5th Silver Mine Going Online | Arturo Préstamo – Santacruz Silver

From The Precious Metals Summit Beaver Creek, Arturo Préstamo, Executive Chairman and CEO of Santacruz Silver Mining Ltd. (NASDAQ: SCZM) (TSX: SCZ), joins us to discuss the company’s growing silver production platform and his outlook for silver to eventually move beyond $100.

Arturo explains how a new 500-tonne-per-day mill will support continued growth at San Lucas, why the company’s treasury has increased to approximately $120 million, and how its mines continued producing throughout Bolivia’s 53-day blockade. We also discuss Santacruz’s plan to bring Soracaya into production and eventually produce between 2.5 million and 3 million silver-equivalent ounces annually from the mine.

Information for this briefing was found via the sources and the companies mentioned. The author has no securities or affiliations related to this organization. Not a recommendation to buy or sell. Always do additional research and consult a professional before purchasing a security. The author holds no licenses.

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