First Majestic Announces Successful 2025 Exploration Results at Jerritt Canyon

First Majestic Silver Corp. (NYSE:AG) is one of the most buzzing stocks to buy with the highest upside potential. On March 11, First Majestic Silver announced results from its 2025 exploration program at the Jerritt Canyon Gold Mine in Nevada. The campaign included ~18,300 meters of drilling across 57 holes, focusing on targets such as Mahala, Javelin, and Saval. According to the CEO, the findings reinforce the potential for expanding Mineral Resources in the district, identifying opportunities for both near-surface open-pit and deeper underground mining across the company’s 30,000-hectare land package.

Significant drilling highlights were reported in the Mahala-to-Javelin expansion corridor, located between the Smith and SSX mines. Surface drilling at the Javelin target indicated that the gold mineralized zone is thicker than previously modeled, with notable intercepts including 7.6 meters at 9.43 g/t Au. At the Mahala target, exploration east of the known resource boundary intersected 24.4 meters grading 3.44 g/t Au, suggesting that mineralization remains open toward Javelin and potentially above the water table in rising stratigraphy.

The 2025 program also evaluated shallow mineralization near historical open pits at the Saval target. In the East Saval area, drill hole SC-25-003 yielded an interval of 51.8 meters grading 1.48 g/t Au, which may represent an extension of the Saval trend or a link to the underground SSX Gridiron target. These results, alongside various intercepts at the Boilermaker, Murray, and Winter’s Creek areas, provide a foundation for further investment to define the geometry and continuity of these gold-bearing systems.

First Majestic Silver Corp. (NYSE:AG) acquires, explores, develops, and produces mineral properties in North America. The company explores for silver and gold deposits.

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