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Magna Terra’s second batch of drilling results from its Luna Roja Project show promise and suggest the company may be edging towards discovery. We continue to believe that Magna Terra could see a significant re-rating with positive drilling news from its exploration in Argentina’s prolific Santa Cruz Province.
Drill results from the first of eight holes at Magna Terra’s Luna Roja project are encouraging. We look forward to results for 7 holes which are pending given the company is testing what could be a large epithermal precious metal system. We view Magna Terra as an early stage explorer in Argentina’s prolific Santa Cruz Province, with a strong potential to re-rate with positive drilling news.
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Red Cloud Klondike Strike Inc. connects mining companies with suitable investors that qualify under available regulatory exemptions. For example, in Canada, according to National Instrument 45-106, Prospectus and Registration Exemptions. Similar laws and regulations apply in other jurisdictions. Companies presented on this website are considered to be highly speculative and, as such, are suitable only for purchasers who can tolerate the highest level of risk including the loss of their entire investment.
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