Magma Silver updates Niñobamba silver-gold project in Peru, seeks community access deals for drilling

Reuters2026/09/02 11:32

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Magma Silver reported progress on its Niñobamba silver-gold project in Ayacucho, Peru, centered on securing surface access agreements with two communities.
Drilling permits are in place for the Jorimina property, with drilling contingent on concluding the community access agreement.
Prior operators invested more than C$ 14.5 million, with 9,700 meters drilled across an 8-kilometer mineralized corridor.
Recent sampling returned up to 17.41 g/t gold, 433.6 g/t silver, supporting a potential underlying copper-lead-zinc porphyry target.
BHP holds nearby ground, with environmental approval for up to 46,000 meters of drilling about 9 kilometers west.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Magma Silver Corp. published the original content used to generate this news brief via Newsfile (Ref. ID: 202609020730NEWSFILECNPR____20260902_312528_1) on September 02, 2026, and is solely responsible for the information contained therein.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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Magma Silver updates Niñobamba silver-gold project in Peru, seeks community access deals for drilling

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