"With this payment Santacruz now owns outright, subject to underlying net smelter royalties on certain of the claims, these important concessions and controls approximately 8900 ha in the historic and prolific Zacatecas silver mining belt," stated Carlos Silva, COO of the company.

Silva continued: "We are confident that as we progress the exploration and development of our Zacatecas mineral portfolio we will realise the strong mineral potential of this historical mining district".