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Sierra Metals Inc.
Summary
| Project: | Yauricocha | |
|---|---|---|
| Deposit: | Yauricocha | |
| Location: | Peru | |
| Commodities: | Silver-Copper-Lead-Zinc-Gold | |
| Date: | 6/7/2018 | |
| Report Code: | NI43-101 | |
| Report Type: | Exploration/Drilling Update | |
| Project Stage: | Active Mining & Production | |
| Report details: | 7-6-2018: Sierra Metals Inc. announces an Exploration/Drilling Update report for its Yauricocha deposit at the Yauricocha project. Drilling results incl. 5.0m @ 339g/t Ag, 17% Pb, 0.17% Cu, 36% Zn, 0.13g/t Au from 54m. Toronto, ON – June 7, 2018– Sierra M | |
| Resources: | (not mentioned in this report) | |
| CP/QP: | [Overall Report]: Gordon Babcock (Internal) | |
| ABSTRACT: | Toronto, ON – June 7, 2018– Sierra Metals Inc. (TSX: SMT) (BVL: SMT) (NYSE AMERICAN: SMTS) (“Sierra Metals” or “the Company”) today announced positive drilling results on high-grade structures at the Contacto Sur Medio zone located close to current operations and within the Central Mine at Yauricocha. To date, six holes have been executed from the 1070 level of the Yauricocha Mine in the Contacto Sur Medio zone. These holes have intercepted polymetallic sulphide mineralization, containing high-grade silver, zinc, and lead. These results demonstrate the potential for highgrade mineralization within the reported area and more importantly indicate the continued existence of extensive mineralization at depth. Today’s results come as part of an ongoing brownfield drilling program testing priority targets at the Yauricocha Mine, located 150 kilometers east-southeast of Lima in the Yauricocha Mining District (Cordillera Occidental), Peru. “Management is very excited about today’s results as they represent the existence of highgrade polymetallic mineralization at The Contacto Sur Medio zone” commented Igor Gonzales, President, and CEO of Sierra Metals. “We see zinc grades that are more than 35% along with high-grade Silver more than 700 g/t. These results along with other exploration results recently released continue to demonstrate the excellent return on the Company’s capital investments into exploration with the potential for further growth of mineral resources while adding high-value tonnage.” | |
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