Welcome to our dedicated page for Magellan Copper and Gold news (Ticker: MAGE), a resource for investors and traders seeking the latest updates and insights on Magellan Copper and Gold stock.
Magellan Copper and Gold Corp. (MAGE) generates news primarily through its exploration and development activities in precious metals and copper across the Western United States. Company updates describe work programs, joint venture agreements, property acquisitions and corporate developments that shape the outlook for its gold and copper projects.
Readers of this news feed can follow Magellan’s progress at key properties such as the Center Star Gold Mine in Idaho, where the company has reported reopening mine portals, rehabilitating underground workings and conducting sampling programs. News items also cover participatory and joint venture agreements on historic gold mines, including the Atlantic Cable Gold Mine in Montana and the Kris Project in California, which target high-grade underground resources in established mining districts.
For copper, Magellan’s announcements detail the purchase of copper-focused properties from Gold Express Mines, including the Copper Cliff and Blue Jacket projects in Idaho and the Copper Butte Project in Arizona. These releases often summarize historic production records, geological settings and planned exploration activities such as geophysics, soil sampling and drilling.
In addition to project-level updates, the news stream includes corporate and financial developments, such as note restructurings, changes to the board of directors and the involvement of experienced mining executives. Together, these articles provide context on how Magellan is assembling and advancing its portfolio of early to mid-stage exploration targets and near-term production plays. Investors and observers can use this page to review historical announcements and monitor how the company’s property base and strategy evolve over time.
Magellan Copper and Gold Corp (OTCID:MAGE) entered a letter of intent to acquire the Ophir Creek placer gold mine near Ophir, Alaska, seeking 100% ownership upon closing. The project includes 9 state mining claims (~620 acres), is permitted under APMA #3091, and could begin seasonal mining in 2026.
Magellan completed a site visit and sampling in July 2025 and notes an intrusive-related hard-rock gold target that may be added to exploration plans.
Magellan Copper and Gold Corp. (OTC PINK:MAGE) has entered into a joint venture agreement with Gold Express Mines regarding the historic Atlantic Cable Gold Mine in Montana. The agreement requires Magellan to invest $400,000 in development expenditures over 24 months to earn a 45% participatory interest in the project.
The Cable Mine property encompasses 480 acres of patented ground and 500 acres of unpatented mining claims. A historic resource block, initially explored in the 1900s, was estimated to contain 207,000 tons grading 1.5-4% copper and 0.11-0.14 ounces gold per ton. Recent core drilling showed multiple 5-foot intervals grading between 0.23-3.44 ounces gold per ton.
The companies plan year-round operations pending permit approvals and successful commercial arrangements for ore treatment. Mining will utilize conventional cut-and-fill methods or back-stoping, with processing planned at a permitted facility in Philipsburg.
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Magellan Gold Corporation (OTCQB:MAGE) announced a Joint Venture Agreement with Gold Express Mines on the Kris Project in Plumas County, California. This high-grade underground project encompasses 79 mining claims over 1,580 acres in a historically productive gold belt. It aims to explore a mineralized zone measuring 1,500 feet long and 30 feet wide, with potential for extensive ore-grade mineral deposits. The project is aligned with Magellan's strategy to develop near-term production opportunities. Company CEO Mike Lavigne emphasized the project's significant potential for shareholders.
Magellan Gold Corporation (OTC PINK:MAGE) announced the acquisition of five mining properties in Idaho from Gold Express Mines. The new properties, located across various counties, are at different stages of exploration and development. This strategic move is backed by experienced mining executives Mr. Howard Crosby and Mr. John Ryan, who join Magellan's board and advisory roles, respectively. Their history in founding several successful mining companies is expected to bolster Magellan's operations and exploration efforts. The CEO, Mike Lavigne, expressed optimism about the potential of these properties and the expertise of the new team members.
Magellan Gold Corporation (OTCQB: MAGE) has initiated work to reopen the upper portal of its Center Star Gold Mine in Idaho, aiming to access two previously unknown veins noted in a 1982 report. The veins show impressive assay results of 1.09 oz/ton and 2.75 oz/ton. The reopening will enhance exploration capabilities and provide a secondary escape route within the mine. Since acquiring the project in July 2020, Magellan has expanded its claims to 620 acres. The company is focused on precious metals exploration and aims to increase production and shareholder value.
Magellan Gold Corporation (OTCQB: MAGE) has made significant progress in the exploration and development of its Center Star Gold Mine project in Idaho. Following the issuance of a key permit by the U.S. Forest Service, the company has reopened mine portals and initiated road rehabilitation. Geologists are now conducting further exploration, including sampling and verification of historical data. The Center Star Mine has promising geological reports indicating high-grade gold mineralization, with estimates of approximately 30,000 tons of ore at grades between 0.46oz/ton and 2.75oz/ton from past studies.
Magellan Gold Corporation (OTCQB: MAGE) announced the retention of RedChip Companies, Inc. to enhance its investor relations. President Mike Lavigne emphasized the importance of effective communication with investors as the company enters a 'significant phase' in its lifecycle. Founded in 1992, RedChip specializes in promoting microcap and small-cap stocks and boasts a solid track record in helping companies increase visibility and achieve capital market goals. Magellan is focused on precious metals exploration and aims to expand its resource base, notably with its Center Star Gold Mine project in Idaho.