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Sierra Madre Announces Receipt of Drilling Permit and Formal Surface Agreements with Local Ejido at the La Tigra Project, Nayarit, Mexico
VANCOUVER, BC / ACCESSWIRE / February 24, 2022 / Sierra Madre Gold and Silver Ltd. (TSXV:SM)...
About this update from Sierra Madre Gold & Silver Ltd.
[{"type":"text","content":"Sierra Madre Announces Receipt of Drilling Permit and Formal Surface Agreements with Local Ejido at the La Tigra Project, Nayarit, MexicoVANCOUVER, BC / ACCESSWIRE / February 24, 2022 / Sierra Madre Gold and Silver Ltd. (TSXV:SM)(OTCQB:SMDRF) (\"Sierra Madre\" or the \"Company\") \") is pleased to announce that it has received a permit from SEMARNAT, the Mexican federal environmental permitting agency, authorizing the use of 30 drill pads within the La Tigra Project. Multiple exploration holes can be drilled and offset from each permitted pad. In addition, the Company has entered into formal surface rights exploration agreements with Ejidal Santa Maria Picachos; the surface owners at La Tigra, that allows for the commencement of the drilling program.Luis Saenz, Director of Exploration and Development for Sierra Madre states, \"I am very pleased at the progress that has been made at the La Tigra project. We began work on the project in July, 2021 and have rapidly moved it to a drill ready stage. The successful mapping, trenching and underground surveying programs have defined high quality drill targets and I am looking forward to the commencement of drilling.\"La Tigra Environmental, Community, and Social ProgramsThe company is delighted to report on its ongoing Environmental, Community, and Social programs. At the time Sierra Madre began work at La Tigra, there was no school building available for the children in the La Tigra project area. The company has since funded the re-opening of the El Jejito Elementary School and hired a full-time teacher for the children within the community.Restoring the El Jejito school buildingThe project site also lacked rudimentary sanitation facilities and the community water storage facility had fallen into disrepair. Rehabilitation of the water cistern previously used to store fresh water has been completed. The company has begun construction of enclosed latrines at each of the family houses in the La Tigra project area. Further environmentally friendly options for obtaining and storing potable water are currently being investigated.About Sierra MadreSierra Madre Gold and Silver Ltd. is a mineral exploration company, currently focused on the acquisition, exploration and development of the Tepic and La Tigra Properties in Nayarit, Mexico. The Company has an experienced management team with a prov...