Santacruz Silver Mining Ltd.

0.3

Canada & Newfoundland and Labrador San Pedro Garza Garcia

Avenue Jose Vasconcelos 150 Ote., Plaza O2 Vasconcelos Departamento No. 124

www.santacruzsilver.com

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Company Press Releases

Santacruz Silver Reaches Agreement to Extend Zimapan Mine Lease and Updates Status of Zimapan Mine Acquisition

Vancouver, British Columbia--(Newsfile Corp. - December 15, 2020) - Santacruz Silver Mining Ltd. (TSXV: SCZ) (the "Company" or "Santacruz") reports that its wholly-owned subsidiary, Carrizal Mining S.A. de C.V. ("Carrizal"), has reached agreement with Minera Cedros, S.A. de C.V. ("Minera Cedros"), a wholly owned subsidiary of Industrias Peñoles, S.A.B. de C.V., to extend the current mine lease on the Zimapan Mine from December 31, 2020 to June 30, 2021.In a related matter, the Company advises that it and Minera Cedros are at an advanced stage of negotiations with respect to executing the...

Santacruz Silver Reports Third Quarter 2020 Financial Results

Vancouver, British Columbia--(Newsfile Corp. - November 30, 2020) - Santacruz Silver Mining Ltd. (TSXV: SCZ) (FSE: 1SZ) (the "Company" or "Santacruz") reports on operating and financial results of the Zimapan Mine in Zimapan Hidalgo Mexico and the Rosario Project in San Luis Potosi, Mexico for the third quarter of 2020. The full version of the financial statements and accompanying management's discussion and analysis can be viewed on the Company's website at www.santacruzsilver.com or on SEDAR at www.sedar.com. All amounts are in thousands of US dollars unless otherwise indicated.Q3 2020 High...

Santacruz Silver Achieves Record Production of 394,160 Silver Equivalent Ounces in October

Vancouver, British Columbia--(Newsfile Corp. - November 18, 2020) - Santacruz Silver Mining Ltd. (TSXV: SCZ) (the "Company" or "Santacruz") is pleased to announce that total consolidated production for the month of October of 2020 reached 394,160 silver equivalent ounces ("AgEq") at the Zimapan Mine and Rosario Mine in Mexico.Mr. Carlos Silva, CEO, stated: "After recently closing our private placement and securing new underground equipment, our mines immediately saw efficiency and production improvements which are reflected in the monthly production statistics. We expect continued improvement...

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