Magna Gold Corp. Stock Analysis MGR.H.V

Magna Gold is a mineral exploration company focused on acquiring, exploring, and developing quality properties in Mexico with the potential for the discovery of significant gold-silver deposits. The company is headquartered in Toronto, Ontario and currently employs 270 full-time employees. The company is engaged in acquiring, exploring, developing and operating precious metal properties in Mexico. The company 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.