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Santacruz Silver Mining reports its operating results from the Veta Grande Project in Zacatecas, Mexico and Rosario Project in Charcas, San Luis Potosi, Mexico for the fourth quarter (“Q4”) and year ended December 31, 2018 and provides an operations update.
Santacruz Silver Mining (TSX.V:SCZ) reports its operating results from the Veta Grande Project in Zacatecas, Mexico and Rosario Project in Charcas, San Luis Potosi, Mexico for the fourth quarter (“Q4”) and year ended December 31, 2018 and provides an operations update.
As quoted in the press release:
Carlos Silva, Santacruz’s COO stated, “Production at Veta Grande is steadily improving as a result of increased mine development during the year leading to additional stopes coming online and less reliance on previously mined mineralized material (Chorros) as feed to the mill. The ongoing mine development at the Armados, Navidad and Garcia mines has positioned our Veta Grande operations for continued improvements in 2019.” Mr. Silva continued, “At Rosario a mine plan has been developed and implemented to deal with the narrow vein system. The focus is to transition to being a lower tonnage producer with less dilution which is expected to translate into a more efficient operation. In conjunction with implementing the new mine plan an evaluation of the future operations of Rosario is taking place.”
