MAG Silver Corp. is a Canadian precious metals exploration and development company focused on advancing high‐grade silver projects in Mexico. Established in 2006 and headquartered in Vancouver, the company has built its reputation through strategic partnerships and careful resource delineation. Its principal asset is the Juanicipio joint venture, operated in partnership with Fresnillo plc, one of the world’s leading silver producers. This project, situated in the Fresnillo Silver District of Zacatecas, contains a significant silver‐dominant deposit, along with associated gold, lead, and zinc credits.
In addition to Juanicipio, MAG Silver holds a portfolio of exploration stage properties across Mexico’s silver belts. These include the Deer Trail project in New Mexico, USA, and several early‐stage prospects such as Cordero (in Chihuahua) and other targets in the Sierra Madre region. The company’s exploration strategy emphasizes systematic drilling, resource modelling, and metallurgical testing to define and upgrade resources in preparation for potential development or further joint venture arrangements with established mining operators.
Operational leadership at MAG Silver comprises experienced mining professionals. President and Chief Executive Officer Brandon Macdonald has overseen key stages of both exploration and project development since joining the company. His leadership is supported by a technical team with extensive backgrounds in geology, engineering, and environmental permitting. The board of directors includes representatives with significant corporate governance and capital markets expertise, ensuring robust oversight as the company progresses its projects toward production.
MAG Silver’s commitment extends beyond resource development to include community engagement, environmental stewardship, and sustainable mining practices. While its core operations are concentrated in Mexico’s prolific silver districts, the company maintains a strategic outlook for growth through new discoveries and potential expansions of existing ventures. With a disciplined approach to exploration and partnerships, MAG Silver aims to transition from explorer to producer in the mid‐tier silver market.
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