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Silver X Mining Corp V.AGX

Alternate Symbol(s):  AGXPF

Silver X Mining Corp. is a Canada-based silver developer and producer. The Company owns the 20,000-hectare Nueva Recuperada Silver District in Central Peru and produces silver, gold, lead and zinc from its Tangana Project. The project includes the Tangana mining unit (Tangana), a precious- and base-metal operation that is in the northern portion of the project comprised of 100-plus veins spanning an area of more than 6,500 hectares, and the Plata (formerly referred to as Esperanza) advanced Project, a grouping of historic silver-polymetallic veins, with significant exploration upside in the southern portion of the project comprised of 200-plus veins often with intense anatomizing, spanning an area of more than 7,000 hectares. The Company holds interest in a 1400-hectare concession known as the Las Antas Property, which is located within the Oligocene-Pliocene gold-silver Belt of Southern Peru. The Company also has an option agreement to acquire the Lily 19 claims in Peru.


TSXV:AGX - Post by User

Bullboard Posts
Post by RedMarson Jun 11, 2008 7:49pm
237 Views
Post# 15174852

Amador Gold begins Fripp drilling

Amador Gold begins Fripp drillingAmador Gold begins Fripp drilling
Amador Gold Corp (C:AGX)
Shares Issued 124,509,817
Last Close 6/10/2008 $0.24
Wednesday June 11 2008 - News Release
Ms. Diana Mark reports
TSX-V. AGX DRILLING COMMENCES AT FRIPP PROPERTY & NEW MAPS AVAILABLE FOR LOVELAND PROPERTY
Amador Gold Corp. has begun drilling on the Fripp property, 30 kilometres southwest of Timmins, Ont.
The property has similar ultramafic geology to the Langmuir nickel discovery made by Golden Chalice Resources Inc. about 30 km to the east.
The same Geotech VTEM airborne system that was used to discover the Langmuir nickel discovery has been flown over the Fripp property. The survey has identified more than 15 prime target areas for testing by trenching or drilling. These areas often have multiple strong coincidental electromagnetic and magnetic anomalies. This road accessible property is mostly covered by glacial till and overburden. However, occurrences of nickel have been located near or on strike with some of the VTEM anomalies.
Drilling continues to test nickel-copper mineralization discovered beneath the Cominco zone last year on Amador's Loveland property. New maps showing the drill target area and other targets are available on the company website.
© 2008 Canjex Publishing Ltd.
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