Timothy Lee is a mining analyst with Red Cloud Securities.
Silver X Mining Corp.'s production at its Nueva Recuperada mine are now at pre-shutdown levels, according to a note from Red Cloud Securities.
This is expected to come on the heels of the Canadian silver producer resuming operations after a nearly three-month halt during Q3/23, noted a Red Cloud Securities report.
The Canadian company is making progress in this regard such that Q4/23 numbers should improve, noted a Red Cloud Securities report.
The objectives of the Canadian miner's fresh strategic direction are to improve production and reduce costs, noted a Red Cloud Securities report.
The Canadian silver producer acquires a high-grade, past-producing, polymetallic mine in Colorado boasting an existing resource and reserves, a recent feasibility study and upside, noted a Red Cloud Securities report.