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MAG Silver Corp.
Summary
| Project: | Juanicipio | |
|---|---|---|
| Deposit: | Juanicipio | |
| Location: | Mexico | |
| Commodities: | Gold-Silver-Copper-Lead-Zinc | |
| Date: | 1/19/2018 | |
| Report Code: | NI43-101 | |
| Report Type: | PEA | |
| Project Stage: | Pursuing Resource Increase/Upgrade | |
| Report details: | 19-1-2018: MAG Silver Corp. announces a PEA report for its Juanicipio deposit at the Juanicipio project. Amended and restated PEA Technical Report for the project. This Technical Report (the Report) provides an update of the Mineral Resource estimate and | |
| Resources: | (refer to full report) | |
| CP/QP: | [Resources]: Adrienne Ross (AMC Mining Consultants (Canada) Ltd.) | |
| ABSTRACT: | This Technical Report (the Report) provides an update of the Mineral Resource estimate and Preliminary Economic Assessment (2017 PEA) of the Mineral Resources identified within the Minera Juanicipio Property (the Property) in Zacatecas State, Mexico. The Report has been prepared by AMC Mining Consultants (Canada) Ltd. (AMC) of Vancouver, Canada on behalf of MAG Silver Corp. (MAG Silver). MAG Silver owns 44% of Minera Juanicipio S.A. de C.V. (Minera Juanicipio), a Mexican incorporated joint venture company, which owns (100%) of the Property. Fresnillo plc (Fresnillo) holds the remaining 56% interest in the joint venture and is the project operator. The Report has been prepared in accordance with the requirements of National Instrument 43-101 (NI 43-101), “Standards of Disclosure for Mineral Projects” of the Canadian Securities Administrators (CSA) for lodgement on CSA’s “System for Electronic Document Analysis and Retrieval” (SEDAR). The economic analysis in the 2017 PEA is preliminary in nature and is based, in part, on Inferred Mineral Resources that are considered too speculative geologically to have the economic considerations applied to them that would enable them to be categorized as Mineral Reserves. There is no certainty that the results of the PEA will be realized. | |
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