Silver X secures full ownership of Ccasahuasi gold project in Peru
Key takeaways
- The company secured the concession from Barrick Mining under an agreement involving staged cash payments totalling $30,000 and a net smelter return royalty (NSR) with a partial buyback provision.
- The Ccasahuasi project contains an inferred mineral resource of 1,405,587t grading 0.936 grams per tonne (g/t) gold, equating to 42,303oz of gold.
- The resource was defined through 903.5m of diamond drilling carried out in four holes, three of which yielded gold intercepts exceeding 26m at grades above 0.7g/t.
Silver X secures full ownership of Ccasahuasi gold project in Peru The Ccasahuasi project contains an inferred mineral resource of 1 · Mining Technology Shree Mishra Fri, June 5, 2026 at 10:28 PM GMT+7 2 min read GC=F AGX.V B Silver X Mining has acquired complete ownership of the Ccasahuasi gold project in Huancavelica, central Peru, following the purchase of the Lily 19 mining concession within the Nueva Recuperada district.
The company secured the concession from Barrick Mining under an agreement involving staged cash payments totalling $30,000 and a net smelter return royalty (NSR) with a partial buyback provision.
The Ccasahuasi project contains an inferred mineral resource of 1,405,587t grading 0.936 grams per tonne (g/t) gold, equating to 42,303oz of gold. This is according to Silver X’s NI 43-101 preliminary economic assessment for the Nueva Recuperada Project, effective 31 May 2025.