Sierra Madre Gold and Silver is pleased to announce that it has signed a binding off-take agreement with Swiss-based global minerals trader MRI Trading AG for 100% of concentrate sales from the Guitarra silver-gold mine in Mexico for a 24-month term. Alex Langer, Sierra Madre's President and CEO, states, "While we received extensive interest, including multiple offers from various parties for the Guitarra silver-gold [...]
Sierra Madre Gold and Silver Ltd. is pleased to announce that SEMARNAT, the federal Mexican regulatory agency in charge of environmental permitting, has approved modifications to the existing operating permit for the Guitarra Mine and Mill complex, located in the State of Mexico, Mexico. These modifications will allow for: Dry Stack Tailings Deposition at the Active Tailings Facility Site, TSF 1-3 Construction of a [...]
Sierra Madre Gold and Silver Ltd. is pleased to announce the appointment of Mr. Jose Francisco Correa Robles as General Manager of La Guitarra Silver-Gold Mine and Mill Complex in Estado de Mexico, Mexico. The Company also announces the issuance of stock options to La Guitarra employees, advisors and consultants of the company. Mr. Correa has more than 23 years of experience in underground mining operations. He has worked [...]
VANCOUVER, BC, May 8, 2024 /CNW/ - Trading resumes in: Company: Sierra Madre Gold and Silver Ltd. TSX-Venture Symbol: SM All Issues: Yes Resumption : 8:00 AM 05/09/2024 CIRO can make a decision to impose a temporary suspension of trading in a security of a publicly-listed company. Trading halts are implemented to ensure a fair and orderly market. CIRO is the national self-regulatory organization which oversees all [...]
Sierra Madre Gold and Silver Ltd. is pleased to announce that First Majestic Silver Corp. has today advanced the Company a non-revolving, secured term loan in the amount of US$5 million pursuant to the terms of a loan agreement entered into by the Company and First Majestic. Since acquiring the La Guitarra Silver-Gold Mine Complex in Estado de Mexico, Mexico in March 2023, the Company has made notable advancements to the [...]
VANCOUVER, BC, May 8, 2024 /CNW/ - The following issues have been halted by CIRO Company: Sierra Madre Gold and Silver Ltd. TSX-Venture Symbol: SM All Issues: Yes Reason: Cease: Pending News Halt Time : 3:29 PM CIRO can make a decision to impose a temporary suspension of trading in a security of a publicly-listed company. Trading halts are implemented to ensure a fair and orderly market. CIRO is the national [...]
Sierra Madre Gold and Silver Ltd. is pleased to announce that it has upsized and closed its previously announced non-brokered private placement financing , raising total gross proceeds of approximately $1,000,020. The Company issued 3,571,500 shares at a price of $0.28 for aggregate gross proceeds of $1,000,020. Net proceeds will be used to fund the continued care and maintenance on, and the mine restart plan at, Sierra [...]
Sierra Madre Gold and Silver Ltd. is pleased announce a non-brokered private placement with an existing long-term institutional shareholder the Company . The Offering consists of 3,571,428 shares for aggregate gross proceeds to the Company of $1,000,000 at a price of $0.28 per share . Net proceeds will be used to fund the continued care and maintenance on, and the mine restart plan at, Sierra Madre's 100% owned [...]
Sierra Madre Gold and Silver Ltd. is pleased to provide an in-depth update of its activities at the 100% owned past-producing La Guitarra Silver-Gold Mine Complex in Estado de Mexico, Mexico, 130 km southwest of Mexico City. Mine Restart Study The Company has retained TechSer Mining Consultants Ltd., of Vancouver, B.C., to complete the Mine Restart Study . This work will include an estimation of underground mine material [...]
Sierra Madre Gold and Silver Ltd. , has filed a technical report, prepared in accordance with the National Instrument 43-101 - Standards of Disclosure for Mineral Projects for its La Guitarra silver-gold mine and the Temascaltepec mining district in Estado de Mexico, Mexico. Sierra Madre previously released the results of the Mineral Resource Estimate on November 1, 2023. The technical report is available on SEDAR+ under [...]
Sierra Madre Gold and Silver Ltd. is pleased to announce that, further to the Company's news releases dated May 31, 2023, September 14, 2023 and October 17, 2023, the escrow release conditions of all 5,123,092 subscription receipts have been satisfied and the proceeds from the purchase of the subscription receipts have been released from escrow. As a result, the subscription receipts have converted into a total of [...]
VANCOUVER, BC, Nov. 1, 2023 /CNW/ - Trading resumes in: Company: Sierra Madre Gold and Silver Ltd. TSX-Venture Symbol: SM All Issues: Yes Resumption : 10:30 AM CIRO can make a decision to impose a temporary suspension of trading in a security of a publicly-listed company. Trading halts are implemented to ensure a fair and orderly market. CIRO is the national self-regulatory organization which oversees all investment [...]
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