Mining Stock Daily Operations and Development Update from Magna Mining
Mar 30, 2026
Jason Jessup, CEO of Magna Mining, gives a concise company update and mini bio as a mining executive steering multiple projects. He discusses progress at McCreedy, Levesque and Crane Hill. Topics include production targets, technical studies and project financing. Market volatility and cost-efficiency measures also come up.
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CEO Spent Q1 On Extensive Marketing Roadshow
- Jason spent most of Q1 traveling for marketing and only had two full weeks in the Sudbury office.
- He attended PDAC and marketed in Toronto and Vancouver while operations continued on-site.
Three Projects Advancing In Parallel
- Magna is executing multiple simultaneous projects with Levesque development, McCreedy operations, and Crane Hill prep all progressing on schedule.
- Levesque broke through to the 3600 level, will access 1800-level mineralization, and expects hoisting of ore and waste later this year ahead of a Q3 PEA.
Lock In Permits And Infrastructure Before Funding
- Prepare infrastructure and permits in advance so construction can start immediately when financing conditions align.
- Crane Hill will have grid power, permanent dewatering, and surface infrastructure in place ahead of a PFS to enable rapid construction.