Safe Harbour Statement
This presentation is prepared by MAG Silver Corporation (“MAG - TSXV”) management
and MAG is solely responsible for content and format. D.T. MacInnis P.Geo is a nonindependent Qualified Person and has compiled this presentation from industry
information and 43-101 reports and new releases with specific underlying Qualified
Persons as set out in the Releases and reports. Industry Information has been compiled
from publicly available sources and may not be complete, up to date or reliable.
Such forward looking statements are subject to risks and uncertainties which could
cause actual results to differ materially from estimated results. Such risks and
uncertainties include, but are not limited to, the Company’s ability to raise capital to fund
development and exploration, changes in general economic conditions or financial
markets, changes in metal prices, general cost increases, litigation, legislative,
environmental and other judicial, regulatory, political and competitive developments in
Mexico or Canada, technological and operational difficulties or inability to obtain permits
encountered in connection with The Company’s exploration activities, community and
labor relations matters and changes in foreign exchange rates, all of which are described
in more detail in the Company’s filings with the Securities and Exchange Commission.
The Company may access safe harbour rules. Please see complete information on Sedar
and at the SEC on Edgar.
This presentation is for information purposes only and is not a solicitation. Please
contact the Company for complete information and consult a registered investment
representative / advisor prior to making any investment decision.
Note to U.S. Investors: Investors are urged to consider closely the disclosure in our
Form 20F, File no. 0-50437, available at our office: Suite 328-550 Burrard Street,
Vancouver BC, Canada, V6C 2B5 or from the SEC: 1(800) SEC-0330. The Company may
access safe harbor rules.
MEXICO
Sierra
Sierra Ramirez
Ramirez
10.2 Billion ounces
of
historical
3.2B
Oz. Ag Silver
Production
Fresnillo Silver Trend 4.2
Billion Ounces of Ag
Fresnillo, World’s Largest Silver Mine
33.9 M oz. (2005)
4.2 Billion
Ounces of past
production
33.9M oz. (2005)
80 Sg. Km
100% MAG
Juanicipio Joint Venture
• Covers ~ 80 Square Kilometers
• To earn 56% Interest Peñoles Required to:
– Expend $U.S. 5,000,000 / 4 years
• $US750,000 spent (year one)
• Minimum $U.S. 1,000,000 in Year two (Already Committed)
– Subscribe for $U.S. 1,000,000 MAG Shares
• Completed 6 months ahead of schedule.
– Carry out 3,000 meters of drilling
• Completed 5,767 meters (7 holes to date by Peñoles, 9
previous holes by MAG)
The Fresnillo Mine, Pe
ñoles
Peñoles
• > 1.2 Billion Oz Ag Prod. + Reserves (455
years of total production)
• 33.9 Million Ounces Production (2005)
Ave Grade: 460 g/T Ag (15.5 oz/T)
• 13.3 Mt @ 537 g/t Ag (230,000,000M oz.)
Cerro Proaño
El Saucito (To end of 2004)
•
•
•
•
El Saucito Discovery
1.4km long (extended in 2005)
2.0m wide (average)
2.80 M tonnes
11.0 g/t Au eg. ~ 1,000,000
equivalent Au oz. (55M OZ. Ag)
• 2006 – Shaft and decline in
progress
Source: PEÑOLES annual report for 2004
33.9M oz. 2005)
as
e
r
Inc
~ 3- 4.0 g/t Au
old
g
e in
< 1.0 g/t Au
(2 km projection –
Average Fresnillo
Vein Length))
~ 55 M oz. Ag
Juanicipio –
Salient Points
–Salient
• Significant new vein intercept (Valdecañes)
– 5th vein discovery in 2.5 years
• Hosted in 18m wide structural zone
• Affinities to Santa Niño vein
• Increase in Gold content
– Expansion of district to the west
• Location – Fresnillo Silver District
–
–
World class epithermal silver veins
Emerging vein field