Magna Gold Corp. (TSX-V: MGR)(OTC: MGLQF) is a mineral exploration company focused on acquiring, exploring and developing quality properties in Mexico with potential for the discovery of significant gold-silver deposits. Magna is led by CEO Arturo Bonillas, previously of Timmins Gold. Arturo and the Magna team are highly experienced mining professionals with a proven track record of developing properties in Mexico from discovery to production, on budget and on time.

The Mercedes Project is an exploration property located within the Sierra Madre Occidental province, a historically productive, regionally extensive Tertiary volcanic field which stretches from the United States/Mexico border to Central Mexico. Previous work at the La Lamosa area, one of the mineralized targets within the mining concessions, reports disseminated gold mineralization hosted within an andesitic and rhyodacitic volcanic complex intruded by a quartz-feldspar porphyry (QFP). Gold and silver are target commodities sought at Mercedes and the property exhibits textures and alteration consistent with high sulphidation epithermal mineralization, typical of important discoveries in the region.

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INDICES

Name Last Change
DOW 26828.60 0.04%
S&P 500 2968.57 0.06%
NASDAQ 8055.00 0.03%
TSX 16415.16 0.05%
TSX-V 540.76 0.00%

Resource Commodities

Name Last Change
Gold 1491.41 0.44%
Silver 17.63 0.91%
Copper 2.63 2.628
Platinum 901.00 0.67%
Oil 54.70 2.10%
Natural Gas 2.21
Uranium 24.88 0.00%