MAG Silver Corp.

MAG Silver Corp. (TSX: MAG, NYSE: MAG) is focused on advancing and exploring high grade district scale projects located within the Mexican Silver Belt. Our mission is to become one of the premier companies in the silver mining industry. Currently, we are developing the underground decline towards the high grade Valdecañas and Juanicipio silver veins in Zacatecas State, all within the joint venture between MAG Silver (44%) and Fresnillo PLC (56%). In addition, ongoing exploration continues within the Juanicipio joint venture, while the Company concurrently works on regaining surface access to our 100% owned Cinco de Mayo property in Chihuahua state. MAG has a lot of cash and no debt. The planned AISC are at 5.02$ per ounce silver and it is the highest grade developing silver asset of size with significant exploration upside. The project will process 4,000 tonnes per day, has an initial 19 year mine life and recoveries of Ag 95%, Au 82%, Pb 93% and Zn 90%.