MAG Silver Corp. reports the Company’s unaudited financial results for the six month period ending June 30, 2008.

The Company’s cash position at June 30, 2008 was approximately $64.8 million. All amounts herein are reported in Canadian dollars unless otherwise specified. The Company’s cash is all invested with the Royal Bank of Canada in guaranteed investment certificates or in a current account. None of the Company’s cash has been invested in asset backed commercial paper.

For full details of this press release, click this link. Silver Investing News researchers discovered MAG second quarter financial results described on their website. Follow developments in silver mining and exploration for free.
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