The reason why I invited Santacruz, they're a producer, but all these companies are gonna become producers. Santacruz is an unusual producer in that they basically don't get a lot of love. I mean, if you look at the valuation of the company, the multiple, they're mining mainly in Bolivia, also in Mexico, and the sentiment has been poor. Santacruz is just, they're a growth story like all of these companies up here. I think that Santacruz is really under-understood, if you will, the quality of the company. There's not very many, you know, silver miners out there. Santacruz, they have a great team. They have great projects. They have a growth story. They're gonna keep growing. These are the ones. It's.
These are the companies that are gonna be pricey at a certain point, but right now it's unbelievably cheap. Arturo, come on up.
Thank you. First of all, I would like to thank you, Don, for including Santacruz in your newsletters. I think that your analysis and your discipline methodology adds a lot of value to the investment community. It's an honor for us to be within your list. We have 4 producing assets, 3 mines in Bolivia, 1 mine in Mexico, 1 exploration property in Bolivia, which will allow us to keep growing organically, and 1 ore sourcing feed, or feed sourcing company in Bolivia as well, which complements nicely into our business model, and I'll explain you in more detail. We have our operations in Mexico and in Bolivia, as I was pointing out.
Combined, the 4 producing mines and the ore sourcing company produced last year around 14.6 million ounces of silver equivalent, around almost 6 million ounces of pure silver. We have our mine in Mexico in the, in a Safe District or the Zimapán mining district in Hidalgo. It's a safe jurisdiction. We have, as neighbors, one of the largest military camps down there. It's how that it's in. Both countries, as you know, Mexico and Bolivia, they share a lot of similarities, culturally speaking. We understand how things work down in Bolivia, same as in Mexico.
There are two jurisdictions where we feel very comfortable, especially now, as you might have noticed, Bolivia has become more friendly for the foreign investment just recently with last year's presidential elections. We're very happy and very positive on how we see the country for the next coming years, especially in the mining industry, which is the flagship industry of the country. Here we have our production for last year, 2025. We produced close to 14.5 million ounces of silver equivalent. On the right side of the slide, we have the production on a per-mine basis. San Lucas, it's our ore sourcing company or trading company.
What the main purpose of this company is to provide ore to our milling facilities and make sure that these milling facilities are running at full capacity all year round. Last year's, these are Q3 financial statements. We have not filed our Q4 year-end financial statements. We report around $73 million–$74 million in EBITDA. We had at the moment $59 million cash on hand at this year. I mean, by year-end, we keep building our treasury. We close the year with a close to $80 million in our treasury. We have no debt, no streamings attaching to the company. This is very accretive for our investors.
I would like to highlight our all-in sustaining costs in Zimapán, which are really high at $32, the main reason is because we have arrived at level 960 at Zimapán. It's a very large ore body. To start producing from that ore body, we built two inclined shafts. We bring ventilation, we bring power, energy, we bring water and compressor in addition to other equipments. We bought around 15 underground equipments, the mine, that area is already producing. This year, we're going to be adding 1,000 tons on a monthly basis from that area alone. We should be producing or milling around 80,000 tons a month by Q3.
That will give us a gradual increase in the production for the Mexican mine and as well as some additional inefficiencies that we're achieving in the milling facility with the improved recoveries. Our budget for this year will be an increase in production for around 1 million ounces and with an All-in sustaining cash cost below between $25 and $26 for the year. This is a glimpse of our balance sheet. We have, as I was pointing out, no debt. Our current asset and are $188 million. Current liability is $119 million. Our equity line is increasing quarter-over-quarter as we keep accumulating cash.
Some of our ratios here, our enterprise value to EBITDA is 9.6-9.7 times at the moment. Our working capital today is around $70 million. This is a glimpse of our share ownership. We have a lot of retail investors and institutional. We're growing our institutional base as we're doing more marketing, more awareness about the company and the health of the company, and that it's increasing our institutional and family office base of investors. We have a strong management in place. Eduardo Torrecillas is our COO. He's a seasonal miner in Bolivia. He's also the president of the Mining Association in Bolivia.
We have Andres Videla, a very experienced banker and now our CFO and a very strong board of directors within the company. That's pretty much what we have as a description of the company today. We still have an asset, the Soracaya property, sorry, that we did not include it in this presentation. Soracaya is a project that it's on the process of getting fully permitted. We expect to get full permits on hand by July, August this year, and at that time, we'll start production at Soracaya with a slow production, 200 tons per day. We're going to be milling that ore within our one of our nearby milling facilities.
By 2027, we will start construction of a milling facility and take this mine into full production beginning 2028. This mine, our budget is an increase of. It'll give us around 3.4 million ounces of silver equivalent in production, where most of them, around 75%, will be pure silver. That's where our organic growth will be coming in the next coming years. We expect by 2028 to be producing close to 19 million ounces of silver equivalent. We'll be very disciplined with our treasury and our financing approach towards the investments and CapEx of the company. Yeah, that's pretty much where we will be. I'm done.