Magma Silver Q3 Drilling Preparation Work Program

Core Viewpoint - Magma Silver Corp. has initiated a summer work program at the Niñobamba silver-gold project in Peru to refine drill targets for a planned Q4 drill program, following previous exploration efforts [1][2]. Group 1: Project Overview - The work program focuses on the Jorimina and Randypata deposits, with a community access agreement in place for exploration activities [2]. - Historical drilling by Newmont Corporation included 3,536 rock samples, 2,988 channel samples, and 4,377 meters of drilling at Jorimina, yielding gold grades of 1.19 g/t over 72.3 meters and 1.07 g/t over 24.6 meters [3]. - The program aims to identify overlooked mineralized zones, particularly a 2 km long silver anomaly at Randypata that has not been drilled [3]. Group 2: Management and Technical Team - The work program will be led by Senior Geologist Edgar Leon and supervised by Jeffrey Reeder, P.Geo., a Senior Technical Advisor [3]. Group 3: Upcoming Events - Management will participate in several upcoming marketing events, including the Precious Metals Summit in September 2025 and the Swiss Mining Institute Conference in November 2025, where updates on the Q4 drill program will be provided [9]. Group 4: Company Background - Magma Silver Corp. is focused on exploring and developing the Niñobamba silver-gold project, which spans an 8 km mineralized corridor in a high-sulphidation epithermal system [11]. - The company has invested over C$14.5 million in the project to date, leveraging modern geological modeling and a strategic development plan [11].