UNITED STATES

UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549



FORM 8-K


CURRENT REPORT


Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934



Date of Report (Date of earliest event reported):     January 22, 2014



MAGELLAN GOLD CORPORATION
(Exact Name of Registrant as Specified in its Charter)



       Nevada       

       _333-174287         

    27-3566922    

(State or other jurisdiction
of incorporation)

Commission File
Number

(I.R.S. Employer Identification number)



2010 A Harbison Drive # 312

Vacaville, CA  95687
(Address of principal executive offices)                    (Zip Code)


Registrant's telephone number, including area code:   (707) 884-3766

______________________________________________________

(Former name or former address, if changed since last report)



___

Written communications pursuant to Rule 425 under the Securities Act

___

Soliciting material pursuant to Rule 14a-12 under the Exchange Act

___

Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act

___

Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act








ITEM 2.03

CREATION OF A DIRECT FINANCIAL OBLIGATION OR AN OBGLIATION UNDER AN OFF-BALANCE SHEET ARRANGEMENT OF A REGISTRANT


        Effective January 22, 2014, Magellan Gold Corporation, a Nevada corporation (the “Company”) entered into a loan evidenced by a Promissory Note (the “Note”) pursuant to which the Company borrowed from its President, John C. Power, the principal amount of $50,000.  The Note is unsecured and is due and payable, together with interest at the rate of 6.75% per annum upon demand.


ITEM 7.01

REGULATION FD DISCLOSURE


      On April 28, 2014, Magellan Gold Corporation, a Nevada corporation (the “Company”) issued a press release announcing that it has completed it two core holes at its Papago target located within the company’s 100% optioned Silver District project in La Paz County, Arizona.  A copy of the press release is filed herewith.



ITEM 9.01:     FINANCIAL STATEMENTS AND EXHIBITS


 

(c)

Exhibit

 

 

 

 

 

Item

Title

 

 

 

 

99.1

Promissory Note dated January 22, 2014 in favor of John C. Power

 

99.2

Press Release dated April 28, 2014.

 

 

 




SIGNATURES


       Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned thereunto duly authorized.



 

Magellan Gold Corporation

 

 

Date:  April 29, 2014


By:  /s/ John C. Power

 

John C. Power, President





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