Mining Stock Daily Sierra Madre Gold & Silver Adds Del Toro to its Portfolio of Mexican Assets
Jan 12, 2026
Alex Langer, CEO of Sierra Madre Gold and Silver, shares insights on the recent acquisition of the Del Toro silver mine. He highlights the strategic fit of Del Toro with their La Guitarra operations and the importance of timing amid rising silver prices. Langer discusses plans for financing and exploration, aiming for a $50M target. He also emphasizes the company's de-risking strategy and the positive regulatory changes in Mexico that enhance operational prospects. Join for a look into the bright future of silver mining!
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Growth Via Quick-Entry Assets
- Sierra Madre pursues rapid-production projects to build a material silver-gold company.
- Acquiring Del Toro complements La Guitarra and reduces single-asset downside risk.
Near-Turnkey Facility Lowers Restart Time
- Del Toro was maintained well by First Majestic and is near-turnkey despite care-and-maintenance status since 2020.
- The facility's excellent condition shortens re-start timelines and lowers capital needs.
Historic Resource Needs Modern Validation
- Historic resource shows ~19 million oz silver equivalent at ~350 g/t, but it's historical and needs modern validation.
- Sierra Madre plans drilling and exploration to expand the resource and test for larger CRD systems.