36 Holes drilled in an approximate 100 meter by 100 meter grid covering an area of 1,000 meters long by 400 meters depth Average grade of the intercept is 371 grams of equivalent silver per tonne. Average true width of the intercepts 4.1 meters All drill holes intersected the structure with a high hit ratio and significant silver grades as can be seen in the assay table below In order to test the continuity, grade and [...]
TORONTO, May 18, 2017 /CNW/ -Sierra Metals Inc. (TSX:SMT) (BVL:SMT) ("Sierra Metals" or the "Company") announces that it has filed a preliminary short form base shelf prospectus (the "Shelf Prospectus") with the securities regulatory authorities in each of the provinces of British Columbia, Alberta and Ontario, and a corresponding registration statement on Form F-10 (the "Registration Statement") with the U.S. Securities [...]
CONFERENCE CALL MAY 15, 2017 AT 10:30 AM (EDT) (All $ figures reported in USD) Adjusted EBITDA of $25.4 million in Q1 2017 increased from $4.4 million in Q1 2016 Operating cash flows before movements in working capital of $22.8 million in Q1 2017 increased from $5.0 million in Q1 2016 Revenue from metals payable of $54.5 million in Q1 2017 increased by 130% from $23.7 million in Q1 2016 Q1 2017 silver equivalent [...]
Sierra Metals Reports Consolidated Results for the First Quarter of 2017 CONFERENCE CALL MAY 15, 2017 AT 10:30 AM (EDT) (All $ figures reported in USD) Adjusted EBITDA of $25.4 million in Q1 2017 increased from $4.4 million in Q1 2016 Operating cash flows before movements in working capital of $22.8 million in Q1 2017 increased from $5.0 million in Q1 2016 Revenue from metals payable of $54.5 million in Q1 2017 increased [...]
TORONTO, May 8, 2017 /CNW/ - Sierra Metals Inc. (TSX:SMT) (BVL:SMT) ("Sierra Metals" or the "Company") will release its 2017 first quarter consolidated financial results on Thursday, May 11, 2017 after market close. Senior Management will also host a webcast and conference call on Monday, May 15, 2017 at 10:30am EDT. Details of the Conference Call and Webcast are as follows: Via Webcast: A live audio webcast of the [...]
Increased production of higher value ore, improved recoveries and improved metal pricing has positively impacted financial results Q1 production highest in the Yauricocha mine 69 year history TORONTO, May 2, 2017 /CNW/ -Sierra Metals Inc. (TSX:SMT, BVL:SMT) ("Sierra Metals" or the "Company") announces the filing of Sociedad Minera Corona S.A.'s ("Corona") unaudited Financial Statements and Management Discussion and [...]
New Discovery and Wide, High-Grade Extension of Zone Demonstrates the Potential to Increase Mineral Resources Near Current Operations in the Short Term The drilling program delineating extensions of the Cuye-Mascota zone include: Hole Mas-30: 68.9 meters of 32.5g/t Ag, 1.43% Cu, 3.28% Zn, 0.70g/t Au; including 29.6 meters of 2.0% Cu, 0.9g/t Au; and 7.9 meters of 18.7% Zn, 62.6g/t Ag Hole Mas-31: 12.0 meters of 6.6% Cu [...]
TORONTO, April 19, 2017 /CNW/ - Sierra Metals Inc. (TSX: SMT) (BVL: SMT) ("Sierra Metals" or "the Company") has filed a technical report prepared in accordance with National Instrument 43-101 ("NI 43-101") on the Bolivar Mine (the "Report"). The Report supports the disclosure made by the Company in its news release dated April 11, 2017 entitled "Sierra Metals Updates Mineral Resource and Reserve Estimate for Bolivar [...]
FILES NI 43-101 TECHNICAL REPORT ON CUSI MINE IN MEXICO TORONTO, April 18, 2017 /CNW/ - Sierra Metals Inc. (TSX: SMT) (BVL: SMT) ("Sierra Metals" or "the Company") is pleased to report first quarter 2017 production results featuring the highest level of throughput and metal production to date from the Yauricocha Mine. Results are from Sierra Metals' three underground mines in Latin America: the Yauricocha polymetallic [...]
TORONTO, April 13, 2017 /CNW/ - Sierra Metals Inc. (TSX: SMT) (BVL: SMT) ("Sierra Metals" or "the Company") has updated its Mineral Resource Estimate at the Company's Cusi Mine, located in Chihuahua State, Mexico. The updated Mineral Resource Estimate disclosed herein is the result of drilling programs completed between January 2014 and January 2017. This review does not include any data from the 15,000-metre drilling [...]
TORONTO, April 11, 2017 /CNW/ - Sierra Metals Inc. (TSX: SMT) (BVL: SMT) ("Sierra Metals" or "the Company") has updated its Mineral Resource and Reserve Estimate at the Company's Bolivar Mine, located in Chihuahua State, Mexico. The updated Mineral Resource and Reserve Estimate disclosed herein is the result of drilling programs completed between January 2013 and September 2016, as well as production data of September [...]
TORONTO, April 6, 2017 /CNW/ - Sierra Metals Inc. (TSX:SMT) (BVL:SMT) ("Sierra Metals" or the "Company") is pleased to announce the appointment of Igor Gonzales as President and Chief Executive Officer, effective May 1, 2017. Mr. Gonzales has served on the Sierra Metals Board of Directors since September 2013. Mr. Gonzales, born in Peru, has over 30 years of experience with major mining companies with world-class mineral [...]
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