Santacruz Reports Progress on Veta Grande Mill Expansion and Additional Drilling Campaign at Armados Vein

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Vancouver, B.C. — Santacruz Silver Mining Ltd. (TSX.V:SCZ) (the “Company” or “Santacruz”) reports that construction works to expand the Veta Grande mill capacity to 750 tpd are 85% advanced. Commissioning of this expansion is expected to start in late March. The mill expansion is being funded by Carrizal Mining, S.A. de C.V. (“Carrizal”) pursuant to the Carrizal LOI (see press release dated December 14th, 2017).

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