Current Report Filing (8-k)

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UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

 

FORM 8-K

 

CURRENT REPORT

 

Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934

 

Date of Report (Date of earliest event reported): August 24, 2021

 

MAGELLAN GOLD CORPORATION
(Exact Name of Registrant as Specified in its Charter)

 

Nevada	000-54658	27-3566922
(State or other jurisdiction  of incorporation)	Commission File Number	(I.R.S. Employer Identification number)

 

 

602 Cedar St., Ste. 205, Wallace, Idaho 83873

(Address of principal executive offices)                    (Zip Code)

 

Registrant's telephone number, including area code: 707-291-6198

 

______________________________________________________

(Former name or former address, if changed since last report)

 

☐	Written communications pursuant to Rule 425 under the Securities Act
☐	Soliciting material pursuant to Rule 14a-12 under the Exchange Act
☐	Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act
☐	Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act

 

Securities registered pursuant to Section 12(b) of the Act:

 

Title of each Class	Trading Symbol	Name of each exchange on which registered
N/A	N/A	N/A

 

Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).

 

Emerging growth company ☒

 

If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐

 

 

 

 

 

 

 

ITEM 7.01

REGULATION FD DISCLOSURE

 

On August 24, 2021, Magellan Gold Corporation (the “Company”) issued a press release announcing that work has commenced on reopening the upper portal at its flagship Center Star Gold Mine project in Idaho. The upper portal of the Center Star Mine is the point that a new drift was driven in 1981 from the surface to the intermediate level. This was the last significant work at the mine prior to it being shut down during a period of low gold prices. Crosscut work from 1982 discovered two previously unknown veins at the intermediate level, one vein assayed 1.09 oz/ton and the second vein assayed 2.75 oz/ton. In addition to providing access to these veins, the reopening of the upper portal will eventually allow for a secondary escape route from the mine as the Company proceeds with additional exploration and development. A copy of the Press Release is filed herewith as Exhibit 99.1.

 

The information in this Current Report on Form 8-K furnished pursuant to Item 7.01, including Exhibit 99.1, shall not be deemed to be “filed” for the purposes of Section 18 of the Securities Exchange Act of 1934, as amended (the “Exchange Act”), or otherwise subject to liability under that section, and they shall not be deemed incorporated by reference in any filing under the Securities Act of 1933, as amended, or the Exchange Act, except as shall be expressly set forth by specific reference in such filing. By filing this Current Report on Form 8-K and furnishing this information pursuant to Item 7.01, the Company makes no admission as to the materiality of any information in this Current Report on Form 8-K, including Exhibit 99.1, that is required to be disclosed solely by Regulation FD.

 

ITEM 9.01

FINANCIAL STATEMENTS AND EXHIBITS

Item	Title
99.1	Press Release

 

SIGNATURES

 

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned thereunto duly authorized.

 

	Magellan Gold Corporation
Date: August 26, 2021	By: /s/ Michael B. Lavigne President