Interview with President & CEO George Paspalas. MAG Silver operates the Juanicipio silver mine in Mexico with Fresnillo, which is currently still in the ramp-up phase, which is expected to be completed by the end of 2023. The company will receive revenues in line with its 44% share of the project. The company also owns the Deer Trail and Larder projects, which are currently being drilled. Initial drilling results on Deer Trail show the potential of the project.