MAG Silver Reports Pre-Commissioning at Juanicipio and Third Quarter Underground Mine Production

Vancouver, B.C. MAG Silver Corp. (TSX / NYSE American: MAG) (“MAG” or “MAG Silver”) is pleased to report 2021 third quarter production of underground development material from the Juanicipio Project (56% / 44% Fresnillo plc (“Fresnillo”) and MAG Silver, respectively).  As reported to MAG by the project operator Fresnillo, 57,127 tonnes of development material were processed during the three months ended September 30, 2021.  Total Juanicipio production for the quarter based on provisional estimates before offtake agreement adjustments, totaled 667,532 silver ounces and 1,107 gold ounces (MAG’s attributable 44% interest: 293,714 ounces of silver and 487 ounces of gold). The associated lead and zinc production will be reported with MAG’s third quarter filings.

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