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Sierra Madre Gold and Silver: Sierra Madre Signs Formal Surface Agreements with Local Ejidos, Grants Incentive Options Sierra Madre or the Company ) (TSXV:SM) is pleased to announce that it has entered into formal surface rights agreements with the El Pantanal, El Refugio, and Trigomil Ejidos that allow the company to conduct exploration activities, including drilling, on Ejido lands. The land owned by these Ejidos cover all the exploration targets identified by the company to date. The agreements call for yearly payments of MP$100,000 to each Ejido with the first payments having been made. All parties have agreed to negotiate a comprehensive agreement allowing both exploration and exploitation activities.

Sierra madreDel refugioEl pantanalBritish columbiaAlexander langerRegulation services providerVenture exchangeSilver ltdSierra madre goldTrigomil ejidosStock option planMadre goldTepic propertyChief executive officerசியரா மாட்ரேஎல் ரேபுகிஓ