Magma Silver Adds to Peru Operations Team
Magma Silver (OTCQB: MAGMF) has announced significant additions to its Peru operations team and the establishment of a Peruvian subsidiary. The company has engaged Ecosoul Environmental Impact Consultants to manage environmental studies and community relations, and appointed Edgar Leon Choque, a senior geological engineer with over 30 years of experience, as Senior Field Geologist.
The company has also incorporated a new Peruvian subsidiary, Minas Sami Plata S.A.C. ("Lucky Silver Mines" in Quechua), to facilitate local operations. These developments support Magma's upcoming drill program at Jorimina and Randypata, targeted for Q3 2025.
Magma Silver (OTCQB: MAGMF) ha annunciato importanti rinforzi nel suo team operativo in Perù e la creazione di una filiale peruviana. La società ha incaricato Ecosoul Environmental Impact Consultants di gestire gli studi ambientali e i rapporti con la comunità, nominando inoltre Edgar Leon Choque, ingegnere geologo senior con oltre 30 anni di esperienza, come Geologo Senior di Campo.
Inoltre, è stata costituita una nuova filiale peruviana, Minas Sami Plata S.A.C. (che in quechua significa "Miniere d'Argento Fortunate"), per agevolare le operazioni locali. Questi sviluppi supportano il prossimo programma di perforazioni di Magma a Jorimina e Randypata, previsto per il terzo trimestre 2025.
Magma Silver (OTCQB: MAGMF) ha anunciado importantes incorporaciones a su equipo operativo en Perú y la creación de una subsidiaria peruana. La empresa ha contratado a Ecosoul Environmental Impact Consultants para gestionar estudios ambientales y relaciones comunitarias, y ha nombrado a Edgar Leon Choque, ingeniero geólogo senior con más de 30 años de experiencia, como Geólogo Senior de Campo.
Además, se ha constituido una nueva subsidiaria peruana, Minas Sami Plata S.A.C. (que significa "Minas de Plata Afortunadas" en quechua), para facilitar las operaciones locales. Estos avances respaldan el próximo programa de perforación de Magma en Jorimina y Randypata, previsto para el tercer trimestre de 2025.
Magma Silver (OTCQB: MAGMF)는 페루 운영팀에 중요한 인력을 추가하고 페루 자회사를 설립했다고 발표했습니다. 회사는 환경 연구와 지역사회 관계 관리를 위해 Ecosoul Environmental Impact Consultants를 고용했으며, 30년 이상의 경력을 가진 수석 지질 엔지니어 Edgar Leon Choque를 수석 현장 지질학자로 임명했습니다.
또한, 현지 운영을 원활하게 하기 위해 새로운 페루 자회사 Minas Sami Plata S.A.C.('케추아어로 '행운의 은광'을 의미')를 설립했습니다. 이러한 발전은 Magma가 2025년 3분기에 예정된 Jorimina와 Randypata에서의 시추 프로그램을 지원합니다.
Magma Silver (OTCQB : MAGMF) a annoncé des renforts importants pour son équipe opérationnelle au Pérou ainsi que la création d'une filiale péruvienne. La société a mandaté Ecosoul Environmental Impact Consultants pour gérer les études environnementales et les relations communautaires, et a nommé Edgar Leon Choque, ingénieur géologue senior avec plus de 30 ans d'expérience, en tant que géologue principal de terrain.
Elle a également créé une nouvelle filiale péruvienne, Minas Sami Plata S.A.C. (« Mines d'argent chanceuses » en quechua), afin de faciliter les opérations locales. Ces développements soutiennent le prochain programme de forage de Magma à Jorimina et Randypata, prévu pour le troisième trimestre 2025.
Magma Silver (OTCQB: MAGMF) hat bedeutende Verstärkungen für sein Team in Peru sowie die Gründung einer peruanischen Tochtergesellschaft bekannt gegeben. Das Unternehmen hat Ecosoul Environmental Impact Consultants mit der Durchführung von Umweltstudien und der Pflege der Gemeinschaftsbeziehungen beauftragt und Edgar Leon Choque, einen erfahrenen Geologieingenieur mit über 30 Jahren Erfahrung, als Senior-Feldgeologen ernannt.
Zusätzlich wurde eine neue peruanische Tochtergesellschaft, Minas Sami Plata S.A.C. („Glückliche Silberminen“ auf Quechua), gegründet, um die lokalen Operationen zu erleichtern. Diese Entwicklungen unterstützen Magmas bevorstehendes Bohrprogramm in Jorimina und Randypata, das für das dritte Quartal 2025 geplant ist.
- Appointment of experienced Senior Field Geologist with 30+ years of mining industry expertise
- Establishment of local Peruvian subsidiary to streamline operations
- Engagement of Ecosoul Environmental Consultants with proven track record in the region
- Successfully secured community access agreement for exploration activities
- Drilling program not yet commenced, still in preparatory phase
- Multiple regulatory and community approvals still pending
Vancouver, British Columbia--(Newsfile Corp. - July 16, 2025) - Magma Silver Corp. (TSXV: MGMA) (OTCQB: MAGMF) (FSE: BC21) (WKN: A411DV) (the "Company" or "Magma") 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 (see June 18, 2025, news release).
Stephen Barley, CEO & Chairman, stated: "Magma has established an experienced operating team in Peru. We have successfully created the team in record time, thanks to the guidance of Jeffrey Reeder, our Senior Technical Advisor, and his extensive experience in mining operations in Peru, spanning over 30 years."
Environmental Studies and Community Relations Manager
Ecosoul Environmental Impact Consultants, based in Ayacucho, south-central Peru, will be utilized by the Company to undertake a full suite of environmental baseline monitoring studies, which include preparation of the necessary submittals required by the General Directorate of Mining Environmental Affairs with the Ministry of Energy and Mines, Peru, in support of the permitting application. Ecosoul's scope also includes professional archeological investigations and community workshops, along with the necessary liaison activities currently underway, by utilizing dedicated personnel with a successful record working in this local region. Ecosoul will monitor and report on milestones achieved through citizen participation in the mining subsector, in collaboration with local ministries and stakeholders, to ensure a successful path toward a resource-defining exploration campaign. Ecosoul guided Rio Silver in successfully entering into a community access agreement with Comunidad Campesina De Tunsulla, allowing exploration activities to proceed on the Jorimina and Randypata properties. Ecosoul is also involved with the current drilling permit application for Jorimina.
Senior Field Geologist
The soon-to-be-announced summer exploration program on the Jorimina and Randypata properties will be directed and managed by Edgar Leon Choque, a very experienced Peruvian geologist. Edgar Leon Choque is a Senior Geological Engineer with studies at the National University of San Marcos - Peru. Mr. Choque has over 30 years of experience in the mining industry as a geological engineer, having managed several projects for Canadian companies. He has worked on key projects, including the Rio Blanco Cu-Mo in Northern Peru, the Aguila Cu-Mo project in Northern Peru, the Zafranal Cu project in Southern Peru, and the Lavaras do Sul Project in Southern Brazil.
Magma Peruvian Subsidiary
The Company has established a subsidiary in Peru to facilitate all corporate activities in Peru. The subsidiary is known as "Minas Sami Plata S.A.C.," and the subsidiary setup was guided by our General Manager, Carlos Agreda, and the Dentons law firm, Lima office. The subsidiary name translates as "Lucky Silver Mines" in the Quechua language. Quechua is the primary language in the Ayacucho region, where Magma's project is located.
Figure 1. Stephen Barley, Chairman & CEO (Right), Marco Jacico Huayanay, Principal of Ecosoul and Environmental and Community Relations Advisor (Left), and Edgar Leon Choque, Senior Field Geologist (Middle), together during a recent site visit.
To view an enhanced version of this graphic, please visit:
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About Magma Silver Corp.
Magma Silver Corp. is a natural resources company with a focus on acquiring, exploring, developing, and operating precious metal mining exploration projects. The Company's primary focus is on exploring and developing the advanced Niñobamba silver-gold project in the mining-friendly country of Peru.
For further information, please contact Magma Silver Corp.:
Jason Baker, Chief Financial Officer
Phone: +1-604-252-2672
Email: info@magmasilver.com
Website: www.magmasilver.com
X: @MagmaSilverCorp
Reader Advisory
This news release 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 Magma Silver Corp.'s periodic filings with Canadian securities regulators. When used in this news release, words such as "will", "could", "plan", "estimate", "expect", "intend", "may", "potential", "should," 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 (i) the experience of the Peruvian team and the performance thereof, (ii) the expected benefits to the Company from the agreement with and the scope of services to be provided Ecosoul Environmental Impact Consultants. Although the Company believes the expectations reflected in such forward-looking statements are based on reasonable assumptions, it can't 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 management's 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.
To view the source version of this press release, please visit https://www.newsfilecorp.com/release/258942
FAQ
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