Sierra Madre Gold and Silver Ltd. is pleased to announce that exploration work has begun at the East District of the Guitarra silver-gold project in Estado de Mexico, Mexico; this District covers the historic Temascaltepec mining area. Greg Liller, Chief Operating Officer and Executive Chair, commented: "We are very pleased to be restarting exploration within the under-explored East District portion of the Company's [...]
Sierra Madre Gold and Silver Ltd. is pleased to announce that underground development has started at the Nazareno silver and gold mine within the La Guitarra silver-gold complex in Estado de Mexico, Mexico. To date, over 700 tonnes of mineralized material have been delivered to the Guitarra processing plant from Nazareno. This material was not included in the Mineral Resource Estimate. Alex Langer, Chief Executive [...]
Company Expects to Grow Near Term Capacity by More Than 50% to 750 tpd to 800 tpd by Q2 2026, With Subsequent Expansion to Increase Capacity by More Than 100% of Current Capacity to 1,200 tpd to 1,500 tpd by Q3 2027 Sierra Madre Gold and Silver Ltd. is pleased to provide the details of a planned two-stage expansion at its La Guitarra silver-gold mine complex located in Estado de Mexico, Mexico. These planned expansions [...]
173,562 Silver Equivalent Ounces Sold During Second Quarter of Commercial Production Revenues of US$5.4 Million in Q2 2025, Gross Profit of US$1.3 Million C$19.5 Million Private Placement Closed Following Quarter-End Sierra Madre Gold and Silver Ltd. is pleased to provide financial results for the quarter ended June 30, 2025 . Unless otherwise noted, all amounts are expressed in U.S. dollars. The Company will participate [...]
Sierra Madre Gold and Silver Ltd. is pleased to announce it has closed the second and final tranche of its previously announced brokered private placement offering of up to 27,858,000 units of the Company at a price of $0.70 per Unit . The Second Tranche consisted of 2,500,000 Units for gross proceeds of $1,750,000 and for aggregate gross proceeds, together with the closing of the first tranche , of $19,500,600 . Beacon [...]
Sierra Madre Gold and Silver Ltd. announces that, pursuant to its Stock Option Plan, it has granted stock options to employees of La Guitarra Compania Minera, S.A. de C.V., certain directors, management and consultants of the Company, to purchase an aggregate of 2,750,000 common shares of the Company at the price of $0.73 per share for a period of five years from the grant date. The Options shall be granted under and [...]
Sierra Madre Gold and Silver Ltd. is pleased to announce it has closed the first tranche of its previously announced brokered private placement offering of up to 27,858,000 units of the Company at a price of $0.70 per Unit for aggregate gross proceeds to the Company of up to $19,500,600 . The First Tranche consisted of 25,358,000 Units for gross proceeds of $17,750,600. Beacon Securities Limited is acting as lead agent [...]
Sierra Madre Gold and Silver Ltd. is pleased to announce an upsize to its previously announced "best efforts" private placement. Under the amended terms, the Company will issue up to 27,858,000 units of the Company at a price of $0.70 per Unit for aggregate gross proceeds to the Company of up to $19,500,600 . Eric Sprott, through 2176423 Ontario Ltd., a corporation beneficially owned by him, is expected to participate in [...]
Sierra Madre Gold and Silver Ltd. is pleased to announce an upsize to its previously announced "best efforts" private placement. Under the amended terms, the Company will issue up to 23,572,000 units of the Company at a price of $0.70 per Unit for aggregate gross proceeds to the Company of up to $16,500,400 . Beacon Securities Limited is acting as lead agent and sole bookrunner, on behalf of a syndicate of agents [...]
Sierra Madre Gold and Silver Ltd. is pleased to announce that it has entered into an agreement with Beacon Securities Limited to act as lead agent and sole bookrunner, on behalf of a syndicate of agents to be formed in connection with a "best efforts" private placement of up to 14,290,000 units of the Company at a price of $0.70 per Unit for aggregate gross proceeds to the Company of up to $10,003,000 . Each Unit to be [...]
Sierra Madre Gold and Silver Ltd. is pleased to announce the results of its Annual General Meeting held today, Wednesday, June 18, 2025 in Vancouver, British Columbia. Shareholders voted as follows on the motions set out in the Company's Notice of Annual General Meeting dated May 14, 2025. A total of 75,415,346 votes were cast at the Meeting, representing 48.989% of the total shares outstanding eligible to vote. Election [...]
Sierra Madre Gold and Silver Ltd. is pleased to announce an amendment to the non-revolving, secured term loan in the amount of US$5 million between the Company and First Majestic Silver Corp. ; please see Sierra Madre press release dated May 8, 2024 for details of the original loan announcement. The Loan now has a maturity date of May 7, 2027, which represents a 12-month extension of the original term, with no other [...]