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Article: MAG Silver Reports on Juanicipio Scoping Study-Valdecanas "Stand-alone" Development.
- Article from:
- Marketwire Canada
- Article date:
- September 14, 2009
CopyrightCOPYRIGHT 2009 Canadian Corporate News. News Provided by Comtex. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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VANCOUVER, BRITISH COLUMBIA, Sep 14, 2009 (Marketwire via COMTEX) -- MAG Silver Corp. (TSX:MAG)(NYSE Amex:MVG) ("MAG") is pleased to announce the results of the independent Scoping Study ("Stand-alone Plan") for development of the Valdecanas Vein as a potential stand-alone silver mine. The Stand-alone Plan was carried out by Wardrop, a Tetra Tech Company, ("Wardrop") as independent engineers mandated by Minera Juanicipio S.A. de C.V. ("Minera Juanicipio"), the joint venture company owned 44% by MAG and 56% by Fresnillo plc ("Fresnillo"). The Stand-alone Plan does not take into account any potential synergies from developments completed and/or recently announced on the ...