03 November 2025
03 November 2025
The announcement was made following the two-day G7 meeting of energy and environment ministers in Toronto.
The Magno Project hosts multiple mineralisation styles, all connected by common fluid pathways and heat sources.
The proposed increase in funding for the incentive programme is currently awaiting cabinet approval.
The project is situated in Zambia’s IOCG region, 28km east of the Kalengwa copper-silver mine.
The transaction will be completed through a statutory plan of arrangement under the Business Corporations Act (Ontario).
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