Increased production of higher value ore, improved recoveries and improved metal pricing has positively impacted financial results Q3 production second highest in the Yauricocha mine 69 year history TORONTO, Nov. 1, 2017 /CNW/ - Sierra Metals Inc. (TSX:SMT, BVL:SMT) ("Sierra Metals" or the "Company") announces the filing of Sociedad Minera Corona [...]
Mineral Reserves for Yauricocha are 8,917,000 tonnes averaging 48.3 g/t silver, 1.2% copper, 0.8% lead, 2.4% zinc and 0.5 g/t gold representing a 134% increase to the previous Reserve Estimate. This new Reserve Estimate more than doubles the previous mine life at current throughput levels when compares to the previous August 2016 Reserve Estimate [...]
Mineral Reserves for Yauricocha are 8,917,000 tonnes averaging 48.3 g/t silver, 1.2% copper, 0.8% lead, 2.4% zinc and 0.5 g/t gold representing a 134% increase to the previous Reserve Estimate. This new Reserve Estimate more than doubles the previous mine life at current throughput levels when compares to the previous August 2016 Reserve Estimate [...]
TSX: SMT BVL: SMT NYSE AMERICAN: SMTS Major changes in the Corporate Team, which is now strengthened in Mexico to better support and improve operations Metallurgical recovery levels have increased to above 80% at both mills in Mexico from the low 60% range at Cusi and low 70% range at Bolivar 13 new pieces of equipment commissioned at Bolivar Mine [...]
TORONTO, Oct. 16, 2017 /CNW/ - Sierra Metals Inc. (TSX: SMT) (NYSE AMERICAN: SMTS) (BVL: SMT) ("Sierra Metals" or "the Company") is pleased to report third quarter 2017 production results featuring the highest quarter of throughput and second highest quarter of metal production to date from the Yauricocha Mine. Results are from Sierra Metals' three [...]
TORONTO, Oct. 10, 2017 /CNW/ - Sierra Metals Inc. (TSX: SMT) (BVL: SMT) (NYSE AMERICAN: SMTS) ("Sierra" or the "Company") is pleased to announce that it has entered into an Open Market Sale AgreementSM (the "Sales Agreement") with Jefferies LLC, H.C. Wainwright & Co., LLC, Scotia Capital (USA) Inc. and Noble Capital Markets, Inc. (collectively, the [...]
22 high priority exploration targets were identified in our Titan 24 geophysical survey The first four drill holes intercepted wide, high-grade copper structures in three different zones previously unknown to be mineralized Drill hole highlights include: Hole No. EQCu % Ag g/t Cu % Zn % Au g/t Width DB17B602 3.10 31 [...]
Current Drilling program at the Cuye Zone reflects high grade Copper and Zinc mineralization which continue and remain open to depth Drilling program now suggests that the Cuye and Catas zones appear to merge at depth creating one larger zone ___________________________________________________________________ Average Grade of Wide Intercepts [...]
Total Measured and Indicated Contained Metal has significantly increased by 72% silver, 128% copper, 74% zinc, 64% lead and 61% gold Total Inferred Contained Metal has significantly increased by 55% silver, 59% copper, 105% zinc, 42% lead and 83% gold Mineral Resources for Yauricocha are 13,206,000 tonnes averaging 62.3 g/t silver, 1.5% copper [...]
TORONTO, Sept. 28, 2017 /CNW/ - Sierra Metals Inc. (TSX: SMT) (BVL: SMT) (NYSE AMERICAN: SMTS) ("Sierra Metals" or "the Company") is pleased to announce the signing of a Memorandum of Understanding ("MOU") with Jinchuan Group Co Ltd ("Jinchuan"). The MOU, executed September 26, 2017, formalizes the intentions of the parties in respect of their [...]
Recently completed drill program of 28 holes (12,300 meters), has provided the Company with good Copper, Zinc and Silver Grades. This detailed drill data will provide the Company with new data to update the current resources at the Bolivar mine. This resource update will be completed by Q4 2017. Average grade of 2.55% copper equivalent with an [...]
This second phase drill program (14,000 meters, 22 holes) further confirms and expands the previous drill results at the Santa Rosa de Lima zone providing Sierra with confirmation of a new potential future silver resource. Average grade of infill drilling intercepts is 343 grams of equivalent silver per tonne. Average true width of the [...]
