Business
Magellan Gold Acquires Five Idaho Properties from Gold Express Mines
Experienced mining executives join forces with Magellan Gold to further exploration and development of Idaho properties portfolio WALLACE, ID / ACCESSWIRE / Mar
About this update from Magellan Copper And Gold Corp.
[{"type":"text","content":" Experienced mining executives join forces with Magellan Gold to further exploration and development of Idaho properties portfolio WALLACE, ID / ACCESSWIRE / March 30, 2023 / Magellan Gold Corporation (OTC PINK:MAGE) (\"Magellan\" or the \"Company\"), is pleased to announce that the company has teamed with the experienced management team at Gold Express mines and has purchased five new properties located within the State of Idaho. The five properties are in various stages of exploration and development and are located in: Idaho County, Custer County, Shoshone County and Lemhi County. Mr. Howard Crosby will be joining the board of directors of Magellan Gold Corporation and Mr. John Ryan will be joining the Company's Advisory Board. Mr. Crosby and Mr. Ryan have been business partners for twenty-five years with a focus on natural resource companies. The two entrepreneurs have founded, developed, and grown multiple successful companies from start-up phase to public listings, strategic buyouts, and/or asset sales. Notably the two were founders of US Silver Corporation which acquired the Galena Mine in the Coeur d' Alene Mining District from Coeur d' Alene Mines in 2006 and were founders or co-founders and/or held various positions with White Mountain Titanium, Bunker Hill Mining Corp., Cadence Resources Corporation, High Plains Uranium, Western Goldfields, Inc., and Metalline Mining Company among others. The newly acquired properties fit perfectly with the Company's focus to acquire, explore, and develop early to mid-stage exploration targets or near-term production plays. The Company continues to remain focused in the State of Idaho and to leverage current managements many years of experience in the mining industry in the state. In the near future the Company will be speaking more specifically about each of the new property acquisitions, and we look forward to updating our current shareholders and the investing public about these new acquisitions and our Center Star Mine project as well. Mike Lavigne, the CEO of Magellan Gold Corporation stated, \"We are pleased to announce the acquisition of this new group of Idaho based properties\". He added, \"Having Mr. Crosby and Mr. Ryan with their many years of experience and success in the resource sector and specifically in the State of Idaho is an incredible asset for Magellan Gold Corpor...