“This is the easiest mining project I’ve seen in 40 years — on or near surface, high recovery rates, and significant upside the majors left untapped.” CEO Stephen Barley
A LEGACY OF MAJOR INVESTMENT
With gold at record highs and silver at a 14-year peak, Magma Silver Corp. (CSE: MGMA / OTCQB: MAGMF) is advancing a flagship Peruvian project that has already seen $14.5 million in exploration by majors including Newmont, AngloGold, and Bear Creek. Today, Magma is applying modern geological modeling to unlock the full value of what those majors left behind.
WHY THIS PROJECT MATTERS
- DISTRICT-SCALE SYSTEM: The property spans 40 km², including an 8 km by 2 km anomalous zone with multiple gold and silver targets.
- CLEAN SILVER ADVANTAGE: Unlike many deposits labeled “silver equivalent,” Magma’s system has pure silver with no contaminant metals — a rare and attractive characteristic.
- JUMPSTART ON RESOURCE: With access to Newmont’s 65 drill holes and data, Magma can fast-track toward a compliant resource.
- PERU SILVER RECORD: Peru is one of the world’s top jurisdictions for silver and gold exploration as the 3rd largest silver producer globally – and a top 15 mining jurisdiction worldwide.
DRILLING AND RESULTS WILL BEGIN TO FLOW IN 2025
Magma’s Phase 1 sampling confirmed high-grade results, including 14 g/t gold and 311 g/t silver in surface samples. Drilling begins mid-November with six holes planned, and results expected before year-end — setting the stage for steady news flow through 2026.
RWA TOKENIZATION IS ON THE TABLE
The company is exploring real asset tokenization to monetize gold in the ground while minimizing dilution — an innovative financing path rarely seen at this stage. Longer term, Magma sees precedent in the Alamo Dorado Project, a discovery that sold for over $100 million when silver was just $5/oz.
THE INVESTMENT CASE
At a market cap of just ~$6M CAD, Magma Silver offers investors:
- A project already advanced by global majors
- Proven high-grade sampling results consistent with majors
- District-scale exploration potential
- And a management team with a track record of successful discoveries and financings.
With drilling underway and catalysts imminent, Magma Silver is positioning itself as one of Peru’s next major gold-silver stories at a time when the sector is gaining global momentum.