Arturo Bonillas, President and CEO of Magna Gold, said: “The return to production at the San Francisco mine has been rewarding and challenging. Given market situations and limited resources, the team achieved a lot and thanks to our costs. Conservative strategies and choice, we seek to create a higher price for all our stakeholders in the future. “
Monetary statements and Management Discussion and Analysis for the 3 and 6 months ended June 30, 2022 and 2021 are available on SEDAR (www. sedar. com) and on the Company’s online page (www. magnagoldcorp. com).
About Magna Gold Corp.
Magna is a gold and silver production company focused on Mexico, dedicated to the acquisition, exploration, progression and exploitation of valuable quality steel houses in Mexico. other highly promising mining houses in Sonora and Chihuahua. La company’s greatest strength is the team of highly experienced mining professionals who have a proven track record in building houses in Mexico, from discovery to production. Magna employs members of the network and in its operations.
ON BEHALF OF THE BOARD OF DIRECTORS
Arturo Bonillas
President and CEO
Neither TSX Venture Exchange nor its Regulatory Service Provider (as that term is in TSX Venture Exchange’s policies) accepts responsibility for the adequacy or accuracy of this release.
Warnings
This press release contains certain “forward-looking statements” that are not past facts. Forward-looking statements come with estimates and statements that describe the company’s long-term plans, objectives or goals, and add words indicating that the company or control expects a stated condition or result to occur. Forward-looking statements can be made known by words such as “believes”, “anticipates”, “expects”, “estimates”, “may”, “may just”, “will”, “will” or “plans”. Because forward-looking statements are based on assumptions and address long-term events and conditions, by their very nature, they involve inherent risks and uncertainties. While those statements are based on data recently available to the Company, the Company makes no representation that the actual effects will meet the control’s expectations. Risks, uncertainties and other matters related to forward-looking data may cause actual events, effects, performance, customers and opportunities to differ materially from those expressed or implied by such forward-looking data. Forward-looking data contained in this news release includes, but is not limited to, the Company’s long-term objectives, goals or plans, exploration effects, exploration and mine progression plans, production (aggregating forecasts and production forecasts of gold), processing and operations. expectations (adding statements related to asset expansion and advancement) and ratio trends and dismemberment expectations. Factors that may cause actual effects to differ materially from such prospective data include, but are not limited to, failure to identify mineral resources, failure to convert estimated mineral resources to reserves, failure to complete a feasibility examination recommending a production decision, the initial nature of metallurgical control effects, discharge delays or failure to discharge governmental, environmental or other approvals required for assignments, political dangers, uncertainties related to the availability and prices of necessary long-term financing, adjustments in inventory markets, inflation, adjustments in exchange rates, fluctuations in the prices of raw materials, delays in the progression of the allocation, with prices of capital, operations and recovery that vary particularly from the estimates. seasons and other hazards related to the mining exploration and progression industry, hazards related to the effects of COVID-19 on the Company; and hazards set forth in the Company’s public filings on SEDAR. Although the Company believes that the assumptions and assumptions used in preparing the forward-looking data contained in this news release are reasonable, such data should not be unduly relied upon, which speaks only as of the date of this news release, and does not such events can be guaranteed to occur within the disclosed timeframes or not at all. The Company disclaims any legal purpose or responsibility to update or revise forward-looking data, whether as a result of new data, long-term events, or otherwise as required by law.
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SOURCE Magna Gold Corp.
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