Sierra Madre Early Repays US$2.5M Loan, Plans 50% Throughput Boost to 750 tpd
Sierra Madre repaid US$2.5M of its US$5M secured loan from First Majestic, covering half of the facility well before its May 2027 maturity. Accelerated cash flows from La Guitarra fund the remaining US$2.5M repayment, and a planned Q2 2026 expansion boosts throughput by at least 50% to 750 tpd.
1. Early Loan Repayment
Sierra Madre has repaid US$2.5M of its US$5M non-revolving secured term loan from First Majestic, representing half the facility and surpassing the planned amortization schedule ahead of the May 2027 maturity date.
2. Funding Driven by La Guitarra
The repayment was facilitated by robust cash flows from La Guitarra, which restarted commercial production in January 2025 and benefited from a favorable gold and silver price environment to accelerate revenue generation.
3. Q2 2026 Expansion Plans
The first phase of the La Guitarra processing expansion is slated to come online at the end of Q2 2026, increasing the current 500 tpd run rate by at least 50% to 750 tpd and improving operational throughput.
4. Financial Reporting Timeline
Sierra Madre expects to publish its fourth quarter and full-year 2025 financial and operating results in mid-April 2026, providing further insight into its capital structure and production metrics.