Heads Up Poker Podcast
25% Copper?! How Magna Mining Plans to 10x in 3 Years!
- Author: Vários
- Narrator: Vários
- Publisher: Podcast
- Duration: 0:20:53
- More information
Informações:
Synopsis
Jason Jessop, CEO of Magna Mining, delivers a key update from the 2025 Rule Symposium, spotlighting the company’s aggressive growth in Ontario’s Sudbury Basin. With a $365M CAD market cap, no debt, $38M in cash, and 48 million tons of resource, Magna is ramping up copper production from its flagship McCreedy West Mine. Jessop breaks down Magna’s strategic focus on high-grade footwall copper deposits, with recent drill results hitting up to 25% copper. Backed by fully permitted projects like Shakespeare and Podolsky, Magna’s low-capex model sells ore directly to mills, bypassing costly infrastructure. With over 5% insider ownership and long-term support from Dundee Corp, Magna is on track to bring multiple mines online by 2028. Catalysts include monthly drill results, a reserve update, and government recognition as a critical minerals company, setting the stage for significant investor interest. Connect with Jason Jessop! Website: https://magnamining.com LinkedIn: https://www.linkedin.com/in/jason