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Magma Silver ( (TSE:MGMA) ) just unveiled an announcement.
Magma Silver Corp. has announced the expansion of its operations team in Peru and the establishment of a Peruvian subsidiary, Minas Sami Plata S.A.C., to enhance its exploration activities. The company aims to leverage local expertise and strengthen community relations, with the upcoming drill program at Jorimina and Randypata scheduled for Q3 2025. The involvement of Ecosoul Environmental Impact Consultants and experienced geologist Edgar Leon Choque highlights Magma’s commitment to environmental compliance and effective project management, potentially improving its industry positioning and stakeholder engagement.
More about Magma Silver
Magma Silver Corp. is a natural resources company focused on acquiring, exploring, developing, and operating precious metal mining exploration projects. The company’s primary focus is on the advanced Niñobamba silver-gold project located in Peru, a mining-friendly country.
Average Trading Volume: 65,151
Technical Sentiment Signal: Hold
Current Market Cap: C$6.52M
Find detailed analytics on MGMA stock on TipRanks’ Stock Analysis page.