Sierra Metals Announces New Vice President, Health & Safety

Sierra Metals Inc. (TSX: SMT | OTCQX: SMTSF) (“Sierra Metals” or the “Company”) is pleased to announce the appointment of Mr. Astolfo Romero as Vice President, Health & Safety effective March 1, 2024 replacing Mr. Felix Guerra who is retiring after a very successful career in the mining industry.

Ernesto Balarezo, CEO of Sierra Metals, commented, “We are very excited to have Astolfo join Sierra. He brings a deep passion to the role where he will enhance the strong health and safety standards in place throughout the Company helping us achieve our aim to become best in class.”

Mr. Balarezo continues, “On behalf of everyone at Sierra, we’d like to thank Felix for all his hard work and dedication especially over the last year as the safety culture and practices have improved dramatically. He has been an important part of Sierra’s turnaround. We wish Felix all the very best in his future endeavours.”

Biography – Astolfo Romero

Mr. Romero, a systems engineer with more than 30 years of experience in both the oil & gas and mining sectors. He graduated from Instituto Politécnico Universitario Santiago Mariño in Venezuela with a specialization in automation and control. Mr. Romero has a Master’s degree in Engineering Security, Health, and Environment from Universidad de Los Andes and a Master's degree in Mining Industry Management from Universidad de Viña del Mar, with a Black Belt Six Sigma Specialization, Cost Management Specialization. As a Postgraduate Teacher he received his Master's degree in Mining Management at GERENS and Pontificia Universidad Catolica del Peru. Before joining Sierra, over the last 11 years, Mr. Romero served in multiple management positions in Volcan Compania Minera (Glencore) in areas such as Health & Safety, Operational Excellence, and Human Development. Before joining Volcan, Mr. Romero served as a Project Manager at Dupont Safety Resources.

About Sierra Metals

Sierra Metals is a Canadian mining company focused on copper production with additional base and precious metals by-product credits at its Yauricocha Mine in Peru and Bolivar Mine in Mexico. The Company is intent on safely increasing production volume and growing mineral resources. Sierra Metals has recently had several new key discoveries and still has many more exciting brownfield exploration opportunities in Peru and Mexico that are within close proximity to the existing mines. Additionally, the Company has large land packages at each of its mines with several prospective regional targets providing longer-term exploration upside and mineral resource growth potential.