ITEM 7.01 REGULATION FD DISCLOSURE

On November 10, 2020 - Magellan Gold Corporation, a Nevada corporation ("Company"), issued a press release announcing the appointment of William Luckman as President of Company. A copy of the press release is filed herewith as Exhibit 99.1.

The position of President was previously held by Michael Lavigne who has now been appointed to the position of CEO.

The following is biographical information for Mr. Luckman.

William Luckman, age 49 has spent over 25 years enhancing the value of speculative, early stage public companies both domestically and internationally. He has served dozens of companies as an advisor, investor, investment banker, executive and director. His career in corporate finance began in the 1990's when he transitioned from traditional banking to investment banking. Serving initially as an advisor to a European institution, his business expanded to advising mostly foreign companies and investors on US capital markets. Since 2013 Mr. Luckman has focused on value added investing in small public companies; unlocking value through creating and pursuing cohesive investment theses as it relates to execution either operationally, M&A activity and/or fund raising.

Mr. Luckman attended University of Illinois at Champaign and Northwestern University in Evanston, IL.

In consideration of services rendered as President of the Company, the Board has authorized a grant of restricted stock units consisting of 42,000 shares of restricted stock units per month, subject to conditions contained in a Restricted Stock Unit Agreement between the Company and Mr. Luckman. A copy of the Restricted Stock Unit Agreement is filed herewith as Exhibit 10.1.

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