The expansion at the facility in Zacatecas, Mexico, should be complete by the June quarter of this year.
Santacruz said the project, paired with a newly acquired drilling permit for the mine, will give it more reliable operations and “provide a solid base for growing the company", according to COO Carlos Silva.
The Mexican-focused miner has two producing silver projects, including Veta Grande, and Rosario, which includes the Cinco Estrellas property and Membrillo prospect. It also has two exploration properties, Minillas and Zacatecas.
