Makenita Resources acquires large iron-magnetite project in Saskatchewan, boosting growth potential.

Makenita Resources Inc. has acquired the Serpentinization Iron-Magnetite Project in Saskatchewan, covering 23,517 acres adjacent to Max Power Corp. This project is promising for iron and magnetite, with potential for natural hydrogen production from mineral-rich iron formations. The acquisition expands Makenita's portfolio, which includes projects in tungsten, rare earths, cobalt, silver, and diamonds across Canada. Management expects active development and positive outlooks for the company in the near to mid-term.