OTCQB: MAGE $1.80 0.24 (15.38%)
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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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Magellan Gold Announces New CFO and Secretary

Magellan Gold Corporation (OTCQB: MAGE) (“Magellan” or “the Company”) is pleased to announce the appointment of Michael P. Martinez as CFO and Secretary of the Company, effective immediately.  To facilitate this change, John C. Power recently stepped down as CFO and Secretary.  The Company wishes to thank Mr. Power for his service as an officer since…

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Definitive Agreement Signed for Acquisition of SDA Mill, Mexico

Magellan Gold Corporation (OTCQB: MAGE) (“Magellan” or “the Company”) is pleased to announce that Magellan and Rose Petroleum plc (AIM: ROSE) have signed a definitive and binding stock purchase agreement (“SPA”) in respect of Magellan’s acquisiiton of Rose’s mineral processing mill operation in San Dieguito de Arriba, Nayarit State, Mexico and its associated assets, licenses and agreements (together, the…

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Magellan Gold Launches New Website, Highlights Silver Strategy

Magellan Gold Corporation (OTCQB: MAGE) (“Magellan” or “the Company”) today announced the launch of its newly designed and updated website, which can be accessed at www.magellangoldcorp.com. The new website reflects Magellan’s progress towards its strategic objective of building a mid-tier silver-focused exploration and mining company; “We are concentrating on silver and are positioning the Company…

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