Magna Gold Corp V.MGR.H

Metals & Mining Industrial Metals & Minerals

Magna Gold Corp. is a Canada-based gold and silver production company. It is engaged in acquiring, exploring, developing and operating precious metal properties in Mexico. It is advancing its 100% owned flagship San Francisco Mine, its Margarita Silver Project and other highly prospective mineral properties located in Sonora and in Chihuahua. The San Francisco mine is situated in the north central portion of the state of Sonora, Mexico, approximately 150 kilometers (km) north of the state capital city of Hermosillo. The project covers approximately 47,395 hectares (ha). San Judas is an early-stage exploration property, located 240 km to the northwest of the state’s capital city of Hermosillo and runs along Federal Highway 16, covering a total aggregate area of 2,806 ha. The Mercedes Property consists of two contiguous claims covering an aggregate area of approximately 345 ha located approximately 250 km east-southeast along Federal Highway 16 from the state capital, Hermosillo.

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Magna Gold Corp

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Comment by Stockdog12on Aug 31, 2009 10:23pm

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Post# 16266045

RE: chineese did a lot of dd

CNME have invested $800,000.00 into MGR, This is peanuts in the mining industry there has got to be more coming much more,to advance Wim and Hudvam they are going to need a whole lot more than that . Although I like the idea of MGR not depending entirely on HBM. Funny thing MGR did a reverse split 6 for 1 , they are ever increasing thier no.of shares, watch for another split when it aproaches 100,000 again, they are not that far off..

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