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Sierra Madre Gold and Silver Continues to Push Ahead with La Guitarra Under a Strong Silver Market

Sierra Madre Gold and Silver Continues to Push Ahead with La Guitarra Under a Strong Silver Market

FromMining Stock Daily


Sierra Madre Gold and Silver Continues to Push Ahead with La Guitarra Under a Strong Silver Market

FromMining Stock Daily

ratings:
Length:
16 minutes
Released:
May 28, 2024
Format:
Podcast episode

Description

Sierra Madre Gold and Silver has made significant moves in their equity price following a finance deal to get the La Guitarra project up and running. The company secured a $5 million US dollar loan facility, assisting in further infrastructure and equipment development. They also obtained permits for a dry stack tailings facility, paste backfill, and 58 surface drilling pad locations, indicating significant exploration and resource expansion opportunities. The CEO, Alex Langer, remains focused on executing the company's plans and is open to the possibility of moving into production quicker if feasible.
Released:
May 28, 2024
Format:
Podcast episode

Titles in the series (100)

Mining Stock Daily is a brief overview of finance and resource exploration news from the world's mining and metals sector. Mining Stock Daily is a quick overview of the day's most important sector information for both precious and base metals, including market trends and analysis.