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Sierra Metals Inc.

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Summary

Project:

Cusi

Deposit:Cusi
Location:Mexico
Commodities:Lead-Zinc-Gold-Silver
Date:6/18/2020
Report Code:NI43-101
Report Type:Exploration/Drilling Update
Project Stage:Active Mining & Production
Report details:18-6-2020: Sierra Metals Inc. announces an Exploration/Drilling Update report for its Cusi deposit at the Cusi project. Drilling results incl. 17.45m @ 428g/t Ag, 0.46% Pb, 0.76% Zn, 0.04g/t Au from 185.4m. TORONTO--(BUSINESS WIRE)-- Sierra Metals Inc. (T
Resources:
CP/QP:[Overall Report] Americo Zuzunaga (Internal)
ABSTRACT:TORONTO--(BUSINESS WIRE)-- Sierra Metals Inc. (TSX: SMT) (BVL: SMT) (NYSE AMERICAN: SMTS) ("Sierra Metals" or "the Company") announces the discovery of a new high-grade silver zone with signicant widths in an area called Northeast – Southwest System of Epithermal Veins and is providing a corporate update for its Cusi Mine in Mexico. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20200618005402/en/ The new high-grade silver vein system was discovered as a consequence of a combination of mine development work in recent months and conrmatory drilling which is reported in this press release which includes true widths of 17.45 meters of 428 g/t silver (464 g/t silver equivalent), 9.35 meters of 304 g/t silver (327 g/t silver equivalent), 8.75 meters of 303 g/t silver (322 g/t silver equivalent) and 4.90 meters of 1,140 g/t silver (1,163 g/t silver equivalent). Sierra Metals announced with a press release on June 29, 2018 the discovery of a 40-meter wide high-grade stockwork area within the Santa Rosa de Lima vein at Cusi. As the area was developed for mining in the later part of 2019 and early 2020, our geologists re-interpreted the stockwork structure as a series of high-grade veins that had an orientation perpendicular to the Santa Rosa de Lima Structure.

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