First Majestic Silver
IRW-News: First Majestic Silver
IRW-PRESS: First Majestic Silver: First Majestic Silver Corp.: Neue Emission - Etwa $ 45 Millionen
First Majestic Silver Corp.: Neue Emission - Etwa $ 45 Millionen
First Majestic Silver Corp. (First Majestic oder das Untenehmen) unterzeichnete heute ein Abkommen mit einem Zeichnerkonsortium unter der Leitung von CIBC World Markets Inc., zu dem auch Blackmont Capital Inc., Cormark Securities Inc. und GMP Securities L.P. zählen. Gemäß dem Abkommen einigten sich die Zeichner auf den Kauf von 8.500.000 Einheiten (Einheiten) von First Majestic zu einem Emissionspreis von $ 5,35 pro Einheit, was ein gesamtes Offering von etwa $ 45 Millionen darstellt (das Offering). Jede Einheit wird aus einer Stammaktie (eine Stammaktie) des Kapitals von First Majestic und einem halben Warrant auf den Kauf einer weiteren Stammaktie bestehen. Jeder ganze Warrant auf den Kauf einer Stammaktie (ein Warrant) berechtigt seinen Besitzer, innerhalb eines Zeitraums von 24 Monaten nach dem Abschluss des Offerings eine zusätzliche Stammaktie zu einem Preis von $ 7,00 zu erwerben. Das Unternehmen gewährt den Zeichnern eine Option (bis zu 30 Tage nach dem Abschluss des Offerings wahrnehmbar) auf den kauf von bis zu weiteren 15% der Anzahl der Stammaktien und Warrants zum Emissionspreis. Der Abschluss wird für 25. März 2008 erwartet.
Das Unternehmen plant, Teile der Nettoeinnahmen aus dem Offering für die Erweiterung der Mühlenkapazität an den drei produzierenden Silberminen des Unternehmens in Mexiko zu verwenden: La Parrilla, La Encantada und San Martin. Zudem wird ein Teil der Nettoeinnahmen für die laufenden Erschließungs- und Explorationsprogramme, die zurzeit im Gange sind, und als allgemeines Betriebskapital verwendet.
Der Abschluss des Offerings unterliegt bestimmten Bedingungen, einschließlich, jedoch nicht darauf beschränkt, des Erhaltes aller erforderlichen regulativen Wertpapiergenehmigungen sowie der Genehmigung durch die Toronto Stock Exchange.
Das Offering wird in allen kanadischen Provinzen durchgeführt (ausgenommen Quebec) und unterliegt der Genehmigung von regulativen Behörden. Die angeboten Wertpapiere wurden nicht gemäß dem U.S. Securities Act von 1933 registriert und dürfen daher in den Vereinigten Staaten nicht angeboten oder verkauft werden, sofern keine Ausnahme vorliegt. Diese Pressemitteilung darf nicht als Kauf- oder Verkaufsangebot angesehen werden. Auch dürfen in Staaten, in denen ein solches Angebot oder ein solcher Verkauf rechtswidrig wären, keine Verkäufe stattfinden.
FÜR ZUSÄTZLICHE INFORMATIONEN schreiben Sie bitte an info@firstmajestic.com; besuchen Sie unsere Website unter www.firstmajestic.com oder setzen Sie sich kostenlos mit uns unter der Rufnummer 1.866.529.2807 telefonisch in Verbindung.
FIRST MAJESTIC RESOURCE CORP.
unterzeichnet
Keith Neumeyer, President & CEO
Diese Presseveröffentlichung beinhaltet gewisse vorhersagende Aussagen in Zusammenhang mit der Auslegung gemäß Abschnitt 21E des modifizierten amerikanischen Wertpapiergesetztes von 1934. Alle hierin beinhalteten Stellungnahmen, außer denen die historische Tatsachen darstellen, wie z.B. Stellun gnahmen hinsichtlich potenzieller Mineralisierung und Reserven, Erforschungsergebnisse und zukünftige Pläne und Ziele der First Majestic Resource Corp. (News) sind zukunftsorientierte Aussagen, die gewissen Risiken und Unsicherheiten unterliegen. Es gibt keine Garantie, dass diese Angaben richtig sind. Die tatsächlichen Ergebnisse und zukünftige Ereignisse können wesentlich von denen in diesen Angaben in Aussicht gestellten Ergebnissen abweichen.
Für die Richtigkeit der Übersetzung wird keine Haftung übernommen! Bitte englische Originalmeldung beachten!
Die englische Originalmeldung finden Sie unter: [http://www.irw-press.at/press_html.aspx?messageID=10629]
und erstaunt das die 3.30 munter verteidigt werden
Closing of $45,475,000 Offering
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First Majestic Silver Corp. ("First Majestic" or the "Company") is pleased to announce the successful completion today of the offering announced on March 5, 2008. A syndicate of underwriters led by CIBC World Markets Inc. and including Blackmont Capital Inc., Cormark Securities Inc. and GMP Securities L.P., have purchased 8,500,000 Units ("Units") from First Majestic at an issue price of $5.35 per Unit (the "Offering"). Each Unit consists of one common share (a "Common Share") in the capital of First Majestic and one-half of one Common Share purchase warrant. Each whole Common Share purchase warrant (a "Warrant") entitles the holder to acquire one additional Common Share at a price of $7.00 for a period of 24 months from the closing of the Offering. The underwriters have an option, exercisable up until 30 days following closing of the offering, to purchase up to an additional 1,275,000 Common Shares (the "Option Shares") at a price of $5.07 per Option Share and up to an additional 637,500 Warrants at a price of $0.56 per Warrant.
The Company plans to use the net proceeds of the offering for mill expansion plans to increase the company's production capacities going forward, ongoing development and exploration programs presently underway, and for general working capital.
First Majestic is a producing silver company focused in Mexico and is aggressively pursuing its business plan to become a senior silver producer through the development of its existing assets and the pursuit through acquisition of additional assets that contribute to achieving its corporate growth objectives.
The securities offered have not been registered under the U.S. Securities Act of 1933, as amended, and may not be offered or sold in the United States absent registration or an applicable exemption from the registration requirements. This press release shall not constitute an offer to sell or the solicitation of an offer to buy nor shall there be any sale of the securities in any State in which such offer, solicitation or sale would be unlawful.
For further information please contact: info@firstmajestic.com, visit our website at www.firstmajestic.com or call our toll free number 1.866.529.2807.
FIRST MAJESTIC SILVER CORP.
First Majestic Silver Corp.: Discovery of New High Grade Ore Shoot on the Vacas Vein at the La Parrilla Silver Mine
VANCOUVER, BRITISH COLUMBIA--(Marketwire - April 1, 2008) - First Majestic Silver Corp. (TSX:FR)(PINK SHEETS:FRMSF)(FRANKFURT:FMV)(WKN:A0LHKJ) is pleased to announce that it has identified and defined a new silver-lead- zinc-rich vein and replacement zone located about 2.5 km southeast of the main Rosario vein area within the Company's property boundaries at the La Parrilla Silver Mine. The discovery appears to represent the southern extension to the San Marcos and vein and replacement system delineated by the Company to the north of Vacas. The new ore-deposit area has been named Vacas. The Company has received the assay results from fifteen drill holes in the Vacas area.
Mineralization at the Vacas ore body is a typical assemblage of a metasomatic system of mineralization including: replacement mantos, vein type structures, dissemination and skarn related deposits which occur in association with igneous rocks like dikes and stocks intruding a sequence of cretaceous limestone rocks. Sulphides consist of pyrite, sphalerite, galena, some chalcopyrite and argentite with calcite and quartz as gangue minerals. Similar geologic conditions exist at San Martin/Sabinas (Grupo/Penoles); Chalchihuites and other districts close to La Parrilla Mining District.
Old historic mining works and an initial diamond drill program executed by Grupo Mexico in this area in the 1970's consisting of 9 diamond drill holes with a total of 2,837 meters of which 5 holes indicated that economic ore existed in this area, however those holes did not confirm the continuity of the structure. First Majestic designed a new diamond drill program to test and confirm the historic information. The total program to date has consisted of 31 diamond drill holes with a total of 10,221 meters drilled, of which 15 holes intercepted the ore body. The average grade over the 15 holes is; 623 grams per ton of silver equivalent and an average true width of 3.84 meters in a section of 260 X 300 meters. These intercepts ranged from a grade of 259 to 1,508 g/t of silver equivalent and from a true width of .52 to 15.87 meters. The drill hole VC-31, has pending results from the laboratory.
Keith Neumeyer, President and CEO commented, "This is the fifth mineralized area identified and defined within the surrounding ground of the original 350 hectare property which now consists of an entire district of 53,249 hectares. The La Parrilla mining district continues to show a significant and wide spread mineralized system. Results of geophysical studies carried out by the Company in 2007 and Grupo Mexico in the past in this area indentified an anomaly at the Vacas area that has now been confirmed with this drilling program. In addition, several additional targets have been defined which have the potential for vein and replacement type ore bodies at La Parrilla. Drilling and development continues in an ongoing basis to evaluate these targets. This exploration program will continue with a focus on increasing the Reserves and Resources to support a decision to increase the mill capacity going forward."
Due to the encouraging results received to date, the Company has two rigs presently drilling in the Vacas area to define the lateral extension and the continuity at depth of the Vacas Orebody. In addition, a 1.5 km ramp from surface is under construction in order to access the Orebody from underground.
Highlights of the results from the Diamond Drill Holes include:
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Ag
From To Length True Ag Pb Zn Eqv.
Hole # (m) (m) (m) Width g/t % % (g/t)
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VC-01 267.75 270.00 2.25 1.95 328 7.19 3.99 841
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VC-01 277.40 282.00 4.60 4.00 311 6.37 7.16 912
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VC-02 263.00 265.15 2.15 1.86 127 3.46 15.03 899
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VC-03 289.25 289.85 0.60 0.52 137 3.53 4.50 491
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VC-04 242.30 244.15 1.85 1.60 332 3.67 6.19 760
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VC-08 238.65 240.70 2.05 1.57 386 8.42 8.16 1,126
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VC-10 264.35 275.35 9.15 7.01 299 7.37 7.25 952
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VC-11 311.40 322.60 11.20 7.92 79 0.89 11.15 569
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VC-14 338.90 343.30 4.40 3.11 138 0.65 6.70 438
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VC-24 300.20 302.60 2.40 1.70 545 10.44 11.25 1,508
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VC-25 319.15 323.25 4.70 3.32 352 3.68 9.33 906
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VC-26 291.10 292.60 1.50 1.06 68 1.74 7.38 449
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VC-27 352.20 357.55 5.35 3.78 82 0.53 6.44 366
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VC-28 328.95 334.60 6.25 4.42 59 1.31 3.39 259
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VC-29 377.30 399.75 22.45 15.87 91 1.14 4.51 328
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VC-30 367.20 369.85 2.65 1.81 437 5.88 6.64 992
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(1) Estimates by First Majestic, reviewed by PA&H. "In-situ" Resources with
no mill recovery included.
(2) Silver equivalent based on prices used: Ag: $17.88, Pb: 1.28 lb;
Zn-$1.04 lb (Prices March 28, 2008)
(3) Holes VC-01 to VC-10 and VC-14, assays from Inspectorate Laboratory
This mineralization is an extension of the previously identified Indicated and Inferred Resources in the Company's Amended Technical Report for La Parrilla Silver Mine dated March 18, 2008 for the Vacas area.
Quality Assurance & Quality Control
Following detailed geological and geotechnical logging, drill core samples are split on-site by diamond saw. One quarter of the core is submitted to La Parrilla certified laboratory for sample preparation and analysis, which are assayed for silver by standard fire assay methods and lead and by atomic absorption. The other quarter of the core is shipped to the Inspectorate preparation laboratory in Durango, Mexico for drying, crushing and pulverizing. Inspectorate Mexico then sends the pulps by air-freight to Inspectorate America Corporation in Sparks, Nevada for assaying for gold and silver by fire assay and 30 elements ICP package. Systematic assaying of standards and blanks are performed for precision and accuracy; check assays are regularly conducted by Inspectorate America Corporation. The remaining half core is retained on-site for verification and future reference purposes.
Qualified Person
Mr. Leonel Lopez, P.Geo., from Pincock Allen & Holt in Denver, CO. is the Company's Qualified Person as defined by National Instrument 43-101 and is responsible for the accuracy of the technical information contained in this news release.
First Majestic is a producing silver company focused in Mexico and is aggressively pursuing its business plan to become a senior silver producer through the development of its existing assets and the pursuit through acquisition of additional assets that contribute to achieving its corporate growth objectives.
FIRST MAJESTIC SILVER CORP.
Keith Neumeyer, President & CEO
This press release includes certain "Forward-Looking Statements" within the meaning of section 21E of the United States Securities Exchange Act of 1934, as amended. All statements, other than statements of historical fact, included herein, including without limitation, statements regarding potential mineralization and reserves, exploration results and future plans and objectives of First Majestic Silver Corp. are forward-looking statements that involve various risks and uncertainties. There can be no assurance that such statements will prove to be accurate and actual results and future events could differ materially from those anticipated in such statements.
For more information, please contact
First Majestic Silver Corp.
Keith Neumeyer
President & CEO
Toll Free: 1-866-529-2807
(604) 639-8873 (FAX)
Email: info@firstmajestic.com
Website: www.firstmajestic.com
Click here to see all recent news from this company
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FIRST MAJESTIC SILVER CORP. (FR-T) (the "Company") is pleased to announce that a conference call and webcast has been scheduled on April 29, 2008 at 11:00 a.m. (Pacific Time) to discuss the results of the first quarter silver production and the Company's 2007 year-end financial statements.
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demnach wird es heute wieder interessant; kann mir gut vorstellen, dass die Q1-Zahlen bereits den Break-Even-Point übersprungen habe. Das wär natürlich der Hit und die Trendwende im momentanen Kursverlauf; die 3-Euro-Mark sollte dann diese Woche noch anvisiert werden. Mal schauen, ob aus den schnellen 20% was wird...
First Majestic Silver Corp.: 1st Quarter Production Results
Tuesday April 29, 9:40 am ET
VANCOUVER, BRITISH COLUMBIA--(MARKET WIRE)--Apr 29, 2008 -- First Majestic Silver Corp. ("First Majestic" or the "Company") (Toronto:FR.TO - News)(Other OTC:FRMSF.PK - News)(Frankfurt:FMV.F - News)(WKN: A0LHKJ) is pleased to announce that production in the first quarter ending March 31st 2008 increased again to a record 1,061,720 equivalent ounces of silver representing a 5% increase over the prior quarter production and an increase of 36% over the same quarter in the prior year.
The equivalent silver production for the quarter consisted of 895,358 ounces of silver representing a 5% increase from the prior quarter, 1,857,897 pounds of lead representing a 68% increase over the previous quarter, 240 ounces of gold representing a decrease of 49% and 318,539 pounds of zinc which represents the first zinc concentrates produced by the Company. During the quarter the combined recoveries of silver at the three different mills showed a decrease from 77% to 71% due to the start up of the Flotation circuit at San Martin, metallurgy and head grades. The overall average silver head grade in the quarter improved for the three mines increasing to 248 g/t of silver compared to the previous quarter of 240 g/t of silver.
The ore processed during the quarter at the Company's three operating silver mines; the La Parrilla Silver Mine, the San Martin Silver Mine and the La Encantada Silver Mine, amounted to 158,398 tonnes representing an 8% increase over the previous quarter and an increase of 16% over the same quarter of 2007.
The Company's aggressive development program continues at all three mines. This activity is ongoing for the purpose of opening up additional producing stopes, improving grade control, and increasing resource development and exploration. A total of 6,006 meters of development was completed in the quarter compared with 5,346 metres of underground development completed in the previous quarter. This program is important as it provides access to new areas within the different mines and prepares the mines for continued growth of silver production in 2008.
Reserve and Resource development remains to be a top priority for the Company. Presently sixteen drill rigs are operating; four rigs at La Parrilla and three at the Chalchihuites, six rigs at San Martin and three rigs at La Encantada. Two additional rigs are being added at the San Martin, one additional rig is being deployed at La Parrilla, and one drill rig at the La Encantada, bringing the total to twenty rigs operating across the Company's properties by the end of May. Also, in line with the Company's aggressive resource development strategy, 10,256 meters of diamond drilling was completed during the quarter, covering a total of 47 holes. Plans for 2008 include the completion of over 82,000 metres of drilling and over 46,000 metres of underground development.
As a result of the recently completed equity offering of $45 million, the Company has been able to expand both its development and exploration programs, which will continue for the foreseeable future and will assist the Company in meeting its performance objectives. Furthermore, expansion programs at each mill are presently in the planning stage and will be announced as equipment is sourced and permitting is in place.
Management at First Majestic is focused on executing the Company's business plan by continuing the ongoing improvements at each mine and mill and achieving its production and resource targets. Management remains very encouraged by the continued progress occurring within the Company and thus is presently anticipating 5.3 million ounces of silver equivalent production for 2008.
First Majestic is a producing silver company focused in Mexico and is aggressively pursuing its business plan to become a senior silver producer through the development of its existing assets and the pursuit through acquisition of additional assets that contribute to achieving its corporate growth objectives.
FIRST MAJESTIC SILVER CORP.
Keith Neumeyer, President & CEO
IRW-PRESS: First Majestic Silver: First Majestic Silver Corp.: Finanzergebnisse des 1. Quartals: neuer Rekord
First Majestic Silver Corp.: Finanzergebnisse des 1. Quartals: neuer Rekord
FIRST MAJESTIC SILVER CORP. (FR-T) (das Unternehmen) freut sich, die ungeprüften Finanzergebnisse des Unternehmens für das erste Quartal bekannt zu geben, das am 31. März 2008 zu Ende ging. Die vollständige Version des Finanzberichtes ist auf der Website des Unternehmens unter www.firstmajestic.com oder auf SEDAR unter www.sedar.com verfügbar.
Keith Neumeyer, President und CEO, sagte: 2008 legten wir einen hervorragenden Start hin. Es gibt jedoch noch einige Herausforderungen und mehrere Verbesserungen, die entweder bereits im Gange sind oder die wir noch in diesem Jahr in Angriff nehmen werden. Der aktuelle Stand einer jeden der drei produzierenden Silberminen des Unternehmens ist im Moment äußerst viel versprechend. Das erste Quartal war das beste Quartal in der Geschichte des Unternehmens und zugleich das erste Quartal, in dem pro Aktie ein Gewinn erzielt wurde.
Highlights des 1. Quartals
Gesamteinnahmen um 28% gestiegen: $ 12,96 Millionen
Einnahmen aus den Minenbetrieben gestiegen: $ 4,7 Millionen
Nettoeinnahmen in diesem Quartal $ 1,0 Million
Betriebs-Cashflow im Quartal gestiegen: $ 4,8 Millionen
Gesamtes Äquivalent Silber im Vergleich zum vorherigen Quartal um 5% gestiegen: 1.061.720 Unzen
Gesamte Investitionskosten pro Silberunze in diesem Quartal: US$ 6,51
Gesamte Bergbaukosten pro Tonne in diesem Quartal: US$ 45,83
Barbestand am 31. März 2008: $ 52,8 Millionen
- Investitionskosten und Bergbaukosten pro Tonne sind keine GAAP-Maße
- Finanzinformationen in dieser Pressemitteilung basieren auf den Canadian GAAP
Zusammenfassung der Finanzergebnisse
Der Umsatzerlös betrug in diesem Quartal $ 12,96 Millionen eine Steigerung um 28% im Vergleich zum ersten Quartal 2007 ($ 10,16 Millionen).
Die Einnahmen aus den Minenbetrieben betrugen in diesem Quartal $ 4,7 Millionen; im ersten Quartal 2007 waren es $ 0,4 Millionen.
Das Unternehmen erwirtschaftete in diesem Quartal Einnahmen in Höhe von $ 1,5 Millionen; im ersten Quartal 2007 gab es einen betrieblichen Verlust von $ 1,4 Millionen.
Das Unternehmen verzeichnete im ersten Quartal 2008, das am 31. März zu Ende ging, erstmals einen Nettogewinn: $ 1.065.323 ($ 0,02 pro Aktie); im ersten Quartal 2007 gab es einen Nettoverlust von $ 3.061.899. Der Nettoertrag dieses Jahres resultierte aus einer unbaren aktienbasierten Zahlung von $ 1.108.216.
Das Unternehmen verfügt über einen Barbestand von etwa $ 53 Millionen, erzeugt beträchtliche Cashflows aus seinen Betrieben und ist ausreichend kapitalkräftig, um auch in naher Zukunft die Anforderungen seiner Betriebe erfüllen zu können, sofern es keine größeren Käufe tätigt oder größere Kapitalprojekte in Angriff nimmt.
In diesem Quartal betrug die gesamte Produktion 1.061.720 Unzen Silberäquivalent, einschließlich 895.358 Unzen Silber, 240 Unzen Gold und 1.857.897 Pfund Blei. In diesem Quartal wurden insgesamt 1.019.490 Unzen Silberäquivalent verschifft.
In diesem Quartal leistete das Unternehmen auf seinen Mineralgrundstücken Investitionsausgaben in Höhe von $ 5.593.433 und weitere $ 3.694.972 für die Anlagen und das Equipment.
Die direkten Investitionskosten betrugen im ersten Quartal, das am 31. März 2008 zu Ende ging, US$ 6,51 pro Unze Silber bei La Parrilla und La Encantada gemeinsam durchschnittlich $ 4,38. Die Kosten für die Inbetriebnahme des neuen Flotationskreislaufs und die geringen Gehalte des Sulfiderzes, mit dem die Mühle bei San Martin im März gespeist wurde, führten zu einem Anstieg der konsolidierten Investitionskosten auf US$ 6,51. Man geht davon aus, dass die Kosten angesichts der im ersten Quartal bei San Martin durchgeführten Änderungen im zweiten Quartal ansteigen werden.
Ausblick 2008
Angesichts der weiterhin steigenden Reserven und Ressourcen des Unternehmens, liegt der Schwerpunkt des Unternehmens nach wie vor auf der Erweiterung seiner Mühlen- und Verarbeitungsbetriebe, um den Ertrag zu steigern. Das Management von First Majestic legt sein Hauptaugenmerk auf die Fortsetzung der laufenden Verbesserungen bei jedem Betrieb, um die Produktions- und Ressourcenziele für 2008 zu erreichen. Das Unternehmen peilt für das Jahr 2008 eine Silberäquivalentproduktion von 5,3 Millionen und eine Steigerung der Silberressourcen gemäß NI 43-101 an. Der Schwerpunkt des Unternehmens liegt auf der Errichtung von langfristigen und nachhaltigen Bergbaubetrieben; die Aktionäre können davon ausgehen, dass das Management von First Majestic ein Wachstum und profitable Bergbaubetriebe anpeilt.
Zu den bisher im Jahr 2008 durchgeführten Verbesserungen zählen: der Abschluss des Flotationskreislaufs bei San Martin; das Austauschen des sekundären Brechers bei La Encantada; und zwei neue Filterpressen bei La Parrilla.
Ein wichtiger Teil bei der Verbesserung der Bergbaueffizienz und -kosten sind die 20 Stück Untergrund-Equipment, die für das Jahr 2008 bestellt wurden; zwölf davon sind bereits eingetroffen. Dieses neue Equipment beinhaltet Schaufelbagger, Untergrund-LKWs und Jumbos.
Weitere Verbesserungen befinden sich entweder in der Planungsphase oder sind für den Rest des Jahres geplant und beinhalten: Mühlenerweiterungspläne bei La Encantada, die voraussichtlich im zweiten Quartal umgesetzt werden; ein umfassendes geophysikalisches Programm ist für das Grundstück La Encantada geplant; Änderungen bei San Martin sind im Gange, um die Tonnagen zu steigern und die Kosten pro Tonne zu senken; die Erweiterung der Mühle San Martin befindet sich im frühen Planungsstadium; das Projekt Chalchihuites wird einem umfassenden Erschließungsprogramm unterzogen, welches auch Diamantbohrungen beinhaltet, um im Juli einen Bericht gemäß NI 43-101 veröffentlichen zu können; auf dem Projekt Cuitaboca wird ein Explorations- und Erschließungsprogramm während des gesamten Jahres fortgesetzt, um bis Jahresende einen Bericht gemäß NI 43-101 zu veröffentlichen; im Laufe des Jahres werden für die Silberminen La Parrilla, La Encantada und San Martin jeweils aktualisierte Berichte gemäß NI 43-101 veröffentlicht werden.
Die Erschließung von Reserven und Ressourcen hat für das Unternehmen weiterhin höchste Priorität. Zurzeit sind 20 Bohrgeräte in Betrieb: fünf bei La Parrilla und drei bei Chalchihuites, neun bei San Martin und drei bei La Encantada.
Die Pläne des Unternehmens für 2008 sehen auch Bohrungen auf über 82.000 m und Untergrunderschließungen auf über 46.000 m vor.
First Majestic ist ein produzierender Silberförderer, der sich auf Mexiko konzentriert und aggressiv sein Ziel verfolgt, durch Entwicklung seiner vorhandenen Vermögenswerte und den Erwerb weiterer Projekte, die zu den Wachstumszielen des Unternehmens passen, zu einem führenden Silberproduzenten zu werden.
Weitere Informationen erhalten Sie von info@firstmajestic.com, oder auf unserer Website unter www.firstmajestic.com oder unter unserer gebührenfreien Rufnummer +1.866.529.2807.
FIRST MAJESTIC SILVER CORP.
unterzeichnet
Keith Neumeyer,
President & CEO
Diese Pressemitteilung enthält bestimmte Prognosen für die Zukunft im Sinne des Abschnitts 21E des US-Wertpapiergesetzes (US Securities Exchange Act) von 1934 in der geltenden Fassung. Alle Aussagen, die sich nicht nur auf Tatsachen der Vergangenheit beziehen, beispielsweise Aussagen zu potentiellen Mineralisierungen und Reserven, Explorationsergebnissen und zukünftigen Plänen und Zielen der First Majestic Silver Corp. sind Prognosen mit verschiedenen Risiken und Unsicherheiten. Es kann nicht zugesichert werden, dass diese Aussagen exakt sind, und die tatsächlichen Ergebnisse und zukünftigen Ereignisse könnten wesentlich von den Erwartungen in diesen Aussagen abweichen.
Für die Richtigkeit der Übersetzung wird keine Haftung übernommen! Bitte englische Originalmeldung beachten!
Die englische Originalmeldung finden Sie unter:
[http://www.irw-press.at/press_html.aspx?messageID=11390]
dpa-AFX
Quelle: http://aktien.wallstreet-online.de/1051148/...en.html?news_id=2387560
Bin ich hier eigentlich Alleinunterhalter?
kann dir nur zustimmen. FM ist eine der wenigen Rohstoffaktien die ich hab, wo ich mit der operativen Entwicklung zufrieden bin. Hier hat man wenigstens das Gefühl das was vorwärts geht!
Die Kursentwicklung ist natürlich schon enttäuschend! (bei der Stimmung für Rohstoffwerte aber auch kein Wunder!) Als Silber bei 10USD stand, war die Aktie auch nicht viel tiefer!
Wichtig für mich wär bloß noch, dass keine weiteren Kapitalerhöhungen kommen, sondern alles durch den eigenen Cash-Flow ausgebaut wird. Und wenn in absehbarer Zeit noch eine Mine dazukommen würde, hätte ich auch nichts dagegen! Aber Keith macht das schon!
http://stockcharts.com/h-sc/ui
First Majestic Silver Corp.: Major Expansion Launched at La Encantada Silver Mine
VANCOUVER, BRITISH COLUMBIA--(Marketwire - June 10, 2008) - First Majestic Silver Corp. (TSX:FR)(PINK SHEETS:FRMSF)(FRANKFURT:FMV)(WKN:A0LHKJ) is pleased to announce that ground breaking and construction of a new 3,500 tpd cyanidation circuit at the La Encantada Silver Mine, located in Coahuila Mexico will commence next week. The final permit from the Mexican authorities was received last week allowing for this expansion to begin immediately.
Construction of the new cyanidation circuit is expected to be completed by February 2009. The total budget for this major plant expansion is US$21.6 million and has an undiscounted Internal Rate of Return (IRR) of 80% representing a payback period of 14 months based on the assumption of US$15.00 per oz silver.
Historically, the La Encantada mill has had a capacity of 800 tpd and has been processing oxide ores from the mine through a flotation circuit to produce a lead/silver concentrate. The construction of the new 3,500 tpd cyanidation circuit will allow the Company to increase its recoveries of silver and to produce Dore bars as a finished product instead of concentrates. Due to the historically low recoveries yielded from the past 30 years using flotation at La Encantada, a large Resource has been created in the form of tailings that was defined in the Company's NI 43-101 report dated March 19, 2008. That 43-101 report defines 4,916,085 tonnes of tailings with an average grade of 150 g/t. Commencing in the first quarter of 2009, silver production will come from combining ore from the mine with tailings from surface. This expansion, will allow production to be expanded to 3,500,000 ounces of silver in 2009 and 4,000,000 ounces of silver in 2010. Production will be in the form of Silver Dore rather than concentrates which will significantly reduce smelting, refining & transportation costs of the finished product and thereby increasing the profitability of the La Encantada operation.
The metallurgical testing for the cyanidation process was executed at the SGS Metallurgical Laboratory in Durango, Mexico which included the testing of the different ores present and the tailings to be processed. This metallurgical testing confirmed historical tests completed by Penoles in 1985.
The mixture of ore and tailings as defined by the Company's expansion plan will consist of 700 tpd of raw ore from the mine with an average grade of 350 g/t with a recovery of 78%, plus 2,800 tpd of old flotation tailings with an average grade of 150 g/t and a recovery of 50%, resulting in combined recoveries of 60%.
This expansion project illustrates First Majestic's commitment to maintaining its aggressive plans of continuing the growth at each of its operations, of which management believes will bring substantial benefits to the Company's shareholders. La Encantada will be doubling its silver output in the coming year and will produce 100% silver in the form of Dore bars, reducing smelting treatment and freight charges and increasing the Company's leverage to the value of this important metal.
The Company's ongoing aggressive development and exploration program at La Encantada is continuing with the purpose of increasing both the oxide and sulphide Resources within the mine. In addition to this mill expansion, a total of 8,160 metres of underground development is scheduled for 2008. Presently, three diamond drill rigs are working underground and are scheduled to complete 7,600 meters of drilling in 2008. Additionally, to compliment this development and exploration program, a Geophysics team is presently on site at La Encantada completing a 46 kilometre regional geophysics program.
The exploration potential within La Encantada's 2900 hectare property boundary is very high as all the operations of the mine and the present Reserve/Resource are located in a small portion of the property covering only approximately 100 hectares. The Company's current development and exploration program is focusing on the definition of known areas and testing of new targets and is expected to result in significantly improved Reserves/Resources. The Company anticipates the next updated NI 43-101 Report on the La Encantada Silver Mine will be completed by late 2008.
First Majestic is a producing silver company focused in Mexico and is aggressively pursuing its business plan to become a senior silver producer through the development of its existing assets and the pursuit through acquisition of additional assets that contribute to achieving its corporate growth objectives.
FIRST MAJESTIC SILVER CORP.
Keith Neumeyer, President & CEO
This press release includes certain "Forward-Looking Statements" within the meaning of section 21E of the United States Securities Exchange Act of 1934, as amended. All statements, other than statements of historical fact, included herein, including without limitation, statements regarding potential mineralization and reserves, exploration results and future plans and objectives of First Majestic Silver Corp. are forward-looking statements that involve various risks and uncertainties. There can be no assurance that such statements will prove to be accurate and actual results and future events could differ materially from those anticipated in such statements.
First Majestic Silver Corp.: 2nd Quarter Production Shows Continued Ramp-Up
VANCOUVER, BRITISH COLUMBIA--(Marketwire - July 15, 2008) - First Majestic Silver Corp. (TSX:FR) (PINK SHEETS:FRMSF) (FRANKFURT:FMV) (WKN:A0LHKJ) ("First Majestic" or the "Company") is pleased to announce that production in the second quarter ending June 30th 2008 increased again to a record 1,271,141 equivalent ounces of silver representing a 20% increase over the prior quarter production and an increase of 49% over the same quarter in the prior year.
The equivalent silver production for the quarter consisted of 1,109,821 ounces of silver representing a 24% increase from the prior quarter, 1,987,551 pounds of lead representing a 7% increase over the previous quarter, 482 ounces of gold representing an increase of 101% and 82,758 pounds of zinc which represents a decrease of 74% compared to the previous quarter. During the quarter the combined recoveries of silver at the three different mines showed a minor decrease from 71% to 70%. The overall average silver head grade in the quarter for the three mines decreased to 230 g/t of silver compared to the previous quarter of 248 g/t of silver which was a result of the higher throughput achieved at each mill and a decrease of high grade ore being shipped from the Perseverancia Silver Mine due to construction.
The ore processed during the quarter at the Company's three operating silver mines; the La Parrilla Silver Mine, the San Martin Silver Mine and the La Encantada Silver Mine, amounted to a record production of 213,994 tonnes representing a 35% increase over the previous quarter and an increase of 37% over the same quarter of 2007. The La Parrilla Silver Mine is now operating over capacity and in addition, substantial increases in mining activity are occurring at the San Martin Silver Mine as a result of improvements made in the past quarters now taking effect.
The Company's aggressive development program continues at all three mines. This activity is ongoing for the purpose of opening up additional producing stopes, improving grade control, and increasing resource development and exploration. A total of 7,161 meters of development was completed in the quarter compared with 6,006 metres of underground development completed in the previous quarter. This program is important as it provides access to new areas within the different mines and prepares the mines for continued growth of silver production in 2008.
Reserve and Resource development remains to be a top priority for the Company. Presently 22 drill rigs are operating which represents one of the largest drilling programs in Mexico; with seven rigs at La Parrilla, three at the Chalchihuites, nine at San Martin and three at La Encantada. In addition, two more rigs are being added, one at the San Juan Silver mine and one additional rig is being deployed at La Parrilla. This will bring the total to twenty four rigs operating across the Company's properties by the end of July. Also, in line with the Company's aggressive resource development strategy, 20,325 meters of diamond drilling was completed during the quarter showing an increase with respect to the previous quarter of 98%, covering a total of 92 holes. Plans for 2008 include the completion of over 82,000 metres of drilling and over 46,000 metres of underground development.
As a result of the recently completed equity offering of $45 million, the Company has been able to expand both its development and exploration programs, which will continue for the foreseeable future and will assist the Company in meeting its performance objectives. Furthermore, expansion programs at La Parrilla and San Martin Silver Mines are presently in the planning stage and ground breaking and construction of the new 3500 tpd Cyanide mill at the La Encantada Silver Mine is now underway.
Management at First Majestic is focused on executing the Company's business plan by continuing the ongoing improvements at each mine and mill and achieving its production and resource targets for 2008.
First Majestic is a producing silver company focused in Mexico and is aggressively pursuing its business plan to become a senior silver producer through the development of its existing assets and the pursuit through acquisition of additional assets that contribute to achieving its corporate growth objectives.
FIRST MAJESTIC SILVER CORP.
Keith Neumeyer, President & CEO
This press release includes certain "Forward-Looking Statements" within the meaning of section 21E of the United States Securities Exchange Act of 1934, as amended. All statements, other than statements of historical fact, included herein, including without limitation, statements regarding potential mineralization and reserves, exploration results and future plans and objectives of First Majestic Silver Corp. are forward-looking statements that involve various risks and uncertainties. There can be no assurance that such statements will prove to be accurate and actual results and future events could differ materially from those anticipated in such statements.
For more information, please contact
First Majestic Silver Corp.
Keith Neumeyer
President & CEO
(604) 688-3033 or Toll Free: 1-866-529-2807
(604) 639-8873 (FAX)
Email: info@firstmajestic.com
Website: www.firstmajestic.com
Click here to see all recent news from this company
First Majestic Silver Corp.: Major Intersection at San Juan Silver Mine; Drill Hole Intersects 74.20 Metres (243 ft) of 359 g/t Ag, 7.07% Pb & 7.60% Zn
VANCOUVER, BRITISH COLUMBIA--(Marketwire - July 17, 2008) - First Majestic Silver Corp. (TSX:FR)(PINK SHEETS:FRMSF)(FRANKFURT:FMV)(WKN:A0LHKJ) ("First Majestic" or the "Company") is pleased to announce additional drill results from the ongoing drilling program at the San Juan Silver Mine located in Zacatecas, Mexico.
The San Juan Silver Mine located within the Company's Chalchihuites Group of Properties is strategically located 60 km to the southeast of the Company's flagship La Parrilla Silver Mine and consists of 337 hectares of contiguous mining claims which cover the Perseverancia Silver Mine and the San Juan Silver Mine.
Further to the Company's news releases dated December 3, 2007 and March 5, 2008 covering 8 holes, additional assay results have now been received. Highlights of Hole SSJ-04 which intersected 74.20 metres (243 ft) at an average grade of 359 g/t Ag, 7.07% Pb and 7.60% Zn in massive sulphides which is summarized below showing the most significant intervals.
--------------------------------------------------
Inter- Inter- Ag
Hole From To section section Ag Pb Zn Eqv
SSJ-04 (m) (m) metres Feet g/t % % g/t
--------------------------------------------------
Interval 423.00 436.25 13.25 43.46 107 3.44 4.20 335
--------------------------------------------------
Incl. 429.00 431.00 2.00 6.56 401 10.63 2.49 777
--------------------------------------------------
Interval 463.45 537.65 74.20 243.38 359 7.07 7.60 795
--------------------------------------------------
Incl. 463.45 482.70 19.25 63.14 155 6.41 1.41 379
--------------------------------------------------
(i)Incl. 469.05 472.60 3.55 11.64 605 24.42 0.66 1,311
--------------------------------------------------
Incl. 495.00 499.30 4.30 14.10 229 3.36 1.34 365
--------------------------------------------------
Incl. 499.30 504.35 5.05 16.56 2,806 52.10 13.67 4,695
--------------------------------------------------
Incl. 504.35 537.65 33.30 109.22 236 3.51 13.49 756
--------------------------------------------------
(i) Included in the previous interval
Note: metal prices used to calculate equivalency are based on prices at
July 7, 2008, of: Ag/oz equals US$17.77, Pb/lb equals US$0.7268, Zn/lb
equals US$0.8105.
Hole SSJ-04 represents the discovery of a third deeper massive sulphide deposit which is 25 metres below the two other ore bodies discovered by previous drilling. This newly discovered deposit consists of a sequence of replacements and veins of massive galena and sphalerite with high silver content and disseminated mineralization in the contact between the skarn and the intrusive igneous rock.
Additional drilling, which is presently underway at the San Juan continues to show consistent mineralization over broad width with high grades of silver, lead and zinc. Extensions of these zones remain open at depth and to the West. Due to the significance of these results and the previously released results, the Company has decided to increase the number of drill rigs from three to four.
In addition to the 26 drill holes completed to date at the San Juan Silver Mine, 2,850 metres of development has been completed consisting of an access ramp and six underground cross cuts to test and probe the continuity of the mineralized ore body. Results for the eight initial holes at San Juan and the first four crosscuts were previously released on December 3, 2007 and March 5, 2008.
Results of thirteen additional drill holes are pending from the laboratory assays. These assays will be released as they become available.
An updated longitudinal section, and plan view map showing the location of the drill holes, and the sampled crosscuts will be posted on First Majestic's website at www.firstmajestic.com when available.
Quality Assurance & Quality Control
Following detailed geological and geotechnical logging, drill core samples are split on-site by diamond saw. One half of the core is submitted to the SGS Laboratory facility in Durango, Mexico. The remaining half core is retained on-site for verification and reference. Following preparation, sample pulps are assayed by the same laboratory where they are assayed for gold and silver by standard fire assay methods using a gravimetric finish. Multi-element analyses are also completed for each sample by ICP methods. The QA-QC program at San Juan includes the blind insertion of certified reference standards for silver and gold at a frequency of approximately 1 per 15 normal samples and the insertion of assay blanks at a frequency of approximately 1 per 15 normal samples. All sample results reported in this news release correspond to NQ diameter core.
Qualified Person
Mr. Leonel Lopez, P.Geo., from Pincock Allen & Holt in Denver, CO. is the Company's Qualified Person as defined by National Instrument 43-101 and is responsible for the accuracy of the technical information contained in this news release.
First Majestic is a producing silver company focused in Mexico and is aggressively pursuing its business plan to become a senior silver producer through the development of its existing assets and the pursuit through acquisition of additional assets that contribute to achieving its corporate growth objectives.
FIRST MAJESTIC SILVER CORP.
Keith Neumeyer, President & CEO
This press release includes certain "Forward-Looking Statements" within the meaning of section 21E of the United States Securities Exchange Act of 1934, as amended. All statements, other than statements of historical fact, included herein, including without limitation, statements regarding potential mineralization and reserves, exploration results and future plans and objectives of First Majestic Silver Corp. are forward-looking statements that involve various risks and uncertainties. There can be no assurance that such statements will prove to be accurate and actual results and future events could differ materially from those anticipated in such statements.
For more information, please contact
First Majestic Silver Corp.
Keith Neumeyer
President & CEO
(604) 688-3033 or Toll Free: 1-866-529-2807
(604) 639-8873 (FAX)
Email: info@firstmajestic.com
Website: www.firstmajestic.com
Click here to see all recent news from this company
Last: Change: Volume: Day High: Day Low:
4.080 -0.140 283,021 4.280 4.080
First Majestic Silver Corp. is a pure silver producing mining company focused in Mexico. The Company strives for continued growth with a proven aggressive growth strategy based on acquisition and development of advance staged silver projects.
This past year the Company focused on the consolidation of its three producing silver mines in Mexico - La Parrilla, La Encantada, and San Martin Silver Mines - with 90% of its overall revenues from the sale of silver. For the year ending 2007, First Majestic’s produced 3.6 million ounces compared to 1.6 million in 2006. In addition, at the year ended 2007, 164 million ounces of NI 43-101 compliant silver resources were defined, compared to approximately 70 million ounces defined by the end of 2006.
First Majestic has excelled in acquisition of long term sustainable projects and has set itself apart from others in the silver space lead by President and CEO, Keith Neumeyer, founder of First Quantum Minerals, a successful copper company; alongside with COO Ramon Davila who has over 30 years of mining experience in Mexico, most recently with Pan American Silver. This management team has led the Company to incredible growth over the last 3 years, growing from 85 to almost 1300 employees corporate wide with continued growth on the horizon! With a solid team in place, the Company expects to achieve continuous growth in silver production and resource development going forward.
The flagship, La Parrilla Silver Mine continues its positive growth, now with a land package of over 53,000 hectares. With 6 drill rigs operating, the company continues with its strategy of regularly updating its NI 43-101 compliant resources. With a mill capacity of 800tpd, First Majestic is anticipating 1.8 million ounces in production in 2008 from this operation.
The nearby Chalchihuites Group of Properties is complimenting this flagship mine as high grade ore, averaging over 900 g/t Ag and 24% Pb, is being extracted from the Perseverancia Silver Mine and shipped to the La Parrilla mill. These shipments are expected to continue and increase to 200tpd by the second quarter of 2008.
At First Majestic’s second producing mine, the San Martin Silver Mine; limited exploration and development and lacked of re-investment under the previous owners required First Majestic to commence an extensive re-development and exploration program. 5 drill rigs are presently operating on site with a defined NI 43-101 Resource of 44 million ounces of silver. The main objective moving forward at this mine is providing a long term sustainable operation with safer operations and improved mining techniques implemented on all levels within the operation. The company is also re-developing and exploring old and unexplored areas within the oxide zones for immediate and future production. Deeper sulphide zones are presently being developed for mining in 2008. Currently two exploration drifts are being driven and will take most of 2008 to complete. These long drifts are anticipated to not only add ounces to the Company’s resources, but also increase production levels moving forward. By the second quarter of 2008, construction of a flotation circuit should be complete, which will take advantage of the sulphide areas within the mine. The company anticipates that silver production for 2008 will reach 1.5 million ounces with further increases expected in 2009.
First Majestic’s third producing mine, the La Encantada Silver Mine, produced 1.2 million ounces in 2007. This property is approximately 2900 hectares in size and is a chimney and mantos type system versus the vein type systems at the Company’s other mines. Mill capacity is now running at 85%, an increase from 35% a year earlier. There are currently 3 drill rigs on-site, with a reported 75 million silver ounces of NI 43-101 compliant resources. Permitting has begun to construct a cyanide circuit within the mill in order to further ramp up production for the latter half of 2008 and into 2009.
All in, First Majestic has NI 43-101 compliant global silver resource of 184 million ounces which was defined in January 2008. A total of fourteen diamond drill rigs are presently drilling to continue to define and explore for additional resources. The Company expects it will reach approximately 300 million NI 43-101 compliant silver ounces by the end of 2008.
Management is committed to remain aggressive and to build one of the largest senior silver-producing mining companies focused on Mexico. First Majestic now owns three producing silver mines that will collectively produce approximately 5 million ounces of silver in 2008.
Jeder sollte daraus die eignenen Schlüsse ziehen.
Schrecklich, dieses Explorer-Desaster. Aber wer seit Anfang 2008 noch Explorer empfiehlt, hat keine Ahnung.
Mich als Hobbyzocker interessiert nur eines, nämlich dass man hier kein Geld mehr machen kann.
Ende der Durchsage.