Santacruz Silver Reports First Quarter Financial Results
Santacruz Silver Reports First Quarter Financial Results
Vancouver, British Columbia--(Newsfile Corp. - June 8, 2023) - Santacruz Silver Mining Ltd. (TSXV: SCZ) ("Santacruz" or "the Company") reports its financial and operating results for the first quarter ("Q1") of 2023. The full version of the financial statements and accompanying Management's Discussion and Analysis (the "MD&A") can be viewed on the Company's website at or on SEDAR at . All financial information is prepared in accordance with International Financial Reporting Standards ("IFRS") and all dollar amounts are expressed in thousands of US dollars, except per unit amounts, unless otherwise indicated.
溫哥華,不列顛哥倫比亞省-(Newsfile Corp.-2023年6月8日)-聖塔克魯斯銀礦有限公司(多倫多證券交易所股票代碼:SCZ)(“Santacruz”或“本公司”)報告其2023年第一季度(“Q1”)的財務和經營業績。財務報表及隨附的管理層討論和分析(“MD&A”)的完整版本可在公司網站或SEDAR上查看,網址為:。除另有說明外,所有財務資訊均根據國際財務報告準則(“IFRS”)編制,除單位金額外,所有美元金額均以千美元表示。
Q1 2023 Highlights
2023年第一季度亮點
- Processed 482,497 tonnes of material, in line with the previous quarter;
- Silver equivalent ounces produced of 5,644,383, a 2% decrease from the previous quarter;
- Cash cost per silver ounce sold of $17.30, a 9% decrease from the previous quarter;
- AISC per silver ounce sold of $20.76, a 4% decrease from the previous quarter;
- Revenue of $65,378,000, a 2% increase from the previous quarter; and
- Adjusted EBITDA of $12,602,000 a 335% increase from the previous quarter.
- 處理了482,497噸材料,與上一季度持平;
- 銀當量盎司產量為5,644,383盎司,比上一季度下降2%;
- 每售出銀盎司的現金成本為17.30美元,比上一季度下降了9%;
- 鞍鋼每盎司白銀售價為20.76美元,較上一季度下降4%;
- 收入為65,378,000美元,比上一季度增長2%;以及
- 調整後的EBITDA為12,602,000美元,比上一季度增長335%。
Arturo Préstamo, Executive Chairman of Santacruz, commented, "The first quarter has provided us with a strong start to the year. We maintained production levels while considerably improving our cash position, which provides us with a solid base from which we will keep moving forward."
Santacruz執行主席Arturo PréStamo評論說:“第一季度為我們提供了一個強勁的開局。我們保持了生產水準,同時大大改善了我們的現金狀況,這為我們提供了一個堅實的基礎,我們將繼續前進。”
Mr. Préstamo continued, "We also have several projects we are advancing this year, all of which are expected to provide significant value to the Company. The team is preparing updated NI 43-101 technical reports for all the operating mines, and this is anticipated to be completed in Q3 2023. In addition, we are working towards completing the 'integration drift' to connect the Colquechaquita and Tres Amigos mines at Caballo Blanco, which is expected to be completed in Q1 2024, and increasing the dewatering capacity at Bolivar. Both these initiatives are expected to significantly improve operations at each mine."
PréStamo先生繼續說:“我們今年還有幾個專案正在推進,所有這些專案都有望為公司帶來重大價值。該團隊正在為所有正在運營的礦山準備最新的NI 43-101技術報告,預計將於2023年第三季度完成。此外,我們正在努力完成連接Caballo Blanco的Colquechaquita和Tres Amigos礦山的‘整合漂移’,預計將於2024年第一季度完成,並提高玻利瓦爾的降水能力。這兩項舉措預計都將顯著改善每個礦山的運營。”
Selected consolidated financial and operating information for the quarter ended March 31, 2023 are presented below. The Bolivian Assets have been consolidated from March 18, 2022.
以下是截至2023年3月31日的季度的精選綜合財務和運營資訊。玻利維亞的資產從2022年3月18日開始整合。
2023 First Quarter Highlights
2023年第一季度亮點
2023-Q1 | 2022-Q4 |
Change Q1 vs Q4 (%) |
2022-Q1 |
Change Q1 vs Q1 (%) |
||||||||||
Operational |
||||||||||||||
Material Processed (tonnes milled) | 482,497 | 482,626 | 0% | 227,571 | 112% | |||||||||
Silver Equivalent Produced (ounces) (1) | 5,644,383 | 5,744,128 | (2% | ) | 1,613,720 | 250% | ||||||||
Silver Ounces Produced | 1,769,520 | 1,793,936 | (1% | ) | 469,829 | 277% | ||||||||
Lead Tonnes Produced | 3,043 | 2,900 | 5% | 1,343 | 127% | |||||||||
Zinc Tonnes Produced | 22,463 | 23,111 | (3%) | 6,158 | 265% | |||||||||
Copper Tonnes Produced | 415 | 386 | 7% | 208 | 99% | |||||||||
Silver Equivalent Sold (payable ounces) (2) | 4,380,895 | 4,758,173 | (8% | ) | 1,864,738 | 135% | ||||||||
Cash Cost of Production per Tonne (3) | 85.84 | 120.57 | (29% | ) | 74.74 | 15% | ||||||||
Cash Cost per Silver Equivalent Ounce Sold ($/oz) (3) | 17.30 | 19.10 | (9% | ) | 17.53 | (1%) | ||||||||
All-in Sustaining Cash Cost per Silver Equivalent Ounce Sold ($/oz) (3) | 20.76 | 21.64 | (4% | ) | 20.07 | 3% | ||||||||
Average Realized Price per Ounce of Silver Equivalent Sold ($/oz) (3) (4) | 21.04 | 20.77 | 1% | 23.65 | (11%) | |||||||||
Financial |
||||||||||||||
Revenues | 65,378 | 64,309 | 2% | 32,381 | 102% | |||||||||
Gross Profit | 14,680 | 6,239 | 135% | 8,016 | 83% | |||||||||
Net (loss) Income | (949 | ) | (8,069 | ) | (88% | ) | 762 | (225%) | ||||||
Net Earnings (Loss) Per Share - Basic ($/share) | (0.00 | ) | (0.02 | ) | (88% | ) | 0.00 | (219%) | ||||||
Adjusted EBITDA (3) | 12,602 | (5,373 | ) | 335% | 6,103 | 106% | ||||||||
Cash and Cash Equivalent | 11,988 | 4,609 | 160% | 8,723 | 48% | |||||||||
Working Capital (Deficiency) | (14,319 | ) | 5,362 | (367% | ) | 8,851 | (261%) | |||||||
Shareholder |
||||||||||||||
Loss per share - Basic and diluted | (0.00 | ) | (0.02 | ) | (86% | ) | 0.00 | (219%) |
2023年-第一季度 | 2022-第四季度 |
變化 第一季度與第四季度(%) |
2022年-第一季度 |
變化 第一季度與第一季度(%) |
||||||||||
可操作的 |
||||||||||||||
已加工材料(噸) | 482,497 | 482,626 | 0% | 227,571 | 112% | |||||||||
生產的銀當量(盎司)(1) | 5644383 | 5744,128 | (2% | ) | 1613,720 | 250% | ||||||||
生產的銀盎司 | 1769,520 | 1793,936 | (1% | ) | 469,829 | 277% | ||||||||
生產的鉛噸數 | 3,043 | 2900 | 5% | 1,343 | 127% | |||||||||
生產的鋅噸 | 22,463 | 23,111 | (3%) | 6,158 | 265% | |||||||||
生產的銅噸 | 415 | 三百八十六 | 7% | 208 | 百分之九十九 | |||||||||
售出的銀當量(應付盎司)(2) | 4,380,895 | 4,758,173 | (8% | ) | 1864,738 | 135% | ||||||||
每噸現金生產成本(3) | 85.84 | 120.57 | (29% | ) | 74.74 | 15% | ||||||||
每售出銀當量盎司的現金成本(美元/盎司)(3) | 17.30 | 19.10 | (9% | ) | 17.53 | (1%) | ||||||||
每售出銀當量盎司的全部持續現金成本(美元/盎司)(3) | 20.76 | 21.64 | (4%) | ) | 20.07 | 百分之三 | ||||||||
每盎司銀當量售出的平均實現價格(美元/盎司)(3)(4.) | 21.04 | 20.77 | 1% | 23.65 | (11%) | |||||||||
金融 |
||||||||||||||
收入 | 65,378 | 64,309 | 2% | 32,381 | 102% | |||||||||
毛利 | 14,680 | 6239 | 135% | 8,016 | 83% | |||||||||
淨(虧損)收益 | (949 | ) | (8,069 | ) | (88% | ) | 七百六十二 | (225%) | ||||||
每股淨收益(虧損)-基本(美元/股) | (0.00 | ) | (0.02 | ) | (88% | ) | 0.00 | (219%) | ||||||
調整後的EBITDA(3.) | 12,602 | (5373 | ) | 335% | 6,103 | 106% | ||||||||
現金和現金等價物 | 11,988 | 4,609 | 160% | 8723 | 48% | |||||||||
營運資金(不足) | (14,319 | ) | 5362 | (367%) | ) | 8851 | (261%) | |||||||
股東 |
||||||||||||||
每股虧損--基本虧損和攤薄虧損 | (0.00 | ) | (0.02 | ) | (86% | ) | 0.00 | (219%) |
First Quarter 2023 Production Summary - By Mine
2023年第一季度按礦山劃分的產量摘要
Bolivar (5) | Porco (5) | Caballo Blanco Group | San Lucas | Zimapan | Consolidated | ||||||||||||
Material Processed (tonnes milled) | 74,353 | 49,909 | 85,817 | 71,448 | 200,970 | 482,497 | |||||||||||
Silver Equivalent Produced (ounces) (1) | 1,249,153 | 679,144 | 1,436,322 | 1,195,164 | 1,084,600 | 5,644,383 | |||||||||||
Silver Ounces Produced | 555,914 | 162,015 | 475,026 | 255,623 | 320,942 | 1,769,520 | |||||||||||
Lead Tonnes Produced | 353 | 217 | 1,043 | 473 | 957 | 3,043 | |||||||||||
Zinc Tonnes Produced | 4,313 | 3,245 | 5,650 | 5,848 | 3,407 | 22,463 | |||||||||||
Copper Tonnes Produced | N/A | N/A | N/A | N/A | 415 | 415 | |||||||||||
Average head grades per mine: | |||||||||||||||||
Silver (g/t) | 250 | 122 | 187 | 125 | 70 | 132 | |||||||||||
Zinc (%) | 6.40 | 6.89 | 7.01 | 8.90 | 2.20 | 5.23 | |||||||||||
Lead (%) | 0.65 | 0.58 | 1.50 | 0.94 | 0.63 | 0.72 | |||||||||||
Copper (%) | N/A | N/A | N/A | N/A | 0.38 | 0.38 | |||||||||||
Silver Equivalent Sold (payable ounces) (2) | 771,783 | 407,875 | 702,667 | 1,557,683 | 940,887 | 4,380,895 |
玻利瓦爾(5) | 波爾科(5) | Caballo Blanco集團 | 聖盧卡斯 | 澤馬潘 | 已整合 | ||||||||||||
已加工材料(噸) | 74,353 | 49,909 | 85,817 | 71,448 | 200,970 | 482,497 | |||||||||||
生產的銀當量(盎司)(1) | 1249,153 | 679,144 | 1436322 | 1195,164 | 1,084,600 | 5644383 | |||||||||||
生產的銀盎司 | 555,914 | 162,015 | 475,026 | 255,623 | 320,942 | 1769,520 | |||||||||||
生產的鉛噸數 | 三五三 | 217 | 1043 | 四百七十三 | 957 | 3,043 | |||||||||||
生產的鋅噸 | 4313 | 3245 | 5650 | 5848 | 3,407 | 22,463 | |||||||||||
生產的銅噸 | 不適用 | 不適用 | 不適用 | 不適用 | 415 | 415 | |||||||||||
每個礦場的平均頭級: | |||||||||||||||||
銀(克/噸) | 250個 | 一百二十二 | 187 | 125 | 70 | 132 | |||||||||||
鋅(%) | 6.40 | 6.89 | 7.01 | 8.90 | 2.20 | 5.23 | |||||||||||
銷售線索(%) | 0.65 | 0.58 | 1.50 | 0.94 | 0.63 | 0.72 | |||||||||||
銅(%) | 不適用 | 不適用 | 不適用 | 不適用 | 0.38 | 0.38 | |||||||||||
售出的銀當量(應付盎司)(2) | 771,783 | 407,875 | 702,667 | 1557,683 | 940,887 | 4,380,895 |
Notes for both tables above:
以上兩個表的備註:
(1) Silver Equivalent Produced (ounces) have been calculated using prices of $21.86/oz, $0.91/lb, $1.52/lb and $3.67/lb for silver, lead, zinc and copper respectively applied to the metal production divided by the silver price.
(2) Silver Equivalent Sold (payable ounces) have been calculated using the Average Realized Price per Ounce of Silver Equivalent Sold stated in the table above, applied to the payable metal content of the concentrates sold from Zimapan, Bolivar, Porco, the Caballo Blanco Group, and San Lucas.
(3) The Company reports non-GAAP measures, which include Cash Cost of Production per Tonne, Cash Cost per Silver Equivalent Ounce Sold, All-in Sustaining Cash Cost per Silver Equivalent Ounce Sold, Average Realized Price per Ounce of Silver Equivalent Sold, Adjusted EBITDA. These measures are widely used in the mining industry as a benchmark for performance, but do not have a standardized meaning and may differ from methods used by other companies with similar descriptions. See the ''Non-GAAP Measures'' section in the MD&A for definitions.
(4)Average Realized Price per Ounce of Silver Equivalent Sold is prior to all treatment, smelting and refining charges.
(5)Bolivar and Porco are presented at 100% whereas the Company records 45% of revenues and expenses in its consolidated financial statements.
(1)銀當量(盎司)的計算方法是將金屬生產中使用的銀、鉛、鋅和銅的價格分別為21.86美元/盎司、0.91美元/磅、1.52美元/磅和3.67美元/磅除以白銀價格。
(2)已售出銀當量(應付盎司)已按上表所述每盎司售出銀當量的平均實現價格(適用於Zimapan、玻利瓦爾、Porco、Caballo Blanco Group及San Lucas出售的精礦的應付金屬含量)計算。
(3)該公司報告非GAAP衡量標準,其中包括每噸生產的現金成本、每銷售銀當量盎司的現金成本、每銷售銀當量盎司的全部維持現金成本、每盎司銀當量銷售的平均實現價格、調整後的EBITDA。這些措施在採礦業被廣泛用作業績基準,但沒有標準化的含義,可能與其他具有類似描述的公司使用的方法不同。有關定義,請參閱MD&A中的“非GAAP衡量標準”部分。
(4)已售出的每盎司銀當量的平均實現價格是在所有處理、冶煉和精煉費用之前。
(5.)玻利瓦爾和波爾科以100%的比例列報,而公司在合併財務報表中記錄了45%的收入和費用。
Cease Trade Order Update
Further to the Company's news release dated May 8, 2023, the Company has notified the British Columbia Securities Commission that it has filed its audited annual financial statements and corresponding management's discussion and analysis for the year ended December 31, 2022, and its unaudited financial statements and corresponding management's discussion and analysis for the three months ended March 31, 2023, including the respective CEO and CFO certificates. The Company expects the cease trade order ("CTO") to be lifted after market close on Friday, June 9, 2023, followed shortly by the resumption of trading of the Company's shares on the TSX Venture Exchange (the "TSXV") early next week.
停止交易訂單更新
繼本公司日期為2023年5月8日的新聞稿後,本公司已通知不列顛哥倫比亞省證券委員會,已提交截至2022年12月31日的年度經審計年度財務報表和相應的管理層討論和分析,以及截至2023年3月31日的三個月的未經審計財務報表和相應的管理層討論和分析,包括各自的首席執行官和首席財務官證書。本公司預期停止交易令將於2023年6月9日(星期五)收市後解除,本公司股份將於下週初在多倫多證券交易所創業板(“多倫多證券交易所”)恢復買賣。
About Santacruz Silver Mining Ltd.
Santacruz Silver is engaged in the operation, acquisition, exploration, and development of mineral properties in Latin America. The Bolivian operations are comprised of the Bolivar, Porco and the Caballo Blanco Group, which consists of the Tres Amigos, Reserva and Colquechaquita mines. The Soracaya exploration project and San Lucas ore sourcing and trading business are also in Bolivia. The Zimapan mine is in Mexico.
關於桑塔克魯斯銀礦有限公司
Santacruz Silver從事拉丁美洲礦產資源的運營、收購、勘探和開發。玻利維亞的業務由玻利瓦爾礦、波爾科礦和Caballo Blanco集團組成,後者由Tres Amigos礦、Reserve va礦和Colquechaquita礦組成。索拉卡亞勘探專案和聖盧卡斯礦石採購和貿易業務也在玻利維亞。齊馬潘礦位於墨西哥。
'signed'
“已簽署”
Arturo Préstamo Elizondo,
Executive Chairman
Arturo PréStamo Elizabeth ondo,
執行主席
For further information please contact:
欲瞭解更多資訊,請聯繫:
Arturo Préstamo
Santacruz Silver Mining Ltd.
Email: info@santacruzsilver.com
Telephone: +1 (528) 183 785707
Arturo PréStamo
聖塔克魯斯銀礦有限公司。
電子郵件:info@santacruzsilver.com
電話:+1 183 785707
Sabina Srubiski
Manager, Investor Relations
Santacruz Silver Mining Ltd.
Email: info@santacruzsilver.com
Telephone: +1 (604) 351 7909
薩比娜·斯魯比斯基
投資者關系部經理
聖塔克魯斯銀礦有限公司。
電子郵件:info@santacruzsilver.com
電話:+1(604)3517909
Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
多倫多證券交易所創業板交易所及其監管服務提供商(該術語在多倫多證券交易所的政策中定義)均不對本新聞稿的充分性或準確性承擔責任。
Forward-looking information
This news release includes certain statements and information that may constitute forward-looking information within the meaning of applicable Canadian securities laws. Forward-looking statements relate to future events or future performance and reflect the expectations or beliefs of management of the Company regarding future events. Generally, forward-looking statements and information can be identified by the use of forward-looking terminology such as "intends", "expects" or "anticipates", or variations of such words and phrases or statements that certain actions, events or results "may", "could", "should", "would" or will "potentially" or "likely" occur. This information and these statements, referred to herein as "forward‐looking statements", are not historical facts, are made as of the date of this news release and include without limitation, statements regarding: the impact of the Company's initiatives in Caballo Blanco and Bolivar, the lifting of the CTO and the timing of Santacruz's shares resuming trading on the TSXV.
前瞻性資訊
本新聞稿包括某些陳述和資訊,這些陳述和資訊可能構成適用於加拿大證券法的前瞻性資訊。前瞻性陳述與未來事件或未來業績有關,反映了公司管理層對未來事件的期望或信念。一般而言,前瞻性陳述和資訊可通過使用諸如“打算”、“預期”或“預期”等前瞻性術語,或此類詞語和短語的變體或某些行動、事件或結果“可能”、“可能”、“應該”、“將”或“可能”發生的陳述來確定。這些資訊和這些陳述,在本文中被稱為“前瞻性陳述”,不是歷史事實,是在本新聞稿發佈之日作出的,包括但不限於以下陳述:公司在Caballo Blanco和玻利瓦爾的舉措的影響、CTO的解除以及Santacruz的股票在多倫多證券交易所恢復交易的時間。
These forward‐looking statements involve numerous risks and uncertainties and actual results might differ materially from results suggested in any forward-looking statements. These risks and uncertainties include, among other things, risks that: the Company's initiatives in Caballo Blanco and Bolivar will not have the anticipated results, the Company will not obtain regulatory approval in order to lift the CTO or that Santacruz's shares will not resume trading on the TSXV soon, if at all, risks related to changes in general economic, business and political conditions, including changes in the financial markets, changes in applicable laws, and compliance with extensive government regulation, as well as those risk factors discussed or referred to in the Company's disclosure documents filed with the securities regulatory authorities in certain provinces of Canada and available at .
這些前瞻性陳述涉及許多風險和不確定因素,實際結果可能與任何前瞻性陳述中建議的結果大不相同。這些風險和不確定性包括但不限於:公司在Caballo Blanco和玻利瓦爾的計劃不會產生預期的結果;公司將無法獲得監管部門的批准以取消CTO;或者Santacruz的股票不會很快在多倫多證券交易所恢復交易;與總體經濟、商業和政治狀況變化相關的風險,包括金融市場的變化、適用法律的變化、對廣泛政府監管的遵守;以及公司提交給加拿大某些省份證券監管機構的披露檔案中討論或提到的風險因素,可在。
In making the forward-looking statements in this news release, the Company has applied several material assumptions, including without limitation, the assumption that: the Company's initiatives in Caballo Blanco and Bolivar will have a positive impact on the Company's operations, the Company will obtain regulatory approval in order to lift the CTO and that Santacruz's shares will resume trading on the TSXV soon.
在本新聞稿中做出前瞻性陳述時,公司採用了幾個重大假設,包括但不限於以下假設:公司在Caballo Blanco和玻利瓦爾的舉措將對公司的運營產生積極影響,公司將獲得監管部門的批准以解除CTO,Santacruz的股票將很快在多倫多證券交易所恢復交易。
There can be no assurance that any forward-looking information will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements. Accordingly, the reader should not place any undue reliance on forward-looking information or statements. The Company undertakes no obligation to update forward-looking information or statements, other than as required by applicable law.
不能保證任何前瞻性資訊將被證明是準確的,因為實際結果和未來事件可能與此類陳述中預期的大不相同。因此,讀者不應過分依賴前瞻性資訊或陳述。除適用法律要求外,公司不承擔更新前瞻性資訊或陳述的義務。
To view the source version of this press release, please visit
要查看本新聞稿的源版本,請訪問