Yes, it is true that a spinning mass with no charge can create a magnetic field. This phenomenon is known as the mass version of a magnetic field, or the gravitational equivalent of a magnetic field. It is a consequence of Einstein's theory of general relativity, which explains the relationship between gravity and the curvature of spacetime.
When a mass spins, it creates a distortion in the surrounding spacetime, known as a gravitational field. This field can then interact with other masses, causing them to experience a force, just like how a magnetic field interacts with charged particles. However, unlike a magnetic field, which is created by moving charges, the mass version of a magnetic field is created by the curvature of spacetime caused by a spinning mass.
This concept has been confirmed by various experiments, including the Gravity Probe B mission, which measured the frame-dragging effect caused by Earth's rotation. It is also a crucial factor in the behavior of objects in the vicinity of rotating black holes.
In summary, while a spinning mass with no charge does not create a traditional magnetic field as we know it, it does create a mass version of a magnetic field through the curvature of spacetime.