Santacruz Silver Intersects Membrillo Vein and Discovers Two Additional Veins Cross Cutting the Membrillo Structure

http://www.santacruzsilver.com/i/pdf/nr/NR-Jun-28-2017.pdf

Vancouver, B.C. – Santacruz Silver Mining Ltd. (TSX.V:SCZ) (the “Company” or “Santacruz”) reports that the Company has now intersected a targeted high-grade zone of the Membrillo vein at the Membrillo Prospect (see news release dated June 19, 2017). Eight preliminary rock samples of muck material removed from the first 10.60 metres of the production drift along the Membrillo vein on Level 1.5 returned assay results that range from 0.10 – 0.59 grams per tonne gold, 8.0 – 121.0 grams per tonne silver, 0.12 – 0.40 percent lead, and 0.62 – 7.07 percent zinc. The true thickness of the Membrillo vein in the production drift is approximately 0.40 -0.90 meters. Systematic chip sampling is currently in progress and assay results are pending. The extent of
mineralization of this high-grade zone is currently unknown.
Additionally, the Company announces that as a result of surface prospecting and development drifting underground it has discovered two previously unknown and unexplored veins, the Santa Ana and the San Jose veins, which are located approximately 100 and 75 metres south east respectively of and running parallel
to the San Rafael vein (see press release dated June 19, 2017). These structures were formed in shales and sandstones of the Triassic Zacatecas Formation and characterized by breccia textures infilled with quartz, sphalerite and galena. Underground and surface geochemical sampling and geological mapping are currently
being conducted and results are pending. At this time the Company has not completed sufficient work to determine if these veins are economically viable.

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