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Santacruz Commences Drilling at Veta Grande Project
Santacruz Commences Drilling at Veta Grande Project Canada NewsWire VANCOUVER, J...
About this update from Santacruz Silver Mining Ltd.
[{"type":"text","content":"\n\n\n\nSantacruz Commences Drilling at Veta Grande Project\n\n/* Style Definitions */\nspan.prnews_span\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\na.prnews_a\n{\ncolor:blue;\n}\nli.prnews_li\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\np.prnews_p\n{\nfont-size:0.62em;\nfont-family:\"Arial\";\ncolor:black;\nmargin:0in;\n}\n\n\n\n\n\n\n\nCanada NewsWire\nVANCOUVER, Jan. 24, 2018\n\n\n\nTSX-V: SCZFSE: 1SZ\n\n\n\nVANCOUVER, Jan. 24, 2018 /CNW/ - Santacruz Silver Mining Ltd. (TSX.V:SCZ) (the \"Company\" or \"Santacruz\") reports that Carrizal Mining, S.A. de C.V. (\"Carrizal\") has initiated a 6,000-meter surface diamond drilling campaign at the Veta Grande Project located in Zacatecas, Mexico pursuant to the terms of the binding LOI (the \"Carrizal LOI\") between the Company and Carrizal (see press release dated December 14, 2017).  \n\nThe initial 6,000-meter campaign over 15 drill holes will be focussed on drilling the Veta Grande vein at depth below the current level being mined by the Company and is expected to also intersect the La Flor, San Jose and Armados veins that run parallel to the Veta Grande vein.\n\nCarlos Silva, COO of Santacruz, stated \"This drill program will allow Santacruz to establish a maiden resource estimate on the Veta Grande vein in the first half of 2018,\" Mr. Silva continued \"Following this Phase 1 program the Company's plan is to broaden the exploration program along the northern strike of the Veta Grande vein as we are eager to test the strike extent of this important historical vein system.\" \n\nAbout Santacruz Silver Mining Ltd. \n\nSantacruz is a Mexican focused silver company with two producing silver projects (Rosario, including the Cinco Estrellas property and Membrillo Prospect, and the Veta Grande project and milling facility); and two exploration properties including the Minillas property and Zacatecas properties. The Company is managed by a technical team of professionals with proven track records in developing, operating and discovering silver mines in Mexico. Our corporate objective is to become a mid-tier silver producer.\n\nAbout Carrizal Mining, S.A. de C.V.\n\nCarrizal Mining is a Mexican privately owned Company which operates the Zimapan mine in Zimapan Hidalgo Mexico. The Company operates a 3,200 tpd mill and produces lead-silver, zinc and co...