MAGNUM MINING AND EXPLORATION LIMITED — Investor Relations & Filings

Magnum Mining and Exploration Limited focuses on the development of the Buena Vista Magnetite Project. The primary objective is the production of high-purity magnetite concentrate and the potential manufacture of green pig iron. Utilizing HIsmelt technology, the company aims to produce high-quality metallic products with a reduced carbon footprint. The Buena Vista Project features a significant magnetite resource with access to existing infrastructure, supporting large-scale mining and processing operations. Strategic initiatives include the integration of renewable reductants, such as biochar, to facilitate sustainable metallurgical processes. The company's operations involve resource exploration, technical feasibility assessments, and the advancement of mineral processing technologies to serve the global steel industry's transition toward decarbonization.