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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 XeniaTechieon Oct 08, 2021 3:12pm
183 Views
Post# 33990078

If successful this can be a significant catalyst for Silver

If successful this can be a significant catalyst for Silver Announced yesterday, $AGX commences environmental and social impact assessment at Nueva Recuperada silver district to quadruple processing plant capacity to 2,500 tpd.

From my perspective, this is the kind of news that could shoot value as their previous and significant run through September came at the end of Summer following strong news and updates from the Tagana mine, which will be using the same processing plant.

There is strong potential that Tagana will become a high-grade, multi-vein mine we're hoping for and helping to reach the Nueva Recuperada targets of 5 Moz Ag annual production by 2024.

https://www.juniorminingnetwork.com/junior-miner-news/press-releases/2860-tsx-venture/agx/107926-silver-x-commences-environmental-and-social-impact-assessment-update-at-nueva-recuperada-to-expand-operations-and-quadruple-processing-plant-capacity-to-2-500-tpd.html
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