FULL DISCLOSURE: First Majestic Silver is a sponsor of theDeepDive.ca.
First Majestic Silver (NYSE: AG) (TSX: AG) has officially laid out its plan to restart Jerritt Canyon, and for long-time followers of the story, this is the update many have been waiting for. After years in care and maintenance, the Nevada gold mine is now moving toward a planned restart in 2027, backed by a larger resource base, a stronger gold price environment, and a new $75 million capital commitment.
In this video, we break down First Majestic’s restart strategy for Jerritt Canyon, including the project’s history, the importance of its permitted roaster, the updated resource growth, and the key steps now underway to bring the mine back online. We also look at what makes Jerritt Canyon such a unique asset in First Majestic’s portfolio and why the company believes this restart could become a meaningful growth driver.
FULL DISCLOSURE: First Majestic Silver Corp. is a client of Canacom Group, the parent company of The Deep Dive. Canacom Group is currently long the equity of First Majestic Silver Corp. The author has been compensated to cover First Majestic Silver Corp. on The Deep Dive, with The Deep Dive having full editorial control. Not a recommendation to buy or sell. We may buy or sell securities in the company at any time. Always do additional research and consult a professional before purchasing a security.