Latest Magellan Gold Corp (MAGE) Headlines Ma
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Magellan Gold Corporation amends option agreement for Silver District
M2 - Tue Aug 27, 9:57AM CDT
Precious metal company Magellan Gold Corporation (OTC BB:MAGE) said on Monday that it has amended its option agreement to acquire the Silver District from Columbus Exploration Corporation.
Magellan Gold Amends Silver District Option
Marketwire - Mon Aug 26, 11:55AM CDT
Magellan Gold Corporation ("Magellan") (OTCBB: MAGE) announced today the amendment of its option agreement (the "Agreement") to acquire the Silver District from Columbus Exploration Corporation ("Columbus Exploration"), formerly Columbus Silver Corporation. This amendment provides for the remaining option payments payable by Magellan to Columbus Exploration be deferred by one year, such that US$400,000 is now due on December 31, 2014 and a final payment of US$500,000 is due on December 31, 2015. In consideration of this change, Magellan has made a firm commitment to maintaining the Property in good standing by continuing to pay all maintenance and lease fees that accrue during 2013 and 2014, irrespective of whether it drops the option during such period. For additional details of the Agreement, please see Magellan's SEC filings at www.sec.gov.
Columbus Exploration Amends Silver District Property Option
Marketwire - Mon Aug 26, 8:02AM CDT
Columbus Exploration Corporation (TSX VENTURE: CLX) ("Columbus Exploration"), formerly Columbus Silver Corporation, announces that it has amended its option agreement (the "Agreement") with Magellan Gold Corporation ("Magellan") (OTCBB: MAGE), under which Magellan may earn all of Columbus Exploration's interest in the Silver District property located in Arizona (the "Property"). Under the amendment, the remaining option payments payable by Magellan to Columbus Exploration have been deferred by one year, such that US$400,000 is now due on December 31, 2014 and a final payment of US$500,000 is due on December 31, 2015. In consideration of this change, Magellan has made a firm commitment to maintain the Property in good standing by paying all maintenance and lease fees that accrue during 2013 and 2014, irrespective of whether it terminates the option during such period. For additional details of the Agreement, please see Columbus Exploration's original news release of August 29, 2012.
Magellan Gold Announces Staking of Exploration Target
GlobeNewswire - Wed Mar 06, 8:30AM CST
Magellan Gold Corporation (OTCBB:MAGE) announced that it has recently staked an exploration target approximately ten miles WNW of Needles, California in San Bernardino, County in the northwest corner of the Sacramento Mountains.
Magellan Gold Updates Silver District Project
GlobeNewswire - Tue Feb 19, 9:30AM CST
Magellan Gold Corporation (OTCBB:MAGE) is pleased to update efforts to advance its flagship project located in the historic Silver District, La Paz County, Arizona.