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Santacruz Silver Mining Ltd : Santacruz Silver Enters Definitive Agreement to Acquire the Zimapan Mine and Arranges Financing For Transaction
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Press Release - MINING COM
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Santacruz Silver Mining Ltd.: Santacruz Silver Produces Record 3.7 Million Silver Equivalent Ounces in 2020
Vancouver, British Columbia (Newsfile Corp. - February 2, 2021) - Santacruz Silver Mining Ltd. (TSXV: SCZ) (OTC: SZSMF) (FSE: 1SZ) (the Company or Santacruz ) reports operating results from the Zimapan Mine in Zimapan Hidalgo, and the Rosario Project in Charcas, San Luis Potosi, located in Mexico, for the fourth quarter ( Q4 ) and year ended December 31, 2020 and provides an operations update.
Production Highlights:
Silver equivalent (AgEq) consolidated annual production increased by 30% to 3,655,320 AgEq ounces (2019 - 2,829,459 AgEq ounces), including 1,157,812 ounces of silver, 11,056 tonnes of zinc, 3,948 tonnes of lead and 1,544 tonnes of copper
Santacruz Silver Mining Ltd.: Santacruz Silver Reaches Agreement to Extend Zimapan Mine Lease and Updates Status of Zimapan Mine Acquisition
Arturo Prestamo
Telephone: 52 81 8378-5707
Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
Forward looking information
Certain statements contained in this news release constitute forward-looking information as such term is used in applicable Canadian securities laws, including statements relating to the acquisition of the Zimapan Mine by the Company and potential funding transactions for the Purchase Price thereof. Forward-looking information is based on plans, expectations and estimates of management at the date the information is provided and is subject to certain factors and assumptions. In making the forward-looking statements included in this news release, the Company has
Santacruz Silver Reaches Agreement to Extend Zimapan Mine Lease and Updates Status of Zimapan Mine Acquisition
Santacruz Silver Mining Ltd. reports that its wholly-owned subsidiary, Carrizal Mining S.A. de C.V. has reached agreement with Minera Cedros, S.A. de C.V. a wholly owned subsidiary of Industrias Peñoles, S.A.B. de C.V., to extend the current mine lease on the Zimapan Mine from December 31, 2020 to June 30, 2021.In a related matter, the Company advises that it and Minera Cedros are at an advanced stage of …
Santacruz Silver Mining Ltd. (TSXV: SCZ) (the “Company” or “Santacruz”) reports that its wholly-owned subsidiary, Carrizal Mining S.A. de C.V. (“Carrizal”), has reached agreement with Minera Cedros, S.A. de C.V. (“Minera Cedros”), a wholly owned subsidiary of Industrias Peñoles, S.A.B. de C.V., to extend the current mine lease on the Zimapan Mine from December 31, 2020 to June 30, 2021.
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