Bolivar Project
Bolivar
Country Mexico 
Province Chihuahua
Close to Chihuahua
Status PRODUCTION 
Surface 75 km² / 18,654 acres
Latitude / Longitude 27 N 02 / 107 W 52 Mining District Piedras Verdes
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Produces Copper - Gold - Iron - Silver - Zinc -
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Last updated on 2/23/2011 - Terms of Use
Risk and valuation analysis of the Bolivar Project
Status Risk : Production
Country Risk : Light
    Link to technical report
Title(s) of the Bolivar Project
Sierra Metals Inc.
Owner: 100%
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Location of the Bolivar Project
The Bolivar property is composed of eighteen mineral concessions in Chihuahua State, Mexico, approximately 250 km southwest (straight line) of the state capital, Chihuahua and covering approximately 7,549 hectares hectares. Procduction from the Bolivar mine is not subject to any royalties.
 
History of the Bolivar Project
Past mining activities on the Bolivar property have centered on the high-grade Bolivar mine and La Increíble mine.
 
Geology of the Bolivar Project
The geologic setting for the project is a volcano-sedimentary assemblage of Cretaceous age that comprises flows and tuffs of andesite and basalt intercalated with greywacke, limestone and shale beds. Two distinct periods of volcanic activity have been recognized.
 
Production history
Metal201020092008200720062005historical
COPPER (lbs)36,000,000
COPPER (t)1,960
COPPER (lbs)2,900,7003,854,6853,854,6853,528,77412,140,856
ZINC (lbs)180,000,000
ZINC (t)4,390
ZINC (lbs)17,556,10019,077,59819,077,59817,149,20135,677,407
Production
2/22/2011Reports Fourth Quarter and Full Year 2010 Volumes
Exploration and drilling
2/23/2011Provides Second Update on Construction Progress at Its Piedr...
9/20/2010Renegotiates Reyna de Oro Option Agreement at Bolivar Proper...
8/31/2010Begins Drilling the La Cascada Gold Target at Bolivar Projec...
8/23/2010Development Drift Reaches El Gallo Deposit at the Bolivar Pr...
5/4/2010Plans Major Geophysical Surveys
3/23/2010Expands Gold Mineralization at La Cascada High-Sulfidation G...
3/18/2009Finalizes Surface Rights Agreement With the Ejido to Accommo...
2/16/2009Bolivar-Drill Testing of Geochemical Anomalies Begins
1/26/2009Favorable Court Decision on its Bolivar III and IV Mining Co...
11/10/2008Increases Resources at its Bolivar Cu-Zn Project and Plans N...
9/18/2008Reports 8.4 Metres of 4.97% Cu and 25.45% Zn From the Titani...
7/5/2006Reports Recent Developments at its Bolivar Pilot-Mining Prog...
Discoveries and Drilling Results
12/31/2010Reports Drilling Results From La Cascada Gold Target at Boli...
4/6/2010Reports More High-Grade Gold Samples at the La Cascada High-...
3/2/2010Develops More High-Grade Rock
11/4/2009Results From Bolivar and Cusi-Pilot Projects
10/1/2009Develops Access to Massive High-Grade Copper-Zinc Mineraliza...
4/17/2009CORRECTION FROM SOURCE/Dia Bras: New Discovery of Disseminat...
4/6/2009New Discovery of Disseminated Copper Silver Mineralization a...
12/17/2008Applies New Geologic Model at Bolivar
7/29/2008Reports Significant Drill Intersections From the El Gallo Ar...
5/28/2008Drifts Into New High-Grade Bornite Zone at its Bolivar Mine,...
4/8/2008Intersects High-Grade Copper-Gold at the Bolivar Property
3/3/2008Increases Significantly its Resources Base at its Bolivar Cu...
1/21/2008Intersects 73.8 Metres Grading 1.2% Cu and 41 g/t Ag at El G...
11/12/2007Receives Positive Results From Preliminary Economic Assessme...
10/18/2007New Discovery at Bolivar: 32.5 Metres of 4.26% Zn at La Nari...
6/7/2007Drills 31 Metres of 4.05% Cu and 22.75% Zn at Bolivar Mine
3/27/2007Drills 43 Metres of 2.2% Cu and 13.1% Zn at Bolivar Mine
11/21/2006Reports Recent Results From its Exploration Program at South...
10/26/2006Continues to Intersect High-Grade Massive Sulfides at Boliva...
9/29/2006Extends Mineralized Zones at Bolivar Mine
Location
Data last updated on : 9/25/2008
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