Corporate

Mr. Silva Ramos has a degree in mine engineering from the University of Guanajuato, and additionally holds an MBA from ITESM (Instituto Tecnologico de Estudios Superiores Monterrey). He has more than 30 years' experience working in the mining industry in Mexico with both senior and junior mining companies, the last 17 years of which were in senior management roles.

Mr. Silva co-founded Carrizal Mining S.A. de C.V., a private Mexican silver producer where, during his nine year tenure, he successfully increased the mining and milling operations of the Zimapan Mine, Hidalgo, Mexico, from 1,400 tpd to 3,200 tpd. Prior to this, Mr. Silva held senior management positions at the Tayoltita Mine located in San Dimas, Durango, Mexico. During his tenure with the Tayolita Mine production was increased from an initial rate of 1,800 tpd to an eventual final rate of 3,200 tpd.

Mr. Orr is a Chartered Professional Accountant with extensive experience assisting companies in the public marketplace with initial public offerings, dual listings, due diligence assignments and completion of prospectus offerings. He was the British Columbia Mining Leader for Deloitte for six years and worked for Deloitte in Vancouver, New York, and London for over 23 years serving clients in public accounting, auditing and advisory. Mr. Orr was an Audit Partner for 10 years and has also held previous CFO and board positions for public companies.

Mr. Corso holds a B.Sc., Mining Engineering, from the Colorado School of Mines at Golden Colorado, has over 35 years of experience in the industry.

Prior to joining Santacruz, Mr. Corso managed various technical teams for JDS Energy and Mining Inc. to evaluate, optimize and develop mineral resource projects. He has strong technical, operational and management skills, with the ability to lead in technical and operational environments. Mr. Corso has also participated in the evaluation, development and operation of various mineral resource properties throughout his career in engineering and management roles with companies such as BHP Billiton, RMC Pacific, and Homestake Mining Company.

Mr. Löhner has been a senior partner and managing Director of The Boston Consulting Group ("BCG") for the last 20 years and during the last 5 years he has held the position of Managing Director for Latin America. He is fluent in Spanish, German, French, English, Portuguese, Dutch, and Italian. After retirement, he continues to serve as a Senior Advisor to BCG.

Mr. Okada is a member of both the Canadian Institute of Chartered Professional Accountants and the Washington State Certified Public Accountants Association with over 43 years' experience providing financial management services to publicly traded companies, with emphasis on mineral companies. He is currently a director of several public companies including EMX Royalty Corporation, Forum Uranium Corp. and Rokmaster Resources Corporation.

Mr. Villasenor graduated with a B.Sc. in mining and metallurgy from the University of Guanajuato, an MS of mineral economics from Columbia University, and a finance degree from the Instituto Tecnologico Autonomo de Mexico. His career has spanned 40 years in the mining industry, including roles with Penoles, Grupo Mexico, Goldcorp and as a director of Starcore International Mines Ltd.

Barry has been active in various aspects of mineral exploration since 1977. He couples his geological understanding with a B.Com. (Finance) degree from the University of British Columbia (1990) to provide consulting services to a number of TSX Venture Exchange companies. He has strong capital markets experience and has been a founder and / or director of multiple TSX.V listed companies over the past 20 years including I-Minerals Inc,, Roxgold Inc. and Silver One Resources Inc. prior to joining Santacruz Silver Mines Ltd.