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Santacruz Silver Reports Commencement of Commercial Production at Veta Grande Mine and Third Quarter 2016 Production Results
Nov. 10, 2016 08:02PM PST
Silver InvestingSantacruz Silver Mining (TSXV:SCZ) reported operating results from the Rosario Mine in San Luis Potosi, Mexico. The company also announced that the Veta Grande Mine in Zacatecas, Mexico has commenced commercial production effective October 1, 2016. As quoted in the press release: Q3 Highlights: Rosario Mine production of 164,924 ounces silver equivalent (AgEq), at an …
Santacruz Silver Mining (TSXV:SCZ) reported operating results from the Rosario Mine in San Luis Potosi, Mexico. The company also announced that the Veta Grande Mine in Zacatecas, Mexico has commenced commercial production effective October 1, 2016.
As quoted in the press release:
Q3 Highlights:
Rosario Mine production of 164,924 ounces silver equivalent (AgEq), at an average head grade of 252 g/t AgEq;
Cinco Estrellas gold-silver property began delivering mineralized material to the Rosario mill late in Q3. During Q4, mill feed deliveries are scheduled to average 240 tpd;
Ramp-up at the Veta Grande Mine continued, resulting in the declaration of commercial production as of October 1, 2016. The Veta Grande Mine is poised for throughput growth beyond the current rate of 400 tpd, with the aim to reach 800 tpd during the first quarter of 2017.