Silver X Mining operates in Peru where it holds a district-scale land package known as the Nueva Recuperada Silver District. The project includes the producing Tangana Mining Unit, the re-start ready Plata Mining Unit, and a robust pipeline of additional development and high-impact exploration targets. Silver X is advancing a clear growth strategy, with a goal of achieving annual production of ~6 million Ag Eq oz by 2029.
The Nueva Recuperada property covers a large area within the Huachocolpa mining district containing Ag/Au/Pb/Zn/Cu epithermal veins and other deposit types mainly hosted in Cenozoic volcanic rocks. Silver-gold along with lead-zinc-copper mineralization is found in intermediate sulphidation veins. The style of mineralization are veins, mantos, disseminations, and possible porphyries and skarns deposit types.
The Company’s focus has been on assimilating historic data and field checking the various vein sectors and neighboring properties. To date, a total of 541 veins and splits have been identified on the property. In generative field work important discoveries have been made, including the economic potential of the veins in the San Antonio, Tangana, Cauca, Pucapunta, Maria Luz and Positivas sectors, along with the identification of disseminated, volcanic-hosted, epithermal and porphyry systems.
Silver X has separated the portfolio of vein systems on the Nueva Recuperada property into two main units for logistical and operational reasons: the Tangana Mining Unit in the north and the Plata Advanced Project in the south.
