MAGELLAN GOLD CORP - MAGE STOCK NEWS

Magellan Gold Corporation (OTCQB:MAGE) announced a Joint Venture Agreement with Gold Express Mines on the Kris Project in Plumas County, California. This high-grade underground project encompasses 79 mining claims over 1,580 acres in a historically productive gold belt. It aims to explore a mineralized zone measuring 1,500 feet long and 30 feet wide, with potential for extensive ore-grade mineral deposits. The project is aligned with Magellan's strategy to develop near-term production opportunities. Company CEO Mike Lavigne emphasized the project's significant potential for shareholders.

Magellan Gold Corporation (OTC PINK:MAGE) announced the acquisition of five mining properties in Idaho from Gold Express Mines. The new properties, located across various counties, are at different stages of exploration and development. This strategic move is backed by experienced mining executives Mr. Howard Crosby and Mr. John Ryan, who join Magellan's board and advisory roles, respectively. Their history in founding several successful mining companies is expected to bolster Magellan's operations and exploration efforts. The CEO, Mike Lavigne, expressed optimism about the potential of these properties and the expertise of the new team members.

Magellan Gold Corporation (OTCQB: MAGE) has initiated work to reopen the upper portal of its Center Star Gold Mine in Idaho, aiming to access two previously unknown veins noted in a 1982 report. The veins show impressive assay results of 1.09 oz/ton and 2.75 oz/ton. The reopening will enhance exploration capabilities and provide a secondary escape route within the mine. Since acquiring the project in July 2020, Magellan has expanded its claims to 620 acres. The company is focused on precious metals exploration and aims to increase production and shareholder value.

Magellan Gold Corporation (OTCQB: MAGE) has made significant progress in the exploration and development of its Center Star Gold Mine project in Idaho. Following the issuance of a key permit by the U.S. Forest Service, the company has reopened mine portals and initiated road rehabilitation. Geologists are now conducting further exploration, including sampling and verification of historical data. The Center Star Mine has promising geological reports indicating high-grade gold mineralization, with estimates of approximately 30,000 tons of ore at grades between 0.46oz/ton and 2.75oz/ton from past studies.

Magellan Gold Corporation (OTCQB: MAGE) announced the retention of RedChip Companies, Inc. to enhance its investor relations. President Mike Lavigne emphasized the importance of effective communication with investors as the company enters a 'significant phase' in its lifecycle. Founded in 1992, RedChip specializes in promoting microcap and small-cap stocks and boasts a solid track record in helping companies increase visibility and achieve capital market goals. Magellan is focused on precious metals exploration and aims to expand its resource base, notably with its Center Star Gold Mine project in Idaho.