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Magellan Gold Corporation Enters into an Agreement to Acquire the Santa Maria Mine from Golden Minerals Company

Magellan Gold Corp (OTCQB:MAGE) (the “Company“) has entered into a binding agreement, dated October 16, 2019, with Golden Minerals Company ( “NYSE:AUMN“)(“Golden”)  for the assignment of the option (the “Transaction“) to earn a 100% interest in the Santa Maria Project in Chihuahua State, Mexico. The agreement provides for a 150-day period to complete due diligence…

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Magellan Gold Corporation Announces Agreements to Enhance Balance Sheet and Shareholder Update

Reno, NV —- Magellan Gold Corporation (OTCQB:MAGE) (“Magellan” or the “Company”) today announced agreements effective September 30, 2019 (the “Agreements”) with its primary secured creditors and largest shareholder to convert an aggregate of $2.45 million of outstanding debt obligations (including a secured line of credit, outstanding promissory notes and advances) into a newly-created series of…

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Magellan Gold Names Frank A. Pastorino Chief Operating Officer

Reno, Nevada —- Magellan Gold Corporation (OTCQB: MAGE) (“Magellan” or “the Company”), is pleased to announce the immediate appointment of Frank A. Pastorino as Chief Operating Officer, further strengthening Magellan’s senior management team.  The Company announced David Drips as President & CEO on June 19, 2019. Pastorino has more than 15 years of experience in…

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Magellan Gold Names David E. Drips President and Chief Executive Officer

Reno, Nevada —- Magellan Gold Corporation (OTCQB: MAGE) (“Magellan” or “the Company), is pleased to announce the immediate appointment of David E. Drips as Chief Executive Officer, President, and Director of the Company. Mr. Drips replaces Dr. Pierce Carson who retired on June 1, 2019. David Drips has Over 45 years of experience in the…

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Magellan Gold Provides Update on Mexican Activities

Reno, Nevada – Magellan Gold Corporation (OTCQB:  MAGE) (“Magellan”or “the Company), today provided an update on its El Dorado Gold-Silver Mine and its SDA Mill located in Nayarit State, Mexico. In March, the Company gained the support of the local permitting officials. It anticipates the new federal administration will favor the permitting of El Dorado,…

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Magellan Engages Senior Mining Consultant for Evaluation and Design of El Dorado Gold-Silver Mine

Reno, Nevada – Magellan Gold Corporation (OTCQB:  MAGE) (“Magellan”or “the Company”) is pleased to announce that it has engaged the sevices of senior  mining consultant David E.Drips to provide guidance in the evaluation, design  and development of the Company’s El Dorado Gold-Silver mining project, Nayarit State, Mexico. Magellan has continued to advance El Dorado, which…

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Magellan Completes 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 completed a bulk test of mineralized material supplied and delivered by a private third-party to the Company’s SDA Mill at Acaponeta, Nayarit State, Mexico. As announced December 17,…

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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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