Jan 2 2013
Santacruz Silver Mining Ltd. (the "Company") announces that it has filed on SEDAR an updated technical report in respect of its San Felipe Project, titled "Update of NI 43-101 Technical Report on Resources, San Felipe Project, Sonora, Mexico". The updated report provides additional information on data verification and sampling. It is updated as of December 19, 2012, and has an effective date of April 5, 2012. The resources remain unchanged from the original report which was announced on July 16, 2012.
The Company also announces that it has filed on SEDAR a technical report in respect of its Rosario Project, titled "NI 43-101 Technical Report on Resources, Rosario Project, San Luis Potosi, Mexico". The Company announced a new resource estimate on its Rosario Project in a news release dated December 21, 2012, which new resource estimate precipitated this report. The report is dated December 19, 2012 with an effective date of December 1, 2012.
About Santacruz Silver Mining Ltd.
Santacruz is a Mexican focused silver company with a project in development (Rosario) and two advanced-stage exploration projects (San Felipe and Gavilanes). The Rosario Project is expected to reach production by the end of the first quarter of 2013. The Company is managed by a technical team of professionals with proven track records in developing, operating and discovering silver mines in Mexico. Our corporate objective is to become a mid-tier silver producer.
Arturo Prestamo Elizondo, President, Chief Executive Officer and Director