FORM 53-901F
MATERIAL CHANGE REPORT
UNDER SECTION 85(1) OF THE SECURITIES ACT
AND SECTION 151 OF THE SECURITIES RULES
ITEM 1.
REPORTING ISSUER
MAG SILVER CORP.
328 – 550 Burrard Street
Vancouver BC, V6C 2B5
Telephone:
(604) 630-1399
Facsimile:
(604) 484-4710
ITEM 2.
Date of Material Change:August 15, 2006
ITEM 3.
PRESS RELEASE
The Issuer issued a press release atVancouver, BC dated August 15, 2006
ITEM 4.
SUMMARY OF MATERIAL CHANGE
MAG Silver Corp. (TSXV:MAG) announce that drilling will begin very shortly on the Valdecañas Vein discovery. The initial diamond drill program is expected to involve 18 holes and 15,000 metres of drilling. Permits have recently been received.
ITEM 5.
Full Description of Material Change
See the news release dated August 15, 2006.
ITEM 6.
RELIANCE ON SECTION 85(2) OF THE ACT (BRITISH COLUMBIA) AND SECTION 118(2) OF THE ACT (ALBERTA) N/A
ITEM 7.
OMITTED INFORMATION N/A
ITEM 8.
SENIOR OFFICERS
The following senior officer of the Issuer is knowledgeable about the material change and may be contacted by the Commission at the following telephone number: Dan MacInnis, President & CEO Phone: (604) 630-1399
ITEM 9.
STATEMENT OF SENIOR OFFICER
The foregoing accurately discloses the material change referred to herein.
Dated at Vancouver, British Columbia this 25th day of August, 2006.
MAG Silver Corp.
“Dan MacInnis”
Dan MacInnis, President & CEO |
MAG Silver Corp.
MATERIAL CHANGE REPORT
328 – 550 Burrard Street, Vancouver BC, V6C 2B5
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