Magellan Copper &Amp; Gold CORP (MAGE) — SEC Filings

Overview

Magellan Copper &Amp; Gold CORP (MAGE) is a publicly traded company tracked on ReadTheFiling. The most recent enriched filing is a 10-K filed on Mar 31, 2026: Magellan Copper & Gold Corp. (MAGE) is an exploration stage company focused on acquiring and exploring mineral projects, primarily in Idaho and California. For the fiscal year ended December 31, 2025, the company reported a market value of $1,038,666 for its non-affiliate common equity, based on 8,9

Sentiment Summary

Across 16 filings, the sentiment breakdown is: 2 bearish, 13 neutral, 1 mixed. The dominant filing sentiment for Magellan Copper &Amp; Gold CORP is neutral.

Filing Type Overview

Magellan Copper &Amp; Gold CORP (MAGE) has filed 3 10-K, 6 10-Q, 6 8-K, 1 SC 13D with the SEC between Jan 2024 to Mar 2026.

Filings by Year

2026 · 2025 · 2024

Recent Filings (16)

• Magellan Shifts Focus to Key Mines, Impairs California Assets — 10-K · Mar 31, 2026 Risk: high
  Magellan Copper & Gold Corp. (MAGE) is an exploration stage company focused on acquiring and exploring mineral projects, primarily in Idaho and California. For
• Magellan Copper & Gold's Losses Widen Amid Derivative Hit, Cash Dwindles — 10-Q · Nov 14, 2025 Risk: high
  Magellan Copper & Gold Corp. (MAGE) reported a net loss of $153,277 for the three months ended September 30, 2025, a significant increase from the $66,602 net l
• Magellan Copper & Gold Corp. Announces Board and Officer Changes — 8-K · Sep 24, 2025 Risk: medium
  Magellan Copper & Gold Corp. announced on September 19, 2025, a series of corporate changes including the departure of directors, election of new directors, and
• Magellan Copper & Gold Files 10-Q for Q2 2025 — 10-Q · Aug 15, 2025 Risk: low
  Magellan Copper & Gold Corp. filed its 10-Q for the period ending June 30, 2025. The company, formerly known as Magellan Gold Corp., is incorporated in Nevada a
• Magellan Copper & Gold Files Q1 2025 10-Q — 10-Q · May 15, 2025 Risk: low
  Magellan Copper & Gold Corp. filed its 10-Q for the period ending March 31, 2025. The filing details financial information for the first quarter of 2025, includ
• Magellan Copper & Gold Files 2024 10-K — 10-K · Mar 31, 2025 Risk: low
  MAGELLAN COPPER & GOLD Corp filed its 2024 10-K on March 31, 2025, reporting on its fiscal year ending December 31, 2024. The company, previously known as MAGEL
• Magellan Copper & Gold Enters Material Definitive Agreement — 8-K · Mar 3, 2025 Risk: medium
  On February 25, 2025, Magellan Copper & Gold Corp. entered into a material definitive agreement. The company, formerly known as Magellan Gold Corp., is incorpor
• Magellan Copper & Gold Files Q3 2024 10-Q — 10-Q · Nov 14, 2024 Risk: low
  Magellan Copper & Gold Inc. filed its 10-Q for the period ending September 30, 2024. The company, formerly known as Magellan Gold Corp, is incorporated in Nevad
• Magellan Copper & Gold Files Q2 2024 10-Q — 10-Q · Oct 15, 2024 Risk: medium
  Magellan Copper & Gold Inc. filed its 10-Q for the period ending June 30, 2024. The company, formerly known as Magellan Gold Corp, is incorporated in Nevada and
• Magellan Gold Changes Name to Magellan Copper & Gold — 8-K · Aug 27, 2024 Risk: low
  Magellan Copper & Gold Inc. filed an 8-K on August 27, 2024, reporting a name change from Magellan Gold Corp. to Magellan Copper & Gold Inc., effective August 1
• Magellan Gold Corp Files Q1 2024 10-Q — 10-Q · Jun 4, 2024 Risk: low
  MAGELLAN GOLD Corp filed its 10-Q for the period ending March 31, 2024. The company, incorporated in Nevada and operating in the metal mining sector, reported f
• Magellan Gold Corp Files 10-K for Fiscal Year Ended December 31, 2023 — 10-K · Apr 18, 2024 Risk: medium
  MAGELLAN GOLD Corp (MAGE) filed a Annual Report (10-K) with the SEC on April 18, 2024. Magellan Gold Corp filed its 10-K report for the fiscal year ending Decem
• Magellan Gold Opts Out of Extended Accounting Transition Period — 8-K · Jan 19, 2024
  Magellan Gold Corporation filed an 8-K on January 19, 2024, reporting an event that occurred on January 16, 2024. This filing indicates that the company is an '
• Gold Express Mines Discloses Significant Stake in Magellan Gold — SC 13D · Jan 16, 2024
  Gold Express Mines, Inc. has filed an initial Schedule 13D, indicating it has acquired a significant stake in Magellan Gold Corporation. The filing, dated Janua
• Magellan Gold Enters Material Definitive Agreement — 8-K · Jan 11, 2024
  Magellan Gold Corporation filed an 8-K on January 11, 2024, reporting an "Entry into a Material Definitive Agreement" on January 7, 2024. This filing indicates
• Magellan Gold Sells 10M Shares to 01 Energy & Transportation for $100K — 8-K · Jan 8, 2024
  Magellan Gold Corporation entered into a material definitive agreement on November 8, 2023, issuing 10,000,000 shares of common stock to 01 Energy & Transportat

Risk Profile

Risk Assessment: Of MAGE's 12 recent filings, 2 were flagged as high-risk, 4 as medium-risk, and 6 as low-risk. The overall risk profile suggests relatively low risk with generally favorable filings.

Financial Highlights

Key financial metrics from Magellan Copper &Amp; Gold CORP's most recent 10-K filing (Mar 31, 2026):

• Revenue: N/A
• Net Income: N/A
• EPS: N/A
• Debt-to-Equity: N/A
• Cash Position: N/A
• Operating Margin: N/A
• Total Assets: N/A
• Total Debt: N/A

Key Executives

• Robert Wetzel
• Harry Day

Industry Context

The junior mining sector, where MAGE operates, is characterized by high risk and high reward, with companies focused on exploration and early-stage development. Success is heavily dependent on geological potential, capital availability, and commodity prices. The industry faces increasing scrutiny regarding environmental, social, and governance (ESG) factors, requiring robust compliance and community engagement.

Top Tags

mining (6) · 10-Q (5) · financials (5) · corporate-governance (3) · 10-K (2) · corporate-action (2) · material-agreement (2) · Exploration Stage (1) · Mining (1) · Copper (1)

Key Numbers

• Aggregate market value of non-affiliate common equity: $1,038,666 — Calculated on June 30, 2025, based on 8,923,245 shares at $0.1164
• Shares of common stock outstanding: 27,379,295 — As of March 31, 2026
• Deposit for Kris Project: $100,000 — Paid in March 2023, later transferred to Cable Project in February 2025
• Required expenditures on Kris Project: $400,000 — Over thirty-six months, assuming permitting, before relinquishment
• Shares of common stock issued for Blue Jacket and Cuprum acquisition: 5,500,000 — Part of the purchase price for mineral assets from GEM
• Fair value of 5,500,000 common shares: $422,565 — Total purchase price for Blue Jacket and Cuprum acquisition, also recorded as impairment expense in 2024
• Unpatented mining claims: 7 — Comprising the Kris Project in Plumas County, CA
• Estimated ore block at Center Star Mine: 30,000 tons — Defined between 1980-1981 with grades of 0.46 to 0.63 ounces per ton
• Total gold mined from Kris Project area (Clear Creek, Monkey James, Goodwin): 56,250 oz — From 1985-1989, from 885,209 ore tons at 0.064 ounces per ton
• Reclamation bond forfeited by Royal Gold: $340,000 — To the Forest Service in 1991 for the Kris Project area
• Cash at September 30, 2025: $388 — Represents a significant decline from $896 at December 31, 2024, highlighting severe liquidity issues.
• Working Capital Deficit: $2,105,675 — Increased from $1,881,883 at December 31, 2024, indicating worsening short-term financial health.
• Accumulated Deficit: $22,098,614 — Grew from $21,763,588 at December 31, 2024, underscoring persistent unprofitability and going concern risk.
• Net Loss (Q3 2025): $153,277 — Increased from $66,602 in Q3 2024, showing a widening quarterly loss.
• Net Loss (YTD Sep 2025): $335,026 — Increased from $271,004 in YTD Sep 2024, indicating a growing year-to-date loss.

Frequently Asked Questions