Business
MAG Silver announcement of Va
MAG Silver announcement of Va.
About this update from Fresnillo Plc
[{"type":"text","content":"\n RNS Number : 0139Z Fresnillo PLC 14 September 2009 \n \n \n\n14 September 2009\n\nStatement re MAG Silver announcement of Valdecañas scoping study \n\nFresnillo plc (LSE: FRES) reports that today MAG Silver (TSX: MAG) has announced the results of an independent scoping study for the development of the Valdecañas Vein within the Minera Juanicipio joint venture claim as a potential stand-alone silver mine.\n\nThe Management of Fresnillo plc has concerns about a number of the assumptions on which the results of this scoping study are based. This scoping study is a hypothetical development scenario and is based on preliminary information and therefore must not be mistaken for a pre-feasibility study.\n\nWhilst the Minera Juanicipio joint venture is providing Fresnillo plc with good results, the Company remains cautious given the uncertainties imbedded in a scoping study. \n\n- End- \n\nFor further information, please visit our website: www.fresnilloplc.com or contact:\n \nFresnillo plc \nLondon Office Tel: +44 (0)20 7399 2470\nOctavio Alvidrez, Head of Investor Relations\nMexico City Office\nGabriela Mayor Tel: +52 55 52 79 3203\n\nBrunswick Tel: +44 (0)20 7404 5959\nPatrick Handley\nCarole Cable\n\nAbout Fresnillo plc\nFresnillo Plc is the world's ...