Magma Silver Corp. is pleased to provide an update on the Q3 ongoing work program on the Joramina and Randypata properties on the advanced Niñobamba silver gold project in Peru. Highlights: Drift sampling on the Joramina zone returned 10 metres of 2.32 grams Au/tonne and 5-metre composite returning 4.085 ounces Ag/tonne. Sampling close to the drift on the Joramina zone returned 0.70 metres of 17.41 grams Au/tonne and [...]
Magma Silver Corp. is pleased to announce that, further to its news releases dated October 7 and 8, 2025, it has closed its non-brokered private placement for aggregate gross proceeds of $5,000,000, through the issuance of 33,333,332 units of the Company at a price of $0.15 per Unit. Each Unit consists of one common share of the Company and one-half of one common share purchase warrant . Each Warrant entitles the holder [...]
Magma Silver Corp. announces the grant of 1,850,000 incentive stock options to certain of its directors, officers, consultants, and employees pursuant to the Company's Stock Option Plan. The options are exercisable for a period of five years at CAD$0.20 per share. About Magma Silver Corp. Magma Silver Corp. is a natural resources exploration company focused on acquiring, exploring, developing, and operating precious metal [...]
Magma Silver Corp. is pleased to announce that, due to strong investor demand, it has upsized its previously announced non-brokered private placement from $4,000,000 to $5,000,000 in aggregate gross proceeds . The Offering will consist of up to 33,333,334 units of the Company at a price of $0.15 per Unit . Each Unit will be comprised of one common share of the Company and one-half of one Common Share purchase warrant [...]
Magma Silver Corp. is pleased to announce a non-brokered private placement consisting of up to 26,666,667 units of the Company at a price of $0.15 per Unit for aggregate gross proceeds of up to $4,000,000 . Each Unit will be comprised of one common share of the Company and one-half of one Common Share purchase warrant . Each Warrant shall be exercisable to acquire one Common Share at an exercise price of $0.25 per Common [...]
Magma Silver Corp. is pleased to provide an update on the Q3 ongoing work program on the Jorimina and Randypata properties on the advanced Niñobamba silver gold project in Peru. Highlights: Phase 1 assays have confirmed or exceeded the historical Newmont Mining Corp. results. Four old mine workings located immediately north of the Jormina Central project were sampled with 5 samples averaging 5.32 g/mt Au and 4.812 oz/mt [...]
Magma Silver Corp. announces the launch of a 12-month online marketing campaign with AGORACOM that will feature industry-leading AI generated content to reach investors of all demographics around the world. In addition, Magma will launch a Verified Forum on AGORACOM's platform that will provide moderated, civilized engagement between management and shareholders. The Company will pay $0 in cash for the program, utilizing [...]
Silver miners are using 2025's price gains to expand operations and make acquisitions, with some analysts calling it the sector's biggest growth cycle in more than a decade. Earlier this year, the Silver Institutepredicted 2025 mine output to hit a seven-year high, even as silver prices average 44% above the past decade's levels. The silver mining market is projected to reach $42.23 billion by 2032, growing at 8.75 [...]
Highlights: Work program underway to define drill targets Drilling planned for Q4 2025 Upcoming catalysts for 2025 include reviewing potential acquisitions to broaden the silver and gold asset portfolio Magma Silver Corp. announces the commencement of the work program designed to evaluate and define targets for the planned Q4 drill program at the advanced Niñobamba silver-gold project in Peru. The drill program will [...]
Silver miners are early in a parabolic move higher as the precious metal pushes toward what analysts describe as a decisive $40 breakout. Industrial demand is creating momentum for the white metal, with fabrication volumes forecast to surpass 700 million ounces for the first time ever in 2025. Market technicians note that silver has cleared key resistance levels while establishing bullish momentum patterns, positioning [...]
Magma Silver Corp. is pleased to announce the commencement of a summer work program designed to evaluate and define targets for the planned Q4 drill program that will follow-up on previous work to identify new drill site locations at the advanced Niñobamba silver-gold project in Peru. Stephen Barley, Chairman & CEO, stated, "We are excited to start a work program at the advanced Niñobamba silver-gold project focused on [...]
Magma Silver Corp. is pleased to announce that all required payments under the community access agreement respecting the Jorimina and Randypata projects have been made, maintaining Magma's access rights for exploration on these two mineralized zones. Newmont Mining Corp. previously carried out CAD$10 million worth of exploration on the Jorimina and Randypata zones, identifying several extensive surface gold and silver [...]