Santacruz Silver announces Significant Mineral Resource and Reserve Estimates for Bolivian Mines

Proactive - Interviews for investors

Arturo Prestamo, Executive Chairman and CEO of Santacruz Silver Mining joined Steve Darling from Proactive to announce the latest Mineral Resource and Reserve estimates for the company’s three producing assets in Bolivia: the Bolivar mine, the Porco mine, and the Caballo Blanco Group of mines. These estimates mark a significant milestone for Santacruz Silver Mining as the company continues to expand its footprint in the region. Prestamo revealed that the Total Proven and Probable Mineral Reserves amount to 54 million silver equivalent ounces, including 19 million ounces of silver and 259 thousand tonnes of zinc. This substantial reserve base underpins the company's ongoing production and highlights the potential longevity of these assets. In addition, the Total Measured and Indicated Resources stand at 102 million silver equivalent ounces, which includes 32 million ounces of silver and 518 thousand tonnes of zinc. The Total Inferred Resources across the Bolivian producing mines have been estimated at 189 million silver equivalent ounces, comprising 72 million ounces of silver and 882 thousand tonnes of zinc. Furthermore, an initial Inferred Resource for the Soracaya deposit has been reported at 35 million ounces of silver. Prestamo also emphasized that these Bolivian assets are currently in production and remain open along strike and at depth. With an ongoing exploration program in place, Santacruz Silver Mining sees considerable potential to further expand the existing Mineral Resources and Reserves, securing the company’s growth prospects well into the future. #proactiveinvestors #santacruzsilverminingltd #tsxv #scz #mining #MiningIndustry #Q2Results #ArturoPréstamo #SilverAndZinc #CommodityPrices #ProactiveInvestors #MiningNews #Glencore #FinancialGrowth #MexicoMining#invest #investing #investment #investor #stockmarket #stocks #stock #stockmarketnews#invest #investing #investment #investor #stockmarket #stocks #stock #stockmarketnews