TORONTO, July 28, 2015 /PRNewswire/ - Sierra
Metals Inc. (TSX: SMT) (BVL: SMT) ("Sierra Metals" or "the
Company") is very excited to announce that the Company has
appointed Mr. Gordon Babcock as
Chief Operating Officer ("COO") effective July 13, 2015.
Mr. Babcock is a second generation Professional Mining Engineer
with over 34 years of experience in mine production management,
project development, engineering, exploration and mine consulting
in precious, base metals and aggregate operations in the
Americas. He was most recently COO at Jaguar Mining and has
previously worked for Nyrstar, Breakwater Resources, Coeur Mining
Inc., Milpo, The Hochschild group in Peru, Muscocho Explorations, and The Noranda
Group. Gordon holds a degree in Mining Engineering from
Queen's University and is an active member of the Association of
Professional Engineers of Ontario,
CIM and AIME.
"We are very excited to have a professional of Gordon's
caliber join Sierra Metals." Commented Mark Brennan, President and CEO. "Gordon has
extensive experience mining in Latin and South America and grew up in a mining family
in the Andes of Peru. Gordon's
core competency of maximizing safety, increasing production
efficiencies and the revitalization of operations comes at a very
important time for Sierra Metals' operations. We are highly
confident that Gordon will be able to use his skills to take Sierra
to the next level in order to exploit the significant opportunities
for growth available to the Company."
About Sierra Metals
Sierra Metals Inc. is a Canadian mining company focused on
production of precious and base metals from its Yauricocha Mine in
Peru, and its Bolivar Mine and
Cusi Mine in Mexico. In addition,
Sierra Metals is exploring several precious and base metals targets
in Peru and Mexico. Projects in Peru include Adrico (gold), Victoria (copper-silver) and Ipillo
(polymetallic) at the Yauricocha Property in the province of Yauyos
and the San Miguelito gold
properties in Northern Peru.
Projects in Mexico include
Bacerac (silver) in the
state of Sonora and La Verde (gold) at the Batopilas Property in
the state of Chihuahua.
The Company's shares trade on the Lima Stock Exchange (Bolsa de
Valores de Lima) and on the TSX
under the symbol "SMT".
Forward-Looking Statements
Except for statements of historical fact contained herein, the
information in this press release may constitute "forward-looking
information" within the meaning of Canadian securities law.
Statements containing forward-looking information express, as at
the date of this news release, the Company's plans, estimates,
forecasts, projections, expectations or beliefs as to future events
or results. These statements reflect the Company's current
views with respect to future events and are necessarily based upon
a number of assumptions and estimates that, while considered
reasonable by the Company, are inherently subject to significant
business, economic, competitive, political and social uncertainties
and contingencies. Actual results might differ materially from
results suggested in any forward-looking statements. The Company
assumes no obligation to update the forward-looking statements, or
to update the reasons why actual results could differ from those
reflected in the forward-looking statements unless required by
securities laws applicable to the Company. Additional information
identifying risks and uncertainties is contained in filings by the
Company with the Canadian securities regulators, which filings are
available at www.sedar.com.
SOURCE Sierra Metals Inc.