Sierra Madre Gold & Silver

Primary tickers: TSXV:SM, OTCQX:SMDRF
Stage of development: Exploration, Development
Primary minerals: Silver, Gold
Projects to promote: Tepic, La Tigra, La Guitarra
Project location: Mexico
Website: sierramadregoldandsilver.com

Sierra Madre Gold & Silver is focused on the restart of the fully permitted 500 t/d La Guitarra Mine in Mexico’s Silver Belt and exploration and development at its Tepic and La Tigra properties in Nayarit, Mexico. The company’s management team has a track record of wealth creation in Mexico through project discovery, advancement, and monetization. Management has played key roles for managing exploration and development of over 22Moz gold and 600Moz silver in combined reserves and resources and has raised over C$1 Billion for mining companies. Sierra Madre’s key objective is to become a junior mid-tier producer.

Cash: CAD$8M
Debt: NIL

Major shareholders:
First Majestic
Commodity Capital
Alexander Langer
Greg Liller
Alejandro Caraveo
Management Ownership – 21%

Financials

Management Profile

Alex Langer – CEO, President & Director

Mr. Langer is a successful public markets specialist with over 15 years of experience.

He started his career as an Investment Advisor with Canaccord Genuity, where he helped fund over 100 private and publicly listed companies including the IPOs for Endeavour Silver, Fortuna Silver, and Great Panther.

Most recently he was Co-Founder and Vice President of Prime Mining (TSXV) and Millennial Lithium (TSXV) where he handled Capital Markets for both companies. He is a founding Director of Reyna Silver Corp. (TSXV)

Gregory Liller – Executive Chairman & COO

Mr. Liller has more than 40 years experience in exploration and mine development. Bachelor of Geology from Western State College in 1977.

He has served as an officer or director of public companies listed on TSX Venture Exchange, the TSX main board, and the American Stock Exchange including Prime Mining (TSXV), Genco Resources (TSX), Gammon Gold (TSX, AMEX), Mexgold Resources (TSXV) and, Oracle Mining (TSX).

Over the course of his career he has played a key role in the discovery and development of more than 11Moz Au and 600M oz Ag combined reserves and resources and securing over $300 million dollars in equity financings and $100 million dollars in debt financing.

What is your rationale for taking part 121 Mining Investment?

Looking for new long term shareholders

What recent news would you like to highlight to investors attending?

• May 2022: Announced agreement to acquire 100% of the La Guitarra Silver-Gold project from First Majestic. The high-grade, permitted past-producing property includes a functional 500 t/d mill and over 15 km of untested structures. With this acquisition, First Majestic would become the largest shareholder of Sierra Madre. Closing of the acquisition is contingent on regulatory and shareholder approvals.

• June 2022: C$10M Private Placement – proceeds are intended for development of La Guitarra, engineering studies and general working capital.

• September 2022: Closed the first, $6.18M, tranche of the C$10M private placement.

• April 2022: Started maiden drilling at La Tigra: results to date hit shallow mineralization, within a 3.5-km long corridor of stacked vein and breccia structures.

• February 2022: Started Phase II, 16-hole core drill program at +2,600 ha Tepic project. The drilling tested areas adjacent to and outside of the historic resource estimates. All holes drilled at Tepic to date returned +75 g/t silver intercepts.

• November 2021: 12.8m of 1.57 g/t AuEq; incl 5.3M of 3.69 g/t AuEq (Trench Results at La Tigra)

What are your key goals for the next 3, 6 and 12 months?

3 Months:
Phase 2 drill results from Tepic; Phase 1 drill results from La Tigra

6 Months:
Updated resource at Tepic; La Tigra district consolidation

12 Months:

Putting La Guitarra into production,

Building precious metals ounces at all projects

More property acquisitions (district consolidation)

What do you see as the key risks and challenges facing your company at the moment and how are you overcoming these?

Possible risk 1: market slow-down. Mitigation: well-financed.

Possible risk 2: slow lab (drill) results. Mitigation: continue mapping, trenching & drilling. Corporate development (acquiring) new projects.

What do you think makes your company such a compelling investment?

Management Team and Board: We have key relationships and a track record of discovery, advancement and monetization in Mexico

Infrastructure: our projects are in proximity to infrastructure, in mining-friendly jurisdictions

Production focus: looking to become a producing company

What are the top 3 key investor takeaways?

Decades of exploration & development success in Mexico,

Infrastructure and jurisdiction focus

Production vision