Magna Terra Minerals Inc. explores for precious metals. It holds interests in Santa Cruz projects that cover an area of approximately 103,000 hectares in 8 independent areas located in the province of Santa Cruz, Argentina. The company also holds 100% interest in Great Northern project comprises four mineral exploration licenses that include 167 mineral claims covering an area of approximately 4,175 hectares; Viking project consisting of 3 mineral exploration licenses, which include 224 claims covering an area of approximately 5,600 hectares located in Newfoundland and Labrador; and Cape Spencer project comprising three mineral licenses covering 2,365 hectares situated in New Brunswick. Magna Terra Minerals Inc. is based in Toronto, Canada