MGR:TSX.V; MGLQF:OTCQB

Magna Gold Corp.

Magna is a Canadian gold company engaged in operations, development, exploration, and acquisition in Mexico. Its primary asset is the San Francisco Gold Mine in Sonora, Mexico, and exploration stage projects include San Judas, La Pima and Mercedes. The company has recently acquired and restarted production at the San Francisco mine. Magna continues to strengthen the balance sheet, pursue growth opportunities and advance the company’s exploration pipeline. The goal for the company is to grow into a 200,000 ounce per annum gold producer with a 5M oz gold resource over the next three years.

MGR:TSX.V MGLQF:OTCQB

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Expert Comments:

Gold Firm Achieves Milestone with Mexico Mine Prefeasibility Study
(9/21/20)

The report gives Magna Gold a base case operating plan for its San Francisco project, from which it can "drive ongoing optimization, growth and near-term value creation."

Nick Hodge, Early Advantage

(9/21/20)

"Magna Gold Corp. is a Buy here. . .dollar up this morning has given us the direction we were searching for last week. . .gold looks good. If fell hard this morning to $1,910 but is showing resilience right there at the low end of its recent range."

Explorer to Acquire Mexican Silver-Gold Project
(8/12/20)

Magna Gold plans to commence exploration and drilling at the property immediately.

Bob Moriarty, 321 Gold

(6/30/20)

"Magna Gold Corp. plans on restarting the San Francisco mine and getting to stable low cost production; first year production should be about 70 Koz moving to 100 Koz in a year. Management has plans for expansion and picking up new projects with an objective of annual production of 200 Koz gold with a 5 Moz resource by 2023."

Experts Following This Company

	Ralph Aldis, Portfolio Manager, Gold and Natural Resources – U.S. Global Investors
	Adrian Day, Founder – Adrian Day Asset Management
	Gerardo Del Real – Outsider Club
	Bob Moriarty, Author – 321 Gold

The information provided above is from analysts, newsletters and other contributors. Please contact the company and visit its website before making an investment decision.See disclaimer for more details.

Investing Highlights

	Valuation, relative to peers, Magna is trading at a discount based on NPV, cash, gold sales, etc…
	Management’s track record of success and ability to generate value to shareholder. The team has access to projects, capital and the teams that can execute.
	The company is in production, generating free cash flow and has an extensive exploration pipeline

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