Friday, March 13, 2009

MAG Silver Gets 3.32 g/t Gold Over 4.71 m For Drill Hole On Juanicipio Property

MAG Silver got an assay of 1,021 g/t silver, 3.32 g/t gold, 4.79% lead and 7.20% zinc over 4.71 metres (true width) for drill hole PD, which went through the Valdecanas Vein on its Juanicipio property. The second hole, RC, got 660 g/t silver, 2.45 g/t gold, 0.24% lead and 0.42% zinc over 4.15 metres true width. The third, KF, returned no significant values. The news release announcing these results contains further details.

This report was sent out early this morning. Yesterday, MAG closed at $5.23 for a gain of 7 cents. Its current bid and ask are both $5.25, indicating a higher open.

MAG Silver's Google Finance web page is here.

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