Mag Silver June 14th Juanicipio UPEA Conference Call

On June 14, 2012, MAG announced the results of an updated National Instrument 43-101 (“NI 43-101″) compliant Preliminary Economic Assessment for the Juanicipio Project in Zacatecas State, Mexico. The Updated Preliminary Economic Assessment was commissioned by Minera Juanicipio S.A. de C.V., a Mexican joint venture company (the “Joint Venture”), owned 44% by MAG and 56% by Fresnillo plc (“Fresnillo”) and was carried out by AMC Mining Consultants (Canada) Ltd. (the “AMC Study”)(see News Release dated June 14, 2012). A National Instrument 43-101 technical report documenting the economic assessment will be filed on SEDAR within 45 days.