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Santacruz Silver Reports Q4 Output of 268,319 Silver Equivalent Ounces
Feb. 03, 2016 04:04PM PST
Silver Investing
Santacruz Silver Mining Ltd. (TSXV:SCZ) released its operating results for Q4 2015, as well as for the year as a whole. Results are for the company’s Mexico-based Rosario mine.
Santacruz Silver Mining Ltd. (TSXV:SCZ) released its operating results for Q4 2015, as well as for the year as a whole. Results are for the company’s Mexico-based Rosario mine.
Highlights for Q4 include:
- Silver equivalent produced ounces of 268,319 in Q4, 832,284 ounces in 2015;
- Head grade of 341 g/t Ag Eqv. in Q4, 352 g/t Ag Eqv. in 2015;
- Completed transition to in-house mining team focused on cost effective produced ounces.
Arturo Prestamo, CEO of Santacruz Silver, commented:
Santacruz has focused on producing cost-effective ounces in Q4 and will continue to do so in 2016. Our previous initiatives have provided the base from which we can continue to produce cost-effective ounces while at the same time increasing production as the opportunity arises. In the current market environment it is vital to the viability of the Company that we continue to operate in this fashion. In addition we are making significant strides at the Veta Grande Mine and anticipate bolstering our production performance once the Veta Grande milling facility is fully operational.
Click here to read the full Santacruz Silver Mining Ltd. (TSXV:SCZ) press release.