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Sierra Madre Gold & Silver Establishes Concentrate Off-Take Agreement
Manage episode 429192060 series 2410049
Sierra Madre Gold and Silver provides a corporate update on the La Guitarra project in Mexico. They have found the best off-taker for their concentrate, which allows them to deliver the material and get paid shortly thereafter. The concentrate is a high-grade mix of gold and silver that can be blended with other materials to increase value. The company is fully permitted and has a positive outlook on the political situation in Mexico. The economics of the project are favorable, with low sustaining costs and a healthy margin. The next steps include testing the equipment and further commissioning of the plant. Sierra Madre is fully financed.
3107 episodi
Manage episode 429192060 series 2410049
Sierra Madre Gold and Silver provides a corporate update on the La Guitarra project in Mexico. They have found the best off-taker for their concentrate, which allows them to deliver the material and get paid shortly thereafter. The concentrate is a high-grade mix of gold and silver that can be blended with other materials to increase value. The company is fully permitted and has a positive outlook on the political situation in Mexico. The economics of the project are favorable, with low sustaining costs and a healthy margin. The next steps include testing the equipment and further commissioning of the plant. Sierra Madre is fully financed.
3107 episodi
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