MAG Silver Announces First Resource Estimate for Pozo Seco

MAG Silver Corp. (TSX:MAG) (NYSE Amex:MVG) announced a first mineral resource estimate for the Pozo Seco molybdenum (moly)-gold discovery on its 100% owned Cinco de Mayo property in northern Chihuahua State, Mexico.

The press release is quoted as saying:

Results confirm that Pozo Seco is a significant high grade molybdenum and gold deposit. MAG is also providing the diamond drill results for 13 holes (Holes CM10-241 to CM10-266) drilled on the Pozo Seco property all of which are included in the resource estimate. The deposit remains open to the northeast and southwest in several places adjoining these latest holes.

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