First Majestic Silver Corp. engages in the production, development, exploration, and acquisition of mineral properties with a focus on silver in Mexico. The company owns 100% interest in La Encantada Silver Mine comprising 4,076 hectares of mining rights and 1,343 hectares of surface land located in Coahuila; La Parrilla Silver Mine consisting of mining concessions covering an area of 53,000 hectares; and San Martin Silver Mine comprising approximately 7,840 hectares of mineral rights and approximately 1,300 hectares of surface land rights located in Jalisco. It also holds interest in Del Toro Silver Mine consisting of 392 contiguous hectares of mining claims and an additional 100 hectares of surface rights located in Zacatecas; Real de Catorce Silver Project comprising 22 mining concessions covering 6,327 hectares located in San Luis Potosi; and Jalisco Group of Properties consisting of mining claims totalling 5,131 hectares located in Jalisco. The company was founded in 1979 and is based in Vancouver, Canada.