First Majestic Produces 4.3M Silver Eqv. Oz in First Quarter

VANCOUVER, BRITISH COLUMBIA–(Marketwired – April 20, 2017) – First Majestic Silver Corp. (TSX:FR)(NYSE:AG)(FRANKFURT:FMV)(BVM:AG) (“First Majestic” or the “Company”) is pleased to announce that total production in the first quarter of 2017 from its six operating silver mines reached 4.3 million equivalent ounces of silver. Total production consisted of 2.7 million ounces of silver, 15,095 ounces of gold, 7.5 million pounds of lead and 0.9 million pounds of zinc.

“During the first quarter, total production from our six producing mines met our quarterly guidance expectations,” said Keith Neumeyer, President & CEO. “With the renewed investment in underground development and brownfields exploration, we continue to execute on our long-term growth plan to have additional production levels prepared in order to increase throughput rates and head grades at Del Toro, La Parrilla and La Encantada. Our 2017 silver production guidance of 11.1 – 12.4 million ounces, or 16.6 -18.5 million silver equivalent ounces, remains unchanged.”

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