Santacruz Silver Mining Ltd reports its Q1 2025 production results from its Bolivar 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.
Q1 2025 Production Highlights reports,
1: Silver Equivalent Production: 3,688,129 silver equivalent ounces,
2: Silver Production: 1,590,063 ounces. Rest are other metals.
Arturo Préstamo, Executive Chairman and CEO of Santacruz, commented, “Santacruz started 2025 with strong contributions from its Mexican operations, driven by steady production growth, solid mill throughput, and disciplined mine execution. Whilst in Bolivia, at our San Lucas ore sourcing business, our margin-based model supported profitability through flexible ore sourcing and cost flexibility, despite normal head grade variability.”
Préstamo continued, “Operations at Bolívar, Porco, and Caballo Blanco remained firmly focused on maximizing silver production and metallurgical recoveries, aligned with this year´s mine plan.
Our strategic focus on silver production has proven especially beneficial, considering the favorable silver price environment, and we are reaffirming our commitment to prioritizing silver production across our portfolio of assets. Lower throughput from our Bolivian operations in Q1 reflects the typical seasonal slowdown experienced during the first quarter of the year.”
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