What you need to know: • MTT confirmed near-surface gold at Fournier Lake with assays up to 2.11 g/t Au, marking the first follow-up since the 2023 discovery and validating the zone’s structural potential. • MTT expanded its land position by staking an additional 8,829ha. • Rocky Brook now spans 28,024ha and sits along 30km of the Rocky Brook-Millstream Fault, beside Kinross-Puma’s Property. • MTT controls 77,949ha across Rocky Brook and Humber, trading at $180/ha vs peers near $673/ha, excluding its other properties. This morning, Magna Terra Minerals (MTT:TSXV, BRIOF:OTCPK) released initial exploration results from its Rocky Brook Project in northern New Brunswick, marking the Company’s first systematic follow-up on the gold mineralization discovered in 2023. The team collected 91 rock grab samples across a 350m corridor of exposed, northeast striking altered gabbro hosted within the Simpsons Field and LaPlante Sedimentary formations. Assays ranged from less than 5 ppb to 2.11 g/t Au, with the strongest sample (K210229) confirming the presence of near-surface gold in a structurally controlled setting (Figure 1). We are maintaining our BUY rating and target price of $0.30/share on Magna Terra Minerals. The newly reported assay results come from the Fournier Lake zone of the Rocky Brook Project. We remind readers that Rocky Brook hosts three distinct target areas: the Fossil Hill Target, the Boudreau Brook Target, and the Fournier Lake Target (Figure 2). The mineralization style from Fournier Lake today is consistent with recent discoveries made by Puma Exploration (PUMA:TSXV) at Williams Brook and Jonpol (19.55 g/t Au and 3.32% Cu), located 29km to the SE and 3km to the south. These zones are linked to the same family of east and NE-trending fault structures, including the McIntyre Brook, Island Brook, and Ramsey Brook faults. Fournier Lake itself has seen limited modern exploration and is strategically positioned beside Puma’s Greenfield Property and Canadian Metals’ (CME:CSE) Goldstrike Property, placing MTT within a developing regional gold corridor. Alongside today’s results, MTT expanded the Fournier Lake land position by staking an additional 8,829ha NE of the Rocky Brook-Millstream Fault (see the expanded property outline in Figure 2). The new claims cover a network of east and NE-oriented structural splays, including the Jacket River Fault and capture multiple gabbro intrusive swarms within the regional sedimentary package.