10-Q

 

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

FORM 10-Q

[X]	QUARTERLY REPORT UNDER TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 FOR THE QUARTERLY PERIOD ENDED MARCH 31, 2015
	OR
[   ]	TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934

Commission File Number:   333-199780

SIERRA MADRE MINING, INC.

(Exact name of registrant as specified in its charter)

Delaware

(State or other jurisdiction of incorporation or organization)

18444 N 25th Ave. Suite #420–711, Phoenix, AZ 85023

 (Address of principal executive offices, including zip code)

480-658-3822

(Registrant’s telephone number, including area code)

Indicate by check mark whether the issuer (1) has filed all reports required to be filed by Section 13 or 15(d) of the Exchange Act during the preceding 12 months (or for such shorter period that the registrant was required to file such reports), and (2) has been subject to such filing requirements for the last 90 days.   YES [X]     NO [   ]

Indicate by check mark whether the registrant has submitted electronically and posted on its corporate Web site, if any, every Interactive Data File required to be submitted and posted pursuant to Rule 405 of Regulation S-T (SS 232.405 of this chapter) during the preceding 12 months (or for such shorter period that the registrant was required to submit and post such files).   YES [   ]     NO [X]

Indicate by check mark whether the registrant is a large accelerated filer, an accelerated filer, a non-accelerated filer, or a smaller reporting company.  See the definitions of “large accelerated filer,” “accelerated filer,” “non-accelerated filer,” and “smaller reporting company” in Rule 12b-2 of the Exchange Act. (Check one):

Large Accelerated Filer	[   ]	Accelerated Filer	[   ]
Non-accelerated Filer	[   ]	Smaller Reporting Company	[X]
(Do not check if smaller reporting company)

Indicate by check mark whether the registrant is a shell company (as defined in Rule 12b-2 of the Exchange Act).   YES [   ]     NO [X]

APPLICABLE ONLY TO CORPORATE ISSUERS:

Indicated the number of shares outstanding of each of the issuer’s classes of common stock, as of the latest practicable date:  Class A shares: 5,000,000, Class B shares: 122,300,000, total shares outstanding: 127,300,000 as of May 15^th, 2015

SIERRA MADRE MINING, INC.

1

 

TABLE OF CONTENTS

		Page No.
	Part I. - Financial Information
Item 1.	Financial Statements.
	Balance Sheets from March 31, 2015 (unaudited) and December 31, 2014 (audited)	F-1
	Statement of Operations for the three months ended March 31, 2015 and March 31, 2014	F-2
	Statement of Cash Flows for the three months ended March 31, 2015 and March 31, 2014	F-4
	Notes to Unaudited Financial Statements	F-5
Item 2.	Management’s Discussion and Analysis of Financial Condition and Results of Operations.	12
Item 3.	Quantitative and Qualitative Disclosure about Market Risk.	14
Item 4.	Controls and Procedures.	15
	Part II. - Other Information
Item 1A.	Risk Factors.	15
Item 2.	Use of Proceeds.	15
Item 6.	Exhibits.	15
Signatures		17
Exhibit Index		18

Table of Contents

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PART I. FINANCIAL INFORMATION

ITEM 1.              FINANCIAL STATEMENTS.

SIERRA MADRE MINING, INC.
(AN EXPLORATION STAGE COMPANY)
BALANCE SHEET
			March 31, 2015		December 31, 2014
			(Audited)		(Audited)
Assets
Current assets
	Cash and cash equivalents		$	0	$	0
		Total Current assets		0		0
	Property, Plant and Equipment(Net)			25,000		25,000
	Mining Claims			25,000		25,000
	Total Assets		$	50,000	$	50,000
Liabilities and Equity(Deficit)
Current liabilities
	Accrued Expenses		$	7,561	$	7,561
	Related Party Notes Payavble			12,292		12,205
		Total Current Liabilities		19,853		19,766
Commitments and Contingencies - Note 7
SIERRA MADRE MINING, INC. Shareholder's Deficit
	Common Stock, $0.000001 par value; 300,000,000,000 shares
	authorized at 12/31/2014 and 12/31/2013 all classes
		Class A Stock 5,000,000 and 5,000,000 issued and
		outstanding at 12/31/2014 and 12/31/2013		5		5
		Class B Stock 122,300,000 and 97,000,000 issued and outstanding
		at 12/31/2014 and 12/31/2013		122		122
	Additional Paid in Capital			66,061		66,061
	Accumulated deficit			(36,041)		(35,954)
		Total Equity(Deficit)		30,147		(30,234)
	Total liabilities and equity(Deficit)		$	50,000	$	50,000
"The accompanying notes are an integral part of these financial statements"

SIERRA MADRE MINING, INC.
(AN EXPLORATION STAGE COMPANY)
STATEMENT OF OPERATIONS
	For the period January 1, 2015 to March 31, 2015		For the period January 1, 2014 to March 31, 2014
Revenues	$	0	$	0
Cost of Sales		0		0
Gross Profit		0		0
Operating Expenses		97		2,172
Net Income(Loss) from Operations		(97)		(2,172)
Other Income (Expense)		0		0
Net Income(Loss) Before Provision for Income Taxes		(97)		(2,172)
Provision for income taxes		0		0
Net Income(Loss)	$	(97)	$	(2,172)
Basic and Diluted Loss Per Share		(0.00)		(0.00)
Weighted average number of shares outstanding		127,300,00		102,000,000
"The accompanying notes are an integral part of these financial statements"

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SIERRA MADRE MINING, INC.
(AN EXPLORATION STAGE COMPANY)
STATEMENT OF CASH FLOWS
	For the period January 1, 2015 to March 31, 2015		For the period January 1, 2014 to March 31, 2014
	(Audited)		(Audited)
Cash flows from operating activities:
Net income (loss)	$	(97)	$	(2,172)
				0
Net cash used in operating activities		(97)		(2,172)
Cash flows from investing activities:
None		0		0
Net cash provided(used) by investing activities		0		0
Cash flows from financing activities:
Net proceeds from related party loans		97		2,172
Net cash provided(used) by financing activities		97		2,172
Increase in cash and equivalents		0		0
Cash and cash equivalents at beginning of period		0		0
Cash and cash equivalents at end of period	$	0	$	0
"The accompanying notes are an integral part of these financial statements"

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Note 1.     Organization, History and Business

Sierra Madre Mining, Inc. (“the Company”) was incorporated in Delaware on November 1, 2013. The Company has adopted a year end of December 31.

The Company is in the business of mining for precious metals. It is currently an exploration stage company as set forth in Securities and Exchange Commission (SEC) Industry Guide #7 and, accordingly, expenses all exploration costs until proven and probable reserves are established.

Note 2.     Summary of Significant Accounting Policies

Revenue Recognition

Revenue is derived from sales of products to distributors and consumers. Revenue is recognized in accordance with Staff Accounting Bulletin (“SAB”) No. 101, “Revenue Recognition in Financial Statements,” as revised by SAB No. 104. As such, the Company recognizes revenue when persuasive evidence of an arrangement exists, title transfer has occurred, the price is fixed or readily determinable, and collectability is probable. Sales are recorded net of sales discounts and terms are recorded by contract.

Accounts Receivable

Accounts receivable is reported at the customers’ outstanding balances, less any allowance for doubtful accounts.  Interest is not accrued on overdue accounts receivable.

Allowance for Doubtful Accounts

An allowance for doubtful accounts on accounts receivable is charged to operations in amounts sufficient to maintain the allowance for uncollectible accounts at a level management believes is adequate to cover any probable losses.  Management determines the adequacy of the allowance based on historical write-off percentages and information collected from individual customers.  Accounts receivable are charged off against the allowance when collectability is determined to be permanently impaired.

Stock Based Compensation

When applicable, the Company will account for stock-based payments to employees in accordance with ASC 718, “Stock Compensation” (“ASC 718”).  Stock-based payments to employees include grants of stock, grants of stock options and issuance of warrants that are recognized in the consolidated statement of operations based on their fair values at the date of grant.

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The Company accounts for stock-based payments to non-employees in accordance with ASC 505-50, “Equity-Based Payments to Non-Employees.”  Stock-based payments to non-employees include grants of stock, grants of stock options and issuances of warrants that are recognized in the consolidated statement of operations based on the value of the vested portion of the award over the requisite service period as measured at its then-current fair value as of each financial reporting date.

The Company calculates the fair value of option grants and warrant issuances utilizing the Binomial pricing model.  The amount of stock-based compensation recognized during a period is based on the value of the portion of the awards that are ultimately expected to vest.  ASC 718 requires forfeitures to be estimated at the time stock options are granted and warrants are issued to employees and non-employees, and revised, if necessary, in subsequent periods if actual forfeitures differ from those estimates.  The term “forfeitures” is distinct from “cancellations” or “expirations” and represents only the unvested portion of the surrendered stock option or warrant.  The Company estimates forfeiture rates for all unvested awards when calculating the expense for the period.  In estimating the forfeiture rate, the Company monitors both stock option and warrant exercises as well as employee termination patterns.  The resulting stock-based compensation expense for both employee and non-employee awards is generally recognized on a straight-line basis over the period in which the Company expects to receive the benefit, which is generally the vesting period.

Loss per Share

The Company reports earnings (loss) per share in accordance with ASC Topic 260-10, "Earnings per Share." Basic earnings (loss) per share is computed by dividing income (loss) available to common shareholders by the weighted average number of common shares available. Diluted earnings (loss) per share is computed similar to basic earnings (loss) per share except that the denominator is increased to include the number of additional common shares that would have been outstanding if the potential common shares had been issued and if the additional common shares were dilutive.  Diluted earnings (loss) per share has not been presented since there are no dilutive securities.

Cash and Cash Equivalents

For purpose of the statements of cash flows, the Company considers cash and cash equivalents to include all stable, highly liquid investments with maturities of three months or less.

Concentration of Credit Risk

The Company primarily transacts its business with one financial institution. The amount on deposit in that one institution may from time to time exceed the federally-insured limit.

Use of Estimates

The preparation of financial statements in conformity with accounting principles generally accepted in the United States of America requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities and disclosure of contingent assets and liabilities at the date of the financial statements and the reported amounts of revenues and expenses during the reporting period.  Actual results could differ from those estimates.

Business segments

ASC 280, “Segment Reporting” requires use of the “management approach” model for segment reporting. The management approach model is based on the way a company’s management organizes segments within the company for making operating decisions and assessing performance. The Company determined it has one operating segment as of December 31, 2014.

Income Taxes

The Company accounts for its income taxes under the provisions of ASC Topic 740, “Income Taxes.” The method of accounting for income taxes under ASC 740 is an asset and liability method. The asset and

Note 2.     Summary of Significant Accounting Policies (continued)

liability method requires the recognition of deferred tax liabilities and assets for the expected future tax

consequences of temporary differences between tax bases and financial reporting bases of other assets and liabilities.

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Recent Accounting Pronouncements

The Company continually assesses any new accounting pronouncements to determine their applicability to the Company. Where it is determined that a new accounting pronouncement affects the Company’s financial reporting, the Company undertakes a study to determine the consequence of the change to its financial statements and assures that there are proper controls in place to ascertain that the Company’s financials properly reflect the change. The Company currently does not have any recent accounting pronouncements that they are studying and feel may be applicable.

Note 3.     Income Taxes

Deferred income tax assets and liabilities are computed annually for differences between financial statement and tax bases of assets and liabilities that will result in taxable or deductible amounts in the future based on enacted tax laws and rates applicable to the periods in which the differences are expected to affect taxable income. Valuation allowances are established when necessary to reduce deferred tax assets to the amount expected to be realized. Income tax expense is the tax payable or refundable for the period plus or minus the change during the period in deferred tax assets and liabilities.

The effective tax rate on the net loss before income taxes differs from the U.S. statutory rate as follows:

	3/31/2015		3/31/2014
U.S statutory rate		34.00%		34.00%
Less valuation allowance		-34.00%		-34.00%
Effective tax rate		0.00%		0.00%

The significant components of deferred tax assets and liabilities are as follows:

	3/31/2015		3/31/2014
Deferred tax assets
Net operating losses	$	(97)	$	(2,172)
Deferred tax liability
Net deferred tax assets		(33)		(738)
Less valuation allowance		33		738
Deferred tax asset - net valuation allowance	$	0	$	0

Note 3.     Income Taxes (Continued)

On an interim basis, the Company has a net operating loss carryover of approximately $36,051 available to offset future income for income tax reporting purposes, which will expire in various years through 2032, if not previously utilized. However, the Company’s ability to use the carryover net operating loss may be substantially limited or eliminated pursuant to Internal Revenue Code Section 382. The Company adopted the provisions of ASC 740-10-50, formerly FIN 48, and “Accounting for Uncertainty in Income Taxes”. The Company had no material unrecognized income tax assets or liabilities as of March 31, 2015.

The Company’s policy regarding income tax interest and penalties is to expense those items as general and administrative expense but to identify them for tax purposes. During the period November 1, 2013(inception) through March 31, 2015, there were no income tax, or related interest and penalty items in the income statement, or liabilities on the balance sheet. The Company files income tax returns in the U.S. federal jurisdiction and Arizona state jurisdiction.  We are not currently involved in any income tax examinations.

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Note 4.   Related Party Transactions

Related Party Stock Issuances since Inception:

The following stock issuances were made to officers of the company as compensation for services:

On November 1, 2013 the Company issued 100,000,000 of its authorized common stock class A shares to Joseph Lacome in exchange for $100.

On November 1, 2013 the Company issued 10,000,000 of its authorized common stock class A shares to Michael Brown in exchange for $100.

Thomas Arkoosh, John Arkoosh and Keith S. Jay, and other members of Gold Basin Mining LLC & AJA Mining LLC, joint venture operators have received 15,000,000 of common stock class B shares for an ownership interest in the mining claims.

Additionally, the company currently has no cash account and has funded operations to this point through the issuance of common stock as well as short term loans from related parties. These loans are due on demand, carry a zero percent interest rate and the balance owed by the Company at March 31, 2015 was $12,292.

Note 5.   Stockholders’ Equity

Common Stock

The holders of the Company's common stock class A are entitled to one vote per share of common stock held. As of March 31, 2015 there were 5,000,000 shares issued and outstanding.

As of December 31, 2015 the Company had 122,300,000 shares of common stock class B which are nonvoting shares issued and outstanding.

Note 6.    Commitments and Contingencies 

Commitments:

The Company currently has no long term commitments as of our balance sheet date.

Contingencies:

None as of our balance sheet date.

Note 7 – Net Income(Loss) Per Share

The following table sets forth the information used to compute basic and diluted net income per share attributable to Sierra Madre Mining, Inc.  for the three months ended March 31, 2015 and  March 31, 2014:

	31-Mar-15		31-Mar-14
Net Income (Loss)	$	(97)	$	(2,172)
Weighted-average common shares outstanding basic:
Weighted-average common stock		127,300,000		102,000,000
Equivalents
Stock options		0		0
Warrants		0		0
Convertible Notes		0		0
Weighted-average common shares
outstanding- Diluted		127,300,000		102,000,000

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Note 8.    Notes Payable

Notes payable consist of the following for the periods ended;	3/31/15		12/31/2014
Officer related party working capital notes with no stated interest rate. Note is payable on demand .
	$	12,292	$	12,205
Total Notes Payable		12,292		12,205
Less Current Portion		(12,292)		(12,205)
Long Term Notes Payable	$	0	$	0

Note 9.    Going Concern

The accompanying financial statements have been prepared assuming that the Company will continue as a going concern. Currently, the Company has no operating history and has incurred operating losses, and as of March 31, 2015 the Company had a working capital deficit and an accumulated deficit. These factors raise substantial doubt about the Company’s ability to continue as a going concern. Management believes that the Company’s capital requirements will depend on many factors including the success of the Company’s development efforts and its efforts to raise capital. Management also believes the Company needs to raise additional capital for working capital purposes. There is no assurance that such financing will be available in the future.   The conditions described above raise substantial doubt about our ability to continue as a going concern. The financial statements of the Company do not include any adjustments relating to the recoverability and classification of recorded assets, or the amounts and classifications of liabilities that might be necessary should the Company be unable to continue as a going concern.

Note 10.    Subsequent Events

The Company is currently in the process of registering $25,000,000 worth of Class B shares through a S-1 registration, and expects this registration to become effective at some point during the current fiscal year.

F-5

ITEM 2. MANAGEMENT’S DISCUSSION AND ANALYSIS OF FINANCIAL CONDITION AND RESULTS OF OPERATIONS.

This Management’s Discussion and Analysis includes a number of forward-looking statements that reflect our current views with respect to future events and financial performance. Forward-looking statements are often identified by words like: “believe,” “expect,” “estimate,” “anticipate,” “intend,” “project,” “will,” “should” and similar expressions, or words which, by their nature, refer to future events. You should not place undue certainty on these forward-looking statements, which apply only as of the date of this Form 10-Q. These forward-looking statements are subject to certain risks and uncertainties that could cause actual results to differ materially from historical results or our predictions. We undertake no obligation to update or revise publicly any forward-looking statements, whether because of new information, future events, or otherwise.

Plan of Operation

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We are an exploration-stage mining company.  We have had no revenue since inception.  The proceeds from our public offering will allow us to obtain a bond, and conduct drilling and exploration on the mining claims we have an interest in.  We have not fully implemented our business plan and will not do so until we complete our public offering.  An exploration stage corporation is one engaged in the search for minerals which are not in either the development or production stage.

Our auditors have issued a going concern opinion. This means that there is substantial doubt that we can continue as an on-going business for the next twelve months unless we obtain additional capital to pay our bills. This is because we have not generated any revenues and no revenues are anticipated until we begin selling minerals.  Our only other source for cash at this time is investments by our directors. We must raise cash to implement our project and stay in business. Our success or failure will be determined by how quickly we can obtain these funds.  The more money we raise, the more exploration we can conduct on our copper blowout ridge project. 

We intend to develop our properties by ourselves.  We do not intend to hire additional employees at this time. All of the work on the property will be conduct by our JV partners.

In the event we complete our exploration program prior to the end of one year, we will spend the balance of the year creating a program for obtaining an operating permit, and developing the property. If we do not find minerals on the copper blowout ridge, we will attempt to locate a new property, raise additional money, and explore the new property.

Limited Operating History; Need for Additional Capital

There is no historical financial information about us upon which to base an evaluation of our performance. We are an exploration stage corporation and have generated no revenue from operations. We cannot guarantee we will be successful in our business operations. Our business is subject to risks inherent in the establishment of a new business enterprise, including limited capital resources, possible delays in the exploration of the property, and possible cost overruns due to price and cost increases in services.

To become profitable and competitive, we must find minerals in commercially viable quantities.  We have no assurance that future financing will be available to us on acceptable terms. If financing is not available on satisfactory terms, we may be unable to continue, develop or expand our operations. Equity financing could result in additional dilution to existing shareholders.

Results of Operations

From Inception

Since inception, our directors have paid all our legal and accounting expenses.

Liquidity and Capital Resources

To meet our need for cash we are attempting to raise money from our public offering. We will be able to maintain our SEC filings if we raise $25,000.  By raising additional money, we will be able to conduct drilling and core sampling at the copper blowout ridge.  Whatever money we do raise, will be applied to the items set forth in the Use of Proceeds section of our prospectus. If our drilling is successful we will attempt to raise additional money through a subsequent private placement, public offering or through loans to conduct more drilling, and obtain an operating permit. 

At the present time, we have not made any arrangements to raise additional cash, other than through our public offering. If we need additional cash and can’t raise it we will either have to suspend operations until we do raise the cash, or cease operations entirely. If we raise the minimum amount of money from our public offering, it will last a year. Other than as described in this paragraph, we have no other financing plans.

ITEM 3. QUANTITATIVE AND QUALITATIVE DISCLOSURE ABOUT MARKET RISK.

We are a smaller reporting company as defined by Rule 12b-2 of the Securities Exchange Act of 1934 and are not required to provide the information under this item.

ITEM 4.              CONTROLS AND PROCEDURES.

Under the supervision and with the participation of our management, including the CEO & PAO, Mr. Brown, we have evaluated the effectiveness of our disclosure controls and procedures as required by Exchange Act Rule 13a-15(b) as of the end of the period covered by this report. Based on that evaluation, the CEO has concluded that these disclosure controls and procedures are effective.  There were no changes in our internal control over financial reporting during the quarter ended 2/28/15 that have materially affected, or are reasonably likely to materially affect, our internal control over financial reporting.

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PART II. OTHER INFORMATION

ITEM 1A.           RISK FACTORS.

We are a smaller reporting company as defined by Rule 12b-2 of the Securities Exchange Act of 1934 and are not required to provide the information under this item.

ITEM 2.              USE OF PROCEEDS.

On 1/2/2015, our Form S-1 registration statement was declared effective by the SEC.  Under the terms of said registration statement, we may sell up to $25,000,000 worth of our Class B stock at $.25 per share.  As of the date hereof, we have not sold any shares of common stock.  There are no underwriters involved in our public offering.

ITEM 6.              EXHIBITS.

		Incorporated by reference			Filed
Exhibit	Document Description	Form	Date	Number	herewith
3.1	Articles of Incorporation.	S-1	11/3/14	3.1
3.2	Bylaws.	S-1	11/3/14	3.2
31.1	Certification of Principal Executive Officer and Principal Financial Officer pursuant to Section 302 of the Sarbanes-Oxley Act of 2002.				X
32.1	Certification of Chief Executive Officer and Chief Financial Officer pursuant to Section 906 of the Sarbanes-Oxley Act of 2002.				X
99.1	Subscription Agreement.	S-1	11/3/14	99.1

SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, this report has been signed below by the following person on behalf of the Registrant and in the capacities on 5/15/15.

SIERRA MADRE MINING, INC.
BY:	MICHAEL BROWN
	Michael Brown
	President, Chief Executive Officer, Principal Accounting Officer, Chief Financial Officer

Pursuant to the requirements of the Securities Exchange Act of 1934, this report has been signed below by the following persons on behalf of the registrant and in the capacities and on the dates indicated.

Signature Title Date

/s/ Joseph LaCome Joseph LaCome Director 5/15/15

11

 

EXHIBIT INDEX

		Incorporated by reference			Filed
Exhibit	Document Description	Form	Date	Number	herewith
3.1	Articles of Incorporation.	S-1	11/3/14	3.1
3.2	Bylaws.	S-1	11/3/14	3.2
31.1	Certification of Principal Executive Officer and Principal Financial Officer pursuant to Section 302 of the Sarbanes-Oxley Act of 2002.				X
32.1	Certification of Chief Executive Officer and Chief Financial Officer pursuant to Section 906 of the Sarbanes-Oxley Act of 2002.				X
99.1	Subscription Agreement.	S-1	11/3/14	99.1

12

EX-31

 

Exhibit 31.1

CERTIFICATION OF CHIEF EXECUTIVE OFFICER PURSUANT TO

RULE 13A-14(A) OF THE SECURITIES EXCHANGE ACT OF 1934,

AS ADOPTED PURSUANT TO

SECTION 302 OF THE SARBANES-OXLEY ACT OF 2002

I, Michael Brown, certify that:

1.	I have reviewed this Quarterly Report on Form 10-Q of Sierra Madre Mining, Inc.;
2.	Based on my knowledge, this report does not contain any untrue statement of a material fact or omit to state a material fact necessary to make the statements made, in light of the circumstances under which such statements were made, not misleading with respect to the period covered by this report;
3.	Based on my knowledge, the financial statements, and other financial information included in this report, fairly present in all material respects the financial condition, results of operations and cash flows of the registrant as of, and for, the periods presented in this report;
4.	The registrant’s other certifying officer and I are responsible for establishing and maintaining disclosure controls and procedures (as defined in Exchange Act Rules 13a-15(e) and 15d-15(e)) and internal control over financial reporting (as defined in Exchange Act Rules 13a-15(f) and 15d-15(f)) for the registrant and have:
	a.	Designed such disclosure controls and procedures, or caused such disclosure controls and procedures to be designed under our supervision, to ensure that material information relating to the registrant, including its consolidated subsidiaries, is made known to us by others within those entities, particularly during the period in which this report is being prepared;
	b.	Designed such internal control over financial reporting, or caused such internal control over financial reporting to be designed under our supervision, to provide reasonable assurance regarding the reliability of financial reporting and the preparation of financial statements for external purposes in accordance with generally accepted accounting principles;
	c.	Evaluated the effectiveness of the registrant’s disclosure controls and procedures and presented in this report our conclusions about the effectiveness of the disclosure controls and procedures, as of the end of the period covered by this report based on such evaluation; and
	d.	Disclosed in this report any change in the registrant’s internal control over financial reporting that occurred during the registrant’s most recent fiscal quarter (the registrant’s fourth fiscal quarter in the case of an annual report) that has materially affected, or is reasonably likely to materially affect, the registrant’s internal control over financial reporting; and
5.	The registrant’s other certifying officer and I have disclosed, based on our most recent evaluation of internal control over financial reporting, to the registrant’s auditors and the audit committee of the registrant’s board of directors (or persons performing the equivalent functions):
	a.	All significant deficiencies and material weaknesses in the design or operation of internal control over financial reporting which are reasonably likely to adversely affect the registrant’s ability to record, process, summarize and report financial information; and
	b.	Any fraud, whether or not material, that involves management or other employees who have a significant role in the registrant’s internal control over financial reporting.
Date:			May 15th, 2015	/s/ MICHAEL BROWN
				Michael Brown
				Chief Executive Officer and Chief Financial Officer

EX-32

Exhibit 32.1

CERTIFICATION PURSUANT TO 18 U.S.C. Section 1350,

AS ADOPTED PURSUANT TO SECTION 906 OF THE SARBANES-OXLEY ACT OF 2002

The undersigned, Michael Brown, Chief Executive Officer and Chief Financial Officer of the Company, has executed this Certification in connection with the filing with the Securities and Exchange Commission of Sierra Madre Mining’s Annual Report on Form 10-Q for the period ending March 31, 2015 (the Report)

The undersigned hereby certifies, to his knowledge, that:

(1)	The Report fully complies with the requirements of Section 13(a) or 15(d) of the Securities Exchange Act of 1934; and
(2)	The information contained in this Report fairly presents, in all material respects, the financial condition and results of operations of Sierra Madre Mining, Inc.

Dated May 15, 2015.

/s/ MICHAEL BROWN

Michael Brown

President, Chief Executive Officer and Chief Financial Officer

XML

Notes Payable (Details 1) (USD $)	Mar. 31, 2015	Dec. 31, 2014
Notes Payable 4 [Abstract]
Officer related party working capital notes with no stated interest rate. Note is payable on demand .	$ 12,292	$ 12,205
Total Notes Payable	12,292	12,205
Less Current Portion	(12,292)	(12,205)
Long Term Notes Payable	$ 0	$ 0

XML

Stockholders' Equity

17 Months Ended

Mar. 31, 2015

Stockholders’ Equity [Abstract]

Stockholders' Equity

Note 5.   Stockholders' Equity

Common Stock

The holders of the Company's common stock class A are entitled to one vote per share of common stock held. As of March 31, 2015 there were 5,000,000 shares issued and outstanding.

As of December 31, 2015 the Company had 122,300,000 shares of common stock class B which are nonvoting shares issued and outstanding.

XML

Related Party Transactions

17 Months Ended

Mar. 31, 2015

Related Party Transactions [Abstract]

Related Party Transactions

Note 4.   Related Party Transactions

Related Party Stock Issuances since Inception:

The following stock issuances were made to officers of the company as compensation for services:

On November 1, 2013 the Company issued 100,000,000 of its authorized common stock class A shares to Joseph Lacome in exchange for $100.

On November 1, 2013 the Company issued 10,000,000 of its authorized common stock class A shares to Michael Brown in exchange for $100.

Thomas Arkoosh, John Arkoosh and Keith S. Jay, and other members of Gold Basin Mining LLC & AJA Mining LLC, joint venture operators have received 15,000,000 of common stock class B shares for an ownership interest in the mining claims.

Additionally, the company currently has no cash account and has funded operations to this point through the issuance of common stock as well as short term loans from related parties. These loans are due on demand, carry a zero percent interest rate and the balance owed by the Company at March 31, 2015 was $12,292.

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BALANCE SHEET (USD $)	Mar. 31, 2015	Dec. 31, 2014
Current assets
Cash and cash equivalents	$ 0	$ 0
Total Current assets	0	0
Property, Plant and Equipment(Net)	25,000	25,000
Mining Claims	25,000	25,000
Total Assets	50,000	50,000
Current liabilities
Accrued Expenses	7,561	7,561
Related Party Notes Payavble	12,292	12,205
Total Current Liabilities	19,853	19,766
Commitments and Contingencies - Note 7
Class A Stock 5,000,000 and 5,000,000 issued and
outstanding at 12/31/2014 and 12/31/2013	5	5
Class B Stock 122,300,000 and 97,000,000 issued and outstanding
at 12/31/2014 and 12/31/2013	122	122
Additional Paid in Capital	66,061	66,061
Accumulated deficit	(36,041)	(35,954)
Total Equity(Deficit)	30,147	(30,234)
Total liabilities and equity(Deficit)	$ 50,000	$ 50,000

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Summary of Significant Accounting Policies

17 Months Ended

Mar. 31, 2015

Summary of Significant Accounting Policies [Abstract]

Summary of Significant Accounting Policies

Note 2.     Summary of Significant Accounting Policies

Revenue Recognition

Revenue is derived from sales of products to distributors and consumers. Revenue is recognized in accordance with Staff Accounting Bulletin (“SAB”) No. 101, “Revenue Recognition in Financial Statements,” as revised by SAB No. 104. As such, the Company recognizes revenue when persuasive evidence of an arrangement exists, title transfer has occurred, the price is fixed or readily determinable, and collectability is probable. Sales are recorded net of sales discounts and terms are recorded by contract.

Accounts Receivable

Accounts receivable is reported at the customers' outstanding balances, less any allowance for doubtful accounts.  Interest is not accrued on overdue accounts receivable.

Allowance for Doubtful Accounts

An allowance for doubtful accounts on accounts receivable is charged to operations in amounts sufficient to maintain the allowance for uncollectible accounts at a level management believes is adequate to cover any probable losses.  Management determines the adequacy of the allowance based on historical write-off percentages and information collected from individual customers.  Accounts receivable are charged off against the allowance when collectability is determined to be permanently impaired.

Stock Based Compensation

When applicable, the Company will account for stock-based payments to employees in accordance with ASC 718, “Stock Compensation” (“ASC 718”).  Stock-based payments to employees include grants of stock, grants of stock options and issuance of warrants that are recognized in the consolidated statement of operations based on their fair values at the date of grant.

The Company accounts for stock-based payments to non-employees in accordance with ASC 505-50, “Equity-Based Payments to Non-Employees.”  Stock-based payments to non-employees include grants of stock, grants of stock options and issuances of warrants that are recognized in the consolidated statement of operations based on the value of the vested portion of the award over the requisite service period as measured at its then-current fair value as of each financial reporting date.

The Company calculates the fair value of option grants and warrant issuances utilizing the Binomial pricing model.  The amount of stock-based compensation recognized during a period is based on the value of the portion of the awards that are ultimately expected to vest.  ASC 718 requires forfeitures to be estimated at the time stock options are granted and warrants are issued to employees and non-employees, and revised, if necessary, in subsequent periods if actual forfeitures differ from those estimates.  The term “forfeitures” is distinct from “cancellations” or “expirations” and represents only the unvested portion of the surrendered stock option or warrant.  The Company estimates forfeiture rates for all unvested awards when calculating the expense for the period.  In estimating the forfeiture rate, the Company monitors both stock option and warrant exercises as well as employee termination patterns.  The resulting stock-based compensation expense for both employee and non-employee awards is generally recognized on a straight-line basis over the period in which the Company expects to receive the benefit, which is generally the vesting period.

Loss per Share

The Company reports earnings (loss) per share in accordance with ASC Topic 260-10, "Earnings per Share." Basic earnings (loss) per share is computed by dividing income (loss) available to common shareholders by the weighted average number of common shares available. Diluted earnings (loss) per share is computed similar to basic earnings (loss) per share except that the denominator is increased to include the number of additional common shares that would have been outstanding if the potential common shares had been issued and if the additional common shares were dilutive.  Diluted earnings (loss) per share has not been presented since there are no dilutive securities.

Cash and Cash Equivalents

For purpose of the statements of cash flows, the Company considers cash and cash equivalents to include all stable, highly liquid investments with maturities of three months or less.

Concentration of Credit Risk

The Company primarily transacts its business with one financial institution. The amount on deposit in that one institution may from time to time exceed the federally-insured limit.

Use of Estimates

The preparation of financial statements in conformity with accounting principles generally accepted in the United States of America requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities and disclosure of contingent assets and liabilities at the date of the financial statements and the reported amounts of revenues and expenses during the reporting period.  Actual results could differ from those estimates.

Business segments

ASC 280, “Segment Reporting” requires use of the “management approach” model for segment reporting. The management approach model is based on the way a company's management organizes segments within the company for making operating decisions and assessing performance. The Company determined it has one operating segment as of December 31, 2014.

Income Taxes

The Company accounts for its income taxes under the provisions of ASC Topic 740, “Income Taxes.” The method of accounting for income taxes under ASC 740 is an asset and liability method. The asset and

Note 2.     Summary of Significant Accounting Policies (continued)

liability method requires the recognition of deferred tax liabilities and assets for the expected future tax

consequences of temporary differences between tax bases and financial reporting bases of other assets and liabilities.

Recent Accounting Pronouncements

The Company continually assesses any new accounting pronouncements to determine their applicability to the Company. Where it is determined that a new accounting pronouncement affects the Company's financial reporting, the Company undertakes a study to determine the consequence of the change to its financial statements and assures that there are proper controls in place to ascertain that the Company's financials properly reflect the change. The Company currently does not have any recent accounting pronouncements that they are studying and feel may be applicable.

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Related Party Transactions (Details Text)	17 Months Ended
	Mar. 31, 2015
Related Party Transactions 4 [Abstract]
Related Party Transactions	The following stock issuances were made to officers of the company as compensation for services: On November 1, 2013 the Company issued 100,000,000 of its authorized common stock class A shares to Joseph Lacome in exchange for $100. On November 1, 2013 the Company issued 10,000,000 of its authorized common stock class A shares to Michael Brown in exchange for $100. Thomas Arkoosh, John Arkoosh and Keith S. Jay, and other members of Gold Basin Mining LLC & AJA Mining LLC, joint venture operators have received 15,000,000 of common stock class B shares for an ownership interest in the mining claims. Additionally, the company currently has no cash account and has funded operations to this point through the issuance of common stock as well as short term loans from related parties. These loans are due on demand, carry a zero percent interest rate and the balance owed by the Company at March 31, 2015 was $12,292.

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- Net Income(Loss) Per Share (Details 1) (USD $)	Mar. 31, 2015	Mar. 31, 2014
- Net Income(Loss) Per Share [Abstract]
Net Income (Loss)	$ (97)	$ (2,172)
Weighted-average common stock	127,300,000	102,000,000
Equivalents
Stock options	0	0
Warrants	0	0
Convertible Notes	$ 0	$ 0
Weighted-average common shares outstanding- Diluted	127,300,000	102,000,000

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Income Taxes

17 Months Ended

Mar. 31, 2015

Income Taxes [Abstract]

Income Taxes

Note 3.     Income Taxes

Deferred income tax assets and liabilities are computed annually for differences between financial statement and tax bases of assets and liabilities that will result in taxable or deductible amounts in the future based on enacted tax laws and rates applicable to the periods in which the differences are expected to affect taxable income. Valuation allowances are established when necessary to reduce deferred tax assets to the amount expected to be realized. Income tax expense is the tax payable or refundable for the period plus or minus the change during the period in deferred tax assets and liabilities.

The effective tax rate on the net loss before income taxes differs from the U.S. statutory rate as follows:

	3/31/2015		3/31/2014
U.S statutory rate		34.00%		34.00%
Less valuation allowance		-34.00%		-34.00%
Effective tax rate		0.00%		0.00%

The significant components of deferred tax assets and liabilities are as follows:

	3/31/2015		3/31/2014
Deferred tax assets
Net operating losses	$	(97)	$	(2,172)
Deferred tax liability
Net deferred tax assets		(33)		(738)
Less valuation allowance		33		738
Deferred tax asset - net valuation allowance	$	0	$	0

Note 3.     Income Taxes (Continued)

On an interim basis, the Company has a net operating loss carryover of approximately $36,051 available to offset future income for income tax reporting purposes, which will expire in various years through 2032, if not previously utilized. However, the Company's ability to use the carryover net operating loss may be substantially limited or eliminated pursuant to Internal Revenue Code Section 382. The Company adopted the provisions of ASC 740-10-50, formerly FIN 48, and “Accounting for Uncertainty in Income Taxes”. The Company had no material unrecognized income tax assets or liabilities as of March 31, 2015.

The Company's policy regarding income tax interest and penalties is to expense those items as general and administrative expense but to identify them for tax purposes. During the period November 1, 2013(inception) through March 31, 2015, there were no income tax, or related interest and penalty items in the income statement, or liabilities on the balance sheet. The Company files income tax returns in the U.S. federal jurisdiction and Arizona state jurisdiction.  We are not currently involved in any income tax examinations.

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STATEMENT OF OPERATIONS (USD $)	3 Months Ended	17 Months Ended
	Mar. 31, 2015	Mar. 31, 2015
Income Statement [Abstract]
Revenues	$ 0	$ 0
Cost of Sales	0	0
Gross Profit	0	0
Operating Expenses	97	2,172
Net Income(Loss) from Operations	(97)	(2,172)
Other Income (Expense)	0	0
Net Income(Loss) Before
Provision for Income Taxes	(97)	(2,172)
Provision for income taxes	0	0
Net Income(Loss)	$ (97)	$ (2,172)
Basic and Diluted Loss Per Share	$ 0.00	$ 0.00
Weighted average number of shares outstanding	127,300,000	102,000,000

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- Net Income(Loss) Per Share (Tables)

17 Months Ended

Mar. 31, 2015

- Net Income(Loss) Per Share (Tables) [Abstract]

The following table sets forth

The following table sets forth the information used to compute basic and diluted net income per share attributable to Sierra Madre Mining, Inc.  for the three months ended March 31, 2015 and  March 31, 2014:

	31-Mar-15		31-Mar-14
Net Income (Loss)	$	(97)	$	(2,172)
Weighted-average common shares outstanding  basic:
Weighted-average common stock		127,300,000		102,000,000
Equivalents
Stock options		0		0
Warrants		0		0
Convertible Notes		0		0
Weighted-average common shares
outstanding-  Diluted		127,300,000		102,000,000

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Document and Entity Information	3 Months Ended
	Mar. 31, 2015
Document and Entity Information [Abstract]
Document Type	10-Q
Amendment Flag	false
Document Period End Date	Mar. 31, 2015
Document Fiscal Year Focus	2015
Document Fiscal Period Focus	Q1
Entity Registrant Name	SIERRA MADRE MINING, INC.
Entity Central Index Key	0001620908
Current Fiscal Year End Date	--12-31
Entity Filer Category	Smaller Reporting Company
Entity Common Stock, Shares Outstanding	127,300,000
Entity Well-known Seasoned Issuer	No
Entity Voluntary Filers	No
Entity Current Reporting Status	Yes

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Notes Payable (Tables)

17 Months Ended

Mar. 31, 2015

Notes Payable (Tables) [Abstract]

Notes Payable

Note 8.    Notes Payable

Notes payable consist of the following for the periods ended;	3/31/15		12/31/2014
Officer related party working capital notes with no stated interest rate. Note is payable on demand .
	$	12,292	$	12,205
Total Notes Payable		12,292		12,205
Less Current Portion		(12,292)		(12,205)
Long Term Notes Payable	$	0	$	0

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STATEMENT OF CASH FLOWS (USD $)	3 Months Ended	17 Months Ended
	Mar. 31, 2015	Mar. 31, 2015
Cash flows from operating activities:
Net income (loss)	$ (97)	$ (2,172)
Total STATEMENT OF CASH FLOWS		0
Net cash used in operating activities	(97)	(2,172)
Cash flows from investing activities:
None	0	0
Net cash provided(used) by investing activities	0	0
Cash flows from financing activities:
Net proceeds from related party loans	97	2,172
Net cash provided(used) by financing activities	97	2,172
Increase in cash and equivalents	0	0
Cash and cash equivalents at beginning of period	0	0
Cash and cash equivalents at end of period	$ 0	$ 0

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Notes Payable

17 Months Ended

Mar. 31, 2015

Notes Payable [Abstract]

Notes Payable

Note 8.    Notes Payable

Notes payable consist of the following for the periods ended;	3/31/15		12/31/2014
Officer related party working capital notes with no stated interest rate. Note is payable on demand .
	$	12,292	$	12,205
Total Notes Payable		12,292		12,205
Less Current Portion		(12,292)		(12,205)
Long Term Notes Payable	$	0	$	0

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- Net Income(Loss) Per Share

17 Months Ended

Mar. 31, 2015

- Net Income(Loss) Per Share [Abstract]

- Net Income(Loss) Per Share

Note 7 - Net Income(Loss) Per Share

The following table sets forth the information used to compute basic and diluted net income per share attributable to Sierra Madre Mining, Inc.  for the three months ended March 31, 2015 and  March 31, 2014:

	31-Mar-15		31-Mar-14
Net Income (Loss)	$	(97)	$	(2,172)
Weighted-average common shares outstanding  basic:
Weighted-average common stock		127,300,000		102,000,000
Equivalents
Stock options		0		0
Warrants		0		0
Convertible Notes		0		0
Weighted-average common shares
outstanding-  Diluted		127,300,000		102,000,000

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Stockholders' Equity (Details Text)	Mar. 31, 2015
Stockholders Equitydetailstext [Abstract]
class a shares issued & outstanding	5,000,000
class B shares issued & outstanding	122,300,000

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Income Taxes (Details 1) (USD $)	Mar. 31, 2015	Mar. 31, 2014
Income Taxes [Abstract]
U.S statutory rate	34.00%	34.00%
Less valuation allowance	$ (34.00)	$ (34.00)
Effective tax rate	0.00%	0.00%

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Significant Accounting Policies (Policies)

17 Months Ended

Mar. 31, 2015

Significant Accounting Policies (Policies) [Abstract]

Revenue Recognition

Revenue Recognition

Revenue is derived from sales of products to distributors and consumers. Revenue is recognized in accordance with Staff Accounting Bulletin (“SAB”) No. 101, “Revenue Recognition in Financial Statements,” as revised by SAB No. 104. As such, the Company recognizes revenue when persuasive evidence of an arrangement exists, title transfer has occurred, the price is fixed or readily determinable, and collectability is probable. Sales are recorded net of sales discounts and terms are recorded by contract.

Accounts Receivable

Accounts Receivable

Accounts receivable is reported at the customers' outstanding balances, less any allowance for doubtful accounts.  Interest is not accrued on overdue accounts receivable.

Allowance for Doubtful Accounts

Allowance for Doubtful Accounts

An allowance for doubtful accounts on accounts receivable is charged to operations in amounts sufficient to maintain the allowance for uncollectible accounts at a level management believes is adequate to cover any probable losses.  Management determines the adequacy of the allowance based on historical write-off percentages and information collected from individual customers.  Accounts receivable are charged off against the allowance when collectability is determined to be permanently impaired.

Stock Based Compensation

Stock Based Compensation

When applicable, the Company will account for stock-based payments to employees in accordance with ASC 718, “Stock Compensation” (“ASC 718”).  Stock-based payments to employees include grants of stock, grants of stock options and issuance of warrants that are recognized in the consolidated statement of operations based on their fair values at the date of grant.

The Company accounts for stock-based payments to non-employees in accordance with ASC 505-50, “Equity-Based Payments to Non-Employees.”  Stock-based payments to non-employees include grants of stock, grants of stock options and issuances of warrants that are recognized in the consolidated statement of operations based on the value of the vested portion of the award over the requisite service period as measured at its then-current fair value as of each financial reporting date.

The Company calculates the fair value of option grants and warrant issuances utilizing the Binomial pricing model.  The amount of stock-based compensation recognized during a period is based on the value of the portion of the awards that are ultimately expected to vest.  ASC 718 requires forfeitures to be estimated at the time stock options are granted and warrants are issued to employees and non-employees, and revised, if necessary, in subsequent periods if actual forfeitures differ from those estimates.  The term “forfeitures” is distinct from “cancellations” or “expirations” and represents only the unvested portion of the surrendered stock option or warrant.  The Company estimates forfeiture rates for all unvested awards when calculating the expense for the period.  In estimating the forfeiture rate, the Company monitors both stock option and warrant exercises as well as employee termination patterns.  The resulting stock-based compensation expense for both employee and non-employee awards is generally recognized on a straight-line basis over the period in which the Company expects to receive the benefit, which is generally the vesting period.

Loss per Share

Loss per Share

The Company reports earnings (loss) per share in accordance with ASC Topic 260-10, "Earnings per Share." Basic earnings (loss) per share is computed by dividing income (loss) available to common shareholders by the weighted average number of common shares available. Diluted earnings (loss) per share is computed similar to basic earnings (loss) per share except that the denominator is increased to include the number of additional common shares that would have been outstanding if the potential common shares had been issued and if the additional common shares were dilutive.  Diluted earnings (loss) per share has not been presented since there are no dilutive securities.

Cash and Cash Equivalents

Cash and Cash Equivalents

For purpose of the statements of cash flows, the Company considers cash and cash equivalents to include all stable, highly liquid investments with maturities of three months or less.

Concentration of Credit Risk

Concentration of Credit Risk

The Company primarily transacts its business with one financial institution. The amount on deposit in that one institution may from time to time exceed the federally-insured limit.

Use of Estimates

Use of Estimates

The preparation of financial statements in conformity with accounting principles generally accepted in the United States of America requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities and disclosure of contingent assets and liabilities at the date of the financial statements and the reported amounts of revenues and expenses during the reporting period.  Actual results could differ from those estimates.

Business segments

Business segments

ASC 280, “Segment Reporting” requires use of the “management approach” model for segment reporting. The management approach model is based on the way a company's management organizes segments within the company for making operating decisions and assessing performance. The Company determined it has one operating segment as of December 31, 2014.

Income Taxes

Income Taxes

The Company accounts for its income taxes under the provisions of ASC Topic 740, “Income Taxes.” The method of accounting for income taxes under ASC 740 is an asset and liability method. The asset and

liability method requires the recognition of deferred tax liabilities and assets for the expected future tax

consequences of temporary differences between tax bases and financial reporting bases of other assets and liabilities.

Recent Accounting Pronouncements

Recent Accounting Pronouncements

The Company continually assesses any new accounting pronouncements to determine their applicability to the Company. Where it is determined that a new accounting pronouncement affects the Company's financial reporting, the Company undertakes a study to determine the consequence of the change to its financial statements and assures that there are proper controls in place to ascertain that the Company's financials properly reflect the change. The Company currently does not have any recent accounting pronouncements that they are studying and feel may be applicable.

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Going Concern

17 Months Ended

Mar. 31, 2015

Going Concern [Abstract]

Going Concern

Note 9.    Going Concern

The accompanying financial statements have been prepared assuming that the Company will continue as a going concern. Currently, the Company has no operating history and has incurred operating losses, and as of March 31, 2015 the Company had a working capital deficit and an accumulated deficit. These factors raise substantial doubt about the Company's ability to continue as a going concern. Management believes that the Company's capital requirements will depend on many factors including the success of the Company's development efforts and its efforts to raise capital. Management also believes the Company needs to raise additional capital for working capital purposes. There is no assurance that such financing will be available in the future.   The conditions described above raise substantial doubt about our ability to continue as a going concern. The financial statements of the Company do not include any adjustments relating to the recoverability and classification of recorded assets, or the amounts and classifications of liabilities that might be necessary should the Company be unable to continue as a going concern.

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Subsequent Events

17 Months Ended

Mar. 31, 2015

Subsequent Events [Abstract]

Subsequent Events

Note 10.    Subsequent Events

The Company is currently in the process of registering $25,000,000 worth of Class B shares through a S-1 registration, and expects this registration to become effective at some point during the current fiscal year.

F-5

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Income Taxes (Tables)

17 Months Ended

Mar. 31, 2015

Income Taxes (Tables) [Abstract]

The effective tax rate on

The effective tax rate on the net loss before income taxes differs from the U.S. statutory rate as follows:

	3/31/2015		3/31/2014
U.S statutory rate		34.00%		34.00%
Less valuation allowance		-34.00%		-34.00%
Effective tax rate		0.00%		0.00%

The significant components of deferred

The significant components of deferred tax assets and liabilities are as follows:

	3/31/2015		3/31/2014
Deferred tax assets
Net operating losses	$	(97)	$	(2,172)
Deferred tax liability
Net deferred tax assets		(33)		(738)
Less valuation allowance		33		738
Deferred tax asset - net valuation allowance	$	0	$	0

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Income Taxes (Details Text)	17 Months Ended
	Mar. 31, 2015
Income Taxes [Abstract]
Income Taxes	On an interim basis, the Company has a net operating loss carryover of approximately $36,051 available to offset future income for income tax reporting purposes, which will expire in various years through 2032, if not previously utilized

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Subsequent Events (Details Text)	17 Months Ended
	Mar. 31, 2015
Subsequent Events [Abstract]
Subsequent Events	The Company is currently in the process of registering $25,000,000 worth of Class B shares through a S-1 registration, and expects this registration to become effective at some point during the current fiscal year.

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Organization, History and Business

17 Months Ended

Mar. 31, 2015

Organization, History and Business [Abstract]

Organization, History and Business

Note 1.     Organization, History and Business

Sierra Madre Mining, Inc. (“the Company”) was incorporated in Delaware on November 1, 2013. The Company has adopted a year end of December 31.

The Company is in the business of mining for precious metals. It is currently an exploration stage company as set forth in Securities and Exchange Commission (SEC) Industry Guide #7 and, accordingly, expenses all exploration costs until proven and probable reserves are established.

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Commitments and Contingencies

17 Months Ended

Mar. 31, 2015

Commitments and Contingencies [Abstract]

Commitments and Contingencies

Note 6.    Commitments and Contingencies 

Commitments:

The Company currently has no long term commitments as of our balance sheet date.

Contingencies:

None as of our balance sheet date.

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Income Taxes (Details 2) (USD $)	Mar. 31, 2015	Mar. 31, 2014
Deferred tax assets
Net operating losses	$ (97)	$ (2,172)
Deferred tax liability
Net deferred tax assets	(33)	(738)
Less valuation allowance	33	738
Deferred tax asset - net valuation allowance	$ 0	$ 0