Santacruz Silver Mining Ltd reports its Q3 2024 production results from its Bolivar mine, Porco mine, Caballo Blanco Group of mines and the San Lucas feed sourcing business, all located in Bolivia, and the Zimapan mine located in Mexico. According to the report, Q3 produced Silver Equivalent Production: 4,644,013 silver equivalent ounces & Silver Production: 1,703,387 ounces.
Arturo Préstamo, Executive Chairman and CEO of Santacruz, commented, “During Q3 2024, Santacruz continued to demonstrate steady operational performance, processing 491,260 tonnes of ore, yielding 4,644,013 silver equivalent ounces. Notably, silver production increased by 2% compared to Q2 2024, reaching 1,703,388 ounces.
This improvement in silver production, combined with favorable trends in silver prices has further enhanced our revenue-generating capabilities. It also underscores Santacruz´s ongoing efforts to optimize mining and processing operations, reflecting our commitment to operational excellence.
We expect these production levels to provide a strong foundation for the remainder of the year. Mr. Préstamo continued: “All of our operations demonstrated strong results, but in particular, I would like to commend our team in Zimapan, Mexico, for their consistently improved performance, delivering meaningful quarter-over-quarter increases in both throughputs and grades processed.”
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