Santacruz Silver Provides Update on Developments Related To Covid-19 Response;
TSX.V: SCZ
FSE: 1SZ
April 21, 2020
Santacruz Silver Provides Update on Developments Related To Covid-19 Response;
Suspends Operations at Zimapan Mine Until April 30, 2020
Vancouver, B.C. – Santacruz Silver Mining Ltd. (TSX.V:SCZ) (the “Company” or “Santacruz”) reports that in
response to the global Covid -19 pandemic , it has temporarily suspended its mine, mill and exploration
activities at the Zimapan mine in Zimapan , Hidalgo, Mexico. The suspension of operations is strictly proactive
as no cases of Covid -19 have been documented at the Zim apan mine. Subject to government regulations
and other health expert input, activities are expected to re -commence on or about May 1, 2020 or at su ch
other date as mandated by Mexican authorities.
Mr. Carlos Silva, the Company ’s COO stated : “The Company ena cted strict sa fety and personal pr otection
guidelines in late March at all of its mine operations as a response to the Covid-19 pandemic and has closely
monitored activities since then. Although no case s of Covid -19 have been documented with respect to staff
working at any of our operations, the Company and the Zimapan mine owner, Grupo Peñoles, S.A.B. de C.V. ,
have determined to temporarily halt all mining, milling and e xploration activities at the Zimapan mine so as to
better protect the Company’s labour force and local communities from this pandemic.” Mr. Silva continued: “A
minimum number of personnel will remain onsite to maintain security and critical services.”
About Santacruz Silver Mining Ltd.
Santacruz is a Mexican focused silver compa ny with one producing project (Rosario) and several exploration
properties (the Zacatecas pr operties), including the Panuco property. The Company also owns 100% of
Carrizal Minin g S. A. de C.V. Carrizal Mining is a private Mexican mining company, which holds a 20%
working interest in the Company’s Veta Grande Project and has the right to operate the Zimapan Mine until
December 31, 2020 under a mining lease agreement.
The Company is managed by a technical team of professionals with proven track r ecords in developing,
operating and discovering silver mines in Mexico. Our corporate objective is to become a mid -tier silver
producer.
‘signed’
Arturo Préstamo Elizondo,
President, Chief Executive Officer and Director
For further information please contact:
Arturo Prestamo
Santacruz Silver Mining Ltd.
Email: [email protected]
Telephone: (604) 569-1609
Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term i s defined in the policies
of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.