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Magellan Gold Corporation Announces Completion of Reverse Split of Its Common Stock

Reno, Nevada – Magellan Gold Corporation (OTCQB:  MAGE) (“Magellan”or “the Company”), a U.S. based mining and exploration enterprise focused on silver and gold, announced today the effectiveness of a 1-for-50 reverse split of its common stock.  Shares of Magellan common stock will begin trading on a split-adjusted basis on the OTCQB Marketplace at the market…

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Magellan Conducts Bulk Test at SDA Mill for Toll Milling Contract

Reno, Nevada – Magellan Gold Corporation (OTCQB: MAGE) (“Magellan” or “the Company”), a U.S. based mining and exploration enterprise focused on silver and gold, today announced it has reached preliminary agreement to toll treat mineralized material utilizing the Company’s SDA Mill at Acaponeta, Nayarit State, Mexico. A private third-party supplier will be responsible for sourcing…

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Magellan Provides Update on El Dorado Gold-Silver Project – Engages TEN Associates, LLC for US Investor Relations

Magellan Gold Corporation (OTCQB: MAGE) (“Magellan” or “the Company”), a U.S. based mining and exploration enterprise focused on silver and gold, today provided an update on the Company’s recently acquired El Dorado Gold-Silver Project, Nayarit, Mexico. The Company also announced it has engaged TEN Associates, LLC for investor relation services.   On August 13, 2018…

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Magellan Acquires El Dorado Gold-Silver Property, Nayarit State, Mexico

Magellan Gold Corporation (OTCQB: MAGE) (“Magellan” or “the Company”) announced it has entered into an agreement giving it the right to acquire the El Dorado Gold-Silver Property, a 50 hectare mining concession located near the village of Las Minitas, which lies 50 kilometers south of Magellan’s SDA Flotation Plant at Acaponeta, Nayarit State. Magellan intends…

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Magellan Announces Conversion of Debt

Magellan Gold Corporation (OTCQB: MAGE) (“Magellan” or “the Company”) announced that it has agreed with John Gibbs, the principal lender to the Company under a Credit Agreement, to permit Mr. Gibbs to convert an aggregate of $80,000 in outstanding principal due under the Credit Agreement into 5.0 million shares of Common Stock. The conversion price…

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Magellan Announces Restart of SDA Mill

Reno, Nevada – Magellan Gold Corporation (OTCQB: MAGE) (“Magellan” or “the Company”) announced that it has rehired employees and is restarting its 100% owned SDA Mill, Nayarit State, Mexico. Initially, operations will reprocess tailings located at the mill site. The tailings are waste products left from previous processing of ore but still contain low values…

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Magellan Announces Termination of Niñobamba Option, Peru

Magellan Gold Corporation (OTCQB: MAGE) (“Magellan” or “the Company”) announced that effective December 31, 2017, it had agreed with Rio Silver Inc. (“Rio Silver”) to mutually terminate the Company’s option to earn an interest in Rio Silver’s Niñobamba exploration property in Peru. Magellan previously announced entering into the option agreement in news releases on July…

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Magellan Completes Purchase of SDA Mill, Mexico

Magellan Gold Corporation (OTCQB: MAGE) (“Magellan” or “the Company”) is pleased to announce that on November 30, 2017, it completed the purchase of the SDA Mill, Nayarit State, Mexico, from Rose Petroleum plc (AIM: ROSE).   Total consideration for the purchase of the SDA Mill was US$1.5 million, consisting of $1.0 million in cash and…

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Purchase of SDA Mill Expected to Close in October

Magellan Gold Corporation (OTCQB: MAGE)  is pleased to announce that its purchase of the SDA Mill, Nayarit State, Mexico, from Rose Petroleum plc (AIM: ROSE) is on tract to close by the end of October 2017. The SDA Mill is a fully permitted and operational mineral processing plant and includes all associated assets, licenses and…

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