Magna Gold Announces Completion of Debt Settlement with PEAL de Mexico S.A. de C.V.

Magna Gold Corp. announces that, further to its news release dated March 18, 2022, the Company has issued an aggregate of 1,660,132 common shares in the capital of the Company at a deemed price of $0.76 per Common Share to PEAL de Mexico S.A. de C.V. in settlement of outstanding debt in the aggregate amount of US$1,000,000.

México Nacionaliza su Litio y Crea la Estatal AMLITIO

El Estado será el único autorizado para explotar litio en México. La ley fue aprobada en tiempo récord tras dos días de ser enviada por el presidente Andrés Manuel López Obrador y proyecta la creación de una empresa nacional: Asociación Mexicana Litio (AMLITIO).

Oroco Continues Its Drilling Success

“Management is very pleased to see the targeted mineralization intersected at the anticipated depths in the North Zone, with significant intervals existing in all holes. Drilling results have established wide, near-surface intersections of good grade Cu-Mo-Au mineralization, confirming the primary target of this drill program.”

Ley Minera Pasa en Fast Track Reforma para Litio

La votación en lo general y lo particular de lo no reservado fue de 298 a favor, cero en contra y 197 abstenciones, de todo el bloque opositor, mientras que con la única reserva aceptada, de Morena, se registraron 275 votos a favor, 24 en contra y 187 abstenciones.

Americas Gold and Silver Provides Q1-2022 Production Results

“The Company had a strong start to the 2022 and we expect that trend to continue as silver production ramps-up at both our Cosalá Operations in Sinaloa and the Galena Complex in Idaho over the rest of the year,” stated Americas President and CEO Darren Blasutti.

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