MAG Silver (TSE:MAG) has released an update.
MAG Silver Corp. reported strong first quarter results with a net income of $14,895 and robust silver production at 4.5 million ounces, along with a significant increase in mineral resources. The Juanicipio mine demonstrated excellent cost performance, with low cash and all-in sustaining costs, and generated considerable operating and free cash flow. Additionally, MAG Silver expanded its holdings by acquiring the Goldstake property, further solidifying its position in the market.
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