We are Gold and Silver Experts
World-Class Technical Expertise
- Experienced management with an exceptional track record of wealth creation in Mexico through project discovery, advancement, and monetization.
- Management has played key roles for managing exploration and development of more than 22Moz of gold and 600 Moz of silver in combined reserves and resources.
Capital Markets Expertise
- Strong Capital Markets expertise with management and founders.
- Team of professional that have collectively raised over 1 Billion CAD for mining companies.
- Institutional shareholders, in Europe, Asia, and North America.
- Significant success in precious metals finance.
- Strong Relationships with Large Mexican Mining Companies for non-core project pipeline.
La Guitarra Mine
- Fully permitted mine and 500 t/d mill in Mexico's Silver Belt
- May 2022 agreement with First Majestic Silver: US$35M in consideration shares
- A high-grade underground mine that operated up to August 2018
- Currently on care and maintenance: progressing towards restart
- Operated by Sierra Madre management between 2006 and 2009
Why Silver? Why Now?
Macroeconomic Backdrop Supportive of Precious Metals
Government liquidity injections due to COVID-19, operational shutdowns and temporary suspensions, and trade wars are all supportive of the flight to safety in gold and silver.
Gold to Silver Ratio Presents Buying Opportunity
While the gold price is at all time highs, the price of silver is still lagging on a relative basis. With a ratio of 70:1 currently*, silver is undervalued compared to historical levels.
Demand Expected to Increase
Global investment for physical silver has increased and is expected to grow for a 3rd consecutive year by 16% to 215.8M oz**. Industrial demand in electric vehicles and hybrids, as well as opportunities in 5G are all creating demand for the metal.
Supply Tightening
Global production has fallen for four consecutive years, dropping by 1.3% in 2019 to 836.5M** due to declining grades at several large mines, lower bi-product output and notable disruption losses. Global production is expected to fall 5% or 38.8M oz to 797.9M oz** as a result of disruptions due to COVID-19.
Why Sierra Madre Gold & Silver
Management Team & Board
Track record of project discovery, advancement and monetization in Mexico & globally.
Attractive Valuation
Strong shareholder base and institutional backing. Attractive valuation compared to peers.
Upcoming Catalysts La Guitarra
- Completed: New resource report – announced November 2023
- Mine Restart Study expected in Q3 2024
- Mine, Plant and equipment rehabilitation
Upcoming Catalysts Tepic
- Phase 2 drilling completed
- Resource Calculation
- In-depth metallurgical work planned
Well Capitalized
$2,000,000 CAD in treasury to fund ongoing mine restart work at La Guitarra
Why Mexico?
Share Structure
Tight Share Structure and Large Insider Ownership
Capital Structure
| Shares Outstanding | 152,692,993 |
| Fully Diluted Shares Outstanding | 158,207,942 |
| Cash on Hand | $2M CAD |
Stock Information
Financial statements
Analyst
