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  • Writer's pictureShernel Thielman

First Majestic Silver Corp. Launches First Mint: A Milestone in Silver Bullion Production

First Majestic Silver Corp. (NYSE: AG) (TSX: FR) (FSE: FMV) has announced the successful commissioning and commencement of bullion sales from its newly established minting facility, First Mint, LLC ("First Mint"). Situated in Nevada, United States, First Mint represents a significant addition to First Majestic's portfolio as it vertically integrates a manufacturing plant for investment-grade fine silver bullion.

 

In line with First Majestic's dedication to environmental sustainability and community responsibility, First Mint operates cutting-edge machinery designed to reduce electricity consumption and eliminate gas emissions compared to traditional minting processes. This eco-friendly approach not only underscores the Company's commitment to sustainability but also enhances operational efficiency. Plans for expansion are already underway, with additional equipment and personnel being considered to meet growing demand.

 

The inaugural production run of bullion bars will be offered as collectibles, complete with certificates of authenticity and exclusive packaging. These limited edition "First Strike" products will include one-kilogram bars, ten-ounce bars, and five-ounce bars. As production scales up, investors can anticipate a steady supply of cast bars and one-ounce silver rounds, with capacity to cater to third-party projects. First Majestic products will continue to be available for sale alongside First Mint branded items, providing investors with a diverse range of options.

 

First Mint is currently pursuing ISO 9001 certification, aiming to make its silver eligible for Individual Retirement Accounts (IRAs). This certification underscores the mint's commitment to quality, ensuring that all bullion products are guaranteed for weight, purity, and content.

 

Furthermore, First Majestic's Shareholder Benefits program remains in place, offering savings to shareholders who meet specific criteria.

 

For more information about First Mint, interested parties can contact info@firstmint.com.

 

About First Majestic Silver Corp.:

First Majestic is a publicly traded mining company with a focus on silver and gold production in Mexico and the United States. Its portfolio includes the San Dimas Silver/Gold Mine, the Santa Elena Silver/Gold Mine, the La Encantada Silver Mine, and a collection of development and exploration assets, including the Jerritt Canyon Gold Mine in Nevada.

 

First Majestic is proud to offer a portion of its silver production for sale to the public, with bars, ingots, coins, and medallions available for purchase online at www.firstmint.com.

 

Investment Disclaimer

This blog post is for informational purposes only and does not constitute investment advice. Any investment involves risk, and past performance is not indicative of future results. Readers are encouraged to conduct their own research and consult with a qualified financial advisor before making any investment decisions.

 

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