Santacruz Reports Progress on Veta Grande Mill Expansion and Additional Drilling Campaign at Armados Vein

Santacruz Silver Mining (TSX.V:SCZ) (the “Company” or “Santacruz”) reports that construction works to expand the Veta Grande mill capacity to 750 tpd are 85% advanced.  Commissioning of this expansion is expected to start in late March.  The mill expansion is being funded by Carrizal Mining, S.A. de C.V. (“Carrizal”) pursuant to the Carrizal LOI.

“The expansion of the Veta Grande Project diamond drill program to include the Armados vein will allow us to better delineate a mine plan on this vein in anticipation of the inminent expansion of the Veta Grande mill capacity.

The mill expansion activities are in line with our budget and commissioning of the new ball mill is scheduled to start by the end of the first quarter aiming to achieve designed efficiencies during the month of April.”

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