Sierra Metals Strengthens Management Team

VANCOUVER, Sept. 9, 2014 /CNW/ - Sierra Metals Inc. (TSX:SMT) (BVL:SMT) ("Sierra Metals" or the "Company"), a Canadian mining company focused on the production of silver and base metals from  Peru and Mexico, is pleased to announce that, as part of an ongoing corporate development strategy, Victoria Vargas has joined Sierra Metals as Vice President Investor Relations and Corporate Communications. In this role, Ms. Vargas will be the primary liaison between Sierra and its investors, analysts and financial community globally.

Ms. Vargas has over 16 years of experience in the mining industry and brings a wealth of experience in investor relations and stakeholder communications to Sierra. In addition to her investor relations expertise, she also has over 10 years of experience in corporate communications and seats on several advisory board capacities with Mexican mining industry organizations. She holds an honors B.Sc. in Economics with an MBA in Finance.

Ms. Vargas started her career in 1996 at Kinross Gold Corp. where she held a variety of financial and corporate development positions for a period of 7 years. In 2003, Victoria joined Alamos Gold Inc. where she led the IR department for almost 6 years. Prior to joining Sierra Metals she has held roles with a variety of publicly traded mining sector companies. These include Iberian Minerals, Romarco, Greystar Resources and most recently Scorpio Mining. Ms. Vargas has demonstrated expertise in corporate communications and institutional relationship management.

"Victoria is a seasoned investor relations leader who has a deep understanding of the investment community," said Sierra Metals President and Chief Executive Officer, Audra Walsh. "Victoria's background and her involvement in a number of industry-leading transactions is the perfect complement to our team.  Victoria has also held senior communications roles with industry advocacy associations and advisory boards with Peruvian, Mexican and Canadian mining industry organizations that will help in the future growth of Sierra. We are extremely pleased that Victoria has decided to join us. She will be based in Toronto."

About Sierra Metals

Sierra Metals Inc. is a Canadian mining company focused on precious and base metals from its Yauricocha Mine in Peru, its Bolivar Mine and Cusi Mine in Mexico. In addition, Sierra Metals is exploring several precious and base metal targets in Peru and Mexico. Projects in Peru include Adrico (gold), Victoria (copper-silver) and Ipillo (polymetallic) at the Yauricocha Property in the province of Yauyos and the San Miguelito gold properties in Northern Peru. Projects in Mexico include Bacerac (silver) in the state of Sonora, and La Verde (gold) at the Batopilas Property in the state of Chihuahua.

The Company's shares trade on the Bolsa de Valores de Lima and the Toronto Stock Exchange under the symbol "SMT".

Forward-Looking Statements

Except for statements of historical fact contained herein, the information in this press release may constitute "forward-looking information" within the meaning of Canadian securities law. Other than statements of historical fact, all statements are "forward-looking statements", which involve various known and unknown risk and uncertainties and other factors, including market conditions that may affect the Company's ability to execute its current business plan.  Actual results might differ materially from results suggested in any forward-looking statements. The Company assumes no obligation to update the forward-looking statements, or to update the reasons why actual results could differ from those reflected in the forward-looking statements unless and until required by securities laws applicable to the Company. Additional information identifying risks and uncertainties is contained in filings by the Company with the Canadian securities regulators, which filings are available at www.sedar.com.

SOURCE Sierra Metals Inc.