Great start for just one area of the CINCO / PEGASO / POZO SECO-complex. I don't understand the subtitle lead-in with tonnage? Why not lead with silver ozs?



October 3, 2012

MAG Silver Reports Initial Mineral Resource Estimate at Cinco de Mayo

Inferred Resources: 12.45 Million Tonnes 132 g/t Ag, 0.24 g/t Au, 2.86% Pb and 6.47% Zn

Lead with : 52.7-million ozs of silver!!

Only $1,844,500,000.00-worth of silver at $35-bucks.

"We are pleased, but not surprised, to see a significant resource begin to materialize at the Bridge Zone/Jose Manto" said Dan MacInnis, MAG's President and CEO. "Combined with Juanicipio, Cinco de Mayo now gives MAG two significant high grade assets. Although we are still in the early stages, Cinco de Mayo is showing very strong potential for an increase to a substantial size. We expect to follow our exploration model and link the Bridge Zone/Jose Manto to the new Pegaso Zone discovery at depth. The 61 metre thick massive sulphide intercept in Pegaso Zone discovery hole CM-12 431, (Press Release July 18, 2012) strongly indicates that there is abundant potential for a much larger resource to emerge at depth."