Ontario Awards C$500,000 Grant to Magna Mining for Crean Hill Nickel-Copper-PGM Project

Magna Mining Inc., a Canadian exploration and development company, has secured a C$500,000 grant from the Ontario government to support its flagship Crean Hill nickel-copper-platinum group metals (PGM) project. The grant is part of Ontario’s effort to accelerate investment in the province’s critical mineral sector, particularly within the historic Sudbury Basin.

About the Crean Hill Project

The Crean Hill property, located in the Sudbury mining district of Ontario, is a brownfield project with significant historical production and existing infrastructure. Previously operated by Inco and Vale, the site is known for its high-grade nickel, copper, and PGM mineralization.

Magna Mining acquired the project in 2022 and has been advancing its development with a focus on underground resource expansion, environmental permitting, and modern mine design. The company plans to integrate Crean Hill with its nearby Shakespeare project, aiming to establish a multi-deposit mining operation in the Sudbury region.

Use of Funds and Strategic Importance

The C$500,000 grant is expected to fund key aspects of the project’s development, including:

• Drilling and geological modeling

• Engineering and mine planning

• Baseline environmental studies

• First Nations and community engagement

This funding supports Ontario’s broader strategy to establish a domestic supply chain for critical minerals essential for clean technologies such as electric vehicles, batteries, and green energy infrastructure.

Government’s Critical Minerals Strategy

Ontario has prioritized critical mineral development through targeted investments in exploration, innovation, and infrastructure. Nickel, copper, and PGMs are considered strategic resources for the province’s clean economy transition.

This grant to Magna Mining is one of several similar investments supporting junior and mid-tier miners that are advancing projects with economic potential and ESG alignment.

Statements from Magna Mining

Magna Mining’s leadership welcomed the support, emphasizing that the funding will help accelerate technical studies and de-risk early development. The company views the grant as a validation of Crean Hill’s potential to become a significant future supplier of nickel and PGMs, both vital to global electrification and decarbonization goals.

The C$500,000 grant from the Ontario government to Magna Mining marks an important step in the revitalization of one of Sudbury’s most promising brownfield sites. As global demand for battery and green metals surges, projects like Crean Hill are increasingly seen as strategic national assets that can anchor Canada’s leadership in the critical minerals space