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Magellan Gold Receives U.S. Forest Service Permit to Reopen Portals at Center Star Gold Mine in Idaho
Magellan Gold Receives U.S. Forest Service Permit to Reopen Portals at Center Star Gold Mine in Idaho.
About this update from Magellan Copper And Gold Corp.
[{"type":"text","content":"\n Wallace, ID, Aug. 11, 2020 (GLOBE NEWSWIRE) -- via NEWMEDIAWIRE -- Magellan Gold Corporation (OTCQB: MAGE) (“Magellan” or the “Company”), a precious metals exploration and development company, today announced that the Company has received a permit from the U.S. Forest Service to reopen the portals to the Center Star Gold Mine in Idaho. The issuance of the permit will allow Magellan to rehabilitate the roads leading to the Center Star Gold Mine and reopen the mine’s main portal and emergency access portal.  The Company will post bond after it receives information from the U.S. Forest Service on the required amount.  “This is a significant milestone in our plans to advance the Center Star Gold Mine project and to reopen its portals,” said Mike Lavigne, President of Magellan. “Gaining access to the underground workings of Center Star will drive our strategic direction on the project’s future development.  We look forward to a continued working relationship with the U.S. Forest Service on Center Star.” The Center Star Gold Mine, located near the Elk City mining district of Idaho, hosts high-grade gold mineralization that was discovered in the early 1900s, with periodic historic production and development work done under different ownership through the 1980s.  It has not had any exploration or development work conducted in the last 35 years.  On July 1, 2020, Magellan acquired additional unpatented mining claims to the Center Star Gold Mine, adding 320 acres of land to increase its holding to 620 acres of claims along the Center Star gold trend.  About Magellan Gold Corporation Magellan Gold Corporation (OTCQB: MAGE) is focused on the exploration and development of precious metals in North America. Magellan’s flagship project is The Center Star Gold Mine in Idaho. We are additionally working to build a collection of operating gold mines in the Western United States. Our goal going forward will be to resume production and expand our resource base to achieve greater market recognition for the benefit of our shareholders.  To learn more about Magellan Gold Corporation, visit www.magellangoldcorp.com. Cautionary Statement The United States Securities and Exchange Commission permits mining companies, in their filings with the ...