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Santacruz Silver Mining Ltd V.SCZ

Alternate Symbol(s):  SCZMF

Santacruz Silver Mining Ltd. is a Canada-based company. It is engaged in the operation, acquisition, exploration and development of mineral properties in Latin America. The Bolivian operations are comprised of the Bolivar, Porco and the Caballo Blanco Group, which consists of the Tres Amigos, Reserva and Colquechaquita mines. The Soracaya exploration project and San Lucas ore sourcing and trading business are also in Bolivia. Bolivar Mine is located in the state of Oruro in Bolivia, and municipality of Antequera. Caballo Blanco mine consists of three separate mines and one process plant operating as one to produce Zinc and Lead concentrates. Porco mine is located in the Porco Municipality of the Antonio Quijarro Province, in the Potosi Department, Bolivia. Zimapan mine consist of 34 mining concessions covering an area of 5,139 hectares, including the prospective 337-hectare Santa Gorgonia one concession. It is seven kilometers from the municipality of Zimapan in Hidalgo State, Mexico.


TSXV:SCZ - Post by User

Comment by TheCardinalon Mar 31, 2022 2:07pm
227 Views
Post# 34563957

RE:From CEO.CA Today

RE:From CEO.CA TodayFive month's time ( Oct-Mar ) produced $8 million that went toward the acquisition price.  So, that works out to a million-six ( $1,600,000 ) a month.  Since Glencore saw these as base-metal mines, the recovery circuits were almost certainly tuned for zinc-lead.  Santacruz will probably re-tune them for silver, but not to worry, there will still be lots of zinc-lead coming out of the pipeline.  And fetching a handsome price, even if the Company decides to treat the base metals as by-product credits.  I think the base metals are sufficient, though, to stand on their own as a reportable category. 

The numbers are going to surpise a lot of people.  In a good way. 
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