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MAG Silver Announces Additional Silver and Gold in Updated Juanicipio Resource Estimation by Roscoe Postle and Associates

Monday, December 19th

"MAG Silver Corp. (TSX: MAG.TO - News)(AMEX: MVG - News) ("MAG" or the "Company") announces an independent updated Mineral Resource estimate for the Juanicipio Property completed by Roscoe Postle Associates Inc. ("RPA") on behalf of MAG. The updated RPA Mineral Resource estimate is based on drill results available as of August 5, 2011, and was prepared in parallel with the June 2011 estimate by Strathcona Mineral Services ("Strathcona") recently completed on behalf of the Minera Juanicipio Joint Venture ("Joint Venture") (see Press Release dated November 10, 2011). The Company continues to commission its own Mineral Resource estimates to ensure the integrity of the resource estimates published on behalf of the Joint Venture."

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