First Majestic reports 16% decline in reserves, adds to resources

(Kitco News) – First Majestic Silver announced today that Proven and Probable Mineral Reserves (“P&P”) at the company’s three producing material assets totaled 62.2 million ounces of silver and 606,000 ounces of gold, or 121.5 million silver equivalent ounces, representing a 16% decrease compared to previous estimates.

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