SIERRA METALS ANNOUNCES POSITIVE PRELIMINARY ECONOMIC ASSESSMENT RESULTS FOR A 67% OUTPUT EXPANSION AT ITS BOLIVAR MINE IN MEXICO TO 5,000 TONNES PER DAY YIELDING A RETURN ON INVESTMENT OF 550%

Sierra-Metals-09072018

TORONTO, July 9, 2018 /PRNewswire/ – Sierra Metals Inc. (TSX: SMT) (BVL: SMT) (NYSE AMERICAN: SMTS) (“Sierra Metals” or “the Company”) is pleased to report the results of a Preliminary Economic Assessment (“PEA”) regarding the Company’s Bolivar Mine, located in Chihuahua State, Mexico. The PEA is based on technical inputs from various independent consulting groups, including; SRK, Redco, Anddes and Transmin.

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