Nueva Recuperada currently operates within the medium size mining regime (350 tpd to 5,000 tpd) and is seeking to expand its permitted capacity to 2,500 tpd. The ESIA is a key component of a comprehensive environmental and social permitting process and will cover both wholly owned Tangana and Esperanza silver-polymetallic Mining Units. The assessment also covers the associated mining infrastructure and existing tailings facility for a total study area of 4,900 ha. Key components of the updated ESIA include an expansion of production capacity at the Company's mineral processing plant to 2,500 tpd from the current 600 tpd and a new 8,000,000 m3 capacity tailings storage facility. Silver X is focusing on aggressively expanding silver production at Nueva Recuperada and is targeting 5 Moz Ag annual production by 2024.
The ESIA is a systematic process for evaluating the impacts the Project may have on the physical, biological, social/socio-economic, and cultural environments. It identifies measures that the Project should enact to avoid, reduce, mitigate, or compensate for adverse impacts, and those that can enhance positive impacts, where practicable. The updated ESIA of the
Project Description: Detailed summary of all project components, facilities, and associated organizations; commenced
Impact Identification and Prediction: Comprehensive review of impacts and benefits from proposed expansion.
Environmental and Social Management Plan (ESMP): Incorporates measures and procedures for the short and long-term environmental and social management of the project.
Stakeholder Engagement: An ongoing process that continues throughout the ESIA. This focuses on a broad range of activities, including information sharing, consultation, negotiation, and partnership building. The initial community workshop was held in
About
This news release does not constitute an offer to sell or a solicitation of an offer to buy any of the securities described in this news release in
Contact:
Tel: 1 604 358 1382
Email: j.garcia@silverx-mining.com
Cautionary Statement Regarding 'Forward-Looking' Information
Some of the statements contained in this news release are forward-looking statements and information within the meaning of applicable securities laws. Forward-looking statements and information can be identified by the use of words such as 'expects', 'intends', 'is expected', 'potential', 'suggests' or variations of such words or phrases, or statements that certain actions, events or results 'may', 'could', 'should', 'would', 'might' or 'will' be taken, occur or be achieved. Forward-looking statements in this news release include statements in respect of the Company's exploration plans and development potential for the Company's properties. Forward-looking statements and information are not historical facts and are subject to a number of risks and uncertainties beyond the Company's control. Actual results and developments are likely to differ, and may differ materially, from those expressed or implied by the forward-looking statements contained in this news release. Accordingly, readers should not place undue reliance on forward-looking statements. The Company undertakes no obligation to update publicly or otherwise revise any forward-looking statements, except as may be required by law.
(C) 2021 Electronic News Publishing, source