Aug-12-19-Zimapan-Mine-Lease-Extension-V6-(Aug-09-19)-Final

Vancouver, B.C. — Santacruz Silver Mining Ltd. (TSX.V:SCZ) (the “Company” or “Santacruz”) reports that its 50% owned subsidiary company, Carrizal Mining, S.A. de C.V. (“Carrizal”) has entered into an agreement with Minera Cedros, S.A. de C.V. (“Minera Cedros”), a wholly-own subsidiary of Grupo Peñoles, S.A.B. de C.V., to extend the expiry date of the current Zimapan Mine lease agreement (see press release dated July 2, 2019) from July 31, 2019 to December 31, 2019.