Magellan Gold Doubles the Size of its Center Star Gold Property in Idaho
New claims increase holdings to a total of 620 acres of land at historic gold mine near Elk City, Idaho Reno, Nevada – July 15, 2020 – Magellan Gold Corporation (OTCQB: MAGE ) (“Magellan” or the “Company”), a precious metals exploration and development company, is pleased to announce that the company has acquired additional unpatented mining…
Read MoreMagellan Gold Acquires Center Star Gold Project in Idaho
Reno, Nevada —- Magellan Gold Corporation (OTCQB: MAGE) (“Magellan” or the “Company”), is pleased to announce that it has entered into a stock purchase agreement to acquire Clearwater Gold Mining Corporation (“Clearwater”) which owns certain unpatented mining claims in Idaho County. Idaho that include the historic Center Star Gold Mine near Elk City, Idaho. The…
Read MoreMagellan Gold Corporation Shareholder Update
Reno, Nevada – Magellan Gold Corporation (OTCQB: MAGE) (“Magellan”or “the Company), announced today the redirecting its focus toward domestic United States precious metal opportunities as the best path forward to maximize shareholder value. As part of the new direction, effective May 31, 2020, David E. Drips has resigned as Chief Executive Officer, President, and Director…
Read MoreMagellan Gold Corporation enters into agreement to sell 100% of Silver District project in Arizona
RENO, NV / ACCESSWIRE / January 13, 2020 / Magellan Gold Corporation (MAGE) (“Magellan” or the “Company”) today announced it has entered into a binding Letter of Intent to sell 100% of its Silver District project in La Paz County, Arizona, to NV Gold Corporation (TSXV: NVX, US: NVGLF) for cash, NVX shares, and a minimum…
Read MoreMagellan 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…
Read MoreMagellan 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…
Read MoreMagellan 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…
Read MoreMagellan 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…
Read MoreMagellan 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,…
Read MoreMagellan 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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