Gold$2,045.30+0.52%
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Copper$3.85+1.23%
Platinum$912.40-0.33%
Iron Ore$118.50+2.14%
Nickel$16,892-0.89%
MAG Silver Corp. logo

MAG Silver Corp.

MAGSmall CapSilver

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About MAG Silver Corp.

Overview

MAG Silver Corp. is a Canadian development and exploration company focused on high-grade silver projects in Mexico. The company's flagship asset is the Juanicipio mine, a joint venture with Fresnillo plc, which has commenced commercial production as one of the world's highest-grade silver mines. MAG Silver maintains exploration properties with district-scale potential in prolific Mexican mining belts.

Operations

MAG Silver's primary asset is a 44% interest in the Juanicipio mine located on the Fresnillo trend in Zacatecas, Mexico, operated by joint venture partner Fresnillo plc (56% owner). The underground mine produces high-grade silver-gold ore from the Valdecañas vein system. The company also maintains the Deer Trail property in Utah and other exploration properties in Mexico.

Strategy

The company's strategy focuses on realizing the full potential of the Juanicipio mine as production ramps up and throughput increases, maintaining financial strength to fund its share of capital requirements, advancing exploration projects to build a pipeline of development opportunities, and creating shareholder value through exposure to high-grade silver production. MAG Silver emphasizes jurisdictions with established mining traditions.

Key Projects

Juanicipio represents MAG Silver's flagship asset with production ramping up to commercial levels and further development of the extensive vein system. Exploration continues on the concessions to identify additional resources beyond the current reserve base. The company is also evaluating its Deer Trail copper-gold-molybdenum porphyry project in Utah and exploring other Mexican properties for new silver discoveries.

Primary Commodities

SilverGold

Financial Metrics

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Press Releases

PRESS RELEASE

New VP targets major expansion at Philadelphia Project

Arizona Gold and Silver VP of Exploration Lex Lambeck joined Steve Darling from the Vancouver Resources Investment Conference to share news about his recent appointment and the promising potential of the company's flagship Philadelphia project in Arizona. Lambeck, a seasoned geologist with a strong track record—including his leadership role at MAG Silver prior to its $2.1 billion acquisition by Pan American Silver—discussed what drew him to Arizona Gold & Silver. He emphasized the significant exploration upside and described the current stage of the project as "just scratched the surface." “What really attracted me to the project was the potential for it. We think it's a really big system,” Lambeck stated, referencing recent drill results from holes 156 to 158, which show the system entering the boiling zone—an encouraging indicator for mineralization. Lambeck also highlighted upcoming plans to pursue drilling at the Red Hills area, pending permit approval. This zone could represent the fluid system’s core, offering a transformative target for the company. With guidance from former VP Greg Hahn, Lambeck intends to balance continuity with fresh geological insights. He also reflected on the opportunity of working in a smaller company with big ambition: “That's what gets you out of bed… working with Mike and really drive the direction of the company.” #proactiveinvestors #arizonagoldandsilver #tsxv #azs #otcqb #azasf #LexLambeck #GoldExploration #PhiladelphiaProject #AZASF #JuniorMining #PreciousMetals #DrillResults #MiningInvesting #ResourceExploration #GoldStocks

Yahoo Finance1/26/2026

Quick Facts

Ticker Symbol
MAG
Market Cap
Small Cap
Category
Silver
Commodities
Silver, Gold
Headquarters
Vancouver, Canada
Founded
2003
Employees
~10

Operating Countries

MexicoUSA

Producing Assets

  • Juanicipio (Mexico)

Development Assets

  • Deer Trail (USA)
  • Exploration properties (Mexico)

This information is for educational purposes only and does not constitute investment advice. Always conduct your own research before making investment decisions.

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