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Santacruz Reports Progress on Veta Grande Mill Expansion and Additional Drilling Campaign at Armados Vein
Santacruz Reports Progress on Veta Grande Mill Expansion and Additional Drilling Campaign ...
About this update from Santacruz Silver Mining Ltd.
[{"type":"text","content":"\n\n\n\nSantacruz Reports Progress on Veta Grande Mill Expansion and Additional Drilling Campaign at Armados Vein\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, Feb. 28, 2018\n\n\n\nTSX.V: SCZ FSE: 1SZ \n\n\n\nVANCOUVER, Feb. 28, 2018 /CNW/ - Santacruz Silver Mining Ltd. (TSX.V:SCZ) (the \"Company\" or \"Santacruz\") reports that construction works to expand the Veta Grande mill capacity to 750 tpd are 85% advanced.  Commissioning of this expansion is expected to start in late March.  The mill expansion is being funded by Carrizal Mining, S.A. de C.V. (\"Carrizal\") pursuant to the Carrizal LOI (see press release dated December 14th, 2017). \n\nIn addition, Santacruz advises that the previously announced drill campaign (see press release dated January 9th, 2018) at the Veta Grande Project has been expanded to include an initial 3,000-metre undergorund diamond drill program on the Armados vein.  In order to complete the program in a timely manner Carrizal is mobilizing a second drill rig to the Veta Grande mine with drilling expected to commence by mid-March. \n\nCarlos Silva, COO of Santacruz, stated, \"The expansion of the Veta Grande Project diamond drill program to include the Armados vein will allow us to better delineate a mine plan on this vein in anticipation of the inminent expansion of the Veta Grande mill capacity.\" Mr. Silva continued, \"The mill expansion activities are in line with our budget and commissioning of the new ball mill is scheduled to start by the end of the first quarter aiming to achieve designed efficiencies during the month of April.\"\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 s...