First Majestic Silver Corp. Announces 2025 Mineral Reserve and Resource Estimates
First Majestic Silver Corp. has announced its 2025 Mineral Reserve and Mineral Resource estimates, showing significant year-over-year growth. Proven and Probable Mineral Reserves increased by 4% in silver-equivalent ounces, with a 16% rise in silver reserves. Measured and Indicated Mineral Resources saw a 50% increase in silver-equivalent ounces, and Inferred Mineral Resources grew by 69%. This growth is attributed to successful exploration activities, including the discovery of the Santo NiΓ±o deposit at Santa Elena which added 27.4 million silver-equivalent ounces to inferred resources. The company also reported substantial increases in gold resources at Jerritt Canyon due to higher gold price assumptions. These estimates, effective as of December 31, 2025, position the company for future growth and reinforce its strategy of exploration-driven resource expansion.