Article: MAG Silver & Fresnillo Intersect High Grade Silver on Juanicipio Vein ; 4,100 grams per tonne (g/t) (119.5 ounces per ton (opt)) silver over 0.60 metres with 1.47 g/t gold, 2.02% lead and 4.07% zinc

VANCOUVER, BRITISH COLUMBIA--(Marketwire - April 16, 2008) - MAG Silver Corp. (TSX:MAG)(AMEX:MVG) ("MAG") and Compania Fresnillo S.A. DE C.V. ("Fresnillo") on behalf of Minera Juanicipio SA are pleased to announce assay results from Holes 17P and 18P targeted on the Juanicipio Vein.

Hole 18P intersected 4,100 g/t (119.5 opt) silver over 0.60 metres, with 1.47 g/t gold, 2.02% lead and 4.07% zinc. Hole 17P intersected 130 g/t (3.8 opt) silver over 0.6 metres, with 0.34 g/t gold, 0.06% lead and 0.08% zinc.

Hole 18P intersected the Juanicipio Vein 110 metres west and 80 metres vertically below Hole JI-03-01 (2.0 metres of 689 g/t silver and 11.43 g/t gold, 40% core recovery) and 115 metres west ...

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