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PRECIOUS METALS (US $)
Gold 1359.60-27.44
Silver 22.25-0.41
Platinum 1451.52-31.48
Palladium 735.25-1.25
WORLD MARKETS
DOWJONES 15354120
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Gold / Silver61.11
Gold / Oil14.16
Dowjones / Gold11.29
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Projects on Google Earth
XBG Project
XBG
Country China 
Province Henan
Close to Luoyang
Status PRODUCTION 
Surface 26 km² / 6,514 acres
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Produces
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Risk and valuation analysis of the XBG Project
Status Risk : Production
Country Risk : Important
Title(s) of the XBG Project
Silvercorp Metals Inc.
Owner: 100%
Company ProfileAll ProjectsCompany website
TitleCompany ProfileAll ProjectsCompany websiteCompany project page
Location of the XBG Project
The XBG Mine is located about 120 km southwest of the Company's Ying Mine and is about a three hour drive from Luoyang City and the Ying Mine.
 
History of the XBG Project
The XBG mine area was subjected to artisanal mining for gold and silver since the late 1980s. Exploration activities were limited to regional scale surface mapping, 1:50,000 scale stream sediment geochemical survey, and limited surface trenching. No drilling was ever performed on the property, therefore, no resource was defined.
 
Geology of the XBG Project
So far, 12 mineralized Ag-Au-Pb-Zn veins/structures and three Au veins/structures were identified by surface mapping, trenching, and tunneling. The silver-gold-lead-zinc mineralization is hosted in quartz-sericite-chlorite-carbonate-fluorite veins cross-cutting Proterozoic age andesite flows.
 
Disclaimer
All information on this page comes from internal and external sources deemed reliable. This information might not be up to date, so please perform due diligence before making any conclusion or making any action. Do contact us should any information be missing or incorrect.