PR Newswire RENO, Nevada, July 5, 2016, MAGE, RENO, Nevada, July 5, 2016 /PRNewswire/ — Magellan Gold Corporation (OTCQB: MAGE) (“Magellan” or “the Company”) today announced it had signed a non-binding Letter of Intent (“LOI”) with Rio Silver Inc. (“Rio Silver”) (TSX.V: RYO) pursuant to which Magellan is granted the option to earn an undivided 50% interest in the Niñobamba Silver-Gold Property (“Niñobamba”), located 330 kilometers southeast of Lima in the Department of Ayacucho, Peru. The parties intend to replaceRead more
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