Magna Terra Minerals Inc. has returned gold assays of up to 1.97 g/t gold from initial prospecting and geological mapping at the Prospect Or’s Dream Project in northern New Brunswick, prompting an expansion of the property footprint.

The Phase 1 2026 field program involved collecting 310 rock grab float and outcrop samples across the 18,798-hectare property, with assays received for 264 of those samples so far. The work identified additional epithermal quartz-sulphide veins and resulted in the staking of two additional mineral claims covering 2,875 hectares to the east and southeast of the Blitzen Prospect.

Magna Terra acquired the project via an option agreement in January 2026 following a 2025 discovery that identified low-sulphidation epithermal quartz veins hosted within volcanic and granitic rocks over a 7.2-kilometre strike length.

Assay results from the 264 processed samples ranged up to 1.97 g/t gold, with 15 samples exceeding 0.1 g/t gold. Silver values ranged up to 34.7 g/t. Higher-grade precious metal samples were collected halfway between the Skull and Moose Lake occurrences along the Donner Trend.

Analysis of pathfinder elements—including silver, arsenic, antimony, tellurium, and mercury—along with vein textures and host rock alteration, indicates that the sampled prospects sit at a relatively high level within a classic low-sulphidation epithermal system.

“We are pleased with the early results from prospecting and geological mapping at Prospect Or’s Dream. Our initial work having prospected areas with higher grades of 1.97 g/t gold from rock grab samples, has also been successful at identifying additional zones of epithermal quartz veins, leading to the expansion of the property package south and east of the Blitzen Prospect.”

— Lew Lawrick, President and CEO, Magna Terra Minerals Inc.

To vector toward potential higher-grade parts of the system, Magna Terra plans to complete 1,000 B-horizon soil samples and 1,042-line kilometres of airborne magnetic and electromagnetic surveying at Prospect Or’s Dream during the remainder of the summer and into the fall of 2026.

Read the full announcement: Magna Terra Reports Initial Results from Early Exploration at the Prospect Or's Dream Epithermal Gold Project, New Brunswick; Identifies New Mineralized Trends and Expands the Project Footprint