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Edge16 Oct 2026
Winner, Winner: The Chicken McNugget Story
How a 1940s breeding contest, a Cornell food scientist, and a hedge by Ray Dalio helped McDonald's turn the Chicken McNugget into a fast-food icon.
Sierra Madre Gold and Silver
Sierra Madre Gold and Silver (SM) investor relations material
Sierra Madre Gold and Silver Company presentation summary
Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.Company presentation summary6 Oct, 2026
Operating platform
La Guitarra entered full commercial production on Jan. 1, 2025; Q2 2026 AgEq sales were 123,483 oz, with growth expected in H2 2026.
Q2 2026 throughput reached up to 720 t/d after mill modifications, 44% above the prior 500 t/d capacity.
The 2023 La Guitarra resource estimate reported 27.2M AgEq oz indicated and 20.2M inferred; resources are not reserves and do not have demonstrated economic viability.
La Guitarra expansion
Phase 1 targets 750–800 t/d; the cone crusher is operating and ball mill installation is complete, with commissioning expected in November 2026.
Phase 2 targets 1,200–1,500 t/d by Q3 2027, including a second crushing circuit and a permitted 5.8M-tonne dry-stack tailings facility.
Expansion is expected to be self-funded from treasury and cash flow, with no additional permits required.
Exploration
La Guitarra mapping has delineated 59 km of mineralized veins and breccias; a US$3.5M East District program includes more than 30,000 m of drilling.
East District permits cover 22 drill pads; initial targets include Tlacotal, the Magdalena vein near Rincon and veins worked at Los Locos.
The underexplored Tepic project has potential for more than 15 km of strike length; 17 of 20 completed core holes returned sections grading at least 75 g/t silver.
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Latest events from Sierra Madre Gold and Silver
- Q2 2026 saw $8.23M revenue, La Guitarra expansion progress, and Del Toro mine acquisition.SM
Q2 2026 - Aggressive expansion and exploration at two producing mines target mid-tier silver producer status.SMCorporate presentation
- Production growth and Del Toro acquisition drive scale, resource upside, and mid-tier ambitions.SMCorporate presentation
- Record revenues and EBITDA in Q1 2026, with expansion and acquisitions fueling future growth.SMQ1 2026
- 2025 saw strong revenue and profit growth, with major expansion and acquisition plans for 2026.SMQ4 2025
- Production growth, asset expansion, and exploration drive transition to mid-tier silver producer.SMCorporate presentation
- Production growth and Del Toro acquisition drive expansion, backed by strong financials.SMMetals Investor Forum 2026
- Production growth and asset expansion drive strong outlook, with Del Toro acquisition as a key catalyst.SMCorporate presentation
- Production growth and asset expansion drive strong outlook, with Del Toro restart on the horizon.SMCorporate presentation
Next Sierra Madre Gold and Silver earnings date
Q3 202627 Nov, 2026
Sierra Madre Gold and Silver
Next Sierra Madre Gold and Silver earnings date
Q3 202627 Nov, 2026
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Frequently asked questions
Sierra Madre Gold and Silver Ltd is a mineral exploration and development company focused on the acquisition and advancement of precious metal projects. The company primarily explores for gold and silver deposits, conducting activities such as geological mapping, sampling, drilling, and resource estimation. Its operations are based in Mexico, targeting historically productive mining districts with existing infrastructure. Sierra Madre Gold and Silver Ltd aims to progress its projects through systematic exploration and technical evaluation. The company is headquartered in Vancouver, Canada, and its shares are listed on the TSX Venture Exchange.