Los Gatos Silver Mine
Mining
Type
Operating
Status
🇲🇽 Mexico, Chihuahua
Country
Project information
As at 31 December 2025
Aggregation level:
Asset
Aggregation level:
Asset
Report standard:
Ni 43 101
Report standard:
Ni 43 101
Ownership %:
70
Ownership %:
70
Operator:
No
Operator:
No
Operator name:
Los Gatos Joint Venture
Operator name:
Los Gatos Joint Venture
Extraction:
Underground
Extraction:
Underground
Description
As at 31 December 2025
70%-owned (attributable) underground silver-base metal mine in Chihuahua, Mexico, held through the Los Gatos Joint Venture; acquired by First Majestic in January 2025. Slight YoY decrease in silver reserves from depletion of high-grade areas; increase in zinc, lead and copper. Reserves at $35/oz Ag, $3,100/oz Au, $0.95/lb Pb, $1.25/lb Zn, $4.35/lb Cu. M&I Mineral Resources on a 70% attributable basis. Resources +25% Pb, +25% Zn, +25% Cu YoY.
Mining metrics
As at 31 December 2025 · inclusive
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Reserves & resources — detail
As at 31 December 2025
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