Silver X Increases Measured and Indicated Resources 173% to 10.4 Mt at 213 g/t AgEq (70.8 Moz AgEq) and Inferred Resources 43% to 21.6 Mt at 252 g/t AgEq (180.9 Moz AgEq)
Silver X Mining Corp (TSXV: AGX) published an updated Mineral Resource Estimate for its Nueva Recuperada Project in Peru, lifting Measured and Indicated resources 173% to 10.4 million tonnes containing 70.8 million ounces AgEq, including 41.8 million ounces of silver. Inferred resources grew 43% to 21.6 million tonnes with 180.9 million ounces AgEq, while the Red Silver unit now hosts the district's highest grades at 10.4 million ounces of Measured and Indicated silver grading 20.03 oz/t (623 g/t).
Key figures
- Mi ageq moz
- 70.8
- Mi silver moz
- 41.8
- Mi tonnage mt
- 10.4
- Mi ageq growth
- 117%
- Cash 2q26 usd m
- 49.7
- Channel samples
- ["735 g/t Ag over 65 m drift","649 g/t Ag over 40 m drift"]
- Drill program m
- 40000
- Mi silver growth
- 211%
- Drill completed m
- 20000
- Inferred ageq moz
- 180.9
- Mi ageq grade gpt
- 213
- Mi tonnage growth
- 173%
- Pea after tax irr
- 69%
- Base metal credits
- 166,263 t lead; 175,590 t zinc (M&I)
- Inferred silver moz
- 120.1
- Inferred tonnage mt
- 21.6
- Pea aisc usd per oz
- 15.8
- Pea mine life years
- 14
- Red silver mi grade
- 20.03 oz/t (623 g/t)
- Q2 26 processed tonnes
- 62252
- Inferred tonnage growth
- 43%
- Pea after tax npv5 usd m
- 439
- Pea cash cost usd per oz
- 11.78
- Red silver mi silver moz
- 10.4
- Mi share of pea inventory
- 85% (up from 31%)
- Pea initial capital usd m
- 82
- Pea lom production moz ageq
- 76.5
- Blenda rubia indicated ageq moz
- 19.8
- Pea avg annual production moz ageq
- 6.2
AI analysis
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