First Majestic Silver Corp.
First Majestic owns 100% of three producing silver mines in Mexico; the San Dimas Silver & Gold Mine, the Santa Elena Silver & Gold Mine, and the La Encantada Silver Mine.
The Company’s first mine, the La Parrilla Silver Mine was acquired in 2004. Located approximately 65 kilometres southeast of the city of Durango in Durango State, México, is a complex of producing underground operations consisting of the Rosarios, La Blanca and San Marcos mines which are interconnected through underground workings, and the Vacas and Quebradillas mines which are connected via above-ground gravel roads. The total mining concessions consist of 69,478 hectares. The Company owns 60 hectares and leases an additional 107 hectares of surface rights, for a total of 167 hectares of surface rights. La Parrilla includes a 2,000 tpd dual-circuit processing plant consisting of a 1,000 tpd cyanidation circuit and a 1,000 tpd flotation circuit, a central laboratory, buildings, offices and associated infrastructure.