CX Project, Nevada
CX is located in Nye County, Nevada. The property is under option with a retained 3% Net Smelter Royalty (NSR) to MQL over approximately 4 square miles. The project area hosts gold and silver mineralization within the margins of a caldera. A NI 43-101 report has been completed indicating an existing resource Which is surrounded by MinQuest’s claims, but not part of the above mentioned NSR. However, there are several targets within the NSR boundary containing mineralized intercepts in drilling along with geophysical and geochemical anomalies which remain open for testing. Current drilling program is designed to provide a NI 43-101 resource.
A 5% net profits royalty is held on 8 Core claims within the above boundary.
https://nevadasilvercorp.com/projects/overview/