Santacruz Silver Mining Ltd. reports on the operating and financial results Zimapan Mine in Zimapan Hidalgo Mexico and the Rosario Project in San Luis Potosi, Mexico for the second quarter of 2020. 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 thousands of [...]
Santacruz Silver Mining Ltd. announces that it is filing on SEDAR today an independent NI 43-101 Technical Report titled "Technical Report Zimapan Property Hidalgo Mexico" . The Report, which was prepared as part of the filings required by the TSX Venture Exchange in connection with the planned acquisition by the Company of the Zimapan property , provides a project description of the Zimapan property located in Hidalgo [...]
Santacruz Silver Mining Ltd. reports production in the second quarter of 2020 was 709,765 silver equivalent ounces, representing a 105% increase compared with Q2 2019 and a 27% decrease compared to Q1 2020. Both Q2 2020 and Q1 2020 production results include 100% of the Zimapan Mine's quarterly production whereas the Q2 2019 results do not include any production from the Zimapan Mine given Santacruz acquired its initial [...]
Santacruz Silver Mining Ltd. through its wholly owned subsidiary, Carrizal Mining, S.A. de C.V. , has entered into a legally binding term sheet with Minera Cedros, S.A. de C.V. , a wholly owned subsidiary of IndustriasPeñoles, S.A.B. de C.V. to acquire the Zimapan property and related assets located in Zimapan, Hidalgo State, Mexico for total consideration of US$20 million . The Zimapan Mine is currently under lease by [...]
Santacruz Silver Mining Ltd. is pleased to announce that it has entered into an agreement with Zacatecas Silver Corp. for the sale of a 100% interest in the Zacatecas Properties , located in the Zacatecas Mining District, Mexico, for consideration of US $1.5 million and the issuance of 5,000,000 common shares of Zacatecas Silver. Zacatecas Silver is a privately held silver focused exploration company, headed by Bryan [...]
Santacruz Silver Mining Ltd. reports on the operating and financial results from its Mexican mining operations for the first quarter of 2020. 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 thousands of US dollars unless otherwise indicated. Q1 2020 [...]
Santacruz Silver Mining Ltd. reports on its financial and operating results for the fourth quarter of 2019 and for the 2019 fiscal year. The full version of the financial statements and accompanying management discussion and analysis can be viewed on the Company's website at www.santacruzsilver.com or on SEDAR at www.sedar.com. All financial information is prepared in accordance with IFRS and all dollar amounts are [...]
Santacruz Silver Mining Ltd. announces that, as a result of delays caused by the COVID-19 pandemic, the Company will be postponing the filing of its condensed consolidated interim financial statements for the three-month period ended March 31, 2020 and accompanying management's discussion and analysis and related CEO and CFO certificates , which are required to be filed by June 1, 2020 under National Instrument 51-102 [...]
Santacruz Silver Mining Ltd. reports that it has commenced preparations to resume mining and milling operations at the Zimapan Mine located in Zimapan, Hidalgo State, Mexico on or about May 19, 2020. Operations at the Zimapan Mine were temporarily halted in April in response to the global Covid-19 pandemic. The Mexican government has authorized the resumption of non-essential activities as of May 19, 2020 in [...]
Santacruz Silver Mining Ltd. announces that, as a result of delays caused by the COVID-19 pandemic, the Company will be postponing the filing of its annual consolidated financial statements and accompanying management's discussion and analysis and related CEO and CFO certificates for the financial year ended December 31, 2019 , which are required to be filed by April 29, 2020 under National Instrument 51-102 - Continuous [...]
Santacruz Silver Mining Ltd. reports that in response to the global Covid-19 pandemic, it has temporarily suspended its mine, mill and exploration activities at the Zimapan mine in Zimapan, Hidalgo, Mexico. The suspension of operations is strictly proactive as no cases of Covid-19 have been documented at the Zimapan mine. Subject to government regulations and other health expert input, activities are expected to [...]
Santacruz Silver Mining Ltd. reports that, further to its news release dated February 25, 2020, the Company will not be completing any additional tranches of its previously announced non-brokered private placement. The Company raised gross proceeds of C$734,150 from the sale of 6,117,917 units pursuant to the private placement at price of C$0.12 per Unit. Each Unit consisted of one common share of the Company and one [...]
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