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Santacruz Silver Appoints Chief Operating Officer

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TSX.V: SCZ
FSE: 1SZ

VANCOUVER, Nov. 27, 2017 /PRNewswire/ – Santacruz Silver Mining Ltd. (TSX.V:SCZ) (the “Company” or “Santacruz”) announces the appointment of Mr. Carlos Alberto Silva Ramos to the position of Chief Operating Officer of the Company effective November 27, 2017. Mr. Silva will report directly to the President and CEO of the Company, Mr. Arturo Préstamo.

Mr. Silva is a well-known and highly respected Mexican mining engineer with a degree from the University of Guanajuato, and additionally holds an MBA from ITESM (Instituto Tecnologico de Estudios Superiores Monterrey). He has more than 30 years’ of experience working in the mining industry in Mexico with both senior and junior mining companies, the last 17 years of which were in senior management roles.

Most recently, Mr. Silva has been Co-Founder and Chief Executive Officer of Carrizal Mining S.A. de C.V., a private Mexican silver producer where, during his nine year tenure, he successfully increased the mining and milling operations of the Zimapan Mine, at Zimapan, Hidalgo, Mexico, from 1,400 tpd to 3,200 tpd.  Prior to this, Mr. Silva held the position of Strategic Planning and Engineering Superintendent for the Tayoltita Mine located in San Dimas, Durango, Mexico, originally owned by Luismin S.A. de C.V., a private Mexican mining company, subsequently acquired by Goldcorp Inc. (TSX:G) (NYSE: GG) and then sold to Primero Mining Corp. (TSX:P).   During his time with the Tayoltita Mine, he supervised the planning and initial mill expansion from 1,800 to 2,100 tpd followed by a further expansion to 3,200 tpd with concurrent increases in mine production. 

Mr. Silva is currently the President of the Mexican Federation for Sustainable Mining, and earlier this year was recognized as one of Mexico’s best miners by the Zimapan, Guanajuato and Pachuca District´s by the AIMMGM (Asociación de Ingenieros de Minas, Metalurgistas y Geólogos de México, A.C.).  

Mr. Silva replaces Mr. Dante Rodriguez, who was interim COO for Santacruz. Mr. Rodriguez will remain as the Company’s VP of Exploration.

Mr. Arturo Préstamo stated: “We are extremely pleased to announce the appointment of Mr. Silva as our Chief Operating Officer. Carlos has a long and successful mining career in Mexico and is well respected for his accomplishments working with precious metals producers in Mexico as an engineer and manager. We welcome his operational expertise and look forward to his integration into our team at Santacruz as we work to

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