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Magma Silver - Advancing the Niñobamba Silver-Gold Project in Peru
Manage episode 519431803 series 3374176
In this episode, Steve Barley introduces Magma Silver (TSX.V:MGMA - OTCQB:MAGMF - FSE:BC21) and its flagship Niñobamba Silver-Gold Project in Peru. Steve discusses the project’s extensive history, recent exploration, and next steps toward resource definition.
Key Discussion Points:
- Project Background:
First time the entire Niñobamba land package has been consolidated under one company; over 65 historic drill holes and US$10M in prior exploration by major miners. - Strong Discovery Potential:
Magma’s work has exceeded past results, including 10m @ 2 g/t gold and 5m @ 4 oz/t silver, confirming high-grade continuity. - Drill Program Funded & Permitted:
Drill permits secured at the Jorimina zone; a $5M financing (led by Research Capital) - including investment from Eric Sprott - supports a Q1 2026 drill campaign. - Community & Surface Work:
Negotiating community access agreements for the Niñobamba Main area to allow trenching, sampling, and future drilling. - Experienced Team:
Leadership includes Steve Barley (CEO), Jeff Reeder (Technical Advisor) with 30+ years in Peru, and a seasoned local geological team. - Tight Share Structure:
~37M shares outstanding.
Please email us with any follow up questions for Steve - [email protected] and [email protected]
Click here to visit the Magma Silver website to learn more about the company
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For more market commentary & interview summaries, subscribe to our Substacks:
The KE Report: https://kereport.substack.com/
Shad’s resource market commentary: https://excelsiorprosperity.substack.com/
Investment disclaimer:
This content is for informational and educational purposes only and does not constitute investment advice, an offer, or a solicitation to buy or sell any security. Investing in equities and commodities involves risk, including the possible loss of principal. Do your own research and consult a licensed financial advisor before making any investment decisions. Guests and hosts may own shares in companies mentioned.
670 episodes
Manage episode 519431803 series 3374176
In this episode, Steve Barley introduces Magma Silver (TSX.V:MGMA - OTCQB:MAGMF - FSE:BC21) and its flagship Niñobamba Silver-Gold Project in Peru. Steve discusses the project’s extensive history, recent exploration, and next steps toward resource definition.
Key Discussion Points:
- Project Background:
First time the entire Niñobamba land package has been consolidated under one company; over 65 historic drill holes and US$10M in prior exploration by major miners. - Strong Discovery Potential:
Magma’s work has exceeded past results, including 10m @ 2 g/t gold and 5m @ 4 oz/t silver, confirming high-grade continuity. - Drill Program Funded & Permitted:
Drill permits secured at the Jorimina zone; a $5M financing (led by Research Capital) - including investment from Eric Sprott - supports a Q1 2026 drill campaign. - Community & Surface Work:
Negotiating community access agreements for the Niñobamba Main area to allow trenching, sampling, and future drilling. - Experienced Team:
Leadership includes Steve Barley (CEO), Jeff Reeder (Technical Advisor) with 30+ years in Peru, and a seasoned local geological team. - Tight Share Structure:
~37M shares outstanding.
Please email us with any follow up questions for Steve - [email protected] and [email protected]
Click here to visit the Magma Silver website to learn more about the company
------------
For more market commentary & interview summaries, subscribe to our Substacks:
The KE Report: https://kereport.substack.com/
Shad’s resource market commentary: https://excelsiorprosperity.substack.com/
Investment disclaimer:
This content is for informational and educational purposes only and does not constitute investment advice, an offer, or a solicitation to buy or sell any security. Investing in equities and commodities involves risk, including the possible loss of principal. Do your own research and consult a licensed financial advisor before making any investment decisions. Guests and hosts may own shares in companies mentioned.
670 episodes
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