Sierra Metals Announces Filing of NI 43-101 Technical Report for Updated PEA on the Expansion of Its Yauricocha Mine in Peru
March 03 2022 - 5:10PM
Business Wire
Sierra Metals Inc. (TSX: SMT) (BVL: SMT) (NYSE AMERICAN:
SMTS) (“Sierra Metals” or ““Company”) has filed an updated
technical report (the “Report“) prepared in accordance with
National Instrument 43-101 on the expansion of its Yauricocha Mine
in Peru.
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Image 1: Raptor Drill at Bolivar (Photo:
Business Wire)
The Report dated February 25, 2022 with an effective date of
March 31, 2021, is entitled “Preliminary Economic Assessment,
Yauricocha Mine, Yauyos Province, Peru.” The Report was prepared
for Sierra Metals by SRK Consulting (Canada) Inc. (“SRK”) and Redco
Global Peru S.A.C. (“Redco”). There are no material differences in
the Report from those results disclosed in the Company’s press
release dated January 20, 2022.
About Sierra Metals
Sierra Metals Inc. is a diversified Canadian mining company with
Green Metal exposure including increasing copper production and
base metal production with precious metals byproduct credits,
focused on the production and development of its Yauricocha Mine in
Peru, and Bolivar and Cusi Mines in Mexico. The Company is focused
on increasing production volume and growing mineral resources.
Sierra Metals has recently had several new key discoveries and
still has many more exciting brownfield exploration opportunities
at all three Mines in Peru and Mexico that are within close
proximity to the existing mines. Additionally, the Company also has
large land packages at all three mines with several prospective
regional targets providing longer-term exploration upside and
mineral resource growth potential.
The Company's Common Shares trade on the Bolsa de Valores de
Lima and on the Toronto Stock Exchange under the symbol "SMT" and
on the NYSE American Exchange under the symbol "SMTS".
For further information regarding Sierra Metals, please visit
www.sierrametals.com.
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Investor Relations Sierra Metals Inc. Tel: +1 (416)
366-7777 Email: info@sierrametals.com Americo Zuzunaga Vice
President of Corporate Planning Sierra Metals Inc. Tel: +1 (416)
366-7777 Luis Marchese CEO Sierra Metals Inc. Tel: +1 (416)
366-7777
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