Operations

Santacruz Silver's mining portfolio currently consists of two high-grade underground mining operations: Zimapan Mine and Rosario Mine. These mines were producing at a run-rate of >4.5M oz AgEq in Q4 2019 (pre COVID-19). Going forward, the mine throughput and production are expected to return to historic levels by the end of Q3 2020. Additionally, there's an opportunity for major production expansion as both plants are well below capacity. These mines are also low cost. The Zimapan Mine achieved a low AISC at US$16/oz AgEq in Q2 2020.