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Santacruz Silver Mining Ltd. reports Q4 2025 production of 3,739,019 silver equivalent ounces from its Bolivian mines and the Zimapán mine in Mexico, up 9% from Q3 2025. Silver output was 1,343,607 ounces, with 23,846 tonnes of zinc, 3,000 tonnes of lead and 287 tonnes of copper.
Quarter-over-quarter gains were driven by recovery at the Bolívar mine, where silver equivalent production rose 34% as access improved following the May 2025 flooding event. Other operations, including Caballo Blanco, San Lucas and Zimapán, delivered modest production increases while maintaining stable or improving grades and recoveries.
The company notes that 2025 full-year silver equivalent production of 14,399,019 ounces was 11% below 2024, mainly due to the earlier disruption at Bolívar. Separately, Santacruz ranked first on the 2026 TSX Venture 50 list after strong 2025 share price and market capitalization growth, and granted 45,000 stock options to Adelaide Capital for investor relations services.