Form 51-102F3
Material Change Report
Item 1
Name and Address of Company
MAG SILVER CORP. (the “Issuer”)
328 – 550 Burrard Street
Vancouver BC, V6C 2B5
Telephone: (604) 630-1399 Facsimile: (604) 484-4710
Item 2
Date of Material Change
30 July 2007
Item 3
News Release
The Issuer issued a news release at Vancouver, British Columbia on 30 July 2007 through Marketwire.
Item 4
Summary of Material Change
MAG Finds High Grade Silver at Batopilas
MAG Silver Corp. (TSXV:MAG; AMEX:MVG)and Industrias Peñoles S.A.B. de C.V.(“Peñoles”)announce that Peñoles has purchased more land covering the Juanicipio Project in Zacatecas State, Mexico. Peñoles has paid the surface owners USD$1,435,681 for the purchase of this additional land and this cost was applied to their earn-in requirements under the terms of the Juanicipio Agreement.
Item 5.1
Full Description of Material Change
Please see the Issuer’s news release dated 30 July 2007 (NR#07-21) for a full description of the material change.
Item 5.2
Disclosure for Restructuring Transactions
Not applicable.
Item 6
Reliance on subsection 7.1(2) or (3) of National Instrument 51-102
Not applicable.
Item 7
Omitted Information
Not applicable.
Item 8
Executive Officer
For further information, contact Dan MacInnis, President and CEO of the Issuer, at (604) 630-1399.
Item 9
Date of Report
Dated 30 July 2007