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An update from Magma Silver ( (TSE:MGMA) ) is now available.
Magma Silver Corp. has commenced a work program at its Niñobamba silver-gold project in Peru to define drill targets for a planned Q4 2025 drill program. The program, focusing on the Jorimina and Randypata areas, aims to refine drill targets and expand technical knowledge of the mineralized zones. The company is also reviewing potential acquisitions to broaden its silver and gold asset portfolio, indicating a strategic move to enhance its market position.
More about Magma Silver
Magma Silver Corp. is a natural resources exploration company focused on acquiring, exploring, developing, and operating precious metal mining projects. The company is listed on the TSXV, OTCQB, and Frankfurt Exchange, with its primary focus on the advanced Niñobamba silver-gold project in Peru. The project spans an 8 km mineralized corridor in a high-sulphidation epithermal system, with significant resource potential demonstrated by extensive exploration.
YTD Price Performance: -14.63%
Average Trading Volume: 111,970
Technical Sentiment Signal: Sell
Current Market Cap: C$3.61M
Find detailed analytics on MGMA stock on TipRanks’ Stock Analysis page.