$0.20 Market Cap of $7 Million.
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Description
Magma Silver Corp. is a Canadian exploration company focused on its flagship Niรฑobamba Project in Peru. Spanning an 8 km mineralized corridor within a prolific geological belt, the project has been extensively explored by Newmont Mining and others, confirming significant resource potential. With over $14.5M CAD invested, Magma Silver is advancing Niรฑobamba through modern geological modeling and a strategic development plan to maximize its value.
The company explores for copper, cobalt, gold, and silver deposits. Its flagship project is the Niรฑobamba project that covers an area of approximately 4,100 hectares located in the Ayacucho region of Peru.
The company was formerly known as African Energy Metals Inc. and changed its name to Magma Silver Corp. in April 2025.
Magma Silver Corp. is headquartered in Vancouver, Canada.
Recent News
Magma Silver Announces Engagement of Market Maker | May 29, 2025
MAGMA SILVER CLOSES FULLY SUBSCRIBED SECOND TRANCHE OF PRIVATE PLACEMENT | May 27, 2025
MAGMA SILVER APPOINTS TOWNSEND AS A DIRECTOR AND AMENDS STOCK OPTIONS | May 7, 2025
MAGMA SILVER ANNOUNCES ENGAGEMENT OF MARKET MAKER | May 6, 2025
MAGMA SILVER ANNOUNCES NAME AND SYMBOL CHANGE, CLOSING OF PRIVATE PLACEMENT AND REACTIVATION FROM NEX TO TSXV TIER II | April 15, 2025
Presentation
Website
Management
Contacts
Stephen Barley, Executive Chairman
Jason Baker, Chief Financial Officer
Phone: +1-604-252-2672
Email: info@magmasilver.com
Website: www.magmasilver.com
Disclaimer
This profile may contain forward-looking information within the meaning of applicable securities laws. All information and statements other than statements of current or historical facts contained in this news release are forward-looking information. Forward-looking statements are subject to various risks and uncertainties concerning the specific factors disclosed here and elsewhere in the Companyโs periodic filings with Canadian securities regulators. When used in this news release, words such as โwillโ, โcouldโ, โplanโ, โestimateโ, โexpectโ, โintendโ, โmayโ, โpotentialโ, โshould,โ and similar expressions, are forward- looking statements. The information provided in this document is necessarily summarized and may not contain all available material information. Forward-looking statements include those in relation to the expected use of proceeds from the Second Tranche and the Companyโs expectations regarding the potential for economic mineralization on the Niรฑobamba project. Although the Company believes the expectations reflected in such forward-looking statements are based on reasonable assumptions, it canโt make any assurances that its expectations will be achieved. Such assumptions may prove incorrect. Although the Company has attempted to identify important factors that could cause actual results, performance, or achievements to differ materially from those contained in the forward- looking statements, there can be other factors that cause results, performance, or achievements not to be as anticipated, estimated, or intended. There can be no assurance that such information will prove to be accurate or that managementโs expectations or estimates of future developments, circumstances, or results will materialize. As a result of these risks and uncertainties, no assurance can be given that any events anticipated by the forward-looking information in this news release will transpire or occur, or, if any of them do so, what benefits that the Company will derive therefrom. Accordingly, readers should not place undue reliance on forward-looking statements. The forward-looking statements in this news release are made as of the date of this news release, and the Company disclaims any intention or obligation to update or revise such information, except as required by applicable law.
Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
