For thousands of other reports visit RSC's Mineral Intellingence Map
Sierra Metals Inc.
Summary
| Project: | Bolivar Mine | |
|---|---|---|
| Deposit: | Bolivar Mine | |
| Location: | Mexico | |
| Commodities: | Gold-Silver-Copper-Zinc | |
| Date: | 6/6/2018 | |
| Report Code: | NI43-101 | |
| Report Type: | Exploration/Drilling Update | |
| Project Stage: | Active Mining & Production | |
| Report details: | 6-6-2018: Sierra Metals Inc. announces an Exploration/Drilling Update report for its Bolivar Mine deposit at the Bolivar Mine project. Drilling results incl. 18.6m @ 38g/t Ag, 2.06% Cu, 0.41% Zn, 0.46g/t Au from 349.7m. Toronto, ON – June 6, 2018 – Sierra | |
| Resources: | (not mentioned in this report) | |
| CP/QP: | [Overall Report]: Gordon Babcock (Internal) | |
| ABSTRACT: | Toronto, ON – June 6, 2018 – Sierra Metals Inc. (TSX: SMT) (BVL: SMT) (NYSE AMERICAN: SMTS) (“Sierra Metals” or “the Company”) today announces results of an infill drilling program evaluating the continuity and characteristics of geophysical anomalies that were previously tested as part of a recent Titan 24 Geophysical Survey and deemed high value targets at the Bolivar Property, Chihuahua, Mexico. The Bolivar Property is situated within the Piedras Verdes Mining District, which is located within the major north-northwest trending Sierra Madre Precious Metals Belt extending across the states of Chihuahua, Durango and Sonora in northwestern Mexico. Drilling has identified and defined a new zone named Cieneguita which is an extension of the Bolivar Northwest structure and is situated in close proximity to the Bolivar Northwest zone with similar characteristics. Alonso Lujan, Vice President of Exploration stated: “The Titan 24 areas we tested demonstrated an excellent relationship between chargeability and the structures. Based on those results, the Company has completed a successful infill drilling program on those previously tested areas, which resulted in a new structure being defined which demonstrates the continuity of the previously defined wide high-grade copper structures. The potential for further extensions to the North of the Cieneguita zone remain open and there is strong evidence of further high priority geological and geophysical anomalies.” Igor Gonzales, President and CEO of Sierra Metals commented: “Brownfield exploration remains a key part of Sierra Metals’ growth plan, and the discovery of a new structure at Bolivar helps to support further growth and development at the Bolivar Mine and supports the Company’s overall growth plans in Mexico.” | |
Full Report
opaxe is a smart software platform that reconfigures and redistributes information and produces business insights to help mining professionals and investors make better decisions. We utilise technology and machine learning for data collection and human intelligence for the value-added services.
Full Report