TSXV:AGX - Post Discussion
Post by
waves1 on Oct 25, 2021 3:40pm
$AGX still green after expansion update last week!
No surprise Silver X Mining Corp ($AGX $AGX.v $WRPSF) is still in the green after announcing that they began expanding their silver-polymetallic production capacity at its Nueva Recuperada Concentrate Plant!
- Expansion by 20% to 720 TPD
- Expanded capacity fed by Tangana 1 & 2 and Tangana West vein systems
Increased concentrate production will drive additional cashflow to self-fund further exploration and resource upgrades.
Plus, new mineralization encountered at the Tangana Mining Unit has necessitated an increase in plant capacity to keep pace with mining production.
- Current 25,000 m reseource expansion diamond drill program identified additional 200 m by 200m zone of silver-polymetallic mineralization in Tangana 1 vein
The expansion of the concentrate plant to 720 tonnes per day is a major milestone for $AGX, solidifying the strong foundation for growth in the coming quarters
https://www.baystreet.ca/viewarticle.aspx?id=668909
Be the first to comment on this post