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MAG Silver reports first quarter financial results
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MAG Silver Reports First Quarter Financial Results
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(1) Underground mine production of development material commenced in August of 2020, so there are no comparable Q1 2020 results.
2
) Provisional sales for 2020 were finalized in Q1 2021 resulting in negative adjustment to net sales revenue of $1,146.
Since August 2020, a total of 108,254 tonnes of mineralized development material have been processed at the Fresnillo plant in advance of commissioning the Juanicipio plant. MAG and Fresnillo expect to secure several positive outcomes from this processing for the Juanicipio Project:
generating cash-flow from production to offset some of the cash requirements of the initial project capital;
de-risking the flotation process through a better understanding of the metallurgical characteristics and response of the Juanicipio mineralization;
MAG Silver Reports 2020 Annual Results
MAG Silver Corp. announces the Company’s audited consolidated financial results for the year ended December 31, 2020. For details of the audited consolidated financial statements, Management’s Discussion and Analysis, Annual Information Form and Annual Report on Form 40-F for the year ended December 31, 2020, please see the Company’s filings on SEDAR or on EDGAR . All amounts herein are reported in $000s of …
MAG Silver Corp. (TSX NYSE American: MAG) (“MAG” or the “Company”) announces the Company’s audited consolidated financial results for the year ended December 31, 2020. For details of the audited consolidated financial statements, Management’s Discussion and Analysis, Annual Information Form and Annual Report on Form 40-F for the year ended December 31, 2020, please see the Company’s filings on SEDAR ( www.sedar.com ) or on EDGAR ( www.sec.gov ).
MAG Silver Reports 2020 Annual Results
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