Sierra Metals’ Pre-Feasibility Study for Bolivar Shows Pre-tax NPV of US$135.6 Million

Sierra Metals Inc. (TSXV:SMT) announced additional information about the pre-feasibility study for its Bolivar copper-zinc-silver mine located in Chihuahua State, Mexico.

As quoted in the press release:

Proven and Probable reserves total 7,456,806 tonnes at 1.044% CuEq averaging 19.5 g/t silver, 0.759% Cu, 0.329% Zn.  Gold contents average 0.226 g/t but were not included in the CuEq calculation, but were included within the project’s economics.

To view the whole press release, click here.