MAG Silver Announces Start of Juanicipio Underground Development

MAG Silver Announces Start of Juanicipio Underground Development 
VANCOUVER, BRITISH COLUMBIA -- (Marketwired) -- 10/28/13 -- MAG
Silver Corp. (TSX:MAG)(NYSE MKT:MVG) ("MAG" or the "Company")
announces that its joint venture partner and project operator,
Fresnillo plc ("Fresnillo"), has commenced underground development at
the Juanicipio project located in the Fresnillo District, Zacatecas
State, Mexico. Portal area preparation is in the final stages of
completion and a continuous miner is planned to start excavating the
uppermost part of the access ramp (see photo, visit following link: The
initiation of underground work follows a year of engineering,
hydrological and environmental studies in support of required
permits, all of which are now in hand. The underground work is being
carried out under a previously approved initial development budget
that includes the commencement of the first 2,500 metres of ramp
advancement. The Juanicipio Project is held in Minera Juanicipio S.A.
de C.V. ("Minera Juanicipio"), a Mexican joint venture company owned
44% by MAG and 56% by Fresnillo. 
George Paspalas, the Company's newly appointed President & CEO,
commented "I am very pleased to be joining MAG at this pivotal time
in the company's evolution as we start the development that will lead
towards production at Juanicipio." 
Qualified Person: Dan MacInnis, P. Geo., a certified professional
geologist who is a "Qualified Person" for purposes National
Instrument 43-101, Standards of Disclosure for Mineral Projects has
read and approved the contents of this press release. 
About MAG Silver Corp. ( 
MAG is focused on district scale projects located within the Mexican
Silver Belt. Our mission is to become one of the premier companies in
the silver mining industry. MAG is conducting ongoing exploration of
its portfolio of 100% owned properties in Mexico including a silver,
lead and zinc discovery and a moly-gold discovery at its 100% owned
Cinco de Mayo property in Chihuahua State. MAG and Fresnillo plc are
jointly developing the Valdecanas Vein and delineating the
Desprendido and Juanicipio discoveries on the Juanicipio Joint
Venture in Zacatecas State. MAG is based in Vancouver, British
Columbia, Canada. Its common shares trade on the TSX under the symbol
MAG and on the NYSE MKT under the symbol MVG. 
On behalf of the Board of MAG SILVER CORP. 
"George Paspalas", President & CEO, Director 
"Dan MacInnis", Director 
Neither the Toronto Stock Exchange nor the NYSE MKT has reviewed or
accepted responsibility for the accuracy or adequacy of this press
release, which has been prepared by management. 
This release includes certain statements that may be deemed to be
"forward-looking statements" within the meaning of the US Private
Securities Litigation Reform Act of 1995. All statements in this
release, other than statements of historical facts are forward
looking statements, including statements that address future mineral
production, reserve potential, exploration drilling, exploitation
activities and events or developments. Forward-looking statements are
often, but not always, identified by the use of words such as "seek",
"anticipate", "plan", "continue", "estimate", "expect", "may",
"will", "project", "predict", "potential", "targeting", "intend",
"could", "might", "should", "believe" and similar expressions. These
statements involve known and unknown risks, uncertainties and other
factors that may cause actual results or events to differ materially
from those anticipated in such forward-looking statements. Although
MAG believes the expectations expressed in such forward-looking
statements are based on reasonable assumptions, such statements are
not guarantees of future performance and actual results or
developments may differ materially from those in the forward-looking
statements. Factors that could cause actual results to differ
materially from those in forward-looking statements include, but are
not limited to, changes in commodities prices, changes in mineral
production performance, exploitation and exploration successes,
continued availability of capital and financing, and general
economic, market or business conditions, political risk, currency
risk and capital cost inflation. In addition, forward-looking
statements are subject to various risks, including that data is
incomplete and considerable additional work will be required to
complete further evaluation, including but not limited to drilling,
engineering and socio-economic studies and investment. The reader is
referred to the Company's filings with the SEC and Canadian
securities regulators for disclosure regarding these and other risk
factors. There is no certainty that any forward looking statement
will come to pass and investors should not place undue reliance upon
forward-looking statements. 
Please Note: Investors are urged to consider closely the disclosures
in MAG's annual and quarterly reports and other public filings,
accessible through the Internet at and
MAG Silver Corp.
Michael Curlook
VP Investor Relations and Communications
(604) 630-1399 or Toll free: (866) 630-1399
(604) 681-0894 (FAX)
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