MAG Silver Corp. reported that it has been advised by Scott Wilson Roscoe Postle Associates Inc. that an error was discovered in the resource estimate that Scott Wilson RPA prepared for the Valdecanas Vein at the Juanicipio project in Zacatecas State, Mexico. For full story, click here
MAG Silver Corp. reported an update for the Juanicipio project located in Zacatecas State, Mexico. MAG holds a 44% interest and Fresnillo plc owns the remaining 56% interest in the project at Juanicipio through the Minera Juanicipio S.A. de C.V. joint venture company. For more information, click here
MAG Silver Corp. announced that its Independent Committee of the Board of Directors has suspended the formal valuation of MAG’s securities being prepared under its supervision by the independent valuator. For full story, click here
Intrepid Mines Limited reports that an Inferred Resource of 1.47 million ounces gold equivalent at a cut-off of 0.5 grams / tonne gold equivalent has been estimated for Zone A in the oxide and partial oxide zones of the Tumpangpitu area of the Tujuh Bukit Project in Indonesia. For full story, click here
MAG Silver Corp. provides the following as an update to recent company activities. For full story, click here
Silver giant Fresnillo PLC has launched an unsolicited takeover offer for MAG Silver Corp., its partner in a promising silver deposit in Mexico. For full story, click here
MAG Silver reports that it has established a Special Committee of the Board of Directors to look at strategic alternatives for MAG Silver. This is in response to Fresnillo plc’s acquisition of 9,746,193 of the issued and outstanding shares of the Company representing a 19.83% interest (see Table “A” below). Fresnillo is the Company’s joint venture partner [...]
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