalies (Cu-Zn-Au-Ag) along the 15km trend were coincident with EM anomalies, 5.5km from the Caribou Mill Complex.
• Birch Zone Cu-Co footprint extended to 4.2km at Humber; Restigouche soil program outlines strong polymetallic anomaly along footwall corridor.
• MTT amended its Gold Hunter option agreement. Total consideration increased to $10.1M with a greater cash component.
This morning, Magna Terra Minerals (MTT:TSXV, BRIOF:OTCPK) announced geochemical results from a soil sampling and trenching program at the Boudreau Brook-Fossil Hill Trend on its Rocky Brook Project in the Bathurst Mining Camp of northern New Brunswick. Grab and channel sample results from trenching at the Fossil Hill Zone returned copper values up to 9,590ppm, 9,210ppm, and 9,080ppm Cu, confirming the presence of native copper and copper sulphides first reported in December 2025 (see our note here, pg. 4). The Company excavated three trenches (T4, T7, T8) totalling 245m and exposing 192m of bedrock, with in situ copper mineralization identified in all three trenches. Today’s assay results confirm the visual mineralization observed during the fall program. We are maintaining our BUY rating and target price of $0.30/share on Magna Terra Minerals.
Soil sampling results show anomalous copper, zinc, gold, and silver values coincident with EM anomalies along the 15km Boudreau Brook-Fossil Hill Trend, one of five high-priority targets identified from regional airborne geophysical and geochemical data. The trend is located 5.5km north-northwest of Canadian Copper’s Caribou Mill Complex, adding a compelling infrastructure narrative for the potential to identify and delineate additional copper-rich massive sulphide deposits within economic trucking distance of existing processing capacity. The Company plans to further advance this trend and other identified high-priority targets throughout the Rocky Brook Project in 2026, including targets on the Restigouche Property located between 5 and 10km southwest of Canadian Copper’s Murray Brook Deposit.
Underlying
MAGNA TERRA MINERALS INC
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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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