Sierra Madre Gold and Silver Ltd V.SM

Alternate Symbol(s): SMDRF

Metals & Mining Industrial Metals & Minerals

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.

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Sierra Madre Gold and Silver Ltd

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Post by austrochris1on Oct 21, 2024 7:49am

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Post# 36274320

like this new silver producer

La Guitarra hosts a lot of silver ounces all outside the 43-101 compliant.Just drilling is needed. Top notch management , i see a lot of upside here. Could be a midtier silver mine in a few years. And the price of silver plays into the cards for expanding the mine without dilution.

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