First Majestic Files NI 43-101 Technical Report for the Los Gatos Silver Mine

Original announcement by tmx on

Company
First Majestic Silver Corp.
Ticker
AG
Exchange
TSX
Region
Mexico
Primary commodity
Silver
Secondary commodities
Gold, Copper, Lead, Zinc
Document categories
Resource update
Extracted
2026-09-13 10:21:05 UTC

Analysis by Minestarters Atlas

Minestarters Atlas analysis

Summary

First Majestic Silver Corp. has filed an NI 43-101 Technical Report for the Los Gatos Silver Mine. The report supports mineral resource and reserve estimates effective December 31, 2025, and notes that no material changes have been made to previously disclosed estimates.

Reasoning: The document is a filing of a technical report that explicitly states it does not disclose any material change to the estimates previously disclosed in March 2026.

Positive factors

  • NI 43-101 compliant
  • QP signed

Negative factors

  • Stale Data Re-release

Facts used in scoring: 0

Classification and evidence

Stale Data Re-releasenegative · Story-specific tag

Historical results re-announced with no new assays or reinterpretation — low genuine novelty.

Why it applies: The report states it does not disclose any material change to the Mineral Resource and Mineral Reserve estimates previously disclosed in the Company's news release dated March 31, 2026.

Evidence · text

“The Technical Report does not disclose any material change to the Mineral Resource and Mineral Reserve estimates previously disclosed in the Company's news release dated March 31, 2026”

NI 43-101 Compliantpositive

Resource estimate prepared in compliance with NI 43-101 (Canada) — high reporting standard.

Why it applies: The report was prepared in accordance with National Instrument 43-101 Standards of Disclosure for Mineral Projects.

Evidence · text

“The Technical Report was prepared in accordance with National Instrument 43-101 Standards of Disclosure for Mineral Projects”

QP/CP Signedpositive

Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.

Why it applies: Multiple Qualified Persons (David Rowe, Andrew Pocock, etc.) are named as responsible for the resources and reserves.

Evidence · text

“The Technical Report was prepared in accordance with National Instrument 43-101 Standards of Disclosure for Mineral Projects ("NI 43-101") by Gonzalo Mercado, P.Geo., David Rowe, CPG, AIPG, Andrew Pocock, P.Eng., Hector Mezquita, RM MMSA and María Elena Vázquez Jaimes, P.Geo.”

Extracted facts

Stored fact records: 0. Some facts used in scoring do not have a stored record.

No stored fact records are available for this extraction.

How Atlas produces this analysis

Minestarters Atlas uses automated extraction to summarize mining announcements, identify reported measurements, and classify supporting evidence. Sentiment reflects the extracted narrative and classification rules; it is an interpretation, not a reported measurement. Evidence quotes and context are provided where available. Missing data, low-confidence results, and review flags indicate limitations. Check the original publisher announcement before relying on an interpretation.