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Sierra Metals Announces Update of 10,000 Tonnes Per Day Positive Preliminary Economic Assessment Results to Now Include Iron Ore Production at Its Bolivar Mine in Mexico

After-tax NPV of US$361 Million Sierra Metals Inc. (TSX:SMT) (BVL: SMT) (NYSE:SMTS) ("Sierra Metals" or "the Company") is pleased to report the results of an updated Preliminary Economic Assessment ("PEA") regarding the Company's Bolivar Mine, locate