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SCZ: Soracaya Advancing with Mine Planning and Permitting
SUMMARY
- Santacruz has initiated development and full production permitting at its 100%-owned Soracaya Project in Bolivia’s Potosí Department, following the completion of the $40M accelerated option with Glencore that consolidated full ownership of its Bolivian portfolio.
- The high-grade, silver-rich Soracaya Project hosts an Inferred Resource of 4.14MT grading 31.6% ZnEq, 1.23% Zn, 7.23% Pb, and 260 g/t Ag, supported by ~29km of drilling across 90+ holes.
- We are increasing our target price to C$3.10/share based on multiple expansion in the sector.
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- SCZ: Soracaya Advancing with Mine Planning and Permitting07 Oct 2025
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