Mr. Michael Curlook reports

MAG SILVER PROVIDES NOTICE OF UPDATED JUANICIPIO TECHNICAL REPORT

Mag Silver Corp. will release results from its updated Juanicipio technical report on Wednesday, March 27, 2024. A conference call will be held to discuss the results of the report on Wednesday, March 27, 2024, at 8:15 a.m. ET.

Conference call dial-in numbers

Canada/United States toll-free:  1-800-319-4610

International:  1-604-638-5340

About Mag Silver Corp.

Mag Silver is a growth-oriented Canadian exploration company focused on advancing high-grade, district-scale precious metals projects in the Americas. Mag Silver is emerging as a top-tier primary silver mining company through its (44 per cent) joint venture interest in the 4,000-tonne-per-day Juanicipio mine, operated by Fresnillo PLC (56 per cent). The mine is located in the Fresnillo silver trend in Mexico, the world's premier silver mining camp, where in addition to underground mine production and processing of high-grade mineralized material, an expanded exploration program is in place, targeting multiple highly prospective targets. Mag Silver is also executing multiphase exploration programs at the Deer Trail earn-in (100 per cent) project in Utah and the 100-per-cent-owned Larder project, located in the historically prolific Abitibi region of Canada.

We seek Safe Harbor.