cinco de mayo continues to grow with very encouraging results:

MAG Silver Corp. (TSX:MAG - News)(AMEX:MVG - News) ("MAG") is pleased to announce strong gold and molybdenum assay results from initial follow-up drilling of the Pozo Seco Moly-Gold discovery on its 100% owned Cinco de Mayo property in northern Chihuahua State, Mexico (see Press Release of September 23, 2009). The results of this step-out drilling show significant gold values in close association with the high grade molybdenum mineralization.

Hole CM09-139 is the best of the new holes, returning 0.73 grams per tonne (g/t) gold with 0.35% molybdenum over 57.34 metres (18.63 to 75.97 metre depth), including 15.27 metres (31.15 to 46.42 metre depth) grading 1.66 g/t gold and 0.60% molybdenum. Significant results have also been encountered in the three adjoining holes (see table below), which combine to show the host environment as a near-surface, flat-lying and well-mineralized breccia. Holes CM09-137 and 138 are angle holes designed to seek a feeder for the flat-lying mineralized breccia and both holes intersected possible feeder candidates. The holes reported here are the first six holes out of a proposed 20 hole, 2,000 metre program drilled on a 200 metre grid centred on discovery Hole CM09-130 (75.2 metres of 0.31% Mo). An additional twelve holes for which assays are pending have been drilled to date on 200 metre step outs along a north-west to south-east trend. Details of assays received are provided below in the table and map (to view the map please click on: http://media3.marketwire.com/docs/mag1110.pdf).

"Follow-up drilling at Pozo Seco is yielding stronger and increasingly more consistent gold values associated with high grade moly over appreciable widths, significantly enhancing the potential that a coherent near-surface, stand-alone, high-grade molybdenum-gold target exists in the area," said Dan MacInnis, MAG Silver President. "These results are also highly important in the context of the overall Cinco de Mayo system as the extent of the moly-gold zone here is rapidly growing larger than that known in any other CRD system."

http://finance.yahoo.com/news/MAG-Silver-Expands-HighGrade-iw-47792017.html?x=0&.v=1