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Magma Silver Commences Q3 Work Program and Announces Near-Term Catalysts
Highlights: Work program underway to define drill targets Drilling planned for Q4 2025 ...
About this update from Magma Silver Corp.
[{"type":"text","content":"Magma Silver Commences Q3 Work Program and Announces Near-Term CatalystsHighlights:Work program underway to define drill targetsDrilling planned for Q4 2025 Upcoming catalysts for 2025 include reviewing potential acquisitions to broaden the silver and gold asset portfolioVancouver, British Columbia--(Newsfile Corp. - August 25, 2025) - Magma Silver Corp. (TSXV: MGMA) (OTCQB: MAGMF) (FSE: BC21) (WKN: A411DV) (\"Magma\", or the \"Company\") announces the commencement of the work program designed to evaluate and define targets for the planned Q4 drill program at the advanced Niñobamba silver-gold project in Peru. The drill program will follow up on previous work to optimize drilling directions and to identify new drill site locations. Stephen Barley, Chairman & CEO, stated, \"We are excited to advise that our exploration team is now on site at the advanced Niñobamba silver-gold project. The program will focus on the Jorimina and Randypata areas. The work being carried out will assist in refining drill targets for our planned Q4 drill program and expand our overall technical knowledge of the style and extent of the mineralized zones. The work program will be led by Senior Geologist, Edgar Leon (see news release dated July 16, 2025) and supervised by Jeffrey Reeder, P. Geo., Senior Technical Advisor.\" Near-Term CatalystsThe pre-drilling work program will be completed by the end of Q3 2025, with results from rock samples expected in the same period.Drilling at Jorimina is anticipated to commence in Q4 2025, with results expected before the end of the year.Magma is reviewing potential acquisitions to broaden exposure to silver and gold assets.Figure 1: shows the locations of the Jorimina and Randypata zones.To view an enhanced version of this graphic, please visit:https://images.newsfilecorp.com/files/3145/263359_e461e199241dab7a_002full.jpgFigure 2: Newmont's Historic Drill Location on the Jorimina Zone.To view an enhanced version of this graphic, please visit:https://images.newsfilecorp.com/files/3145/263359_e461e199241dab7a_003full.jpgQualified PersonJeffrey Reeder, P.Geo, a qualified person as defined in National Instrument 43-101 and a Senior Technical Advisor of the Company, has prepared, supervised the preparation or approved of the scientific and technical disclosure contained in this news release. About Mag...