• Mineralization is found in veins and in halos surrounding the veins.
  • Veins are visible in open adits and declines.
  • Only resources within the two vein system (Rosario I & II) were accounted for.
  • Drilling results proved area between Rosario I and Rosario II is well mineralized.
  • Strong and well defined vein structure with 50 to 70 degree of inclination.
  • Mineralization appears to have occurred in three stages, the third stage precipitating the argentiferous (silver bearing) minerals.

Long Section Views (Rosario I & II Veins)

  • Expressions of the Rosario I and II veins are extended for more than 2.5 Kilometers along strike.
  • The current resources represent approximately 500 meters of strike only.
  • Drilling has tested both veins to +200 meters depth.
  • 46 Intercepts at Rosario I, and 32 veins intercepts at Rosario II.
  • The thickness of both veins varies from 0.4 to 2.5 meters.
  • Multiple mineralization and alteration stages
  • The deposit consists of a low sulfidation mesotermal vein system.

The production decision was not based on a feasibility study of mineral reserves demonstrating economic and technical viability. Accordingly, there is increased uncertainty and economic and technical risks of failure associated with this production decision. Production and economic variables may vary considerably, due to the absence of a complete and detailed site analysis according to and in compliance with National Instrument 43-101. The risks associated with this decision are set forth in the "Risk Factors" section of the Company's most recent Annual Information Form, filed on SEDAR.

Information of a scientific or technical nature herein was prepared by or under the supervision of Donald Hulse (who is a qualified person as such term is defined in National Instrument 43-101 Standards of Disclosure for Mineral Projects), who has reviewed and approved the contents hereof. Mr. Hulse is an independent consultants for Santacruz Silver Mining Ltd.