SIERRA MADRE SAMPLES 18.2 G/T GOLD AND 65.2 G/T SILVER AT NEWLY ACQUIRED LA TIGRA, IN NAYARIT, MEXICO

Vancouver, British Columbia – October 28, 2021 – Sierra Madre Gold and Silver Ltd. (TSXV: SM) (“Sierra Madre” or the “Company”) is pleased to provide an update on its La Tigra Gold and Silver project located in the State of Nayarit, Mexico. La Tigra is located approximately 148 km north of Sierra Madre’s Tepic project.

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