12:48 PM EST - Sierra Metals Inc. : Has updated its Mineral Reserves Estimate at the Company's Yauricocha Mine, located in Yauyos Province, Peru. Mineral Reserves for Yauricocha are 8,917,000 tonnes averaging 48.3 g/t silver, 1.2% copper, 0.8% lead, 2.4% zinc and 0.5 g/t gold representing a 134% increase to the previous Reserve Estimate. This new Reserve Estimate more than doubles the previous mine life at current throughput levels when compares to the previous August 2016 Reserve Estimate. Total Proven and Probable Contained Metal has significantly increased by 86% silver, 237% copper, 58% lead, 96% zinc, and 97% gold as compared to the previous August 2016 reserve estimate. Sierra Metals Inc.
shares T.SMT are trading unchanged at $3.10.
