Tuesday, 02 January 2024 12:17 GMT

Magma Silver Announces Incentive Stock Options Grant


(MENAFN- Newsfile Corp) Vancouver, British Columbia--(Newsfile Corp. - October 10, 2025) - Magma Silver Corp. (TSXV: MGMA) (OTCQB: MAGMF) (FSE: BC21) (WKN: A411DV) (the " Company " or " Magma ") announces the grant of 1,850,000 incentive stock options (the " Stock Options ") to certain of its directors, officers, consultants, and employees pursuant to the Company's Stock Option Plan. The options are exercisable for a period of five years at CAD$0.20 per share.

About Magma Silver Corp.

Magma Silver Corp. is a natural resources exploration company focused on acquiring, exploring, developing, and operating precious metal mining projects. Listed on the TSV Venture Exchange ("MGMA"), OTCQB ("MAGMF"), and Frankfurt Exchange ("BC21"), the Company's primary focus is on exploring and developing the advanced Niñobamba silver-gold project in the mining-friendly country of Peru. Niñobamba spans an 8 km mineralized corridor in a prolific geological belt of both a high-sulphidation and low-sulfidation epithermal system . Extensive exploration by Newmont Corporation, AngloGold Ashanti Limited, Bear Creek Mining Corporation and Rio Silver, has demonstrated significant resource potential with over CAD$14.5 million invested to date. Magma Silver is advancing its Niñobamba project using modern geological modelling and a strategic development plan. The property has excellent infrastructure, strong relationships with local communities and a regional technical team with over 50 years of mining experience in Peru.

For more information, please visit our website at .

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