Sierra Madre Gold and Silver (OTCPK:SMDR.F) 2025 Earnings Call Presentation

La Guitarra Mine Operations - Full commercial production commenced on January 1, 2025[13, 26, 64] - Q2 2025 sales reached 173,562 silver equivalent ounces[13, 44] - Q2 2025 revenues totaled $5.4 million[13, 44, 45] - Gross profit of $1.3 million was recorded for Q2 2025[13, 45] - Milled 41,235 tonnes of material in Q2 2025[45] Resource Update & Exploration - La Guitarra's 2023 resource update shows a 373% increase in Measured & Indicated silver-equivalent ounces, totaling 27.2 million ounces[30] - Inferred silver-equivalent ounces increased by 204%, reaching 20.2 million ounces[30] - The company is planning a +20,000m drill program in the Temascaltepec East District[49, 64] - Over 1,400 drill holes totaling 236,000 meters have been completed[48] Financial Position & Share Structure - A C$19.5 million private placement closed in July 2025[13, 40, 64] - Current assets, including cash, amounted to $5.9 million as of June 30, 2025[53, 64] - First Majestic Silver holds 37.7% of the company's shares[26, 54, 64]