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First Majestic Resource Corp.: First Majestic Resource Corp.: Acquisition of Desmin S.A. de C. V. and the La Encantada Silver Mine

Thu, 31 Aug 2006 11:09:00 PDT

VANCOUVER, BRITISH COLUMBIA (MARKET WIRE) FIRST MAJESTIC RESOURCE CORP. (TSX VENTURE: FR)(PINK SHEETS: FMJRF)(FWB: 905910) (the "Company") is pleased to announce that it has signed a Letter Agreement to acquire 100% of the issued and outstanding shares of Desmin S.A. de C. V. ("Desmin"), a privately held Mexican mining company.

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