Sierra Madre Secures Binding Off-Take Agreement for La Guitarra
Vancouver, British Columbia--(Newsfile Corp. - July 15, 2024) - Sierra Madre Gold and Silver Ltd. (TSXV: SM) (OTCQX: SMDRF) ("Sierra Madre" or the "Company") is pleased to announce that it has signed a binding off-take agreement with Swiss-based global minerals trader MRI Trading AG ("MRI") 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...
2024-07-15 7:00 AM EDT
Sierra Madre Receives Regulatory Approval for Dry Stack Tailings Deposition on Existing Tailings Impoundment, Paste Backfill of Tailings in Underground Workings and Surface Drilling Pad Sites
Vancouver, British Columbia--(Newsfile Corp. - May 28, 2024) - Sierra Madre Gold and Silver Ltd. (TSXV: SM) (OTCQX: SMDRF) ("Sierra Madre" or the "Company") 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...
2024-05-28 7:00 AM EDT
Sierra Madre Announces Francisco Correa as General Manager of La Guitarra Mine and Mill Complex, Grants Incentive Options
Vancouver, British Columbia--(Newsfile Corp. - May 23, 2024) - Sierra Madre Gold and Silver Ltd. (TSXV: SM) (OTCQX: SMDRF) ("Sierra Madre" or the "Company") 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...
2024-05-23 5:00 PM EDT
Sierra Madre Announces US$5 Million Loan from First Majestic Silver for Finalizing Preparations at La Guitarra
Vancouver, British Columbia--(Newsfile Corp. - May 8, 2024) - Sierra Madre Gold and Silver Ltd. (TSXV: SM) (OTCQX: SMDRF) ("Sierra Madre" or the "Company") is pleased to announce that First Majestic Silver Corp. ("First Majestic") has today advanced the Company a non-revolving, secured term loan ("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...
2024-05-08 4:13 PM EDT