Magma Silver - Advancing the Niñobamba Silver-Gold Project in Peru
In this episode, Steve Barley introduces Magma Silver (TSX.V:MGMA - OTCQB:MAGMF - FSE:BC21) and its flagship Niñobamba Silver-Gold Project in Peru. Steve discusses the project’s extensive history, recent exploration, and next steps toward resource definition. Key Discussion Points: Project Background: First time the entire Niñobamba land package has been consolidated under one company; over 65 historic drill holes and US$10M in prior exploration by major miners. Strong Discovery Potential: Magma’s work has exceeded past results, including 10m @ 2 g/t gold and 5m @ 4 oz/t silver, confirming high-grade continuity. Drill Program Funded & Permitted: Drill permits secured at the Jorimina zone; a $5M financing (led by Research Capital) - including investment from Eric Sprott - supports a Q1 2026 drill campaign. Community & Surface Work: Negotiating community access agreements for the Niñobamba Main area to allow trenching, sampling, and future drilling. Experienced Team: Leadership includes Steve Barley (CEO), Jeff Reeder (Technical Advisor) with 30+ years in Peru, and a seasoned local geological team. Tight Share Structure: ~37M shares outstanding. Please email us with any follow up questions for Steve - [email protected] and [email protected] Click here to visit the Magma Silver website to learn more about the company ------------ For more market commentary & interview summaries, subscribe to our Substacks: The KE Report: https://kereport.substack.com/ Shad’s resource market commentary: https://excelsiorprosperity.substack.com/ Investment disclaimer: This content is for informational and educational purposes only and does not constitute investment advice, an offer, or a solicitation to buy or sell any security. Investing in equities and commodities involves risk, including the possible loss of principal. Do your own research and consult a licensed financial advisor before making any investment decisions. Guests and hosts may own shares in companies mentioned.
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