Silver X Mining Corp V.AGX

Alternate Symbol(s): AGXPF

Metals & Mining Industrial Metals & Minerals

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.

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Silver X Mining Corp

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Post by JasleenDhakaon Feb 22, 2023 7:50pm

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Post# 35299727

Silver X announces PEA for Tangana Mining Unit Expansion!

Silver X Mining Corp./TSXV: AGX:Announces preliminary economic assessment for the Tangana mining unit expansion

Analyst Opinion: A PEA returned an AT-NPV10% of US$175M, and a high AT-IRR of 39%, using US$22.6/oz silver and US$1,746/oz gold. AGX is trading at just 20% of the project’s AT-NPV10%. We will publish an update shortly.

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