Silver Production up 25%; Reaches 97% Pure Silver and Maintains Status as “Purest Silver Company in the World”
First Majestic Silver Corp. (“First Majestic” or the “Company”) is pleased to announce that production in the first quarter of 2011 reached 1,825,366 equivalent ounces of silver, representing a 13% increase over the 1,619,403 equivalent ounces of silver produced in the first quarter of 2010. Production during the quarter consisted of 1,769,209 ounces of silver, making First Majestic’s first quarter production 97% pure silver, the highest in the silver mining industry.