Santacruz Silver publishes Q1 2026 MD&A report for quarter ended March 31, 2026

• Santacruz Silver Mining published its MD&A for Q1 2026, keeping consolidated silver output broadly flat versus Q4 2025 at 1,341,499 oz, while consolidated zinc output fell 9% to 21,640 tonnes.
• Mining-operations silver production rose 2% to 1,000,094 oz, supported by stronger Bolivar and Caballo Blanco performance, offset by lower Zimapan and Porco output; mining-operations zinc production dropped 10% to 14,496 tonnes.
• Management outlook kept focus on operational stability and cost discipline in Bolivia, with Bolivar expected to recover gradually through 2026 from 2025 localized flooding, while Porco priority remains zinc-led revenue support.
• Caballo Blanco strategy remains to sustain operating efficiencies, while San Lucas continues third-party ore sourcing to keep plants utilized and support fixed-cost absorption.
• Mexico priorities center on improving metallurgical recoveries and concentrate quality at Zimapan, with capital already deployed and further initiatives expected to drive operating improvement through 2026.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Santacruz Silver Mining Ltd. published the original content used to generate this news brief on May 16, 2026, and is solely responsible for the information contained therein.