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March 12, 2014
09:06 EDTMVGMAG Silver reports Juanicipio project obtains explosives permit
MAG Silver announces that the contractor hired by Fresnillo plc to construct the ramp decline on behalf of the Minera Juanicipio S.A. de C.V. Joint Venture, has received its full explosives permit from the Mexican Ministry of Defense. Development of the Juanicipio ramp decline is now being advanced with conventional drill and blast cycles as well as with the continuous miner. Up to this point, all decline advancement had been accomplished solely with a continuous miner, and the rate of advance slowed at times when zones of harder rock were encountered. With the explosives permit in hand and the addition of conventional drill and blast cycles, the advance rate should improve substantially.
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