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First Majestic Silver Corp AG


Primary Symbol: T.AG

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

Post by mattbighamon Sep 20, 2024 3:10am
142 Views
Post# 36232485

"3.7m oz gold but they think there's an elephant there"

"3.7m oz gold but they think there's an elephant there"
This interview is a month old now but informative relating to JC.
3.7m oz of gold defined @ JC.
$10M in drilling there over the next now five months.
Within two years the mill will be properly winterized and ready for production.
Two year program of exploration and mill investment ongoing.
With 200,000 JC Au oz production the current mine portfolio (without the latest acquisition):

" You're pushing 50 million Ag Eq oz.-that's reasonable. 2-3 years. "

19:38

https://www.youtube.com/watch?v=RpI1uwbdip8
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