MAG Silver to Evaluate Development of Juanicipio

MAG Silver Corp. MVG is pleased to provide an update on the Juanicipio Property located in Fresnillo, Zacatecas State, Mexico. The property is owned by Minera Juanicipio S.A. de C.V., a Mexican joint venture entity owned 44% by MAG and 56% by Fresnillo plc which is also the project manager. MAG previously reported that Minera Juanicipio has engaged AMC Mining Consultants Ltd. to undertake an updated development study of a "standalone" underground silver mine on the Valdecanas Vein as one of the studies necessary to evaluate the manner in which the Juanicipio Property might be developed.