Magellan Gold Corporation (MAGE)

Overview

Magellan Gold Corporation, established in 2010 and based in Wallace, Idaho, operates as an exploration stage company primarily focused on the discovery, exploration, and development of mineral resources in the United States, particularly in Idaho. With its efforts concentrated in the mining sector, Magellan Gold Corporation is dedicated to uncovering and developing precious metal resources, exemplified by its flagship project, the Center Star Gold Mine. The company actively seeks out prospective opportunities in renowned mining districts across the Western United States, aiming to expand its portfolio and enhance its position in the mining industry.

Products and Services

Center Star Gold Mine: The cornerstone of Magellan Gold Corporation's mining endeavors, the Center Star Gold Mine, represents the company's flagship project. This project is composed of 31 unpatented lode claims, encompassing a total area of 620 acres. Ideally situated near Elk City, Idaho, the mine stands as a significant asset wholly owned by the company. The exploration and development activities conducted by Magellan at this site are aimed at tapping into its gold resource potential, positioning the Center Star Gold Mine as a pivotal project in the company's portfolio.

Exploration Services: Beyond the development of the Center Star Gold Mine, Magellan Gold Corporation engages in thorough exploration services across the Western United States. This includes the identification, acquisition, and evaluation of new mineral resource opportunities. Through these services, the company leverages its expertise and knowledge in exploration to uncover potential mining projects, thereby diversifying its investments and fostering growth in its operations within prominent mining districts.