Silver X Mining Says Blenda Rubia Target Mineralization Continuing to Evolve
Silver X Mining (AGX.V) said on Tuesday that the most recent underground diamond drill results from the Blenda Rubia (BR) target in central Peru continue its evolution into a broader polymetallic mineralized system, the company said on Tuesday.The BR target, within the company's company's Nueva Recuperada unit, shows that the repetition of broad mineralized intercepts across multiple drill holes indicates that these wider zones are part of a mineralized system with the potential to support a larger mining footprint.Highlights include 40.71 metres true width at 98.7 grams per tonne (g/t) silver equivalent at BR, including 4.12 meters of 274.5 g/t silver equivalent.Silver X plans to continue advancing BR on two parallel fronts. The company will continue surface drilling while initiating underground rehabilitation works to prepare drill chambers and improve access for additional diamond drilling from underground. These next steps are intended to better define the western structures, refine the geometry of the broad mineralized corridor and support the next stage of project scale-up.Silver X shares were last seen down $0.01, to $0.80, on the TSX Venture Exchange.Price: $0.79, Change: $-0.02, Percent Change: -2.47%
