Magna Gold welcomes Colin Sutherland to its Board as Independent Director

– CANADA, Toronto – Magna Gold Corp. (TSX:MGR.P) today announced the appointment of Colin Sutherland to the Board of Directors of the Corporation as an independent director.

“On behalf of Magna Gold Corp., I would like to welcome Mr. Sutherland to the Board. His past experience in Mexico and globally will be valuable to Magna as we look to emerge with a significant presence in Latin America. I would like to thank Ms. Diaz for her valuable contribution to the Company and the mining industry in Mexico,” commented Arturo Bonillas, CEO of Magna Gold Corp.

Laura Cristina Diaz Nieves, director of the Corporation, has resigned from the Board of Directors as she has been appointed new General Director of Mines in Mexico. We would like to congratulate Ms. Diaz on her new appointment and thank her for her valuable contribution to Magna Gold Corp.

About Colin Sutherland

Mr. Sutherland, a Chartered Professional Accountant since 1997, is currently a Director and Chief Financial Officer of NQ Minerals Plc. Prior to this, Mr. Sutherland served as President of McEwen Mining Inc., a mining company dual listed on the Toronto Stock Exchange and the New York Stock Exchange. Mr. Sutherland also served as Managing Director and Chief Executive Officer of Archipelago Resources Plc, from March 2012 to December 2015 which was privatized in 2015 for US$430 million. Mr. Sutherland has also held senior financial and executive roles with Timmins Gold Corp., Capital Gold Corporation, Nayarit Gold Inc. and Aurico Gold Inc.

About Magna Gold Corp.

Magna is a mineral exploration company focused on acquiring, exploring and developing quality properties in Mexico with potential for the discovery of significant gold – silver deposits.

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Talent4Boards Team

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