Mining Stock Daily Sierra Madre Gold & Silver Update: Setup for Optimized Operations at La Guitarra and Coloso
Sep 4, 2025
Alex Langer, CEO of Sierra Madre Gold and Silver, shares exciting updates on the company’s recent $19.5M financing and Q2 financials. He discusses strategic improvements aimed at optimizing operations at the La Guitarra and Coloso mines. With rising precious metal prices, Langer emphasizes enhanced production strategies and market conditions that support growth. He highlights innovations like chrome ball mills, aiming to boost efficiency and recovery rates, setting an optimistic tone for the company’s future.
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Stock Spike Anecdote
- Alex notes stock activity spiked after positive news, mentioning a jump to $1.05 the prior day.
- He joked someone "couldn't wait until the next day to get their stock."
Quarterly Improvement And Rainfall Impact
- Sierra Madre improved quarter-over-quarter production and expects further gains as development continues.
- Early rainy-season power interruptions reduced output, but raised capital will fund backup power for next season.
Optimize Development And Mill Parameters
- Increase Coloso development to access higher-grade silver and gold to lift overall head grades quickly.
- Optimize milling (chrome balls, grind size, crushers) and pre-buy equipment to double production readiness.