Silver X Mining is a silver mining company with core operations in Peru, where it holds a district-scale land package known as the Nueva Recuperada Silver District. This area boasts an exciting exploration, development and production pipeline that positions Silver X for potentially achieving production of approximately 6 million silver equivalent ounces by 2026.
Moreover, Silver X is also pursuing its overall mission to be a premier silver company by advancing a portfolio of projects for the exploration of both gold and silver, aiming to deliver sustainable value for all stakeholders well into the future.
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 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.