Day: September 11, 2014

Santacruz Silver Reports PEA Results and New Resource on San Felipe Project, Mexico

Santacruz Silver Mining Ltd. is pleased to announce the results of a Preliminary Economic Assessment and new resource estimate prepared pursuant to National Instrument 43-101 on its San Felipe Project located 130 km northeast of Hermosillo in Sonora State, Mexico. Highlights of the PEA, using a US$19.91 per ounce silver base case, include:

Major Drilling Group International Inc. is one of the world’s largest drilling services companies primarily serving the mining industry. Established in 1980, Major Drilling has over 1,000 years of combined experience and expertise within its management team alone.

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Maza Drilling is a Mexican company established in 2007 in Mazatlán, Sinaloa. Our Canadian founder, Mr. Guy de Launiere, has over 20 years of international experience managing diverse drilling operations. Maza Drilling strives to compete at the highest levels in terms of recovery, effectiveness, efficiency, and affordability at every project while keeping at the forefront of technology to meet our customer’s needs in this demanding market.