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Sierra Metals Inc.
Summary
| Project: | Bolivar Mine | |
|---|---|---|
| Deposit: | Bolivar Mine | |
| Location: | Mexico | |
| Commodities: | Copper-Gold-Silver | |
| Date: | 5/14/2020 | |
| Report Code: | NI43-101 | |
| Report Type: | Resource Estimation | |
| Project Stage: | Active Mining & Production | |
| Report details: | 14-5-2020: Sierra Metals Inc. announces a Resource Estimation report for its Bolivar Mine deposit at the Bolivar Mine project. Updated Mineral Resources and Reserves for Project. The purpose of this Technical Report (Technical Report) is to present an upd | |
| Resources: | (Reserves, Prob.): 7.2Mt @ 13.2g/t Ag, 0.68% Cu, 0.22g/t Au | |
| CP/QP: | [Resource] Cliff Revering, Carl Kottmeier, Daniel Sepulveda, Andy Thomas, Dan Mackie (SRK Consulting (Canada) Inc.) | |
| ABSTRACT: | The purpose of this Technical Report (Technical Report) is to present an update on Resources and Reserves for Sierra Metals, Inc. (Sierra Metals or the Company) by SRK Consulting (Canada), Inc. (SRK) on the Bolivar Mine, Mexico (Bolivar or the Project). Bolivar is an operating mine that has been in commercial production since late 2011. This report was prepared in accordance with National Instrument 43-101 Standards of Disclosure for Mineral Projects (NI 43-101). This report provides Mineral Resource and Mineral Reserve estimates, and a classification of resources and reserves prepared in accordance with the Canadian Institute of Mining, Metallurgy and Petroleum Standards on Mineral Resources and Reserves: Definitions and Guidelines, May 10, 2014 (CIM). The Bolivar property is owned by Sierra Metals, formerly known as Dia Bras Exploration, Inc., through subsidiary companies Dia Bras Mexicana S.A. de C.V. and EXMIN S.A. de C.V. (collectively Dia Bras). The property consists of 14 mineral concessions (approximately 6,800 ha) in the northern Mexican state of Chihuahua. | |
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