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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

Post by gr8stockson Aug 03, 2021 12:59pm
174 Views
Post# 33642715

Meet Peru’s next significant silver producer: Silver X

Meet Peru’s next significant silver producer: Silver X

BNN published an article this morning about Silver X and their goal to consolodate assets in Peru to become a high growth, mid-tier silver company. 

The company’s near 70 million ounces of silver-equivalent puts it squarely in the middle of its peers in terms of cumulative total resources. A Silver X-generated comparison with some key silver producer-developers suggests Silver X’s current market cap could be undervaluing its potential.

With a plan to add value to Nueva Recuperada by expanding operations, optimizing costs, growing resources and exploring for new deposits, Silver X appears well-positioned to grow cash flow from the project in the years ahead and to expand its already sizeable resource base.

Read the full article 
here
Learn more about Silver X 
here

 
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