First Majestic Announces Results of the 2025 Drilling Program at Jerritt Canyon Gold Mine

First Majestic Announces Results of the 2025 Drilling Program at Jerritt Canyon Gold Mine

Gold: $5,191.78 Silver: $88.32

Troy's Analysis

First Majestic's drilling results at Jerritt Canyon show they're serious about diversifying beyond silver. Smart move given the current gold-silver ratio sitting around 58:1. The resource expansion potential here matters because it gives AG more operational flexibility when silver inevitably catches up to gold's momentum. Mining companies with proven reserves are getting scarce, and any expansion of mineable resources adds real value to their equity story. For stackers, this reinforces why owning both the metal and quality mining exposure makes sense. Physical first, miners second, but companies like First Majestic with actual production and growing resources deserve attention.

Original Source

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