Overview
MAG is a high-margin, Tier 1 silver producer focused on advancing high-grade, district scale precious metals projects in the Americas.
Our flagship project at Juanicipio, Mexico (44%) is operated by the world’s largest primary silver producer, Fresnillo Plc (56%), and offers MAG both production and exploration opportunities within a globally renowned area for silver.
MAG’s strategy is to focus on assets within major mineralized belts, where strong geologic knowledge exists and there are structural underpinnings that enable us to pursue exploration and development opportunities.
In addition to further exploration at Juanicipio, where only 5% has been explored to date, our exploration portfolio includes assets at Deer Trail in Utah and Larder in Ontario. We intend to replicate our success at Juanicipio by capturing longer-term upside at Deer Trail and Larder that can support further value creation for shareholders.
Juanicipio Mine, Mexico
Production & Exploration
Our flagship Juanicipio Mine (44%) is operated by the world’s largest primary silver producer, Fresnillo Plc (56%), and offers MAG both production and exploration opportunities within a globally renowned area for silver.
ProductionExploration
High Grade Silver Deposits
Milling Capacity
4,000
tpd
1.3Mt
mineralized development material processed in 2023
Ag
16.8M oz
silver producer
2023 Production
(100%)
Au
36.7k oz
gold producer
Deer Trail Project, Utah
Exploration
The silver-rich Deer Trail Carbonate Replacement Deposit (CRD) Project seeks to identify the source of historically mined high-grade silver, gold, lead, zinc and copper CRD sulphides of the Deer Trail manto.
Deer Trail Exploration
Phases 3 & 4
drilling underway
100%
Earn-in
potential
Silver, Gold, Lead, Zinc, Copper
Larder Project, Ontario
Exploration
Within one of the world’s best gold regions where 200 million oz. of gold have been produced, Larder lies in a mining-friendly jurisdiction featuring a long history of precious metal exploration, production and success.
Larder Exploration
8.5km
along Cadillac-Larder break
Positive
Community & First Nations relations
Permitted
and currently drilling
Infrastructure
extensive & accessible
20km+
of 1st, 2nd & 3rd
order structures
