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To: Goose94 who wrote (9215)	10/2/2014 7:56:05 AM
From: Goose94	Respond to of 202365

Santacruz Silver Mining (SCZ-V) Oct 2nd 2014 is pleased to announce that it has finalized and closed the US$28.4 million Pre-paid Silver Purchase Agreement with JMET, LLC ("the Agreement") previously announced on September 18, 2014. The funds will be used to advance the development of the Company's second project, San Felipe, in Sonora State, Mexico. Pursuant to the terms of the Agreement, the Company has agreed to sell 4,635,000 ounces of silver through August 2019, subject to certain adjustments relating to metal prices. At the time of each delivery the Company will receive an amount per ounce of silver equal to the market price at the time, less a fixed discount. Under the Agreement, the Company always maintains the upside on the silver and all metal prices. With the closing of this funding now completed, the Company intends to advance the development of the San Felipe project with the expectation of being in position to take a construction decision by the end of Q1 2015. The Company recently announced a Preliminary Economic Assessment on the San Felipe Project with robust economics. (See press release dated September 11, 2014) President Arturo Préstamo stated "Given the very difficult market conditions we are currently experiencing, we are very pleased to have entered into the Agreement which will allow us to continue with our plans to create a mid-tier silver producer in Mexico." Mr. Préstamo continued, "This non-dilutive approach gives the Company flexibility and also a comfortable re-payment schedule." The Company wishes to clarify its press release of September 4, 2014, relating to the amendment of its agreement with Minera Hochschild Mexico S.A. de C.V. ("Hochschild") regarding the San Felipe project. Under the amended agreement, Santacruz is not obligated to pay Hochschild any amount from an offering completed by the Company, but is required to pay Hochschild 30% of any capital increase in its Mexican subsidiary Impulsora Minera Santacruz at any time during the life of the agreement. About Santacruz Silver Mining Ltd. Santacruz is a Mexican-focused silver company with a producing mine (Rosario); two advanced-stage projects (San Felipe and Gavilanes) and an early-stage exploration project (El Gachi). 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. 'signed' Arturo Préstamo Elizondo, President, Chief Executive Officer and Director For further information please contact: Neil MacRae Santacruz Silver Mining Ltd. Email: info@santacruzsilver.com Telephone: (604) 569-1609

To: Goose94 who wrote (9215)	11/2/2015 2:10:01 PM
From: Goose94	Read Replies (3) \| Respond to of 202365

Santacruz Silver Mining (SCZ-V) Nov 2nd 2015 is pleased to announce that it has entered into a definitive agreement with Minera Contracuña I, S.A. de C.V. and Vetalinda Compania Minera, S.A. de C.V. (together "Contracuña"), pursuant to which Contracuña has granted Santacruz the right for thirty years to explore, mine and operate Contracuna's Veta Grande and Minillas silver-gold-zinc-lead mineral properties which cover approximately 1,100 hectares within the State of Zacatecas, in central Mexico. Operational Highlights of the Agreement Access to additional mineralization feed for the Rosario Mine milling facility to take advantage of unused capacity and realize immediate increased cash flow to the Company. Synergistic distance of 180 kms between Rosario Mine and Contracuña properties which will allow for future streamlining of operating and management functions. Access to a 500 tpd fully permitted operational mill, which requires minor adjustments including two additional flotation cells and additional pipe systems to produce both lead and zinc concentrates (currently producing a single bulk concentrate). Operations located in one of Mexico's most prolific silver, lead, zinc and copper regions in Mexico, which includes the Fresnillo Silver Mine, the Madero Mine (operated by Peñoles) and the Cozamin Mine operated by Capstone Mining Corporation. The Contracuña historical records indicate that the properties consist of extensive vein systems that average 4 to 4.5 metres in width with average head grades of 170 g/t silver, 1.5% lead, 2% zinc and 0.4 g/t gold including some mineralized stockwork zones associated to the structures. Located near the Capital city of Zacatecas with excellent highways system, power, water, and specialized mining workforce. Preliminary reconnaissance sampling has been carried out by the Company over different areas of the Contracuña properties with silver assay results averaging 180 g/t as well as significant lead, zinc and gold credits. Santacruz has a quality assurance program for field sampling procedures which covers collection, labelling, and the shipping of samples. The assays were carried out at Santacruz's Rosario Mine laboratory with proper QA/QC protocols. The Company has previously processed at its Rosario Mine milling facility over 20,000 tonnes of mill feed from the Contracuña deposits. Agreement Terms An initial term of 15 years, with an additional 15 year term extension at the Company's option at the end of the original term. Santacruz must make cash payments of US$200,000 on execution of the agreement (paid) and an additional payment of US$300,000 upon registration of the agreement with the Deputy of Mines, which is expected to occur in 2016. Santacruz to operate the properties on a 60%/40% net profits interest basis ("NPI") with Santacruz holding 60% and Contracuña holding 40%. In the event the price of silver is greater than USD$22.00/ounce, the NPI changes to 55%/45%. Mr. Arturo Prestamo, President and CEO of Santacruz stated: "First and foremost this agreement allows us to immediately leverage on the extra milling capacity available at our Rosario Mine which will help us realize certain economies of scale. In this regard we note that mineralization previously processed from the Contracuña properties reacted favourably on a metallurgical basis." Mr. Prestamo continued, "In addition, the agreement will allow us to operate the Contracuña mill at 500 tpd capacity after a nominal capital expenditure upgrade. Further, the Company will be in position to evaluate the possibility of upgrading the Contracuña mill throughput capacity and if the economics are favourable we can explore the opportunity to increase the mining operations." The Veta Grande Silver-Gold Mining District (VGMD) contains silver, gold and base metals including lead and zinc. The Contracuña mine is an active silver producer. The property includes 34 mining concessions covering a total of 1,108.65 hectares (2,739.6 acres). The concessions cover areas in groups of claims within the VGMD, including seven mining claims covering parts of the Veta Grande vein area. (see attached map below) Other Corporate Matters The Company advises that it is continuing to negotiate the amendment of the terms of the Pre-paid Silver Forward Purchase Agreement with JMET, LLC, pursuant to which silver deliveries are now scheduled to begin in the month of January 2016. In addition in order to streamline corporate functions the Company wishes to announce that our CFO Mr. Rob McMorran has now assumed the additional role of Corporate Secretary. Previously this role was held by Mr. James Harris. Qualified Person All technical information which is included in this statement has been reviewed and approved by Leonel López, PG of Cardno Inc. Mr. López is independent of the Company and a qualified person, pursuant to the meaning of such terms in National Instrument 43-101 Standards of Disclosure for Mineral Projects. About Santacruz Silver Mining Ltd. Santacruz is a Mexican focused silver company with a producing mine (Rosario); two advanced-stage projects (San Felipe and Gavilanes) and an early-stage exploration project (El Gachi). 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. 'signed' Arturo Préstamo Elizondo, President, Chief Executive Officer and Director For further information please contact: Neil MacRae Santacruz Silver Mining Ltd. Email: info@santacruzsilver.com Telephone: (604) 569-1609 Associated File: http://www.santacruzsilver.com/i/pdf/nr/2015-11-02_NR.pdf 282 KB in size, approx. 54 seconds to download at 56.6Kbps