First Majestic Silver Corp. reported production results for the quarter ended September 30, 2011. Production recorded at its three Mexican mining operations totaled 1,655,297 oz payable silver.
First Majestic Silver Corp. reported on ongoing metallurgical studies at their 100% owned La Encantada silver mine located in Coahila, Mexico. The company has decided to build a 500 tpd pilot plant at La Encantada to test the SO2 circuit. Efforts are continuing to increase the recoveries at La Encantada as the mixture of fresh ore to tailings was increased from 1:3 to 2:5 during the quarter; an additional 1,500 tpd ball mill is expected to be commissioned in the fourth quarter.
First Majestic Silver Corp. announced that total production at its three mines in Mexico for the third quarter ending September 30, 2011 reached
1,791,770 equivalent ounces of silver. Also, the Company announced the start of production at its La Parrilla Mine in Durango, Mexico.
