| Announcement Date: | 2022-02-15 |
|---|---|
| Announcement Type: | Exploration Update |
| Announcement Code: | NI43-101 |
| Company name: | Sierra Madre Gold and Silver Ltd. |
| Project name: | La Tigra |
| Location: | Mexico |
| Commodities: | Gold,Silver |
| Highlight: | Trenching results incl. 12.0m @ 2.91AuEq |
| Resources: | only available to subscribers |
| CP/QP: | only available to subscribers |
| Announcement summary: | Vancouver, British Columbia – February 15, 2022 – Sierra Madre Gold and Silver Ltd. (TSXV: SM, OTCQB: SMDRF) (“Sierra Madre” or the “Company”) is pleased to announce additional results from trenching and a project update at its La Tigra project located in the State of Nayarit, Mexico. Trench intercepts are located northwest of the previous announced trenches (see News Release dated Nov. 16, 2021) and are summarized in the table below. Trenching was conducted using picks and shovels to expose bedrock with continuous channels then cut with a portable rock saw and samples removed using hammers and chisels. La Tigra Project Update Luis Saenz, Director of Exploration & Development states “We have gained safe access to the 100 and 200 levels of the historic El Tigre mine. Initial underground mapping indicates the structural fabric of the area is more complex, containing both primary and antithetic structures which host quartz veins and breccias along with a surrounding quartz stockworks. It has been my experience in other gold silver districts in Mexico that this type of structural pattern has the potential to be economically very significant “ Continued district-wide surface mapping, sampling and trenching has delineated a northwest trending structural corridor 3 km in length hosting multiple northwest striking veins and breccia zones along with crosscutting northeast structures |
| Read More |
Pricing Plans
We are a SaaS business and access to announcements and data is by subscription. We offer monthly subscriptions and discounts for annual payments.
Standard
$
10
Per Month
Stay up to date with the global mining industry.
- The Opaxe Review
- Search using Explore
- 60,000 company announcements
- Access announcements older than 7 days only
Essential
$
50
Per Month
Our most popular plan, great for: Small Investors, and Mining Suppliers
- All Standard plan features; plus
- New business opportunities every day
- Customizable filters and search results
- The Opaxe Index
- Export search results to your own system
- Announcement Alerts and Notifications
- Company pages & other announcements
Premium
$
100
Per Month
Comes with Alerts and lots of data, perfect for: Mining Companies, Consultants, and Share Traders
- All Essential plan features; plus
- Drilling result comparisons
- Downloadable intercept data
- Resources and reserves data