VANCOUVER, British Columbia, July 27, 2022 — MAG Silver Corp. (TSX / NYSE American: MAG) (“MAG” or the “Company”) is pleased to report second quarter (Q2) production of underground development and stope material from the Juanicipio Project (56% / 44% Fresnillo plc (“Fresnillo”) and MAG, respectively). As reported to MAG by the project operator Fresnillo, on a 100% basis, 154,069 tonnes of mineralized material from both underground development and initial stopes were processed during the three months ended June 30, 2022 at an average head grade of 567 silver grams per tonne.