Published Wednesday, 12 September 2012
One man was arrested in relation to the raid. (© UTV)
A house at Leckagh Drive was searched on Tuesday evening and 38 kilos of cannabis resin were seized.
A large sum of cash was also uncovered after a vehicle was searched.
The drugs will be sent for forensic examination.
Chief Inspector Sam Donaldson, Area Commander for Magherafelt, said that the seizure was made as a result of information received from the public.
He added: "I am extremely grateful to the community for their assistance in this investigation. I would also like to thank your local officers for their continued hard work in the pursuit of those engaged in drugs offences."
Overend commends Police for Magherafelt drugs seizure
UUP MLA for Mid Ulster Sandra Overend commended the PSNI on their operation.
"Drugs are blight on our society and drug dealers prey on our young people without care for the misery that they bring. It is absolutely vital that the entire community unites to give the police every assistance to thwart the activities of the dealers," Mrs Overend said.
"It is the role of the police to tackle the supply of drugs, but it is the role of the community to remove the demand. As long as people are prepared to pay for illegal drugs, unscrupulous people will be willing to supply them.
"We must remove that demand by acting as a community to educate our young people of the dangers of drugs and encourage them to stay away from drugs and the dealers who peddle them."