Santacruz produces 1241K Oz Silver in 3Q

Nov 08, 2025

illustrative 1Santacruz Silver Mining Ltd reports its Q3 2025 production results from its Bolívar mine, Porco mine, Caballo Blanco Group of mines and the San Lucas Group which includes the Reserva Mina and the San Lucas feed sourcing business, all located in Bolivia, and the Zimapan mine located in Mexico.

According to the report, key takeaways for Q3 2025 Production are:

1: Silver Equivalent Production: 3,424,817 silver equivalent ounces,

2: Silver Production: 1,241,929 ounces,

3: Underground Development: 12,634 meters.

Arturo Préstamo, Executive Chairman and CEO of Santacruz, commented, “During Q3 2025, Santacruz maintained steady consolidated production, supported by strong operational performance from Caballo Blanco and San Lucas, which helped offset the lower silver production at the Bolívar mine.

In Mexico, Zimapán continued to deliver stable production, reflecting consistent plant throughput and recoveries. This quarter fully captured the impacts of the water inflow event that occurred at the Bolívar Mine in May 2025. The event resulted in restricted access to the high silver grade areas.

In response, we have been actively working on strengthening the pumping system at Bolívar, with the fourth line commissioned in September and the installation of a fifth submersible line underway, which together will increase total pumping capacity to 340 liters per second.

These improvements are facilitating the gradual dewatering and recovery of the affected zones in the Bolívar mine. We expect production from the high-grade Pomabamba and Nané areas at Bolívar to resume in February 2026 and ramp up steadily through the remainder of the year”.

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