Silver X Mining Corp. Stock Analysis AGX.V

Silver X Mining Corp. operates as a gold exploration company. The firm owns the 20,472-hectare Nueva Recuperada Silver District in Central Peru and produces silver, gold, lead and zinc from its Tangana Project. The Project includes the Tangana mining unit (TMU), a precious- and base-metal operation that is in the northern portion of the project, comprised of more than 100 veins spanning an area of more than 6,500 hectares, and the Plata Mining Area (PUM), an advanced project. The PUM is a grouping of historic silver-polymetallic veins, with significant exploration upside in the southern portion of the Project, comprised of more than 200 veins, spanning an area of more than 7,000 hectares, and the Red Silver Mining Unit (RMU), a high-grade silver target in exploration with some historic production. The firm has also entered into an earn-in agreement to acquire the Lily 19 claims in Peru.