Magma Silver Corp. is advancing its Niñobamba district-scale silver-gold mining project in Peru. The project is a high-sulfidation epithermal deposit with over CAD 14.5 million invested in historical exploration. The 2026 plan includes a 20-platform drilling program aimed at converting historical exploration results into a modern resource estimate compliant with NI 43-101 standards, covering an 8-kilometer-long mineralized zone.

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