VANCOUVER, BC / ACCESSWIRE / December 28, 2022 / Sierra Madre Gold and Silver Ltd. (TSXV:SM) (“Sierra Madre” or the “Company“) is pleased to provide an update on its proposed acquisition (the “Acquisition“) of the La Guitarra Silver-Gold Mine (“La Guitarra“). On May 25, 2022, Sierra Madre entered an arm´s length definitive agreement with First Majestic Silver Corp. (“First Majestic“) to acquire a 100% interest in the 39,714-hectare La Guitarra Silver-Gold property in the Temascaltepec mining district, Mexico. Details of the Acquisition can be found here.