Santacruz Silver Mining Ltd. reports on the operating and financial results from the Veta Grande Project in Zacatecas, Mexico and the Rosario Project in San Luis Potosi, Mexico for the second quarter of 2019. The full version of the financial statements and accompanying management's discussion and analysis can be viewed on the Company's website at www.santacruzsilver.com or on SEDAR at www.sedar.com. All amounts are in [...]
Santacruz Silver Mining Ltd. reports that it is today filing on www.SEDAR.com a technical report titled "Technical Report, Veta Grande Project, Zacatecas State, Mexico" dated effective August 20, 2019 containing an updated mineral resource estimate, under National Instrument 43-101 Standards of Disclosure for Mineral Projects . The Technical Report supersedes all previous technical reports prepared for the Company [...]
Santacruz Silver Mining Ltd. reports that its 50% owned subsidiary company, Carrizal Mining, S.A. de C.V. has entered into an agreement with Minera Cedros, S.A. de C.V. , a wholly-own subsidiary of Grupo Peñoles, S.A.B. de C.V., to extend the expiry date of the current Zimapan Mine lease agreement from July 31, 2019 to December 31, 2019. Arturo Prestamo, Santacruz's CEO stated, "We are pleased that Mineral Cedros [...]
Santacruz Silver Mining Ltd. wishes to clarify a statement made in its press release of August 6, 2019 in which it announced the granting of stock options. The "About Santacruz Silver Mining Ltd." section of the August 6th news release stated that "…The Company also indirectly owns 50% of the Zimapan silver-zinc mine." The Company wishes to clarify that the Company does not have any indirect ownership interest in [...]
Santacruz Silver Mining Ltd. announces that it has granted a total of 8,500,000 stock options to its directors, officers, employees, consultants and advisors. The stock options, which are subject to the terms and conditions of the Company's stock option plan, have a five-year term, are exercisable at $0.18 per share and subject to certain vesting requirements. About Santacruz Silver Mining Ltd. Santacruz is a Mexican [...]
Santacruz Silver Mining Ltd. reports on the operating results from the Veta Grande Project in Zacatecas, Mexico and the Rosario Project in San Luis Potosi, Mexico for the second quarter of 2019. Highlights: Consolidated silver equivalent production increases by 114% as compared to Q2 2018 and 45% as compared to Q1 2019 Veta Grande silver equivalent production increases by 185% as compared to Q2 2018 and 18% as compared to [...]
Santacruz Silver Mining Ltd. announces that, further to its press release of May 22, 2019, Santacruz, through its wholly-owned subsidiary Carrizal Holdings Ltd., has acquired a 50% shareholding in PCG Mining, S.A. de C.V. which is a holding company that owns 100% of Carrizal Mining, S.A. de C.V. , a private Mexican mining company. The shares were purchased from one of PCG's shareholders who is at arm's-length to Santacruz [...]
Santacruz Silver Mining Ltd. provides an update from the Phase 1 drill program on the Veta Grande, Armados and Navidad veins that form part of the Company's Veta Grande project located in the Zacatecas mining district, Zacatecas, Mexico . To date, the Company has completed 43 diamond drill holes totalling 13,665 metres on the property. This update references 24 of the 43 drill holes, representing 7,500 metres of surface [...]
Santacruz Silver Mining Ltd. reports that it has reached an agreement to amend the repayment terms of the US$ 2.3 million short-term loan that it has borrowed from a private Bolivian mining company , as previously announced in the Company's press releases dated March 7, 2018 and August 29, 2018. Pursuant to the amended terms, the principal balance of US$2.3 million is now to be repaid by January 30, 2020 . As partial [...]
Santacruz Silver Mining Ltd. reports on the operating and financial results from the Veta Grande Project in Zacatecas, Mexico and the Rosario Project in San Luis Potosi, Mexico for the first quarter of 2019. The full version of the financial statements and accompanying management's discussion and analysis can be viewed on the Company's website at www.santacruzsilver.com or on SEDAR at www.sedar.com. All amounts are in [...]
Santacruz Silver Mining Ltd. announces that Carrizal Mining, S.A. de C.V. , a private Mexican mining company, has earned a 20% working interest in Santacruz's Veta Grande Project pursuant to the terms of an agreement dated November 30, 2017 . Further, the Company has entered into separate agreements, with binding effect as of May 21, 2019, to acquire 100% of the outstanding shares of PCG Mining, S.A. de C.V. which is a [...]
TSX.V: SCZ FSE: 1SZ VANCOUVER, May 9, 2019 /CNW/ - Santacruz Silver Mining Ltd. reports on the operating results from the Veta Grande Project in Zacatecas, Mexico and the Rosario Project in San Luis Potosi, Mexico for the first quarter of 2019. Highlights: Consolidated silver equivalent production increases by 67% as compared to Q1 2018 and 8% as compared to Q4 2018 Veta Grande silver equivalent production increases by [...]