Sierra Madre Gold and Silver has now commenced test mining and processing at its La Guitarra mine. The schedule for commercial production has also been accelerated. The flotation plant is currently averaging 259 dry tons per day (tpd), an important milestone for the company as it moves towards full commercial production of 500 tons per day at Guitarra, now scheduled for the fourth quarter of 2024. The chart has already provided clear buy signals and we see an initial price target of CAD 1.00 and 1.20 for the share.
Sierra Madre Gold and Silver has Started Production at La Guitarra
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