Sierra Metals A1 Silver Production 700K Ounces, Down 24% YoY

First Quarter 2022 Consolidated Production Highlights Silver production of 0.7 million ounces; a 24% decrease from Q1 2021 Copper production of 6.3 million pounds; a 20% decrease from Q1 2021 Lead production of 4.2

First Quarter 2022 Consolidated Production Highlights

  • Silver production of 0.7 million ounces; a 24% decrease from Q1 2021
  • Copper production of 6.3 million pounds; a 20% decrease from Q1 2021
  • Lead production of 4.2 million pounds; a 53% decrease from Q1 2021
  • Zinc production of 10.5 million pounds; a 57% decrease from Q1 2021
  • Gold production of 1,923 ounces; a 27% decrease from Q1 2021
  • Copper equivalent production of 15.9 million pounds; a 38% decrease from Q1 2021
  • After reaching the Bolivar Northwest orebody at the end of the Q1, production is on track to reach the Company’s H1 guidance of 34.0 to 39.5 million copper equivalent pounds
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