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SIERRA METALS DISCOVERS SEVERAL WIDE, HIGH-GRADE COPPER STRUCTURES IN THE FIRST FOUR HOLES DESIGNED TO TEST TITAN GEOPHYSICAL TARGETS

Toronto, ON – October 4, 2017 – Sierra Metals Inc. (TSX: SMT) (BVL: SMT) (NYSE American: SMTS) (“Sierra Metals” or “the Company”) is pleased to announce the initial results of the drilling program designed to test the anomalies of the Titan 24 Geophysical Survey recently completed on the Bolivar Property, Chihuahua, Mexico. The Titan 24 survey was completed to follow up on geophysical, geological and geochemical anomalies identified on the Bolivar Property by Sierra Metals Inc. The Bolivar Property is situated within the Piedras Verdes Mining District, which is located within the major north-northwest trending Sierra Madre Precious Metals Belt extending across the states of Chihuahua, Durango and Sonora in northwestern Mexico.

Alonso Lujan, Vice President, Exploration for Sierra Metals commented: “The Titan 24 survey highlighted over 40 specific areas of interest requiring further investigation and follow up. The 3D inversion modelling of the data provided an excellent tool for further exploration and highlights the overall structure below the deposit, in addition to similar structures and mineralization to the north of the deposit.”  He continued, “The company began the first phase of a drilling program to test the most promising anomalies and drilled the first four holes.  The results were very positive as indicated in Table 1 and 2 below and therefore the potential remains open for further exploration in these areas and the other multiple geophysical anomaly targets.”

Igor Gonzales, President and CEO of Sierra Metals stated “The results of the Titan 24 program and the subsequent assay results are exceptional and reflect a high correlation between copper mineralization and the priority targets identified in the geophysical survey.  We are excited about the prospects of drilling all the priority geophysical targets and the completion of follow-on drilling on these new discoveries.  This program aims to potentially quantify new high-grade zones which is a key strategic objective for our Bolivar mine to better define a path to future development and growth at the Bolivar operations”. He concluded, “We are encouraged by the exploration potential that these results are showing which could lead to further value growth for Sierra Metals in Mexico.”

 

Visit full press release:

http://www.sierrametals.com/investors/news-releases/press-release-details/2017/Sierra-Metals-Discovers-Several-Wide-High-grade-Copper-Structures-in-the-First-Four-Holes-Designed-to-Test-Geophysical-Targets-at-the-Bolivar-Property/default.aspx

Visit Quantec at PERUMIN, Booth 633.

Perumin 33 Mining Convention

Arequipa Peru,

From September 18 to 22, 2017

https://www.convencionminera.com/perumin33/index.php/en

 

Booth  Pabellon 2, booth 633

Dr. Leduar Ramayo presents the following presentation Tuesday, September 19 @ 15:00

 

Deep and Real 3D DCIP & MT, An ORION 3D Survey at Charcas Project, San Luis de Potosí, México

Authors: Jimmy Stephen, Eugenio Migliano (Grupo), Alfonso Martinez(Grupo) and Leduar Ramayo

Today we are seeing that the mining industry is focusing on deep exploration. Quantec Geoscience offers true 3D DCIP & MT (ORION 3D) acquisition through multi-directional set up. Generally conventional DCIP technologies collect data in two dimensions and invert it in 3D, which is not as accurate as ORION 3D multi-directional array data collection. The aim of this work is to show how ORION 3D technology measures three parameters for effective mapping of mineralization, alteration, structure and geology to depth (2 km) and obtaining high quality data from an environment in which data acquisition tasks and survey operations are challenging. Charcas historical case is summarized here to give an idea of some of the benefits of performing an ORION 3D survey at San Luis de Potosi mining district, Mexico.

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Dr. Leduar Ramayo to Present GRUPO MEXICO – 3D ORION results at Charcas Project, Mexico

Perumin 33 Mining Convention

Arequipa Peru,

From September 18 to 22, 2017

https://www.convencionminera.com/perumin33/index.php/en

 

Deep and Real 3D DCIP & MT, An ORION 3D Survey at Charcas Project, San Luis de Potosí, México

Authors: Jimmy Stephen, Eugenio Migliano (Grupo), Alfonso Martinez(Grupo) and Leduar Ramayo

Today we are seeing that the mining industry is focusing on deep exploration. Quantec Geoscience offers true 3D DCIP & MT (ORION 3D) acquisition through multi-directional set up. Generally conventional DCIP technologies collect data in two dimensions and invert it in 3D, which is not as accurate as ORION 3D multi-directional array data collection. The aim of this work is to show how ORION 3D technology measures three parameters for effective mapping of mineralization, alteration, structure and geology to depth (2 km) and obtaining high quality data from an environment in which data acquisition tasks and survey operations are challenging. Charcas historical case is summarized here to give an idea of some of the benefits of performing an ORION 3D survey at San Luis de Potosi mining district, Mexico.

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Cornerstone Resources reports… Quantec continues to help at Cascabel

HIGHLIGHTS:

  • Ground magnetic survey results over Cascabel concession reveal exciting targets.
  • Exceptionally high-quality product produced from 650km of total field data acquired at line spacing of 50m.
  • The planned Spartan-Orion hybrid induced polarisation survey will enable the direct detection and modelling of sulphides in 3D to in excess of 3km.  This survey can be combined with existing drill-hole logs to construct improved 3D constrained geographical models.
  • The increased sensitivity of the Spartan-Orion hybrid survey will allow for the production of improved structural and geological rock-type and mineralization maps. 

 

Read full press release…

PRESS RELEASE

Quantec launches new Website

Quantec is pleased to have launched its new Website.

The new site provides easy access to information about Quantec, Quantec’s industry leading technologies and our vast experience helping companies in the exploration business.

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ORION3D

Find out about ORION3D:

The most comprehensive imaging available today, for best practice drill planning to 1000 metres.

ZTEM vs TITAN at Silver Queen

Plan one year in advance to make sure that you have time built into your exploration schedule to run and interpret all surveys, and also that you have an approved budget for accessing better data before drilling. Read more