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Sierra Metals Discovers Significant New High-grade Zone at its Cusi Silver Mine in Mexico
Sierra Metals (TSX: SMT) (BVL: SMT) (“Sierra Metals” or “the Company”) announces the discovery of new high grade silver intercepts occurring in the Santa Rosa de Lima complex located within the current Cusi Mine operational area. The Santa Rosa de Lima complex lies within a regional structure extending some 64 kilometers. Extension on the Cusi …
Sierra Metals (TSX: SMT) (BVL: SMT) (“Sierra Metals” or “the Company”) announces the discovery of new high grade silver intercepts occurring in the Santa Rosa de Lima complex located within the current Cusi Mine operational area. The Santa Rosa de Lima complex lies within a regional structure extending some 64 kilometers. Extension on the Cusi property has an anticipated length of 12 kilometers. The discovery comes as part of a reinterpretation of the Hydrothermal model and a drilling campaign consisting of 15,000 meters which began in December 2016.
As quoted in the press release:
“This is a truly exceptional development for the Cusi Mine and has the ability to be transformational to current operations” stated Mark Brennan, President and CEO of Sierra Metals. He continued, “We are very excited by the potential to add significant tonnage and ounces with much higher grades and notably increased widths to our current resource base. The discovery of a high-quality silver resource of this scale within our existing operation should have a very favorable economic outcome.”
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