Vancouver, B.C. -- Santacruz Silver Mining Ltd. (TSX.V:SCZ) (the "Company" or "Santacruz") reports on the operating results from the Veta Grande Project in Zacatecas, Mexico and the Rosario Project in San Luis Potosi, Mexico for the second quarter of 2019.

Highlights:
•Consolidated silver equivalent production increases by 114% as compared to Q2 2018 and 45% as compared to Q1 2019
•Veta Grande silver equivalent production increases by 185% as compared to Q2 2018 and 18% as compared to Q1 2019
•Rosario silver equivalent production increases by 48% as compared to Q2 2018 and 145% as compared to Q1 2019

Mr. Carlos Silva, Chief Operating Officer, stated “The second quarter production results again reflect operational improvements at both mines.” He continued, “We expect a further production increase at Veta Grande in the third quarter as second quarter production was impacted by an unforeseen mechanical problem with the largest ball mill that required a major repair over the last half of the quarter. This work was completed in early July.”

During Q2 2019 the Company’s consolidated silver equivalent production was 373,318 ounces, a 114% increase over Q2 2018 production (174,175 ounces) and a 45% increase over Q1 2019 production (257,138 ounces).

At Veta Grande an unexpected mechanical issue with the largest ball mill resulted in an estimated 25% decrease to production for the second quarter. The ball mill was back online in early July. As a result of this matter the refurbishment and recommissioning of a fourth and smaller ball mill was delayed until Q4.

At Rosario production in the second quarter was in line with the operations plan and is expected to continue to increase throughout the rest of 2019.

2019 Second Quarter Consolidated Production Results
2019 Second Quarter Consolidated Production Results
Summary of Production Results
2019 Q2 2019 Q1 2018 Q2

Material Processed (tonnes milled) 47,435 42,904 52,025
Silver eqv. ounce production(1) 373,318 257,138 174,175
Silver production (ounces) 119,131 93,573 56,122
Gold production (ounces) 254 158 143
Lead production (tonnes) 456 245 142
Zinc production (tonnes) 985 674 507
Average Head Grade (g/t Ag Eqv.)(1) 270 252 176
Development (metres) 1,687 1,547 1,581

2019 Second Quarter Veta Grande Project Production Results

Summary of Production Results
2019 Q2 2019 Q1 2018 Q2

Material Processed (tonnes milled) 37,156 32,625 36,622
Silver eqv. ounce production(1) 240,208 202,787 84,271
Silver production (ounces) 73,004 79,582 36,741
Silver head grade (g/t) 101 119 70
Gold head grade (g/t) 0.21 0.19 .17
Lead had grade (%/t) 1.11 0.77 1.14
Zinc head grade (%/t) 2.12 1.89 .41
Silver recovery (%) 60 64 45
Gold production (ounces) 138 97 59
Lead production (tonnes) 369 218 111
Zinc production (tonnes) 608 492 164
Average Head Grade (g/t Ag Eqv.)(1) 280 269 161
Development (metres) 830 1,025 1,070

2019 Second Quarter Rosario Project Production Results

Summary of Production Results

2019 Q2 2019 Q1 2018 Q2

Material Processed (tonnes milled) 20,789 10,279 15,403
Silver eqv. ounce production(1) 133,111 54.351 89,904
Silver production (ounces) 46,126 13,991 19,381
Silver head grade (g/t) 74 47 44
Gold head grade (g/t) 0.28 0.29 0.26
Lead head grade (%/t) 0.44 0.29 0.23
Zinc head grade (%/t) 2.13 2.09 2.54
Silver recovery (%) 93 90 89
Gold production (ounces) 116 61 84
Lead production (tonnes) 87 27 31
Zinc production (tonnes) 377 182 344
Average Head Grade (g/t Ag Eqv.)(1) 231 196 212
Development (metres) 857 522 511

(1 AgEqvOz = (Au*Pau)+(Ag*Pag)+(Pb*Ppb*2205)+(Zn*Pzn*2205)
(Pag)

Metal Prices 2019: Ag $15.25, Au $1,281, Pb $0.94, Zn $1.20
Metal Prices 2018: Ag $17.00, Au $1,295, Pb $1.00, Zn $1.35