Santacruz Silver Mining Ltd. announced operating results from the Rosario Mine in San Luis Potosi, Mexico for the second quarter ended June 2015. The company produced 265,834 silver equivalent ounces during the second quarter, the first full quarter of production after the temporary shutdown in first quarter of 2015 due to a tailings pipe malfunction. During second quarter the mill produced at an average daily rate of approximately 325 tonnes per day (‘tpd') with throughput increasing on a month over month basis since operations resumed. In addition, due to the increased use of cut and fill mining methods and decreased use of long hole mining methods, mining dilution has reduced  and the average head grade has substantially increased to 392.93 g/t silver equivalent from the average of 302.62 g/t silver equivalent in 2014 production results – a 30% improvement. During the quarter, ore processed grew 10.5% to 26,493 tonnes; silver ounce production of 150,738; Gold ounce production of 113; Lead production of 233 tonnes; and Zinc production of 615 tonnes.

The plans for the Rosario Mine for the remainder of the year include increasing to 450 tpd while maintaining the higher head grade. This will result in more ounces being produced than previously guided with a corresponding decrease in the cost of production during the remainder of 2015.