Silver X Mining Secures Full Ownership of Ccasahuasi Gold Project

Silver X Mining Corp. has acquired 100% ownership of the Ccasahuasi gold project in Peru. This acquisition enhances their exploration capabilities in the Nueva Recuperada district, which features significant inferred mineral resources. Located just 1 km from the operating Tangana mine, Ccasahuasi represents a strategic asset.

Defined with only 903.5 meters of diamond drilling, the project boasts inferred mineral resources of 1,405,587 tonnes at 0.936 g/t gold. The mineralization remains open to further evaluation, suggesting potential for expansion toward neighboring operational areas.

Silver X's acquisition strategy was capital-efficient, involving staged cash payments to Barrick Mining Corporation. This grants Silver X operational control over Ccasahuasi's land package. The project's potential for future resource growth is bolstered by geological interpretations that indicate possible extensions.