MAGELLAN GOLD CORPORATION (OTCMKTS:MAGE) Files An 8-K Regulation FD Disclosure

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MAGELLAN GOLD CORPORATION (OTCMKTS:MAGE) Files An 8-K Regulation FD Disclosure

MAGELLAN GOLD CORPORATION (OTCMKTS:MAGE) Files An 8-K Regulation FD Disclosure
Item 7.01.

Regulation FD Disclosure

On February 22, 2019, Magellan Gold Corporation (the “Company”) issued a press release announcing that it completed a bulk test of mineralized material supplied and delivered by a private third-party to the Company’s SDA Mill at Acaponeta, Nayarit State, Mexico. As announced December 17, 2018, the purpose of the test was to determine the viability of entering into a long-term processing agreement. Test processing of an initial bulk sample of approximately 600 tons was carried out. Magellan also has continued to advance its El Dorado Gold-Silver Project, which lies 50 kilometers south of the SDA Mill. The Company plans to truck ore from El Dorado to the mill for processing. Quotes have been obtained for contract mining and applications for environmental and blasting permits are in progress. Placing El Dorado into production is a key step in Magellan’s strategy of initiating and then increasing production through the SDA Mill. A copy of the press release is filed herewith as Exhibit 99.1.

On March 4, 2019, the Company issued a press release announcing that it has engaged the services 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. A copy of the press release is filed herewith as Exhibit 99.2.

The information in this Current Report on Form 8-K furnished to Item 7.01, including Exhibit 99.1, shall not be deemed to be “filed” for the purposes of Section 18 of the Securities Exchange Act of 1934, as amended (the “Exchange Act”), or otherwise subject to liability under that section, and they shall not be deemed incorporated by reference in any filing under the Securities Act of 1933, as amended, or the Exchange Act, except as shall be expressly set forth by specific reference in such filing. By filing this Current Report on Form 8-K and furnishing this information to Item 7.01, The Company makes no admission as to the materiality of any information in this Current Report on Form 8-K, including Exhibit 99.1, that is required to be disclosed solely by Regulation FD.

ITEM 9.01 FINANCIAL STATEMENTS AND EXHIBITS

MAGELLAN GOLD Corp Exhibit
EX-99.1 2 magellan_ex9901.htm PRESS RELEASE Exhibit 99.1   Magellan Completes Bulk Test at SDA Mill for Toll Milling Contract Provides Update on El Dorado Gold-Silver Project   FOR IMMEDIATE RELEASE February 22,…
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