Silver Price: $32.69
NYSE: AG $5.68
TSX: AG $8.06
Frankfurt: FMV €5.44

Overview

The Cerro Los Gatos Mine is 70% owned by First Majestic Silver Corp. and is comprised of mining concessions that totals approximately 103,000 hectares. The remaining 30% is owned by Dowa Metals & Mining Co., Ltd.

The Cerro Los Gatos mine operation consists of an underground mine, processing plant and associated surface facilities. The CLG processing plant employs a conventional design and flotation technology typical of silver-zinc-lead operations. The processing flow sheet is comprised of a crushing and grinding circuit, including jaw crusher, semi-autogenous grinding (SAG) mill and ball mill, which feeds a flotation plant consisting of lead and zinc flotation circuits (including rougher, regrind and cleaner stages), lead and zinc concentrate thickening, and tailings thickening. The current operating throughput target is approximately 3,500 tpd.

Stage

Production

Resource

Silver / Zinc / Lead / Gold / Copper

Ownership

70% FIRST MAJESTIC
30% DOWA METALS & MINING

Hectares

103,140

2024 Production (100% BASIS)

15.6M AGEQ OZ
(9.7M AG OZ + 59.7M ZN LBS + 46.4M PB LBS + 53K AU OZ)

2024 ALL-IN SUSTAINING COSTS

N/A – ACQUIRED JANUARY 16, 2025

Proven & Probable Reserves

TBA

Measured & Indicated

TBA

Inferred

TBA

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