First Majestic Silver Corp T.AG

Alternate Symbol(s): AG

Metals & Mining Silver

First Majestic Silver Corp. is a mining company. It is focused on silver and gold production in Mexico and the United States. It owns and operates the San Dimas Silver/Gold Mine, the Santa Elena Silver/Gold Mine, and the La Encantada Silver Mine, and a portfolio of development and exploration assets, including the Jerritt Canyon Gold project located in northeastern Nevada, United States. It also owns and operates its own minting facility, First Mint, LLC, and offers a portion of its silver production for sale to the public. The San Dimas Silver/Gold Mine is located over 130 kilometers (km) northwest of the city of Durango, Durango State, Mexico and consists of 71,868 hectares of mining claims located in the states of Durango and Sinaloa, Mexico. The Santa Elena Silver/Gold Mine is located over 150 km northeast of the city of Hermosillo, Sonora, Mexico. The La Encantada Silver Mine is an underground mine located in the northern Mexico State of Coahuila, 708 km northeast of Torreon.

TSX:AG - Post by User

First Majestic Silver Corp

Bullboard Posts

Post by RLL2on Dec 24, 2008 12:08pm

514 Views

Post# 15666192

Results from Le Encantada

Looking over the news release from yesterday. Looks like they added another 23.1 million oz in all catigories to bring them up to 260.4 million ozs on their 4 properties.

This is a very sizable increase considering there was only 3 drills running on Le Encantada. The results for San Martin and La Parilla should be very impressive since they had 9 and 7 drills running, respectively. Should easily get total up over 300 million ozs total.

Merry Christmas and a Prosperous New Year.

Bullboard Posts

Debt-free cannabis company set for next stage of growth