Exhibit 99.1 MAG SILVER CORP. Unaudited Condensed Interim Consolidated Financial Statements (expressed in thousands of US dollars) For the three months ended March 31, 2023 Dated: May 9, 2023 A copy of this report will be provided to any shareholder who requests it. VANCOUVER OFFICE TSX: MAG Suite 770 604 630 1399 phone NYSE American: MAG 800 W. Pender Street 866 630 1399 toll free www.magsilver.com Vancouver, BC V6C 2V6 604 681 0894 fax info@magsilver.com MAG SILVER CORP. Condensed Interim Consolidated Sta ...