MAG Silver Corp. is a Canada-based precious metals company primarily engaged in the exploration, development and acquisition of high-grade silver projects. The company focuses on advancing projects through strategic partnerships and joint ventures, leveraging technical expertise and financial strength to target near-term production opportunities. MAG Silver’s mission is to unlock value in world-class silver districts while maintaining a disciplined approach to capital allocation and environmental stewardship.
The company’s flagship asset is the Juanicipio project, located in the Fresnillo silver district of Zacatecas State, Mexico. Juanicipio is owned through a joint venture in which MAG Silver holds a 44% interest alongside Fresnillo PLC. Development at Juanicipio is underpinned by robust underground workings and existing mill infrastructure, positioning the project for a transition into commercial silver and gold production. MAG Silver provides operational oversight and technical management while benefiting from Fresnillo’s processing and logistics capabilities.
Beyond Juanicipio, MAG Silver maintains a portfolio of exploration-stage properties in North America. These include the Deer Trail project in Colorado, an early-stage silver prospect characterized by multiple epithermal vein targets, and generative land positions in Nevada’s Walker Lane district. The company applies a systematic exploration model—combining geological, geochemical and geophysical data—to define and prioritize targets that could complement its core Mexican operation.
Founded in 2006 and headquartered in Vancouver, British Columbia, MAG Silver is led by a management team with extensive experience in silver exploration and project development. The board of directors and senior leadership emphasize transparent reporting, community engagement and rigorous safety practices. With its established JV partnership and a pipeline of exploration opportunities, MAG Silver aims to deliver long-term value for shareholders and stakeholders in the precious metals sector.
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