MAG Silver Corp. reports production from the Juanicipio Project and MAG, respectively) for the first quarter ending March 31, 2023. March 2023 marked a significant achievement for Juanicipio as it produced and sold its first commercial lead and zinc concentrates. In addition to the initiation of feed to the Juanicipio mill, surplus mineralized material continues to be processed through the nearby Saucito and Fresnillo [...]
MAG Silver Corp. is pleased to announce that it has been informed by Fresnillo Plc , the operator of the Juanicipio Mine , that concentrate production at the high-grade Juanicipio Mine has commenced with the shipment of its first commercial lead and zinc concentrates in late March 2023. Regular concentrate shipments have commenced and are planned going forward. Construction activities are now substantially complete [...]
MAG Silver Corp. announces the Company's audited consolidated financial results for the year ended December 31, 2022. For details of the audited consolidated financial statements, Management's Discussion and Analysis, Annual Information Form and Annual Report on Form 40-F for the year ended December 31, 2022, please see the Company's filings on SEDAR or on EDGAR . All amounts herein are reported in $000s of United States [...]
MAG Silver Corp. announced today that it has completed its previously announced bought deal private placement and has issued 969,450 common shares on a "flow-through basis" ) , including 126,450 Flow-Through Shares issued upon the full exercise of a 15% over-allotment option, at a price of C$23.75 per Flow-Through Share for aggregate gross proceeds of C$23,024,437.50 . The total gross proceeds from the Flow-Through [...]
MAG Silver Corp. announced today that it has completed its previously announced bought deal public offering and has issued 2,905,000 common shares , including 170,000 Common Shares issued upon the partial exercise of the over-allotment option, at a price of US$14.65 per Common Share for gross proceeds of US$42,558,250 . MAG intends to use the net proceeds of the Offering to fund exploration on Juanicipio and MAG's other [...]
MAG Silver Corp. announced today that it is has entered into an agreement with a syndicate of underwriters led by BMO Capital Markets and Raymond James Ltd. under which the Underwriters have agreed to buy on a bought deal basis 2,735,000 common shares at a price of US$14.65 per Common Share for gross proceeds of approximately US$40 million . The Company has granted the Underwriters an option, exercisable at the offering [...]
MAG Silver Corp. reports production from the Juanicipio Project and MAG, respectively) for the fourth quarter ending December 31, 2022 and full year 2022. As reported to MAG by the project operator Fresnillo, 165,786 tonnes of mineralized material from both underground development and initial stopes were processed during the three months ended December 31, 2022 at an average silver head grade of 415 grams per tonne . For [...]
MAG Silver Corp. reports results from six completed holes in surface-based Phase 2 drilling on its Deer Trail Carbonate Replacement Deposit Project in central Utah, USA . The highlight is the discovery of the "Carissa" zone found in aggressive step-outs drilled 1 km to the southwest of the "Deer Trail Mine Corridor". Discovery Hole DT22-09 cut the longest intercept of continuous mineralisation with 273.8 m of sulfide [...]
MAG Silver Corp. reports that it has received confirmation from Fresnillo Plc , the operator of the Juanicipio Project , that final testing of the downstream power distribution and control systems at the Project is now complete. The entire system has now been energized and Juanicipio has been connected to the national power grid. We have been advised that this concludes the additional testing requested by the state-owned [...]
MAG Silver Corp. announces the Company's unaudited financial results for the three months ended September 30, 2022. For details of the unaudited condensed interim consolidated financial statements and Management's Discussion and Analysis for the three months ended September 30, 2022, please see the Company's filings on SEDAR or on EDGAR . All amounts herein are reported in $000s of United States dollars unless otherwise [...]
MAG Silver Corp. is pleased to report third quarter metal production from the Juanicipio Project and MAG, respectively). As reported to MAG by the project operator Fresnillo, on a 100% basis, 180,807 tonnes of mineralized material from both underground development and initial stopes were processed during the three months ended September 30, 2022 at an average head grade of 513 silver grams per tonne. Total Juanicipio [...]
MAG Silver Corp. is pleased to announce the publication of its inaugural Sustainability Report , which underscores MAG's fundamental commitment to transparency with its stakeholders while providing a comprehensive overview of the Company's ESG commitments, practices, and performance for the 2021 year. To view or download a copy of the Report, please see the ESG section of the MAG Silver website at [...]