Magnum has a rich portfolio of assets, targeting key commodities such as gold, copper, silver, and rare earth elements (REE). ​Magnum's current focus is the Azimuth REE Project in Brazil, where the Company is undertaking an extensive auger drilling campaign after uncovering IAC rare earth element mineralisation at the Piracanjuba Prospect. In addition, the Company is also focused on accelerating exploration across its Palmares REE Project in Brazil, and the Parker Gold Project in Arizona.