(05-11-2025) Magma Silver Corp. (TSX-V: MGMA; OTCQB: MAGMF; FSE: BC21; WKN: A411DV), Vancouver, a precious metals exploration company focused on the Niñobamba high-sulfidation silver-gold project in Ayacucho, announced it has obtained a drilling permit for the Jorimina area.

Jorimina is one of three main gold and silver zones identified at Niñobamba. The others are Main and Randypata.

The permit authorizes Magma to drill 20 platforms, each capable of supporting multidirectional drilling. The company considers the permit sufficient to complete all planned drilling in the Jorimina zone.

Magma has allocated US$1 million (CAN$1.4 million) to the Jorimina exploration and drilling program. This represents a significant increase from the original drilling plan and is expected to allow the company to thoroughly test and confirm previous drilling results obtained by Newmont.