Silver X Mining ( (TSE:AGX) ) has provided an announcement.
Silver X Mining Corp. has announced a substantial increase in the mineral resource estimate for its Nueva Recuperada Property in Peru, particularly at the Plata Mining Unit. The updated estimate reflects an 18% increase in measured and indicated resources and a 45% increase in inferred resources, highlighting the company’s exploration success and commitment to growth. The Plata Mining Unit, a high-grade project, now boasts significant silver, zinc, and lead resources, positioning it as a key asset for Silver X’s future production plans. This development enhances the company’s standing in the South American silver market and indicates potential for continued organic growth.
More about Silver X Mining
Silver X Mining Corp. is a rapidly growing Peruvian silver producer-developer, focusing on expanding its resource base in the mining industry. The company is involved in the exploration and development of silver projects, with a significant market focus on South America.
YTD Price Performance: -14.29%
Average Trading Volume: 249,846
Technical Sentiment Consensus Rating: Buy
Current Market Cap: C$36.34M
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