on Silver X Mining Corp. (isin : CA8283411079)
Silver X Files NI 43-101 Report Confirming Growth at Nueva Recuperada
Silver X Mining Corp has submitted an independent NI 43-101 technical report bolstering the mineral resource estimates for its Nueva Recuperada Project in Peru. This submission follows the February announcement of significant resource increases.
Effective as of October 1, 2024, the report highlights substantial growth in both measured and indicated resources, and notable enhancements in inferred resources, concentrating on the Plata Mining Unit. Measured and indicated ore tonnage grew by 18%, with a 70% surge in contained silver. Inferred resources rose by 45%, evidencing a more than 50% jump in silver content.
Additionally, zinc and lead resources showed marked increases, emphasizing the project's multi-metal potential. These updates underscore the strategic value of the Plata Mining Unit and highlight the region's untapped opportunities.
R. P.
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