Magellan signs LOI to acquire Ophir Creek Placer Gold Mine in Alaska

MAGELLAN COPPER & GOLD Corp

LOI with Village Gold, Inc. to acquire 100% of Ophir Creek Placer Gold Mine near Ophir, AK.
Project comprises 9 Alaska State Mining Claims (~620 acres), fully permitted under APMA #3091.
Mining can commence in 2026; Magellan expects near-term gold production.
Systematic sampling conducted in July 2025; hard rock gold target also identified.
Management sees cash flow from Ophir funding other projects in portfolio.

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