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Sierra Metals Inc.
Summary
| Project: | Bolivar Mine | |
|---|---|---|
| Deposit: | Bolivar West | |
| Location: | Mexico | |
| Commodities: | Gold-Silver-Copper-Zinc | |
| Date: | 9/5/2017 | |
| Report Code: | NI43-101 | |
| Report Type: | Exploration/Drilling Update | |
| Project Stage: | Active Mining & Production | |
| Report details: | 5-9-2017: Sierra Metals Inc. announces an Exploration/Drilling Update report for its Bolivar West deposit at the Bolivar Mine project. Drilling results incl. 17.6m @ 1.95% Cu, 488g/t Ag, 1.56% Zn. Toronto, ON – September 5, 2017 – Sierra Metals Inc. (TSX: | |
| Resources: | (not mentioned in this report) | |
| CP/QP: | [Overall Report]: Gordon Babcock (Internal) | |
| ABSTRACT: | Toronto, ON – September 5, 2017 – Sierra Metals Inc. (TSX: SMT) (BVL: SMT) (NYSE AMERICAN: SMTS) (“Sierra Metals” or “the Company”) today announced assay results from a recently completed definition drilling program at the Bolivar West zone which is located adjacent to the current operations at the Bolivar Mine. The highlight of this program is that at completion the drill information will be included in a future resource update for the Bolivar Mine located in Urique, Chihuahua state, Mexico. Our exploration programs have identified skarn ore deposits in the form of mantos in the area extending for eight kilometers. The brownfield drilling program completed had been designed with a target of increasing the grades being mined at the Bolivar Mine and defining further mineral resources. Drilling results have been summarized in Table 1 below. Alonso Lujan, Vice President Exploration at Sierra Metals stated: “The assay results have positively confirmed the existence of higher grade copper mineralization with an average copper equivalent grade of 2.55%. This will help to increase head grades at the mill when this material is included in the future mine plans. The assay results have also provided the necessary data needed to update our current resource base for the Bolivar mine. The update is planned for completion in Q4 2017.” He continued, “We believe the Bolivar mining district has an attractive potential for further exploration success.” | |
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