First Majestic Silver Launches Scoping Studies for New Discoveries at Santa Elena

Reuters
2025.12.15 21:31
portai
I'm PortAI, I can summarize articles.

First Majestic Silver Corp. has begun preliminary mine planning studies for the Navidad and Santo Niño discoveries at the Santa Elena Silver/Gold Mine in Sonora, Mexico. Exploration drilling has expanded gold and silver mineralization, with recoveries over 95%. The company is also planning a plant expansion to increase processing capacity to 3,500 tonnes per day by the end of 2026.