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First Majestic Silver ( (TSE:AG) ) has provided an announcement.
First Majestic Silver has significantly expanded the high-grade gold and silver mineralization at the Navidad discovery within its Santa Elena Mine in Sonora, Mexico. Recent drilling results have shown substantial growth in the mineralization footprint, with metallurgical testing confirming excellent recovery rates. This advancement enhances the potential for increasing the mineral resource and reserve base at Santa Elena and aligns with First Majestic’s strategic goals to optimize its operations and resource quality.
More about First Majestic Silver
First Majestic Silver Corp. is a mining company focusing on the exploration and production of silver and gold. The company operates primarily in Mexico, and its market focus includes expanding its resource base and enhancing the efficiency of its mining operations.
YTD Price Performance: -4.20%
Average Trading Volume: 12,159,564
Technical Sentiment Consensus Rating: Buy
Current Market Cap: $2.69B
For a thorough assessment of AG stock, go to TipRanks’ Stock Analysis page.