Sierra Madre Gold and Silver Announces the Start of Phase 2 Drilling at the Tepic Project, Nayarit, Mexico

VANCOUVER, BC / ACCESSWIRE / February 8, 2022 / Sierra Madre Gold and Silver Ltd. (TSXV:SM)(OTCQB:SMDRF) (“Sierra Madre” or the “Company”) is pleased to announce commencement of its Phase II drill program at its Tepic Silver Gold project, located in Nayarit, Mexico. With the success of the ongoing field work activities; including trenching, Sierra Madre has also increased its permitted drill pads from 47 to 182 drill pads with SEMERNAT, the Mexican federal environmental agency. This will allow the Company to potentially drill in excess of 300 holes, utilizing the same drill pads with offset drilling. The Company has also secured exploration agreements with all surface owners in the areas to be drilled.

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