RENO, Nevada, June 21, 2016 /PRNewswire/ --
Magellan Gold Corporation (OTCQB: MAGE) ("Magellan" or "the Company") today announced the launch of its newly designed and updated website, which can be accessed at http://www.magellangoldcorp.com.
"The new website is meant to reflect Magellan Gold's updated strategic objective of building a mid-tier precious metals exploration and mining company", said Dr. Pierce Carson, CEO. "At the Silver District Project in southwest Arizona, we intend to expand our already substantial resource base containing a historic resource of 16 million ounces of silver. We also plan to acquire additional advanced-stage properties that have tangible promise for development.
"Our website has a new look and has been redesigned to facilitate navigation among the various sections. We will be updating the site on a regular basis to keep stockholders and interested parties apprised of news and corporate developments," added Carson.
About Magellan Gold Corporation
Magellan Gold Corporation (OTCQB: MAGE) is a Nevada corporation engaged in the acquisition and exploration of precious metals mineral properties. The Company holds its properties through its 85% owned subsidiary Gulf & Western Industries, Inc.
The Silver District Property in southwest Arizona consists of 94 unpatented lode mining claims, 6 patented lode claims, an Arizona mining lease of 335 acres and 23 unpatented mill site claims, totaling over 2,000 acres. The property covers the heart of the historic Silver District in La Paz County, approximately 50 miles north of Yuma. Magellan completed the acquisition of the Silver District Property in September 2014.
To learn more about Magellan Gold Corporation, visit http://www.magellangoldcorp.com.
"Resources" as used in this press release does not indicate "reserves" by SEC standards. We cannot be certain that any deposits at our exploration properties will ever be confirmed or converted into SEC Industry Guide 7 compliant "reserves." Investors are cautioned not to assume that all or any part of the disclosed "resource" estimates will ever be confirmed or converted into reserves or that they can be economically or legally extracted.
Forward Looking Statements
This release contains "forward-looking statements." Such statements are based on good faith assumptions that Magellan Gold Corporation believes are reasonable but which are subject to a wide range of uncertainties and business risks that could cause actual results to differ materially from future results expressed, projected or implied by such forward-looking statements. Factors that could cause actual results to differ from those anticipated are discussed in Magellan Gold Corporation's periodic filings with the Securities and Exchange Commission.
Magellan Gold Corporation
Pierce Carson +1-505-463-9223
John Power +1-707-884-3766
SOURCE Magellan Gold Corporation