Sierra Metals Inc. (TSX: SMT; NYSE: SMTS) has received its permit for the surface drilling program at its Yauricocha Mine in Peru as well as  its permit to construct the expansion of the tailing dam facility.

“Surface drilling of four high-value drill targets which were identified as part of a recent Titan 24 geophysical survey and through surface sampling has begun. We are excited to see the drills turning and look forward to the results and the potential discovery of new mineralized zones,” Igor Gonzales, President, and CEO of Sierra Metals commented.

Construction at the tailing dam is permitted and will take place in two stages. In the first stage the company is permitted to complete a two meter lift. Once complete Sierra Metals will amplify the area of deposition for the next stage, which will include an additional lift of two more meters. In total, once completed the company will have finalize a four meter lift that will add approximately three years of capacity, assuming a throughput rate of 3,000 tpd.

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