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Magma Energy Corp
(TSX: MXY)
Ross Beaty, CEO
Magma Energy Corp. is engaged in operating, developing, exploring and acquiring geothermal energy projects in North, South and Central America. Its projects include five advanced stage exploration properties and 12 early-stage exploration properties located in the United States, Chile, Argentina and Peru. Magma’s five advanced stage properties are the Maule Property located in Chile, the McCoy, Panther Canyon and Desert Queen Properties located in Nevada and the Thermo Property located in Utah. On October 3, 2008, Magma acquired a 100% interest in the Soda Lake Operation located 11 kilometers northwest of the City of Fallon, Nevada. In January 2009, Magma purchased the Whitehorse Property in Nevada.