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Sierra Madre Gold and Silver Ltd V.SM

Alternate Symbol(s):  SMDRF

Sierra Madre Gold and Silver Ltd. is a precious metals development and exploration company. The Company is focused on evaluating the potential of restarting the Guitarra mine in the Temascaltepec mining district, Mexico, and the exploration and development of its Tepic property in Nayarit, Mexico. The Guitarra mine is a permitted, past-producing underground mine, which includes a 500 t/d processing facility. The Guitarra mine is located in the Temascaltepec mining district, over 130 kilometers (km) southwest (SW) of Mexico City and covering approximately 39,714 hectares. The Tepic project is located approximately 27 km south-southeast of the city of Tepic, the capital of the State of Nayarit, Mexico. The Tepic Project hosts low-sulfidation epithermal gold and silver mineralization. The project consists of five mining concessions totaling approximately 2,612.5 hectares.


TSXV:SM - Post by User

Post by Betteryear2on Jul 15, 2024 7:49am
146 Views
Post# 36132556

Sierra Madre Secures Binding Off-Take Agreement

Sierra Madre Secures Binding Off-Take AgreementVancouver, British Columbia--(Newsfile Corp. - July 15, 2024) - Sierra Madre Gold and Silver Ltd. (TSXV: SM) (OTCQX: SMDRF) ("Sierra Madre" or the "Company") is pleased to announce that it has signed a binding off-take agreement with Swiss-based global minerals trader MRI Trading AG ("MRI") for 100% of concentrate sales from the Guitarra silver-gold mine in Mexico for a 24-month term.

Sierra Madre Secures Binding Off-Take Agreement for La Guitarra (newsfilecorp.com)
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