TSXV: MGMA | OTCQB: MAGMF | FSE: BC21 | WKN: A411DV
Recorded on January 20, 2026.
Magma Silver Corp is a Canadian precious metals exploration company advancing the Niñobamba silver gold project in Peru. Niñobamba spans an 8 km mineralized corridor in a prolific geological belt, with extensive historic work and modern targeting underway. In this interview, Chairman and CEO J. Stephen Barley breaks down why the project economics matter, what the company says is coming next, and the catalysts they are aiming to deliver in 2026.
Key topics in this conversation
Low cost leverage to silver prices and how the math works
Niñobamba project scale and historic work completed on the district
Share structure, notable investors, and what the company is watching
Cash position and near term catalysts
Permits and timing for upcoming drilling
Company links
Website: https://magmasilver.com
X: https://x.com/magmasilvercorp
LinkedIn: https://www.linkedin.com/company/magma-silver/
Instagram: https://www.instagram.com/magmasilver
YouTube: https://www.youtube.com/@magmasilver
Host Andy Millette | Natural Resource Stocks
Website: https://www.NaturalResourceStocks.net
YouTube Main: https://www.youtube.com/@NaturalResourceStocks
YouTube Clips: https://www.youtube.com/@NaturalResoureStocksClips
X: https://x.com/theandymillette
LinkedIn: https://www.linkedin.com/in/andymillette/
Chapters
00:00 Intro
01:05 Metals tape and why silver matters
02:05 Niñobamba near surface setup
02:50 The 2 ounces per ton math
04:10 Peru and high sulfidation context
06:10 Project history and Newmont work
08:50 Share structure and investor interest
10:10 Cash runway and 2026 plan
11:04 Permits and drilling timeline
12:50 Where to learn more
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