Production Growth, Exploration, and Community Impact Sierra Madre Gold & Silver: Production Growth, Exploration, and Community Impact
$SM.v | $SMDRF
At the Munich Precious Metals Conference, CEO Alex Langer of Sierra Madre Gold and Silver outlined the company’s rapid transformation into a cash-flowing precious metals producer and its roadmap to triple production by 2027 at the La Guitarra Mine in Mexico.
Key Highlights
Commercial Production Achieved: Declared Jan 2025; 500 tpd operation delivering consistent positive quarters.
Expansion Plan: Stage-one increase to 750–800 tpd in 2026; Stage-two to 1,200–1,500 tpd by 2027.
Cost Optimization: New fleet purchases from recent $19.5M raise expected to lower ASIC from ~$30/oz AgEq to $20–22/oz.
Exploration Upside:
$3.5M USD budgeted for 20,000 m drill program in the East District starting Q2 2026.
Historic grades at El Recont (6.5 g/t Au, 860 g/t Ag) highlight potential for major new discoveries.
Financial & Shareholder Strength
Backed by First Majestic Silver (37.7%), Franklin Templeton, Eric Sprott, and Commodity Capital.
Oversubscribed financing (C$19.5M) led by Tier-1 mining funds.
Management holds meaningful equity (C$1.8M invested).
La Guitarra is a fully permitted, producing mine in one of Mexico’s richest silver-gold districts. With rising gold and silver prices, lower costs ahead, and a district-scale exploration program launching next year, Sierra Madre is well-positioned for growth and potential re-rating.
“We’re generating cash, expanding production, and opening up one of Mexico’s most historic silver-gold districts for new discovery,” said CEO Alex Langer.
*Posted on behalf of Sierra Madre Gold and Silver.
https://www.youtube.com/watch?v=go44ck_YAGA