Sierra Metals Announces Filing of Technical Reports for Yauricocha Mine and Bolivar Mine
20 Junho 2024 - 8:41PM
Business Wire
Sierra Metals Inc. (TSX:SMT | OTCQX:SMTSF) (“Sierra
Metals” or the “Company”) is pleased to announce that it has filed
technical reports prepared in accordance with National Instrument
43-101 – Standards of Disclosure for Mineral Projects in respect of
its previously announced updated Mineral Resource and Reserve
Estimates for each of the Yauricocha Mine in Peru and the Bolivar
Mine in Mexico.
The Company has filed a report entitled “Technical Report on the
Yauricocha Mine” dated June 14, 2024 with an effective date of
December 31, 2023 (the “Yauricocha Report”). The Company has also
filed a report entitled “Technical Report on the Bolivar Mine”
dated June 14, 2024 with an effective date of December 31, 2023
(together with the Yauricocha Report, the “Technical Reports”). The
Technical Reports were prepared by AGP Mining Consultants Inc.
There are no material differences in the Technical Reports from
those results disclosed in the Company’s press release dated May 7,
2024.
About Sierra Metals
Sierra Metals is a Canadian mining company focused on copper
production with additional base and precious metals by-product
credits at its Yauricocha Mine in Peru and Bolivar Mine in Mexico.
The Company is intent on safely increasing production volume and
growing mineral resources. Sierra Metals has recently had several
new key discoveries and still has many more exciting brownfield
exploration opportunities in Peru and Mexico that are within close
proximity to the existing mines. Additionally, the Company has
large land packages at each of its mines with several prospective
regional targets providing longer-term exploration upside and
mineral resource growth potential.
Forward-Looking Statements
This press release contains forward-looking information within
the meaning of Canadian securities legislation. Forward-looking
information relates to future events or the anticipated performance
of Sierra and reflect management's expectations or beliefs
regarding such future events and anticipated performance based on
an assumed set of economic conditions and courses of action. In
certain cases, statements that contain forward-looking information
can be identified by the use of words such as "plans", "expects",
"is expected", "budget", "scheduled", "estimates", "forecasts",
"intends", "anticipates", "believes" or variations of such words
and phrases or statements that certain actions, events or results
"may", "could", "would", "might", or "will be taken", "occur" or
"be achieved" or the negative of these words or comparable
terminology. By its very nature forward-looking information
involves known and unknown risks, uncertainties and other factors
that may cause actual performance of Sierra to be materially
different from any anticipated performance expressed or implied by
such forward-looking information.
Forward-looking information is subject to a variety of risks and
uncertainties, which could cause actual events or results to differ
from those reflected in the forward-looking information, including,
without limitation, the risks described under the heading "Risk
Factors" in the Company's annual information form dated March 15,
2024 for its fiscal year ended December 31, 2023 and other risks
identified in the Company's filings with Canadian securities
regulators, which are available at www.sedarplus.ca.
The risk factors referred to above are not an exhaustive list of
the factors that may affect any of the Company's forward-looking
information. Forward-looking information includes statements about
the future and is inherently uncertain, and the Company's actual
achievements or other future events or conditions may differ
materially from those reflected in the forward-looking information
due to a variety of risks, uncertainties and other factors. The
Company's statements containing forward-looking information are
based on the beliefs, expectations, and opinions of management on
the date the statements are made, and the Company does not assume
any obligation to update such forward-looking information if
circumstances or management's beliefs, expectations or opinions
should change, other than as required by applicable law. For the
reasons set forth above, one should not place undue reliance on
forward-looking information.
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version on businesswire.com: https://www.businesswire.com/news/home/20240620354630/en/
For further information regarding Sierra Metals, please visit
www.sierrametals.com or contact:
Investor Relations Sierra Metals Inc. +1 (866) 721-7437
info@sierrametals.com
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