Sierra Metals

Diversified Polymetallic Producer with Exciting Resource Growth Potential

Sierra Metals Inc. is a Canadian-based profitable and growing polymetallic mining company with production from its Yauricocha Mine in Peru, and its Bolivar and Cusi Mines in Mexico. The company has recently completed expansion programs at its Mexican assets and is now focused on increasing production volume at its Peruvian asset. Sierra Metals continues to grow its mineral resources and reserves through brownfield exploration opportunities that are within or of close proximity to the existing mines. Additionally, the company has large land packages at all three mines with several prospective regional targets providing longer-term exploration upside and mineral resource growth potential.

Investment Highlights

• Strong production & reserve growth
• Strong balance sheet and solid financial position with cash flow to fund growth
• Diversified production & asset base with operating mines in two stable mining jurisdictions
• Production expansions completed at Mexican mines, now focused on production expansion at the Yauricocha Mine in Peru
• Lower cash costs and lower AISC costs with increased production at mines going forward
• Leadership of proven explorers, mine builders & operators
• Core assets – Well positioned for further growth with three operations offering exceptional exploration upside for longer mine lives