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First Majestic Silver Announces Results of the 2025 Drilling Program at Jerritt Canyon Gold Mine
Exploration drilling results underscore the potential for further Mineral Resource expansion Vancouver, British Columbia--(Newsfile Corp. - March 10, 2026) - Fi
About this update from First Majestic Silver Corp.
[{"type":"text","content":" Exploration drilling results underscore the potential for further Mineral Resource expansion Vancouver, British Columbia--(Newsfile Corp. - March 10, 2026) - First Majestic Silver Corp. (NYSE: AG) (TSX: AG) (FSE: FMV) (the \"Company\" or \"First Majestic\") is pleased to announce the results of a successful 2025 exploration program at its Jerritt Canyon Gold Mine (\"Jerritt Canyon\") located in Nevada, USA, including the Mahala, Javelin, and Saval targets within the Smith-SSX-Saval mining area. The Company believes these results underscore the potential for expanding gold Mineral Resources at Jerritt Canyon to include both open-pit and underground resources. \"The success of our 2025 drilling program at Jerritt Canyon reaffirms our confidence in the potential of this district,\" said Keith Neumeyer, CEO of First Majestic. \"With the improved metal price environment, our team has expanded its focus to test both known underground targets as well as open-pit opportunities, which have yielded encouraging results. The results of the 2025 exploration program further highlight the potential for Mineral Resource growth. Jerritt Canyon hosts a significant district-scale land package of more than 30,000 hectares, and we have always believed that unlocking the district's full potential requires continued investment in exploration. The results from our 2025 drill program represent an important step toward that vision.\" 2025 EXPLORATION HIGHLIGHTS In 2025, First Majestic completed an extensive drilling campaign at Jerritt Canyon totalling approximately 18,300 metres (\"m\") across 57 drill holes. The program was strategically designed to explore for new gold mineralized zones beneath non-favourable \"cover\" rocks, as well as to assess the continuity of known mineralization beyond the boundaries of existing Inferred Mineral Resources along established geological trends. Targets included areas that have deeper underground and/or near-surface open pit potential. Given the property's history of both open pit and underground mining, the 2025 drilling results highlight the potential for Mineral Resources amenable to both mining methods: significant underground intercepts are defined by a minimum length of 4.6 m and a gold (\"Au\") cut-off grade of 1.13 g/t, while significant open pit intercepts require at least 9.1 m and 0.43 g/t Au cut-off gra...