Exhibit 99.1 MAG SILVER CORP. Unaudited Condensed Interim Consolidated Financial Statements (expressed in thousands of United States dollars) For the three months ended March 31, 2025 Dated: May 7, 2025 VANCOUVER OFFICE Suite 801 815 West Hastings Street Vancouver, BC V6C 1B4 MAG SILVER CORP. Condensed Interim Consolidated Statements of Income and Comprehensive Income For the three months ended March 31, 2025 and 2024 (In thousands of United States dollars, except for shares and per share amounts - Unaudite ...