Proven and Probable Reserves Increase by 224 Percent at First Majestic Silver’s San Martin Mine
May. 29, 2013 03:50AM PST
Silver InvestingMining Weekly reported that First Majestic Silver tripled the proven and probable reserve estimate at San Martin mine on an updated National Instrument 43-101 report.
Mining Weekly reported that First Majestic Silver tripled the proven and probable reserve estimate at San Martin mine on an updated National Instrument 43-101 report.
As quoted in the Mining Weekly report:
First Majestic said the proven and probable reserves increased by 224% to 22-million silver ounces and the life-of-mine (LoM) increased to 9.5 years at the higher throughput rate.