Silver X Mining Corp (TSX-V:AGX, OTC:WRPSF) has released operational results for the third quarter ending 30 September 2023.
The third quarter processing total from Silver X’s operations in Peru amounted to 120,915 ounces of silver equivalent, and followed the temporary halt of operations in July and August 2023.
Monthly metal throughput is currently back to the levels processed in the third and fourth quarters of 2022, before the temporary halt of operations.
Since the previous update on 19 September, the company has processed 230,444 ounces of silver equivalent in just 45 days, with an average head grade of 304.25 grams of silver equivalent.
The company processed 90,303 ounces of silver equivalent in in September 2023 and 140,050 ounces in October 2023.
“We are very satisfied with the restart of production at Nueva Recuperada,” said José García, chief executive of Silver X.
“Our team is doing an outstanding job in increasing production steadily and safely. We count now on a more robust mine schedule and have built stronger alliances with our local community and strategic partners. We continue to forge ahead in increasing throughput in the fourth quarter of 2023, and in successfully delivering to our shareholders our plans to build a prolific silver district in Central Peru.”