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 conversationLow cost leverage to silver prices and how the…