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 [...]
Sierra Madre Gold and Silver Ltd. is pleased to announce its first project-wide Resource Estimate for the La Guitarra silver-gold mine and the Temascaltepec mining district in Estado de Mexico, Mexico. TechSer Mining Consultants Ltd. of Vancouver B.C. prepared the Mineral Resource Estimate, David Thomas, P.Geo. and QP Geology and Cristian Garcia, P.Eng. and QP Mining. The following tabulates the La Guitarra estimated [...]
Sierra Madre Gold and Silver Ltd. is pleased to announce it has engaged Stantec Consulting International LLC to examine tailings deposition options at the 100% owned past-producing La Guitarra Silver-Gold Mine Complex in Estado de Mexico, Mexico, 130 km southwest of Mexico City. The agreement was signed on September 12, 2023, with detailed work commencing earlier this month. Results are expected towards the end of Q4 [...]
Sierra Madre Gold and Silver Ltd. , a precious metals development company, is pleased to announce that its common shares are now eligible for electronic clearing and settlement through the Depository Trust Company in the United States. DTC eligibility is expected to create a seamless process of trading and enhance liquidity of the Company's common shares in the United States over time. Sierra Madre's shares started [...]
Sierra Madre Gold and Silver Ltd. is pleased to provide an update on its exploration activities at the 100% owned past-producing La Guitarra Silver-Gold Mine Complex in Estado de Mexico, Mexico, 130 km southwest of Mexico City. Beginning in February of this year, the company started a 2,000-scale geologic mapping program, first in the eastern portion of the Temascaltepec mining district and then progressing to the west [...]
Sierra Madre Gold and Silver Ltd. is pleased 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. Gregory K. Liller, Executive Chairman and Chief Operating Officer commented, "We are very pleased with the progress at La Guitarra since the March 2023 closing of the acquisition from First [...]
During THE Mining Investment Event of the North 2023, representatives from TSX and TSXV-listed companies shared their unique perspectives and company stories with TMX Group. The View From The C-Suite video interview series highlights the unique perspectives of listed companies on Toronto Stock Exchange and TSX Venture Exchange. Videos provide insight into how company executives think in the current business environment [...]
Sierra Madre Gold and Silver Ltd. is pleased to announce the results of six additional diamond drill holes from the Phase 2 drilling program at its Tepic Silver Gold Project in the State of Nayarit, Mexico. The results for holes TDH0017 through TDH022 are tabulated below: Area Drill Hole From To Interval Silver g/t Gold g/t AgEq g/t Taunas TDH017 6.50 9.00 2.50 209 1.15 296 and 23.80 24.40 0.60 111 2.06 266 TDH018 24.85 [...]