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Magellan Gold: Purchase of Mexican Flotation Plant to Close in October

MAGE is pleased to announce its purchase of the SDA Mill, Nayarit State, Mexico, from Rose Petroleum plc (AIM: ROSE) is anticipated to be concluded in October 2017. Total consideration for the purchase is US$1.5 million, consisting of $1.0 million in cash and $500,000 in Magellan stock, of which $100,000 in cash already has been…

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Magellan Gold Extends Option to Purchase Flotation Plant in Mexico

Reno, Nevada – Magellan Gold Corporation (OTCQB: MAGE) (“Magellan” or “the Company”) is pleased to announce it has reached agreement with Rose Petroleum plc (AIM: ROSE) (“Rose”) to extend the Company’s option to purchase a flotation plant and associated assets, licenses and agreements (together, the “SDA Mill”) located in the State of Nayarit, Mexico. Total…

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Drill Targets at Red Cloud Mine and Exploration Upside at Magellan’s Arizona Silver Project

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 outlined geophysical and geochemical techniques around the Red Cloud Mine that have helped to delineate drill targets on its 100% owned flagship Silver District Project in southwest Arizona. Historical drilling…

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Magellan Gold CEO Updates Shareholders

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 conveyed the following message to shareholders:   I want to take this opportunity to welcome our new shareholders and to bring you up to date on the progress your company…

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Peruvian Silver-Gold Venture Offers Immense Exploration Upside to Magellan Shareholders

Reno, Nevada – Magellan Gold Corporation (OTCQB: MAGE) (“Magellan” or “the Company”) today highlighted the promising exploration potential of its Niñobamba exploration project located in south-central Peru. The Company has the right to earn a 50% interest in the project from Rio Silver Inc. (TSX.V: RYO) through expenditures of $2.0 million over three years. Since…

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Magellan Sampling Returns High-Grade Gold and Silver on Prospects Near SDA Mill, Nayarit State, Mexico

Reno, Nevada – Magellan Gold Corporation (OTCQB: MAGE) (“Magellan” or “the Company”), today commented on promising high-grade gold and silver assays obtained from prospects within trucking distance of the SDA Mill. The prospects were evaluated for their potential to supply high-grade ore to the mill. In March 2017, the Company entered into an option agreement…

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Magellan Gold Provides Update to Shareholders

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 conveyed the following message to shareholders:   I want to take this opportunity to welcome our new shareholders and to bring you up to date on the progress your company…

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Arizona Project Provides Substantial Silver Upside for Magellan Shareholders

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 explained the exciting upside potential of its 100% owned flagship Silver District Project located in southwest Arizona.   “Historical shallow drilling at the project outlined a resource of 16 million…

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