Mississauga, ON -- (SBWIRE) -- 12/07/2016 -- AllPennyStocks.com Media, Inc. (http://www.AllPennyStocks.com/) announces its latest article titled "Santacruz Silver Mining Announces Sale Of San Felipe Project."
Companies mentioned in this article include Santacruz Silver Mining Ltd (TSX-Venture:SCZ).
The silver mining sector started the year with a bang as prices showed improvement during the first half of the year. However, enthusiasm wore down during the second half of the year, with the constant decline in international prices of the metal. However, there are several stocks in the sector which have provided solid returns this year and have robust prospects ahead, regardless of Silver's spot price. Santacruz Silver Mining Ltd (TSX-Venture:SCZ) is one such company, It's stock has jumped over 250% this year so far.
Santacruz Silver Mining continues to execute on its corporate plan as the company announced that it has inked a new agreement with Hermosillo Group, a private Mexican company for the sale of the San Felipe project based out of Sonora, Mexico. The company will be divesting 100% of its interest in the project. Santacruz Silver Mining entered into the contract through its wholly owned subsidiary Impulsora Minera Santacruz, S.A. de C.V.
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