Silver miners are early in a parabolic move higher as the precious metal pushes toward what analysts describe as a decisive $40 breakout. Industrial demand is creating momentum for the white metal, with fabrication volumes forecast to surpass 700 million ounces for the first time ever in 2025. Market technicians note that silver has cleared key resistance levels while establishing bullish momentum patterns, positioning [...]
Magma Silver Corp. is pleased to announce the commencement of a summer work program designed to evaluate and define targets for the planned Q4 drill program that will follow-up on previous work to identify new drill site locations at the advanced Niñobamba silver-gold project in Peru. Stephen Barley, Chairman & CEO, stated, "We are excited to start a work program at the advanced Niñobamba silver-gold project focused on [...]
Magma Silver Corp. is pleased to announce that all required payments under the community access agreement respecting the Jorimina and Randypata projects have been made, maintaining Magma's access rights for exploration on these two mineralized zones. Newmont Mining Corp. previously carried out CAD$10 million worth of exploration on the Jorimina and Randypata zones, identifying several extensive surface gold and silver [...]
USA News Group News Commentary - Within the last week, silver crossed the $39 barrier, hitting its highest level since 2011. Now analysts are predicting what could be the summer of silver, for both bullion and mining stocks, as witnessed by recent ETF trends. Despite a more recent pullback, silver's price remains higher than it's been in recent memory, in what some analysts are calling a generational technical breakout [...]
Magma Silver Corp. is pleased to announce additions to the Peru operations team and incorporation of a Peruvian subsidiary. The establishment of these additions to Magma's technical and operations team aims to bring considerable expertise, continuing to build and enhance community relations, as well as success with our upcoming drill program, targeted for Q3 2025 at Jorimina and Randypata . Stephen Barley, CEO & Chairman [...]
Magma Silver Corp. is pleased to announce that it has established an office and an experienced team for effective operations in Peru. Stephen Barley, Magma's Chairman and CEO, met and committed to a full suite of mining professionals during a site visit to Peru during the first week of July with Jeffrey Reeder, Magma's senior Peruvian advisor. The Company will have a Peruvian head office located in Lima. The office is [...]
Magma Silver Corp. is pleased to announce that it has retained the services of Vancouver-based Matrix Agency Marketing Ltd. , a marketing and consulting services company focused on the junior mining sector. Under the terms of the engagement agreement , the Company will compensate Matrix $7,000 per month, over a 12-month initial term of the Agreement. No stock options of shares of Magma are included in the terms of this [...]
Magma Silver is excited to share a significant update on its flagship Niñobamba silver-gold project. Highlights: Property Payments Made: All payments to the Peruvian agencies have been made and all claims are in good standing until June 2026. Full Project Control Secured: Magma controls all three contiguous zones-Niñobamba, Jormina, and Randypata-within the Project. Drilling Planned for Q4 2025: A diamond drilling [...]
Magma Silver is pleased to announce that its common shares will commence trading on the OTCQB Venture Market in the United States under the symbol "MAGMF" effective Monday June 16, 2025. "Admission to the OTCQB market is in line with Magma's strategy to access international institutional and retail investors," said Stephen Barley, Chairman and CEO of Magma. "This will provide us with a trading platform that can [...]
Magma Silver is pleased to announce it has entered into a marketing agreement with Epstein Research pursuant to which Epstein will provide investor relation services to the Company in consideration for an aggregate of US$15,000 at a rate of US$,2,500 per month. The Company has the right to renew the Agreement for an additional 6 months, subject to the approval of the TSXV. The Agreement is for an initial term of 6 months [...]
Magma Silver is pleased to announce it has entered into a consulting services agreement with Daniel Schaad. Daniel will carry out media awareness campaigns in Europe to increase Magma's recognition in the German and European markets. The agreement is for an initial term of 3 months starting on June 2, 2025. Magma will pay Daniel an aggregate of CAD$12,600. The agreement has been conditionally approved by the TSXV. Daniel [...]
Magma Silveris pleased to announce it has entered into a consulting services agreement with Euroswiss Capital Partners. Euroswiss will be a strategic and financial partner to help the Company increase brand recognition and liquidity in the central European capital markets. Pursuant to the agreement, Euroswiss will assist the Company, on a non-exclusive basis, to develop communication plans aimed at increasing Magma's [...]
