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First Majestic gets permits to build Santo Niño, Navidad portals at Santa Elena mine

PUBT·06/25/2026 20:16:42
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First Majestic gets permits to build Santo Niño, Navidad portals at Santa Elena mine
  • First Majestic Silver received permits to build new underground portals at the Santo Niño and Navidad targets at its Santa Elena mine in Sonora.
  • Plans a USD 12 million 2026 spend to advance underground access, positioning Santo Niño for near-term mining.
  • Work includes portal construction in 2H 2026, about 800 m of decline development at Santo Niño, about 1,300 m of ramp development toward Navidad.
  • Infill drilling in 2026 reported higher-grade silver-gold intercepts, supporting potential conversion of inferred resources to indicated at both targets.
  • Scoping-level work flagged dedicated underground access as the preferred development route, with management pointing to potential mine-life extension at Santa Elena.


Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. First Majestic Silver Corp. published the original content used to generate this news brief via Newsfile (Ref. ID: 202606251615NEWSFILECNPR____20260625_302888_1) on June 25, 2026, and is solely responsible for the information contained therein.