Sierra Madre Gold and Silver Ltd.

Sierra Madre Gold and Silver is a Mexico-focused precious metals exploration and development company. Our team has over 100 years of combined mining experience in Mexico with strong capital markets expertise. Our growing portfolio of projects presents new projects, new exploration paradigms and new unconsolidated areas into the public space.

Expert Comments:

headshot of Thibaut Lepouttre

Thibaut Lepouttre, Caesars Report

"Sierra Madre Gold and Silver Ltd. hopes to close [the] La Guitarra acquisition this quarter. . .all relevant shareholder approvals have been received (with 99.99% of the company's shareholders that casted a vote approving the transaction). The TSX Venture Exchange has also (conditionally) approved the transaction."

Thibaut Lepouttre, Caesars Report

"Sierra Madre Gold and Silver Ltd. is still halted until the shareholders approve the transaction to acquire the La Guitarra mine from First Majestic Silver, but the company is already going ahead with a subscription receipt offering to raise up to CA$10M. . .the subscription receipt financing is priced at CA$0.65 and will be a straight share deal upon conversion."

Thibaut Lepouttre, Caesars Report

"Sierra Madre Gold and Silver Ltd. entered into an agreement with First Majestic Silver to acquire its past-producing La Guitarra silver mine. . .as the La Guitarra project comes with a permitted mine and mill, this acquisition has the potential to jumpstart the company's production plans. . .the acquisition comes with a historical resource estimate containing almost 17.5 Moz of silver equivalent across all categories."

Thibaut Lepouttre, Caesars Report

"At the flagship Tepic project, Sierra Madre Gold and Silver Ltd. released excellent drill results earlier this month. . .as all four holes encountered mineralization, the company, with its drill program, is very consistently hitting the veins at Tepic exactly where it expects to hit them."

Thibaut Lepouttre, Caesars Report

"Sierra Madre Gold and Silver Ltd. has released the assay results from the first seven holes drilled as part of the phase two drill program at the flagship Tepic gold and silver project in Nayarit. All seven holes intersected mineralization, and more importantly, the grades are good for near-surface intercepts. . .some intervals are located outside of the known mineralized area."

More Expert Comments

Experts Following This Company

headshot of Thibaut Lepouttre
Thibaut Lepouttre, Editor Caesars Report

Company News 

3/21/2023 – Sierra Madre Receives Mexican Antitrust Approval For La Guitarra Acquisition

12/28/2022 – Sierra Madre Provides Update on Proposed Definitive Acquisition of La Guitarra

The information provided above is from analysts, newsletters and other contributors. Please contact the company and visit its website before making an investment decision.See disclaimer for more details.

Streetwise Company Fact Sheet
Investing Highlights
Management: track record of discovery, advancement & monetization in Mexico and globally
Robust pipeline of acquisitions and positive preliminary metallurgical results on flagship, Tepic
Positioned to become a junior mid-tier producer in Mexico near major infrastructure
catalyst Calendar
La Guitarra acquisition closing
Phase 1 drill results from La Tigra
Phase 2 results from Tepic
New resource report for La Guitarra, Tepic resource
Sierra Madre Gold and Silver Ltd. Content