Sierra Metals Provides COVID-19 Update for Its Operations in Peru and Mexico

Sierra-Metals-25052020

TORONTO–(BUSINESS WIRE)– Sierra Metals Inc. (TSX: SMT) (BVL: SMT) (NYSE AMERICAN: SMTS) (“Sierra Metals” or “the Company”) announces that the Peruvian Government has extended its state of emergency and a nationwide lockdown to fight the COVID-19 pandemic until June 30, 2020. President Martin Vizcarra, said the latest extension, would come with the reopening of certain economic activities. Large open-pit mines and a select number of underground mines in the country have already received permission to restart operations in phase one. Phase two would see the second group of mining companies recommence mining activities. Sierra Metals continues to seek consent from the Government to restart mining activities at the Yauricocha Mine, given its remote location and implementation of strict health protocols exceeding Government guidelines.

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