---
schema_version: "secwatch.filing_event.v1"
accession: "0001683168-26-000744"
form_type: "8-K"
ticker: "MAGE"
cik: "0001515317"
company_name: "MAGELLAN COPPER & GOLD Corp"
filed_at: "2026-02-04T23:59:59+00:00"
generated_at: "2026-05-16T04:53:32.648103+00:00"
event_type: "m_and_a"
sentiment: "positive"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

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

## Summary
- 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.

## SEC filing metadata
- accession: 0001683168-26-000744
- form_type: 8-K
- ticker: MAGE
- cik: 0001515317
- company_name: MAGELLAN COPPER & GOLD Corp
- filed_at: 2026-02-04T23:59:59+00:00
- event_type: m_and_a
- sentiment: positive
- materiality_score: 0.7
- calibrated_materiality_score: 0.7
- confidence: high
- sec_items: 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1515317/000168316826000744/0001683168-26-000744-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1515317/000168316826000744/magellan_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001683168-26-000744
- JSON: https://secwatch.observer/filing/0001683168-26-000744.json
- Plain text: https://secwatch.observer/filing/0001683168-26-000744.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.