Magna Mining and a New Off-take Agreement with Vale

Magna Mining CEO Jason Jessup discusses the offtake agreement with Vale and the progress made in de-risking the Crean Hill project. The agreement includes certain nickel zones while excluding the precious metals-dominated 109 footwall zone. An updated resource estimate is expected in Q2, with the possibility of improved grades. Vale is interested in Magna Mining as a supplier of ore and a long-term positive relationship is anticipated. Cashflow guidance will be provided once the updated life of mine plan is completed.