First Majestic Silver Corp. revised operating guidance for the fiscal 2019. As a result of these operational modifications, 2019 total production remains relatively unchanged at 24.4 to 26.0 million silver equivalent ounces when compared to the previous guidance of 24.7 to 27.5 million silver equivalent ounces. The 2019 annual silver production has decreased slightly to an estimated range of 12.8 to 13.5 million ounces when compared to the previous annual production guidance of 14.2 to 15.8 million ounces of silver primarily due to the temporary suspension of production from the roaster at La Encantada. The Company is also anticipating a reduction in annualized cash costs of approximately $1.00 per ounce of silver, or 14% from the guidance mid-point, due to continued improvements at San Dimas and throughput reductions at La Parrilla and San Martin.