In this episode Michael Fox is joined by Dr. Peter Megaw, former Chief Exploration Officer for Mag Silver, discussed the recent $2.1 billion acquisition of Mag Silver by Pan American Silver. Given Peter made the Fresnillo discovery for Mag, he is the perfect person to discuss the merger. He explained how Mag Silver’s discovery of the Valdecañas vein in the Fresnillo district led to the deal, highlighting the potential for further exploration and production. The acquisition includes additional properties in Utah and Canada, with Megaw noting the high cost of exploration in the US compared to Canada. He also discussed the financial aspects of the deal, including the cash and stock distribution to Mag shareholders, and emphasized the strategic fit for Pan American Silver’s expansion in Mexico.