Vancouver, BC – Santacruz Silver Mining Ltd. (TSX.V:SCZ) (the “company” or “Santa Cruz“) is pleased to announce the appointment of Mr. Wayne Corso as Chief Operating Officer. Mr. Corso has a B.Sc. in Mining Engineering from the Colorado School of Mines in Golden Colorado and has over 35 years of industry experience and will be responsible for overseeing all operational functions of the Company’s mines and exploration projects. Current portfolio includes operations and projects in Mexico and Bolivia.
Prior to joining Santacruz, Mr. Corso managed various technical teams for JDS Energy and Mining Inc. to evaluate, optimize and develop mineral resource projects. He has strong technical, operational and managerial skills and is able to lead in technical and operational environments. Mr. Corso has also been involved in the evaluation, development and operation of various mineral resource properties during his career in engineering and management roles with companies such as BHP Billiton, RMC Pacific and Homestake Mining Company.
Santacruz CEO Carlos Silva stated, “We are delighted to welcome Wayne to the Santacruz team. Known for his contribution to the mining industry on various projects, Wayne brings extensive expertise and mining experience that will assist Santacruz as we pursue our vision of being a premier senior silver producer.”
Wayne Corso, COO of Santacruz, stated, “I am delighted to become part of the talented team that Santacruz has assembled and look forward to being able to play a part in deriving maximum value from Santacruz’s considerable resources, both mineral as well as personally.”
Option Grant
The Company also announces that pursuant to the Company’s stock option plan, it has granted an officer of the Company 1,000,000 stock options (“Options”) to purchase common shares. The options are exercisable through August 16, 2024 at an exercise price of $0.45 per option, with 25% vesting immediately and 25% vesting every 6 months thereafter.
About Santacruz Silver Mining Ltd.
The Company is engaged in the operation, acquisition, exploration and development of mineral properties in Latin America with a primary focus on silver and zinc, but also lead and copper. The Company currently has four producing projects including the Zimapan mine in Mexico and recently the Caballo Blanco mine, the Bolivar mine (45% interest) and the Porco mine (45%). The Company also has a 100% interest in San Lucas’ ore sourcing and trading business. The Company owns three exploration properties in its mineral property portfolio, namely the La Pechuga property, Mexico, the Santa Gorgonia prospect, Mexico and the Soracaya prospect, Bolivia.
‘signed’
Arturo Prestamo Elizondo,
CEO
For more information please contact:
Mars Investor Relations
Telephone: (778) 999 4653
[email protected]
Arturo Prestamo
Santacruz Silver Mining Ltd.
Email: [email protected]
Telephone: (528) 183 785707
Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
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