First Majestic at the NYSSA 9th Annual Metals and Mining Conference

Keith Neumeyer, President & CEO is speaking at the NYSSA 9th Annual Metals and Mining Conference, on June 2, 2009 at 1:45pm at NYSSA - 1177 Avenue of the Americas, 2nd Floor (between 45th and 46th Streets) in New York City.

First Majestic is a pure silver producing mining company focused in Mexico. This past year the Company focused on an extensive mine development campaign at each of its three operating silver mines in Mexico; the La Parrilla, the La Encantada, and the San Martin Silver Mines. Approximately, 90% of the Company’s overall revenue is from the sale of silver. For the year ending 2008, First Majestic’s produced reached 4.25 million ounces compared to 3.6 million in 2007. In addition, by early 2009, 299 million ounces of NI 43-101 compliant silver equivalent resources had been defined compared to approximately 180 million ounces defined at the end of 2007. First Majestic has excelled in acquisition of long-term sustainable projects and has set itself apart from others in the silver space. The First Majestic management team has led the company to incredible growth over the last four years; growing from 85 to over 1500 employees corporate wide. With a solid team in place, the company expects to achieve continuous growth in silver production and resource development going forward. Management is committed to remain aggressive and to build one of the largest senior silver-producing mining companies focused on Mexico. First Majestic now owns three producing silver mines that will collectively produce approximately 5.1 to 5.4 million ounces of silver for 2009.

First Majestic is a producing silver company focused in Mexico and is aggressively pursuing its business plan to become a senior silver producer through the development of its existing assets and the pursuit through acquisition of additional assets that contribute to achieving its significant corporate growth objectives.

FOR FURTHER INFORMATION contact info@firstmajestic.com, visit our website at www.firstmajestic.com or call our toll free number 1.866.529.2807.

FIRST MAJESTIC SILVER CORP.

“signed”

Keith Neumeyer, President & CEO

This press release includes certain "Forward-Looking Statements" within the meaning of section 21E of the United States Securities Exchange Act of 1934, as amended. All statements, other than statements of historical fact, included herein, including without limitation, statements regarding potential mineralization and reserves, exploration results and future plans and objectives of First Majestic Silver Corp. are forward-looking statements that involve various risks and uncertainties. There can be no assurance that such statements will prove to be accurate and actual results and future events could differ materially from those anticipated in such statements.