MAG Silver Updates Silver Resource Estimate at Juanicipio

MAG Silver Corp. (TSX:MAG,AMEX:MVG) announced that an updated resource estimate has been completed on the Juanicipio Property.

As quoted in the press release:

Indicated Mineral Resources are estimated by RPA to total 6.2 million tonnes of 728 g/t silver, 1.9 g/t gold, 1.9% lead, and 3.9% zinc at an NSR cut-off value of US$55.00 per tonne.

MAG’s President, Dan MacInnis said:

The RPA estimate with its additional ounces of silver and gold continues to validate that through ongoing drilling and discovery there remains considerable upside in the project area.

Click here for the MAG Silver Corp. (TSX:MAG) press release.