Business
Silver X Intersects 928.13 G/T AgEq Over 1.38 Metres and 631.71 G/T AgEq Over 0.92 Metres in Resource Expansion Initial Drilling at Tangana 1
**NOT FOR DISSEMINATION IN THE UNITED STATES OR FOR DISTRIBUTION TO UNITED STATES NEWS WIRE ...
About this update from Silver X Mining Corp
[{"type":"text","content":"Silver X Intersects 928.13 G/T AgEq Over 1.38 Metres and 631.71 G/T AgEq Over 0.92 Metres in Resource Expansion Initial Drilling at Tangana 1**NOT FOR DISSEMINATION IN THE UNITED STATES OR FOR DISTRIBUTION TO UNITED STATES NEWS WIRE SERVICES**Four holes have recently been completed for 1,091 metres in the ongoing resource expansion drill campaign at TanganaFinal assay results have been received for 3 of the initial 4 drill holes at Tangana 1:Highlights:DDH-TN-2021-003: 928.13g/t AgEq over 1.38 metre intervalDDH-TN-2021-004: 631.71g/t AgEq over 0.92 metre intervalDrilling continues to expand the extent of known open-ended mineralization at the Tangana Mining UnitVANCOUVER, BC / ACCESSWIRE / August 23, 2021 / SILVER X MINING CORP. (TSXV:AGX)(OTC PINK:WRPSF) (\"Silver X\" or the \"Company\") is pleased to announce it has intersected significant intervals of high-grade silver-polymetallic mineralization at the Tangana Mining Unit (\"Tangana\") at the Company's Nueva Recuperada project in Huancavelica, Peru. Final analytical assay results received from two of the first four drill holes of the previously announced 25,000 metre drill programs, confirm the presence of easily accessible, contiguous, high-grade, silver-polymetallic mineralization at Tangana 1. The drill holes DDH-TN-2021-002, DDH-TN-2021-003 & DDH-TN-2021-004 targeted vein extensions below past producing underground stopes at Tangana 1 and results show the continuity of the open-ended silver-polymetallic mineralized structure. The planned development mineralization from this newly expanded mineralized zone will feed the currently operating Recuperada plant.The Recuperada plant has been operating on development and toll feed since 2019, has a capacity of 200,000 tpa and has sold USD $6.5M of polymetallic concentrate in 2021 YTD. On the back of this operating cash flow, the Company has initiated a 25,000-metre drill programme (announced July 19, 2021) of which 9,700 metres are aimed at expanding knowledge on and upgrading the quality of the Tangana inferred resource. No mine production decision has been made, rather resource exploration and upgrade and underground access infrastructure development only.The Company is not basing its exploration and underground infrastructure development decisions on a feasibility study of mineral reserves demonstrating economic and techn...