Santacruz Silver Mining Ltd. Reports Production Results for the Fiscal Year 2024

Published: 2025-05-29 02:05:28 ET SCZ.V

Published on 05/29/2025 at 02:05

Santacruz Silver Mining Ltd. reported production results for the Fiscal Year 2024. For the year, the Company processed 1,955,905 tonnes of ore, producing 18,651,701 silver equivalent ounces, a 1% decrease year-over-year. This total includes 6,718,381 ounces of silver and 94,399 tonnes of zinc. Compared to 2023, the tonnes of processed material increased by 4%.

The increase was driven by increases in tonnes milled from the San Lucas Group 9%, Porco 7% and Zimapan 10% operations that were offset by decreases in Bolivar (3%) and Caballo Blanco Group's (13%) operations. The 13% decrease in Caballo Blanco Group is due to the results of the Reserva mine being reported in the San Lucas Group starting in Third Quarter 2024.