Jul-02-19-Purch-of-Martinez-50-Int-in-Carrizal-V4

Vancouver, B.C. — Santacruz Silver Mining Ltd. (TSX.V:SCZ) (the “Company” or “Santacruz”) announces that, further to its press release of May 22, 2019, Santacruz, through its wholly-owned subsidiary Carrizal Holdings Ltd., has acquired a 50% shareholding in PCG Mining, S.A. de C.V. (“PCG”) which is a holding company that owns 100% of Carrizal Mining, S.A. de C.V. (“Carrizal”), a private Mexican mining company. The shares were purchased from one of PCG’s shareholders who is at arm’s-length to Santacruz (the “Vendor”).