Articles for tag: mining, Peru, property, raises, Silver, tonnage

March 11, 2025

Ron Finklestien

mining

Silver X Mining Increases Production Capacity by 18% at Peruvian Site

Silver X Mining Increases Resource Estimates at Nueva Recuperada Project Silver X Mining (TSXV: AGX) has announced an 18% rise in the measured and indicated tonnage at its Nueva Recuperada Property, located in southwest Peru. This increase is over a preliminary economic assessment conducted in 2022. According to a recent company release, the measured and indicated resources at the Plata Mining unit now total 4.26 million tonnes, with grades of 3.28 oz. silver per tonne, 0.56 gram gold, 1.88% lead, and 2.22% zinc. Notably, the contained silver in the indicated category at Plata, which was previously known as Esperanza, has

January 23, 2024

Ron Finklestien

mining

Probe Gold Strikes Copper at La Peltrie

Exploration Success Probe recently announced that their 2023 exploration program at La Peltrie, located 25 km southeast of Agnico Eagle’s Detour Lake gold mine, proved to be a resounding success. The project yielded promising results, revealing a large, copper-rich base metal system and higher-grade zones that can potentially amplify the project’s value. David Palmer, the CEO of Probe, emphasized the significance of the 2023 exploration program, stating, “The results were also useful in adding to our geological understanding of the area and identifying new high-priority areas proximal to the discovery zone.” Furthermore, Palmer expressed enthusiasm for the upcoming 2024 drilling