Sierra Madre : Why ?

Mexico is among the top 20 most attractive regions in the world for exploration and mining  according to results of a recent survey conducted by The Fraser Institute, an independent Canadian research organization.

The country’s appeal to mining companies stems from a combination of factors including

·        a strong mining culture

·        excellent geology

·        political stability

·        favorable tax and

·        permitting structures.

Under the country’s foreign-ownership laws, non-Mexican companies can maintain 100% ownership of their properties and reap the full benefits of successful exploration.

In this welcoming climate,

·        the recent strength of the gold price combined with

·        Mexico’s abundance of gold deposits

has fostered significant new investment. Several mines are expected to result from this latest rush to the region.