09:48 AM EST - Sierra Metals Inc. : announced that drilling at the Cachi Cachi Mine, located immediately north of the Central Mine Area of its Yauricocha property, has encountered wide zones of high grade zinc mineralization. In addition, the Company has expanded its planned 2014 drilling for resource expansion at Yauricocha by 2.5 times. For example, drill hole ESC-12-14-18 cut 5.1 metres true width averaging 288.3 g/t silver, 20.57% zinc, and 3.05% lead (1,098.8 g/t silver equivalent grade). Sierra Metals Inc.
shares T.SMT are trading down $0.03 at $1.86.
