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First Majestic Announces Positive Exploration Results at San Dimas
Expansionary drilling intersects high-grade silver and gold mineralization near underground mine ...
About this update from First Majestic Silver Corp.
[{"type":"text","content":"First Majestic Announces Positive Exploration Results at San DimasExpansionary drilling intersects high-grade silver and gold mineralization near underground mine development. High-grade silver and gold intersection of the new Coronado vein highlights the potential for new Mineral Resource discoveries.Vancouver, British Columbia--(Newsfile Corp. - August 18, 2025) - First Majestic Silver Corp. (NYSE: AG) (TSX: AG) (FSE: FMV) (the \"Company\" or \"First Majestic\") is pleased to report positive drilling results from its ongoing exploration program at the San Dimas Silver/Gold Mine, located in Durango, Mexico. The ongoing exploration program was designed to explore for new veins, expand the Mineral Resources, and upgrade Inferred Mineral Resources to Indicated Mineral Resources. \"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,\" stated Keith Neumeyer, President & CEO of First Majestic. \"We are realizing strong results from numerous veins at San Dimas near-mine extensions at Elia, Sinaloa, Roberta, and Santa Teresa, and we are excited by the new high-grade silver and gold intercept of the Coronado vein in the West Block. Extensions of historically mined areas remain untested by modern methods, and this speaks to the untapped potential of the district. These new results confirm our view that San Dimas has significant growth opportunities and remains a cornerstone asset for our long-term growth strategy.\"KEY DRILLING HIGHLIGHTSExploration drilling intersected significant gold (\"Au\") and silver (\"Ag\") mineralization in multiple veins across the San Dimas property. A selection of significant drill hole intersections from these veins, namely the Sinaloa-Elia vein, the Roberta vein, the Santa Teresa vein, and the Coronado vein (Figure 1), are highlighted in Table 1 below:Table 1: Summary of Significant Gold and Silver Drill Hole Intercept HighlightsDrillholeTargetSignificant InterceptFrom (m)To (m)True Length (m)Metal GradesELI25X-1Elia273.60279.153.5715.93 g/t Au and 1,112 g/t AgSIN25X-5Sinaloa172.40178.105.177.66g/t Au and 495 g/t AgSJE25-4Jessica21.7525.553.207.86g/t Au and 193 g/t AgELI25X-17Elia312.10313.401.0623.70 g/t Au and 578 g/t AgSTE25X-20Santa Teresa220.10224.252.539.65 g/t Au and 121 g/t AgROT...