[AMEX:MVG] MAG SILVER CORP (ADR) > 12.84
MAG Silver Corp., an exploration stage company, engages in the acquisition, exploration, and development of mineral properties, primarily silver deposits in Mexico. The company owns rights to acquire 100% interests in Juanicipio property covering approximately 7,679 hectares located in Zacatecas, Mexico; Don Fippi property located in the Batopilas, Chihuahua district of Mexico; and Guigui property located in Santa Eulalia, Chihuahua district of Mexico. It also holds rights to acquire 100% interests in an exploration concession covering 4,443 hectares located in the Sierra de Ramirez district in Durango, Mexico; the Adargas property; Cinco de Mayo property; and Lagartos property. The company was incorporated in 1999. It was formerly known as Mega Capital Investments, Inc. and changed its name to MAG Silver Corp. in 2003. MAG Silver is based in Vancouver, Canada.
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