Magna Gold Corp. Provides Mine Performance and Operational Update as at September 30, 2020

Magna Gold Corp. Provides Mine Performance and Operational Update as at September 30, 2020

TORONTO, Nov. 2, 2020 /PRNewswire/ – Magna Gold Corp. (TSXV: MGR) (OTCQB: MGLQF ) (" Magna " or the " Company ") is pleased to provide results of its operating activities at the San Francisco Mine located in Sonora, Mexico (" San Francisco ") for the period between May 7 and September 30, 2020, in addition to an update on its ongoing mine development and optimization efforts.

Magna remains focused on its stated strategy of establishing San Francisco as a stable and profitable operation, while also protecting the Company’s balance sheet as it advances the mine towards production targets outlined in the Pre-Feasibility Study (" PFS ") recently completed and dated August 28, 2020. Since acquiring the mine in May 2020, Magna has been pre-stripping both the San Francisco and La Chicharra open pits. In parallel, the Company has also been processing lower grade stockpile material and, more recently, fresh […]

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