Magellan Copper and Gold Corp.

Magellan Gold Corp. today announced the appointment of Deepak Malhotra, Ph.D., as Director of the Company. Dr. Malhotra, a world-renowned processing expert, has over 48 years of mining industry experience, with expertise in process design, process development, plant auditing and troubleshooting, detailed engineering, and capital and operating cost management. His process work with mining organizations worldwide has led to [...]

Magellan Gold Corp. announced today that the Company has created a new wholly owned subsidiary, M Gold Royalty, to expand into the royalty business. M Gold Royalty will engage in organically generating royalties derived from a portfolio of mineral property interests in North America. Royalties from this portfolio will be complemented by royalties from selected acquisitions as well as income from other strategic [...]

Magellan Gold Corp. today announced that the Company has posted the bond required under its permit from the U.S. Forest Service to reopen portals at the Center Star Gold Mine in Idaho. With bond placed, Magellan has hired a contractor to commence work immediately. This includes rehabilitating roads leading to the Center Star Gold Mine and reopening the mine’s main portal and emergency access portal. “We are thrilled to [...]

Magellan Gold Corp. today announced that the Company has received a permit from the U.S. Forest Service to reopen the portals to the Center Star Gold Mine in Idaho. The issuance of the permit will allow Magellan to rehabilitate the roads leading to the Center Star Gold Mine and reopen the mine’s main portal and emergency access portal. The Company will post bond after it receives information from the U.S. Forest Service [...]

Magellan Gold Corp. today announced the appointment of Michael Lavigne as President and Director effective August 1, 2020. In addition to Mr. Lavigne, Gregory Schifrin was also appointed as Director, following the Company's acquisition of Clearwater Gold Mining Corporation announced in July 2020. Mr. Lavigne has been involved in the mining industry since 1975, when he worked underground for Helca Mining Company. After [...]

Magellan Gold is pleased to announce that the company has acquired additional unpatented mining claims in proximity to the unpatented claims comprising the historic Center Star Gold Mine near Elk City, Idaho which was acquired effective July 1, 2020. The company has added an additional 320 acres of land to increase its holding to a total of 620 acres of claims along the Center Star gold trend. The new claims are located [...]

Magellan Gold is pleased to announce that it has entered into a stock purchase agreement to acquire Clearwater Gold Mining Corporation which owns certain unpatented mining claims in Idaho County, Idaho that include the historic Center Star Gold Mine near Elk City, Idaho. The Center Star Mine hosts high grade gold mineralization that was discovered in the early 1900’s. There was periodic historic production and development [...]

Magellan Gold is pleased to announce that it has entered into a stock purchase agreement to acquire Clearwater Gold Mining Corporation which owns certain unpatented mining claims in Idaho County. Idaho that include the historic Center Star Gold Mine near Elk City, Idaho. The Center Star Mine hosts high grade gold mineralization that was discovered in the early 1900's. There was periodic historic production and development [...]

Magellan Gold 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 of the Company. Going forward, Mr. Drips will continue to be an integral part of our technical advisory board. "We [...]

Magellan Gold 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 for cash, NVX shares, and a minimum work commitment over a five-year period. Highlights of the Silver District Binding LOI Terms: Magellan grants NV Gold the exclusive right to purchase an undivided 100% right, title and interest in and to the Property [...]