Saturday, September 13, 2025

Sierra Madre Nears Completion Of Drill Program, Begins Trenching Program

Sierra Madre Gold and Silver Ltd. (TSXV: SM) this morning provided an update on recent activities at its Tepic Silver Gold project in Nayarit, Mexico. The company reported on trenching and drilling activities underway at the site.

Phase 1 drilling commenced on April 15th, and is reportedly budgeted for 2,000 meters. The program consists of 20 drill holes with more than 80% of the meterage having been drilled. Sierra Madre anticipates completing the program sometime next week, with the company preparing a drill permit for a phase two program that is to consist of an additional 100 to 200 holes.

Phase 1 Trenching activities have commenced inside of the central project area and are budgeted to consist of 2,000 meters under a planned 2,700 meters trenching program. The purpose of the program is to provide surface data on previously drilled vein and breccia structures to evaluate and plan for newly found structures that are to be included in phase two.

Sierra Madre also reported the discovery of a new vein in the eastern project area striking to the north-east. The company is mapping out and extracting samples to be sent to the laboratory for assessment.

Sierra Madre Gold and Silver Ltd. last traded on the TSX Venture at $0.85.


Information for this briefing was found via Sedar and the companies mentioned. The author has no securities or affiliations related to this organization. Not a recommendation to buy or sell. Always do additional research and consult a professional before purchasing a security. The author holds no licenses.

Video Articles

Soma Gold Q2 Earnings: Production Drops Amid Growth Effort

Guanajuato Q2 Earnings: Things Are Going Backwards

Electric Metals: The Sole US Domestic Source Of A Critical Mineral?

Recommended

Northern Superior Expands Philibert With 350 Metre Step Out Testing 1.10 g/t Gold Over 25.5 Metres

Goliath Resources Hits 18.58 g/t Gold Over 5.00 Metres At Surebet

Related News

Gold Transactions Heating Up – The Daily Dive feat John-Mark Staude of Riverside Resources

Today on The Daily Dive, we are joined by our bi-weekly commentator John-Mark Staude, CEO...

Tuesday, January 5, 2021, 01:30:00 PM

New Found Gold Reports Drill Results For Single Hole At Lotto Zone

New Found Gold (TSXV: NFG) this morning released assay results from a single drill hole...

Friday, October 2, 2020, 08:36:52 AM

Golden Cariboo Hits 1.46 g/t Gold Over 136 Meters, With Frank Callaghan

In this interview at the Precious Metals Summit 2024, J. Frank Callaghan, President & CEO...
Tuesday, September 17, 2024, 12:10:00 PM

Skeena Reports Assays Of 9.12 G/T Gold Equivalent Over 49.60 Metres At Eskay Creek

Skeena Resources (TSX: SKE) has released additional drill results from its flagship Eskay Creek project,...

Tuesday, January 19, 2021, 08:31:06 AM

SSR Mining Produces 196,094 Gold Equivalent Ounces, Posts US$366.5 Million In Revenue For Q1 2021

SSR Mining Inc. (TSX: SSRM) reported today its financial results for the first quarter of...

Thursday, May 6, 2021, 08:49:36 AM