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925 West Georgia St.
Suite 1805 Vancouver, B.C. Canada V6C 3L2 Phone: 604.688.3033 Toll Free: 1.866.529.2807
TSX: FR
Pink Sheets: FRMSF Frankfurt: Symbol - FMV WKN - A0LHKJ | | |
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» About the Company » Management Team » Financial Statements » Why Mexico? » Corporate Governance » Corporate Directory    | | | About the Company Management of First Majestic is committed to building a senior silver producing mining company based on an aggressive acquisition and development plan with a focus on Mexico. First Majestic owns the La Parrilla Silver Mine located outside the city of Durango. First Majestic has completed construction of a new 800tpd mill at the La Parrilla Silver Mine. At that rate, production will reach 1.8 million ounces of Silver per year. First Majestic's second operating mine, the San Martin Silver Mine, continues production at 800tpd, with an annualized production of approximately 1.8 million ounces of silver. First Majestic's third operating mine; the La Encantada Silver Mine also has an 800 tpd mill and produced approximately 1,400,000 ounces of silver in 2007. Plans for 2008 included expanding the La Encanatada by adding a cyanidation circuit to the mill. Management feels strongly that investors will continue to witness a dramatic bull market in precious metals over the coming years. For this reason, a focus to continue to develop and increase production at its core assets will continue. In addition, management is determined to expand First Majestic's asset base and thus continues to investigate other interesting advanced stage silver projects in Mexico. With a Management team comprised of proven company and mine builders; shareholders are poised to capitalize on First Majestic's rapid evolution into a world class silver producer. | | |
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| ©2006 First Majestic Resource Corp. All Rights Reserved. |