SIERRA MADRE DRILLING INTERSECTS 32 METRES OF 1.05 G/T AUEQ DURING MAIDEN DRILLING PROGRAM AT THE LA TIGRA PROJECT, NAYARIT, MEXICO

Vancouver, British Columbia – May 24, 2022 – Sierra Madre Gold and Silver Ltd. (TSXV: SM, OTCQB: SMDRF) (“Sierra Madre” or the “Company”) is pleased to announce the results from the first three holes of its maiden drilling program at the La Tigra Gold/Silver Project in the State of Nayarit, Mexico.

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