TSXV:SMMetals and Mining
How Investors Are Reacting To Sierra Madre Gold and Silver (TSXV:SM) La Guitarra Capacity Expansion Plan
Sierra Madre Gold and Silver Ltd. recently reported progress on a two-stage expansion at its La Guitarra silver-gold mine, with processing capacity planned to rise from about 500 tonnes per day to as much as 1,500 tonnes per day by 2027 through mill, plant, and tailings upgrades.
The company’s stepped-up investment in scoop trams, drills, haulage trucks, and loaders highlights a focus on improving mine development rates and material movement alongside the processing expansion.
We’ll now...