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Santacruz Silver Mining Ltd. (TSXV:SCZ) announced Q3 2015 operating results for its Mexico-based Rosario mine, commenting that it put out 277,487 silver equivalent ounces during the period.
Santacruz Silver Mining Ltd. (TSXV:SCZ) announced Q3 2015 operating results for its Mexico-based Rosario mine, commenting that it put out 277,487 silver equivalent ounces during the period. That’s up 4.38 percent from the previous period.
Other highlights include:
- Head grade increased to 356.87 g/t Ag Eqv. Oz, up 10.58% from Q2;
- Transitioned from underground mining contractor to in-house mining which will further reduce costs.
Arturo Préstamo, CEO of Santacruz Silver, commented:
Santacruz has again improved upon the previous quarter’s production performance at the Rosario Mine in Q3. During Q3 we successfully transitioned from third party contractor underground mining to an in-house mining operations team. This action was taken to both further reduce the cost structure at the Rosario Mine and to ensure more management control over the day to day mining operations. We are pleased to be now hitting our stride at the Rosario Mine and we anticipate further improvements both operationally and financially. This performance comes at a key time in the Company’s development and will allow us to continue our path forward.
Click here to read the full Santacruz Silver Mining Ltd. (TSXV:SCZ) press release.