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Sierra Metals Significantly Increases Mineral Resource Estimate for Yauricocha Mine, Peru
Sierra Metals (TSX: SMT) (BVL: SMT) (NYSE AMERICAN: SMTS) (“Sierra Metals” or “the Company”) has updated its Mineral Resource Estimate at the Company’s Yauricocha Mine, located in Yauyos Province, Peru. The Resource Estimate at Yauricocha is the result of a successful exploration drill program completed at several zones within the mine including Mina Central, Esperanza, …
Sierra Metals (TSX: SMT) (BVL: SMT) (NYSE AMERICAN: SMTS) (“Sierra Metals” or “the Company”) has updated its Mineral Resource Estimate at the Company’s Yauricocha Mine, located in Yauyos Province, Peru.
The Resource Estimate at Yauricocha is the result of a successful exploration drill program completed at several zones within the mine including Mina Central, Esperanza, Cachi-Cachi, Escondida and Cuye-Mascota which have been previously press released and now represent a material proportion of the mine’s overall resources.
Igor Gonzales, President and CEO of Sierra Metals, said:
“Sierra’s management team is extremely pleased with the significant increases realized in the measured and indicated, and inferred resources in this resource estimate for the Yauricocha Mine.
When compared to the previous estimate from August 2016, the Company saw a 68% increase to the measured and indicated resource tonnage and a 77% increase in the inferred resource tonnage. It is important to highlight the quality of the resources which are reflected in the higher silver, copper, zinc, lead and gold grades in this resource estimate.”
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