Silver X Mining Corp AGXPF

Primary Symbol: V.AGX

Metals & Mining Industrial Metals & Minerals

Silver X Mining Corp. is a Canada-based silver mining company with core operations in Peru. The Company owns the +20,000-hectare Nueva Recuperada Silver District in Central Peru and produces silver, gold, lead, and zinc from the district’s Tangana Mining Unit. The Tangana Mining Unit lies within the Nueva Recuperada project located within the Huachacolpa Mining District, Huancavelica, Peru, 479 kilometers (km) to the southeast of Lima. Its Plata Advanced Project is a 3829-hectare concession package with 17 known mineralized veins at the surface with widths ranging from 0.6 to 1.0 meters. The project is located 150 km east of Peru’s prominent Pan American highway in the Lircay district, Huancavelica region of south-central Peru. Its Coriorcco Gold Project is located 80 km east of Peru’s Pan American highway in San Juan Lucanas Province, Ayacucho region of southern Peru, and is accessible by paved road to within five km of the project and has the potential for stand-alone development.

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Silver X Mining Corp > Mine Virginius

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Comment by andre171on Apr 18, 2023 8:24am

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Post# 35400070

RE:Mine Virginius

andre171 wrote: Since the plan for Virginius is to execute an exploration program over the next 12 to 18 months, this seems to me to mean that the proximity to exploitation is much further away than presented by Aurcana!

The rock and slump problems in the mine were undoubtedly much more important than presented by Aurcana's management. On the other hand, didn't the management overestimate the potential of this mine, its content much lower than presented by Drover and its operating conditions much less favorable?

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