Sinda is a silver exploration company focused on the Sinda Property in the Guanajuato epithermal silver belt of Mexico. The company has no revenue or producing mines, centering its business on exploring and developing a single large-scale, high-grade silver-gold discovery. The Sinda Property covers approximately 6,232 hectares and hosts over 100 identified vein systems. Sinda's business model involves de-risking the deposit through drilling to expand its inferred and indicated mineral resource base. The company's strategy is to eventually build an underground mining operation that produces silver and gold flotation concentrates for sale to third-party smelters. Current operations focus on infill drilling to improve resource confidence, exploration of undrilled veins, and the construction of an underground decline to facilitate drilling at depth. While Sinda targets initial production by 2031, this goal is not yet supported by formal economic or technical studies. The company funds its exploration through equity issuances and operates as a controlled company under Electrum, with Fresnillo acting as a strategic investor.
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