Gold and Silver Updates

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VANCOUVER, British Columbia, Jan. 18, 2021 (GLOBE NEWSWIRE) — MAG Silver Corp. (TSX / NYSE American: MAG) (“MAG”or the“Firm”)is happy to announce that Jill Neff has joined the Firm as Company Secretary.   

Ms. Neff has over 16 years of company secretarial, company governance and securities regulatory expertise, 12 of these years particularly with public firms within the mining trade. Most just lately, Ms. Neff served as Company Secretary of Sierra Metals Inc., a place which she held since 2013. Previous to that, she was Company Secretary for quite a lot of different publicly listed firms, together with WPC Assets Inc. (now Blue Star Gold Corp.) and TTM Assets Inc. Ms. Neff accomplished the Paralegal Diploma Program at Capilano College in 2004 and started her profession as a Securities Paralegal in nationwide legislation companies together with Borden Ladner Gervais LLP and Goodmans LLP.

“We’re very happy that Jill has joined MAG.” mentioned George Paspalas, President and CEO. “Jill brings wonderful related company secretarial expertise to us, which will likely be instrumental as we proceed so as to add worth for our shareholders and regularly enhance our company governance.”

About MAG Silver Corp. (www.magsilver.com)

MAG Silver Corp. (MAG: TSX / NYSE A) is a Canadian improvement and exploration firm centered on changing into a top-tier main silver mining firm by exploring and advancing high-grade, district scale, silver-dominant initiatives within the Americas. Its principal focus and asset is the Juanicipio Venture (44%), being developed in a Joint Enterprise partnership with Fresnillo Plc (56%). Juanicipio is situated within the Fresnillo Silver Development in Mexico, the world’s premier silver mining camp and the Joint Enterprise is presently setting up and growing the floor and underground infrastructure on the property to assist a 4,000 tonnes per day mining operation. Preliminary underground manufacturing was achieved in Q3-2020. As properly, MAG has an expanded exploration program in place, concentrating on a number of extremely potential targets each on the Juanicipio Joint Enterprise and on the Deer Path 100% earn-in mission in Utah.

On behalf of the Board of
MAG SILVER CORP.

“George Paspalas”

President, CEO and Director

Neither the Toronto Inventory Change nor the NYSE American has reviewed or accepted accountability for the accuracy or adequacy of this press launch, which has been ready by administration.

This launch contains sure statements that could be deemed to be “forward-looking statements” throughout the which means of the US Non-public Securities Litigation Reform Act of 1995. All statements on this launch, aside from statements of historic details are ahead wanting statements, together with statements that handle future mineral manufacturing, reserve potential, exploration drilling, exploitation actions and occasions or developments. Ahead-looking statements are sometimes, however not at all times, recognized by way of phrases akin to “search”, “anticipate”, “plan”, “proceed”, “estimate”, “count on”, “might”, “will”, “mission”, “predict”, “potential”, “concentrating on”, “intend”, “may”, “would possibly”, “ought to”, “consider” and related expressions. These statements contain recognized and unknown dangers, uncertainties and different elements which will trigger precise outcomes or occasions to vary materially from these anticipated in such forward-looking statements. Though MAG believes the expectations expressed in such forward-looking statements are based mostly on affordable assumptions, such statements usually are not ensures of future efficiency and precise outcomes or developments might differ materially from these within the forward-looking statements. Components that might trigger precise outcomes to vary materially from these in forward-looking statements embrace, however usually are not restricted to, modifications in commodities costs, modifications in mineral manufacturing efficiency, exploitation and exploration successes, continued availability of capital and financing, and normal financial, market or enterprise circumstances, political threat, foreign money threat and capital price inflation. As well as, forward-looking statements are topic to varied dangers, together with that information is incomplete and appreciable further work will likely be required to finish additional analysis, together with however not restricted to drilling, engineering and socio-economic research and funding. The reader is referred to the Firm’s filings with the SEC and Canadian securities regulators for disclosure relating to these and different threat elements. There is no such thing as a certainty that any ahead wanting assertion will come to go and traders mustn’t place undue reliance upon forward-looking statements.

Please Notice: Traders are urged to think about intently the disclosures in MAG’s annual and quarterly experiences and different public filings, accessible by the Web atwww.sedar.comandwww.sec.gov            LEI: 254900LGL904N7F3EL14

For additional data on behalf of MAG Silver Corp.  Contact Michael J. Curlook, VP Investor Relations and Communications Telephone: (604) 630-1399 Web site:www.magsilver.com Toll Free:(866) 630-1399 Electronic mail: information@magsilver.com 

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