First Majestic Silver Corp T.AG

From Ryan Mulhern...

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Before precious metals dramatically increase in value once again I thought you might appreciate an introduction to a pure silver producer, First Majestic Resource Corp. (TSXV: FR). First Majestic is focused in Mexico and is just beginning to advance on its objective of rapid growth through acquisition and development offering investors an ideal leverage to the price of silver. Best regards, Ryan Mulhern Investor Relations Direct: [phone] Toll Free: 866-529-2807 Strategy Rapid growth through acquisition and development – Acquired four superior silver projects in 2004 Target Production: 2005 – 2 million oz 2006 – 6 million oz 2007 – 12 million oz Management President/CEO Keith Neumeyer previously Founder/President of First Quantum Minerals (TSX: FM), a major copper producer Chief Operating Officer/Director Ramon Davila previously President of Pan American Silver’s Mexican operations Candamena Mining District, Mexico Acquisition announced December 02, 2004 5,215 hectares; includes all properties, assets, equipment and mining concessions District hosts several highly mineralized areas including; The Nuevo Dolores Deposit, La Blanca, La Verde and La Prieta Mines Not NI 43-101 compliant Nuevo Dolores: 1997-60 drill holes/11,500 meters-estimated resource of 1 million oz gold and 20 million oz silver Mineralized structure open at depth and to south Amenable to open pit mining and conventional milling and flotation La Blanca: Clearly similar, geologically and visually to Nuevo Dolores deposit. An important area for future development and extension of main deposit. La Verde Mine: Historic underground mined resources: 466 gpt silver, 0.13 gpt gold, 4.33% lead and 3% zinc La Prieta Mine reported by vendors as containing similar grades to that of the La Verde Mine Purchase price for all properties, assets, equipment and mining concessions; $US7.6 million and 1% NSR Secured initially with $US 175,000; payments weighted heavy at back end Commence production: 18 months Due diligence program underway Dios Padre Silver Mine Acquisition announced November 18, 2004 285 hectares, includes all properties, assets, equipment and mining concessions 3,500,000 tonnes grading 456 gpt containing 57,211,000 (taken from upper level only)(Not NI 43-101 Compliant) Amenable to open pit mining and conventional milling and flotation Purchase price US$6.5 million, 500,000 shares and a 1% NSR Secured initially with $US300,000 and 500,000 shares, payments weighted heavy at back end Commence production: 18 months Due diligence program underway La Parrilla Silver Mine in Durango, Mexico Brought into production in July 2004, 283 hectares in size Anticipating 1 million ounces of silver production in its first 12 months Anticipating minimum1 million ounces of silver production in 2005 / average grades of 300 gpt The main Rosario vein has been reached and development is underway Perseverancia Silver Mine Zacatecas Stae, Mexico. Previously operated mine hosting silver, copper, lead and zinc mineralization 487 hectares including 3 additional past producing mines, the Magistral, San Juan and Esmeralda Extensive underground workings with the potential for near term silver production and significant exploration. Historical production estimated to be 3,200,000 ounces with average grades of 1,500 gpt October 2004, completed 270 underground rock samples; results show consistent, very high grade silver Located just 60 km from La Parrilla Silver Mine Corporate TSX.V: FR / US Pink Sheets FMJRF/ Berlin: 905910 $7.5 Million in Treasury Debt Free Shares Outstanding: 21.5 million / Fully Diluted: 28.5 million Please visit www.firstmajestic.com for further information