First Majestic Silver Corp. AG recently announced that total production in first-quarter 2022 reached 7.2 million silver equivalent ounces comprising 2.6 million ounces of silver and 58,892 ounces of gold. On a year-over-year basis, silver production was down 10%, while gold production soared 147%. Overall silver equivalent ounces improved 59% from the last-year quarter, primarily driven by the acquisition of Jerritt Canyon. Compared to the record fourth-quarter 2021 performance, output in the first quarter of 2022 was down 16%. This was due to high COVID-19-related absenteeism in January and February, which resulted in lower processed tons across all Mexican operating units. In the first quarter of 2022, the La Encantada mine produced 644,009 ounces of silver. San Dimas produced 3,080,940 silver equivalent ounces, consisting of 1,632,117 ounces of silver and 18,528 ounces of gold. Santa Elena produced 1,868,787 silver equivalent ounces.