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ZAC 0.060 +0.0% ELE 21.18 −1.7% GHRT 0.750 +0.0% AEM 203.13 +0.1% JTWO 0.135 +0.0% EDR 10.63 −2.8% VMXX 0.750 +5.6% K 32.71 −1.5% AGI 40.13 −1.4% VGZ 2.40 +0.8% CAN 0.055 +0.0% NVO 0.055 +0.0% ARIS 19.57 −4.2% IVN 10.59 −0.8% MCI 0.165 +0.0% MTS 0.130 +0.0% ZAC 0.060 +0.0% ELE 21.18 −1.7% GHRT 0.750 +0.0% AEM 203.13 +0.1% JTWO 0.135 +0.0% EDR 10.63 −2.8% VMXX 0.750 +5.6% K 32.71 −1.5% AGI 40.13 −1.4% VGZ 2.40 +0.8% CAN 0.055 +0.0% NVO 0.055 +0.0% ARIS 19.57 −4.2% IVN 10.59 −0.8% MCI 0.165 +0.0% MTS 0.130 +0.0%
Drill Results

First Majestic Announces Positive Exploration Results at San Dimas

By The Northwire Desk — AI Analysis Aug 18, 2025 · 16:45 AG · 12.14 First Majestic Silver Corp.
AG · Price

Executive Summary

  • First Majestic reported a series of high‑grade gold‑silver intercepts from its 2025 drilling program at the San Dimas Silver/Gold Mine, confirming extensions to existing veins and converting several Inferred Resources to Indicated Resources.
  • Notable intercepts include 15.93 g/t Au + 1,112 g/t Ag over 3.57 m (ELI25X‑1), 23.70 g/t Au + 578 g/t Ag over 1.06 m (ELI25X‑17), and multiple other vein hits across Sinaloa‑Elia, Roberta, Santa Teresa and the newly targeted Coronado vein.
  • The results support management’s view that San Dimas remains a cornerstone asset with significant growth potential.

Key Details

  • Vein Highlights
  • ELI25X‑1 (Elia): 3.57 m @ 15.93 g/t Au, 1,112 g/t Ag
  • SIN25X‑5 (Sinaloa): 5.17 m @ 7.66 g/t Au, 495 g/t Ag
  • ELI25X‑17 (Elia): 1.06 m @ 23.70 g/t Au, 578 g/t Ag
  • STE25X‑20 (Santa Teresa): 2.53 m @ 9.65 g/t Au, 121 g/t Ag
  • ROT25X‑10 (Roberta): 1.52 m @ 6.40 g/t Au, 472 g/t Ag

  • COR25X‑2 (Coronado – new target): 2.12 m @ 2.59 g/t Au, 327 g/t Ag

  • Resource Conversion

  • Multiple drill holes were flagged as “resource conversion” in Table 2, indicating that the intersected material has been used to upgrade Inferred Mineral Resources to Indicated status for several veins (e.g., SIN24_135, ELI25X‑1, ROT25X‑10).

  • Assay Methodology

  • Diamond core samples processed at First Majestic’s ISO 9001:2015 Central Laboratory.

  • Gold analyzed by fire assay with atomic absorption finish; silver by 3‑acid digestion with atomic absorption, with gravimetric finishes applied for high‑grade assays.

  • Qualified Person

  • Gonzalo Mercado, P.Geo., Vice‑President of Exploration and Technical Services, reviewed and approved the technical information in accordance with NI 43‑101.

  • Forward‑Looking Statements

  • Management indicated that the drill results reinforce expectations for continued expansion and long‑term growth at San Dimas.

Notable Quotes

“The 2025 exploration results at San Dimas continue to reinforce its position as a high‑quality asset within First Majestic's portfolio of operating mines,” – Keith Neumeyer, President & CEO.

All non‑material boilerplate, forward‑looking disclaimer text and company background have been omitted for brevity.

Read the original news release →

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