Day: January 24, 2022

Sierra Metals Reports 2021 Production Results, 2022 Guidance to be Provided with Year-End Financial Results

Luis Marchese, CEO of Sierra Metals, commented:“2021 has been quite a difficult year for the company. Declining grades were coupled with unprecedented COVID-related operational difficulties at our three operations. For 2022, although Cusi and Yauricocha are approaching normalized operations and staffing, Bolivar needs to accelerate infill drilling and mine development in order to increase the availability of ore during the first six months of 2022.”

Silver Spruce engages Environmental Report for Drill Permit, updates historical sampling from Diamante Au-Ag Concessions, Sonora, Mexico – Artisanal Workings to 25.69 g/t Au, 1,360 g/t Ag, 18.2% Pb, 33.5% Zn, 1.47% Cu

“Diamante provides our third opportunity to work again with Saul Ruiz and his team at Green and Ceo to advance the permitting process for our maiden drilling program proposed for the property. The original environmental application for our El Mezquite property attested to their high-quality technical reporting skills and expertise,” stated Greg Davison, Silver Spruce Vice-President Exploration and Director.

Capitan Mining Drills 38.1m of 0.63 G/T AuEq within a Broad Zone of 195.1m of 0.34 G/T AuEq. Makes New Discovery of Jesus María Style Silver Mineralization Beneath Capitan Hill Gold Deposit

“We are very excited about the potential hole 21-CARC-29 has created for the Peñoles Project, as it identified silver-polymetallic mineralization similar to what we’ve seen in the 2013-2014 drill data at the Jesus María Silver deposit. We now believe this style of mineralization has the potential to be expanded underneath the Capitan Hill oxide gold zone.”

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