Magma Silver Commences Q3 Work Program and Announces Near-Term Catalysts
MAGMA SILVER COMMENCES Q3 WORK PROGRAM AND ANNOUNCES NEAR-TERM
CATALYSTS
Highlights:
• Work program underway to define drill targets
• Drilling planned for Q4 2025
• Upcoming catalysts for 2025 include reviewing potential acquisitions to broaden the
silver and gold asset portfolio
Vancouver, British Columbia - (August 25, 2025) – Magma Silver Corp. (TSXV: MGMA; OTCQB:
MAGMF; FSE: BC21; WKN: A411DV )(“Magma”, or the “ Company”) announces the
commencement of the work program designed to evaluate and define targets for the planned
Q4 drill program at the advanced Niñobamba silver -gold project in Peru. The drill program will
follow up on previous work to optimize drilling directions and to identify new drill site locations.
Stephen Barley, Chairman & CEO, stated, “We are excited to advise that our exploration team is
now on site at the advanced Niñobamba silver -gold project. The program will focus on the
Jorimina and Randypata areas. The work being carried out will assist in refining drill targets for
our planned Q4 drill program and expand our overall technical knowledge of the style and extent
of the mineralized zones. The work program will be led by Senior Geologist, Edgar Leon (see news
release dated July 16, 2025) and supervised by Jeffrey Reeder, P. Geo., Senior Technical Advisor.”
Near-Term Catalysts
• The pre-drilling work program will be completed by the end of Q3 2025, with results from rock
samples expected in the same period.
• Drilling at Jorimina is anticipated to commence in Q4 2025, with results expected before the
end of the year.
• Magma is reviewing potential acquisitions to broaden exposure to silver and gold assets.
Magma Silver Corp.
Suite 750, 1095 West Pender Street, Vancouver, B.C., Canada, V6E 2M6
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Figure 1: shows the locations of the Jorimina and Randypata zones.
Figure 2: Newmont’s Historic Drill Location on the Jorimina Zone.
Magma Silver Corp.
Suite 750, 1095 West Pender Street, Vancouver, B.C., Canada, V6E 2M6
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Qualified Person
Jeffrey Reeder, P.Geo, a qualified person as defined in National Instrument 43 -101 and a Senior
Technical Advisor of the Company, has prepared, supervised the preparation or approved of the
scientific and technical disclosure contained in this news release.
About Magma Silver Corp.
Magma Silver Corp. is a natural resources exploration company with a focus on acquiring,
exploring, developing, and operating precious metal mining projects. Listed on the TSV Venture
Exchange (“MGMA”), OTCQB (“MAGMF”), and Frankfurt Exchange (“BC21”), the Company’s
primary focus is on exploring and developing the advanced Niñobamba silver-gold project in the
mining-friendly country of Peru. Ni ñobamba spans an 8 km mineralized corridor in a prolific
geological belt of a high -sulphidation epithermal system . Extensive exploration by Newmont
Corporation, AngloGold Ashanti Limited, Bear Creek Mining Corporation and others has
demonstrated significant resource potential with over C$14.5 million invested to date . Magma
Silver is advancing its Niñobamba project using modern geological modelling and a strategic
development plan. The property has excellent infrastructure, strong relationships with local
communities and a regional technical team with over 60 years of mining experience in Peru.
For more information, please visit our website at www.magmasilver.com.
Contact Information
Stephen Barley, Chairman & CEO
Phone: +1 (604) 252-2672
Email: [email protected]
Jason Baker, CFO & Director
Phone: +1 (604) 252-2672
Email: [email protected]
Website: www.magmasilver.com
X: @MagmaSilverCorp
Reader Advisory
This news release may contain forward -looking information within the meaning of applicable securities laws. All
information and statements other than statements of current or historical facts contained in this news release are
forward-looking information. Forward-looking statements are subject to various risks and uncertainties concerning
Magma Silver Corp.
Suite 750, 1095 West Pender Street, Vancouver, B.C., Canada, V6E 2M6
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the specific factors disclosed here and elsewhere in Magma Silver Corp.’s periodic filings with Canadian securities
regulators. When used in this news release, words such as "will", "could", "plan", "estimate", "expect", "intend",
"may", "potential", "should," and similar expressions, are forward - looking statements. The information provided
in this document is necessarily summarized and may not contain all available material information. Forward -
looking statements include those in relation to (i) the accuracy of the historical work conducted by Newmont, and
(ii) the expected benefits to the Company from the work program. Although the Company believes the expectations
reflected in such forward-looking statements are based on reasonable assumptions, it can’t make any assurances
that its expectations will be achieved. Such assumptions may prove incorrect. Although the Compan y has
attempted to identify important factors that could cause actual results, performance, or achievements to differ
materially from those contained in the forward-looking statements, there can be other factors that cause results,
performance, or achievements not to be as anticipated, estimated, or intended. There can be no assurance that
such information will prove to be accurate or that management's expectations or estimates of future
developments, circumstances, or results will materialize. As a result of these risks and uncertainties, no assurance
can be given that any events anticipated by the forward -looking information in this news release will transpire or
occur, or, if any of them do so, what benefits the Company will derive therefrom. Accordingly, readers should not
place undue reliance on forward- looking statements. The forward -looking statements in this news release are
made as of the date of this news release, and the Company disclaims any intention or obligation to update or revise
such information, except as required by applicable law.
Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX
Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.