First Majestic Receives Construction Permits for Santo Niño and Navidad; Advances Development Across the Santa Elena District
First Majestic secured the construction permits for the Santo Niño and Navidad portals at its Santa Elena mine and allocated an additional $12 million in 2026 to advance underground access. Infill drilling across both targets returned significant high-grade silver and gold intercepts, with Santo Niño results exceeding modeled estimates in the western vein portion.
Key figures
- Navidad drilling m
- 7704
- Investment 2026 usd
- 12000000
- Santo nino drilling m
- 26904
AI analysis
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