We report experimental results on the magnetic and transport properties of Ag/Co₉₀Fe₁₀ multilayers with variable Ag and Co₉₀Fe₁₀ thicknesses. The magnetism samples was characterized by magnetization measurements and ferromagnetic resonance spectroscopy. These measurements show that the magnetic layers are in general composed by single-domain particles and that the shape and the size of the magnetic clusters can be changed by using an applied magnetic field (H_dep) on deposition. The resistivity of these multilayered systems is described by a mixed model that includes current-in-plane and current perpendicular plane transport contributions. The transport model proposed to explain the experimental results emphasizes the role played by the magnetic entities on the scattering processes and strongly depends on the silver layer thickness. An electrical percolative transition is observed for samples grown at H_dep > H_dep^* while the magnetic properties of these samples still show a granularlike behavior.