Santacruz Silver

Overview

Santacruz Silver Mining (TSXV:SCZ,OTC:SZSMF,FSE:1SZ) is poised to become Mexico’s next mid-tier silver producer. The company is expecting significant growth after a low-cost acquisition of the Zimapan mine for only US$4.96 per ounce silver equivalent (AgEq) of average annual production. The property is located within the Zimapan mining district, which has been the site of prolific precious metals mining for nearly half a century.

Santacruz Silver Mining Company Highlights

• Santacruz Silver Mining has positioned itself to become Mexico’s next mid-tier silver producer through strategic exploration and resource development. The company recently acquired the historic Zimapan mine at a low cost.
• The company’s technical and management team offers a proven track record of building efficient and sustainable mines in Mexico.
• Santacruz’s Zimapan property spans more than 5,000 ha that remain largely unexplored. Mining activity on 5 percent of the property produced 5.9 million tonnes of mineralized material between 2011 and 2019.
• The company’s Rosario project is located in the historic mining district of Charcas and is home to two world-class vein systems, Rosario and Membrillo. The Rosario property includes 3,000 ha of unexplored mineralized areas. Recent drilling has confirmed higher silver grades across the Membrillo vein.
• Santacruz’s Veta Grande mine, located within the historic Zacatecas silver mining belt, currently operates at 430 tpd milling capacity. Construction is already underway to increase capacity to 750 tpd or more.