Sierra Madre Gold and Silver CEO, Alex Langer, provides an update on the progress of the La Guitarra mine restart operations in Mexico. The mine restart study is going well, with a focus on understanding production costs and capital research costs. The company is also developing a mine plan and preparing the infrastructure for production. Despite the challenges of restarting a mine, Sierra Madre has not encountered any major issues and is on track to commence production in Q1 2025. The company is considering the possibility of doubling production capacity and is exploring various financing mechanisms.
