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Santacruz Silver Reports Q3 2021 Production of 872,913 Silver Equivalent Ounces
Vancouver, British Columbia--(Newsfile Corp. - October 20, 2021) - Santacruz Silver Mining Lt...
About this update from Santacruz Silver Mining Ltd.
[{"type":"text","content":"Santacruz Silver Reports Q3 2021 Production of 872,913 Silver Equivalent OuncesVancouver, British Columbia--(Newsfile Corp. - October 20, 2021) - Santacruz Silver Mining Ltd. (TSXV: SCZ) (the \"Company\" or \"Santacruz\") reports its operating results for the third quarter 2021 (\"Q3\") from the Zimapan Mine located in Zimapan, Hidalgo, Mexico and the Rosario Project located in Charcas, San Luis Potosi, Mexico. Production Highlights: Consolidated silver equivalent production for Q3 2021 was 872,913 AgEq ounces; an increase of over 9% compared to Q2 2021 Zimapan silver equivalent production for Q3 2021 was 867,215 AgEq ounces; an increase of over 14% compared to Q2 2021 that arose primarily as the result of a 20% increase in tonnes milled during the respective periods Carlos Silva, Santacruz's CEO stated, \"The production increase during Q3 arose mainly from the Carrizal and Monte mines as a result of development of new stopes at Lomo del Toro setting the stage for a strong year end.\" Mr. Silva added; \"All underground equipment from the Rosario project is now working at Lomo de Toro and it is expected that with this additional equipment production will further increase during Q4.\"COVID-19 UpdateThe Company continues to take all appropriate measures to prevent COVID-19 among the work force and local communities and to monitor the effectiveness of these measures in mitigating any potential impact on business activities. The Company's actions have been successful to date and the pandemic has not had any material impact on the business.CONSOLIDATED PRODUCTION RESULTS 2021 Q32021 Q22020 Q3Material Processed (tonnes milled)188,947172,324176,640Silver equivalent ounce production872,913799,057977,678Silver production (ounces)316,024329,398304,123Gold production (ounces)85359Lead production (tonnes)1,0127781,080Zinc production (tonnes)3,7673,0233,041Copper production (tonnes)497481395Average Head Grade (g/t Ag equivalent)188192231Development (metres)2,3942,4802,103 ZIMAPAN MINE PRODUCTION RESULTS2021 Q32021 Q22020 Q3Material Processed (tonnes milled)186,642155,407164,846Silver equivalent ounce production867,215757,937920,985Silver production (ounces)313,476310,910282,760Silver head grade (g/t)738473Gold head grade (g/t)---Lead head grade (%/t)0.610.560.72Zinc head grade (%/t)2.532.542.40Copper head grade (%/t)0.350.380.33Silver re...