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Magellan Engages Senior Mining Consultant for Evaluation and Design of El Dorado Gold-Silver Mine

Magellan Engages Senior Mining Consultant for Evaluation and Design of El Dorado Gold-Silver Mine.

articleMagellan Copper And Gold Corp.March 4, 20195/company/magellan-gold-corp/news/magellan-engages-senior-mining-consultant-for-evaluation-and-design-of-el-dorado-gold-silver-mine
Magellan Engages Senior Mining Consultant for Evaluation and Design of El Dorado Gold-Silver Mine

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[{"type":"text","content":"\n\n\n\nMagellan Engages Senior Mining Consultant for Evaluation and Design of El Dorado Gold-Silver Mine\n\n/* Style Definitions */\nspan.prnews_span\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\na.prnews_a\n{\ncolor:blue;\n}\nli.prnews_li\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\np.prnews_p\n{\nfont-size:0.62em;\nfont-family:\"Arial\";\ncolor:black;\nmargin:0in;\n}\n\n\n\n\n\n\nMagellan Engages Senior Mining Consultant for Evaluation and Design of El Dorado Gold-Silver Mine\nPR Newswire\nRENO, Nevada, March 4, 2019\n\n\n\n RENO, Nevada, March 4, 2019 /PRNewswire/ --  Magellan Gold Corporation (OTCQB:  MAGE) (\"Magellan\" or \"the Company\") is pleased to announce that it has engaged the sevices of senior mining consultant David E.Drips to provide guidance in the evaluation, design  and development of the Company's El Dorado Gold-Silver mining project, Nayarit State, Mexico. Magellan has continued to advance El Dorado, which lies 50 kilometers south of the Company's SDA Mill. The Company plans to process the ore at the SDA Mill once the new mine is developed.\nMagellan's CEO, Pierce Carson commented, \"We are pleased to be able to engage David, who is a highly respected engineer with over 45 years of experience in mine operations and management. Of particular relevance, his background includes many years in design, construction and operation of underground mines in Mexico. Initially, his work on El Dorado will focus on mine design, project economics and formulation of a detailed development schedule and budget.\"\nAbout Magellan Gold Corporation\nMagellan Gold Corporation (OTCQB: MAGE) is a US public enterprise focused on the exploration and development of precious metals. In November 2017 Magellan completed the purchase of  the SDA Mill in the State of Nayarit, Mexico, and in August 2018 announced acquisition of the nearby El Dorado Gold-Silver Project. Magellan also owns an advanced silver exploration project located in Arizona.\nThe SDA Mill is a fully operational flotation plant that also includes a precious metals leach circuit and associated assets, licenses and agreements. The mill has a ten-year operating history, processing ore at a rate of 100 tons per day. Historically its operation has been based on sales of flotation concentrates to smelters, and ...

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