OAR 0.00% 0.2¢ oar resources limited

Mining, exploration and processing all happening in 2021 within...

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    Mining, exploration and processing all happening in 2021 within approx 250k's of our Chimu plant.

    A genuine focus is required to get the Chimu plant operational not only would this generate revenue which would fund most if not all of our drilling campaigns and land holding costs, reduce capital raises, reduce share dilution and the revenue would put Oar into a position that would enable fundamental analysis of the share price. Something that is not available to most exploration mining stocks.



    https://hotcopper.com.au/data/attachments/3380/3380128-d363245c1756a3654773c007434e34b5.jpg


    Tangana Mine - Nueva Recuperada
    The company is pleased to announce that since January 2021, through the processing of materials generated from underground development activities at the Tangana Mine, it has generated USD $6.5m in revenues from silver-polymetallic concentrate sales. Silver X also recently completed a 21-hole 4,000-meter Phase 1 underground infill drilling programme in Tangana.

    25,000 Metre Phase 2 Resource Expansion and Definition Drill Programme Based on the recent Phase 1 drill results and surface exploration at Nueva Recuperada, XXXX has commenced a Phase 2 drill programme comprised of a 9,000-metre underground drilling campaign with 2 underground rigs, whilst 2 surface diamond drill rigs will drill a further 6,000 metres across known silver-polymetallic and other newly identified geological greenfield targets.

    https://hotcopper.com.au/data/attachments/3379/3379969-9f6af56b0256861f315630a57e4e79ce.jpg
    https://www.bloomberg.com/press-releases/2021-07-19/silver-x-announces-usd-6-5m-in-ytd-concentrate-sales-completion-of-4-000m-infill-drilling-and-commencement-of-25-000m
    https://www.juniorminingnetwork.com/junior-miner-news/press-releases/2860-tsx-venture/agx/103379-silver-x-announces-usd-6-5m-in-ytd-concentrate-sales-completion-of-4-000m-infill-drilling-and-commencement-of-25-000m-resource-expansion-and-definition-drill-programme.html
 
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