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Silver X Announces Results of a Work Program at the Lily 19 Mining Concession Adjacent to Current Operation at Tangana
VANCOUVER, BC / ACCESSWIRE / November 16, 2022 / SILVER X MINING CORP. (TSXV:AGX)(OTCQB:AGXPF...
About this update from Silver X Mining Corp
[{"type":"text","content":"Silver X Announces Results of a Work Program at the Lily 19 Mining Concession Adjacent to Current Operation at TanganaVANCOUVER, BC / ACCESSWIRE / November 16, 2022 / SILVER X MINING CORP. (TSXV:AGX)(OTCQB:AGXPF)(FRA:WPZ) (\"Silver X\" or the \"Company\") \") is pleased to announce results of a work program at the 1,000 ha Lily 19 mining concession (\"Lily 19\"), see Table 1. Lily 19 is 3.5 km from the Company's existing Tangana mine and contains the northern extension of the San Antonio vein, see Figure 1. The concession covers 1,000 ha (of which 769.6180 ha are effective after discounting the area overlapping third party properties with priority over the overlapped area), that includes 515 ha of limestones with Ag-Pb-Zn mineralization and 485 ha of intensely altered subvolcanic rocks with vein and disseminated precious metal mineralization potential.Figure 1: Map showing Lily 19 mining concession and recent sampling results. *Note: Silver equivalent ounces were calculated using $19.40/oz Ag, $1,986/t Pb, $2,681/t Zn and does not consider metallurgical recoveriesFigure 2: Map showing Lily 19 mining concession and other concessions held by Corongo Exploraciones S.A.C, a wholly owned subsidiary of Silver X Mining Corp.The observed Ag-Au-Pb-Zn mineralization may be associated with the San Antonio Vein that extends at least 2 km further into the Lily 19 mining concession. Historical workings along the San Antonio vein underground extend 500 meters from the Lily 19 mine portal. Proximal to the main San Antonio vein, geological mapping has recently identified a Ag-Pb-Zn manto, which would be the first carbonate replacement deposit found in the Recuperada district.Figure 3: Geological map with distribution of geochemical samples with silver equivalent results. *Note: Silver equivalent ounces were calculated using $19.40/oz Ag, $1,986/t Pb, $2,681/t Zn and does not consider metallurgical recoveriesID-CHANNELEASTNORTHELEVATIONWIDTHAg g/tPb%Zn%AgEq* (g/t)SAM-CN1502755856236648533.2510.720.722.19145.34SAM-CN2502754856236148533.30.140.180.3729.47SAM-CN3502755856235648653.213.270.580.6362.90SAM-CN4502756856235148633.947.233.181.41212.55SAM-CN55027548562345486634.900.270.1320.20SAM-CN6502760856233548510.726.202.001.00135.20SAM-CN750276185623334860131.802.000.1097.6Average2.6217.811.160.93100.96Table 1: Lily 19 sampling results. *Note: Silver...