VANCOUVER, British Columbia, July 24, 2024 (GLOBE NEWSWIRE) -- MAG Silver Corp. (TSX / NYSE American: MAG) (“MAG” or “MAG Silver”) reports production from Juanicipio (56% / 44% Fresnillo plc (“Fresnillo”) and MAG, respectively) for the second quarter (“Q2”) ended June 30, 2024.

Q2 Highlights

Expanding throughput: Juanicipio processed 336,593 tonnes of ore in Q2 continuing to build on daily milling rates. Consistent with Q1, all ore was processed at the Juanicipio plant in Q2.
Continued strong grades: The average silver head grade for the quarter was 498 grams per tonne (“g/t”), surpassing the previous quarter and reaffirming the high-grade nature of the Juanicipio deposit which continues to demonstrate its significant long-term potential.
Enhanced recovery: Metal recovery rates improved compared to the previous quarter showcasing the ongoing operational enhancements and circuit optimization efforts at Juanicipio.
Commercial pyrite production: Commenced commercial production of pyrite concentrate during the quarter delivering incremental silver and gold recovery.

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https://www.globenewswire.com/news-release/2024/07/24/2917860/0/en/MAG-Announces-Second-Quarter-2024-Production-From-Juanicipio-and-Increases-Grade-Guidance.html