Magna Terra Minerals Inc. announced that Opus One Resources Inc. ("Opus One") have provided a detailed summary report of its exploration program undertaken to date on the Noyell Project ("Noyell"), located in the province of Quebec. In addition, Opus One has made the fourth anniversary option payment to Magna Terra of $100,000 under the option and purchase agreement. The Noyell Project covers an area of 2,536 hectares and is located along the Douay-Cameron deformation corridor (south of the Casa Berardi Break) near the past-producing Vezza gold mine.

Since acquiring the Noyell Project in 2019, Opus One has completed 5,876.6 metres of diamond drilling in 14 drill holes that have targeted Zones 1 and 2 as previously reported in Opus One news releases dated July 8, 2020 and April 13, 2021. In addition,Opus One has completed ground Induced Polarization ("IP") and airborne magnetic surveys on the Property. Drill holes NO-20-01, 02; NO-21-01 to NO-21-08; and NO-21-12 were drilled to test the Main Zone mineralization and successfully intersected gold mineralization in Zones 1 and Zones 2. Drill holes NO-21-09 to NO-21-11 were drilled to test IP exploration targets to the east of the Main Zone.

Highlight assays for drilling on the project, including historic results from 1988, 1994, 1995 and 2007, are provided in Table 1. Project Highlights: Favourably located in the Abitibi Greenstone Belt; 10 kilometres along strike from past-producing Vezza Mine along the Douay-C Cameron Deformation Corridor; Covering 5 kilometres of favourable strike length; Close to existing infrastructure (road, power, manpower, existing gold mills); Drilling in 2020 and 2021 has outlined significant grade over width at Zone 1 of the Main Zone, with assays including: 3.54 g/t Au over 11.2 m (294.9 to 306.1 m), including 7.96 g/t gold over 3.7 m in drill hole NO-20-02; 4.47 g/t gold over 6.5 m (404.0 to 410.5 m) in drill hole NO-21-06; and Open for expansion along strike and down-dip as well in sub-parallel Zone 2.