01
Producing Mines
Santa Elena Silver/Gold Mine
The Santa Elena Silver / Gold Mine is 100% owned by First Majestic Silver Corp. and is comprised of mining concessions that totals 102,244 hectares. The Santa Elena mine operation consists of the Santa Elena underground mine and the Ermitaño underground mine. The Santa Elena processing plant is able to use a campaign method of ore processing for treating different ores separately.
San Dimas Silver/Gold Mine
The San Dimas Silver/Gold Mine is 100% owned and operated by First Majestic Silver Corp. having been acquired in May 2018 as a result of the acquisition of Primero Mining Corp. The San Dimas operation has since become a cornerstone asset in First Majestic’s portfolio. The San Dimas property contains 71,867 hectares of mining claims located in the state of Durango, Mexico.
Los Gatos Silver Mine
(70% owned)
The Los Gatos Silver mine is a high-grade, low-cost, primary silver underground mine with robust exploration and development potential on approximately 103,000 hectares of mineral rights in Chihuahua State, Mexico. The district is 70% owned by First Majestic, with a strong Joint Venture partner in Japan’s Dowa Metals & Mining Co. Ltd, who holds the remaining 30% interest. Operating since 2019, the modern mine, mill and facilities at Los Gatos were acquired by the Company in 2025 with the acquisition of Gatos Silver.
La Encantada Silver Mine
The La Encantada Silver Mine is 100% owned by First Majestic Silver Corp. and includes a 4,000 tpd processing mill. The site encompasses 4,076 hectares of mining rights and 1,343 hectares of surface rights. The La Encantada property has been in First Majestic's portfolio of assets since 2006 and has since become one of the Company's largest producing silver mines.
02
Development
Jerritt Canyon Gold Mine
First Majestic acquired the Jerritt Canyon Gold Mine in 2021. The Jerritt Canyon property contains 30,821 hectares of mining claims located in the mining friendly state of Nevada. The Jerritt Canyon deposit was discovered in 1972 and first gold production from the property occurred in 1981. In April 2026, the Company announced plans to restart operations and is targeting production in H2 2027.
03
Exploration
La Luz
The La Luz Silver Project is 100% owned by First Majestic Silver Corp. The property was acquired in 2009 as a result of the acquisition of Normabec Mining Resources.
Jalisco Group of Properties
The Jalisco Group of Properties is owned by First Majestic Silver Corp. and consists of 5,245 hectares of mining claims in Jalisco, Mexico.
Jiménez del Tul
The Jiménez del Teul Property is 100% owned by First Majestic Silver Corp. The property consists of mining concessions that cover 14,504 hectares and is located in western Zacatecas State, Mexico.
Los Amoles
The Los Amoles Property is 100% owned by First Majestic Silver Corp. The property consists of mining concessions that cover 2,166 hectares and is located in Villa Hidalgo, Sonora, Mexico.
San Martin Silver Mine
The San Martin Silver Mine is 100% owned by First Majestic Silver Corp. The mine holds 33 contiguous mining concessions in the San Martin de Bolaños mining district that cover mineral rights for 38,512 hectares. On July 7, 2026, the Company announced that it had entered into a definitive agreement to sell the San Martin mine to a private Mexican company, subject to customary closing conditions.
04
Springpole Silver Stream
Springpole Silver Stream
On June 11, 2020, First Majestic announced that it has agreed to acquire from First Mining, a stream on 50% of payable silver produced from the Springpole Gold Project located in Ontario, Canada.
