Sierra Metals Reports Drilling Results at Promontorio Mine, Cusi Property

By MT Newswires,  December 13, 2012, 01:09:31 PM EDT

Sierra Metals Inc. (SMT.V) reported that drilling at the Promontorio Mine of its Cusi property in Mexico has encountered high grade silver mineralization over wide widths in what the company believes is a previously-unknown vein within a deeper portion of the mine's disseminated zone.

As part of the company's more aggressive exploration and development program for the Cusi property approved earlier in the year, during November 2012 the company drilled a total of 4,002 metres.

SMT shares gained 3% to $2.34.




The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of The NASDAQ OMX Group, Inc.


This article appears in: Investing, Commodities

Referenced Stocks:



Latest News Video

Take Control Of Your Wealth
Take Control Of Your Wealth         
How to Avoid Getting Caught Pre-Defection
How to Avoid Getting Caught Pre-Def...
WSJ House of the Week: And the Winner Is…
WSJ House of the Week: And the Winn...
How to Invest When Interest Rates Rise
How to Invest When Interest Rates R...


Sign-in
Existing NASDAQ.com member? Log in here.

By signing into the site using any of the third-party services above, you agree to NASDAQ.com's Terms of Use.




Most Active by Volume:

Company Last Sale Change Net / %
PFE $ 29.40 0.24  0.82%
NOK $ 3.86 0.17  4.61%
S $ 7.32 0.10  1.39%
BAC $ 13.27 0.06  0.45%
GE $ 24.33 0.56  2.36%
MU $ 13.76 0.52  3.93%
SIRI $ 3.40 0.06  1.80%
MNKD $ 6.605 0.94  12.40%