Silver X Mining Corp. is pleased to announce that it has engaged, an independent strategic advisory firm, co-led by Ernesto Balarezo and Patricia Kosa, and has appointed Ricardo Martínez as General Manager, effective immediately. These steps reinforce Silver X's commitment to operational excellence, cost discipline and a clear path toward profitable, sustainable production. "As we enter the next stage of Silver X's [...]
Silver X Mining Corp. is pleased to outline its strategic initiatives for the coming months and announce the launch of a 40,000-meter diamond drill campaign, the largest in the Company's history. These initiatives will be supported by the proceeds from the recently completed Bought Deal financing and will focus on accelerating exploration, underground development, and operational optimization at its Nueva Recuperada [...]
Silver X Mining Corp. is pleased to announce the filing of a new Preliminary Economic Assessment demonstrating a district-scale project with combined mining and processing capacity of 3,000 tonnes per day and annual metal production in excess of 6 Moz AgEq. Positive PEA results demonstrate the upside of having two operating mines, Tangana and Plata, which together have the necessary resources and the potential to [...]
Silver X Mining Corp. is pleased to announce the closing of its previously announced "bought deal" private placement for gross proceeds of C$16,000,000, which includes the full exercise of the Underwriters' over-allotment option as explained below. Pursuant to the Brokered Offering, the Company sold 32,000,000 units of the Company at a price of C$0.50 per Unit . Red Cloud Securities Inc. acted as lead underwriter [...]
Silver X Mining is pleased to announce that further to the Company's press release dated Sept 11 and Sept 12, 2025 and as a result of strong investor demand, the Company is proceeding with a non-brokered private placement for the sale of a minimum of 6,000,000 units of the Company to a maximum of 11,000,000 Units at a price of C$0.50 per Unit for minimum gross proceeds of C$3,000,000 to maximum gross proceeds of [...]
Silver X Mining Corp. is pleased to announce that as a result of strong investor demand, the Company has increased the size of its previously announced "bought deal" private placement from gross proceeds of C$10,000,000 to gross proceeds of C$13,000,000. Pursuant to the upsized Offering, Red Cloud Securities Inc. , as lead underwriter on behalf of a syndicate of underwriters including Laurentian Bank Securities , have [...]
Silver X Mining Corp. is pleased to announce that it has entered into an agreement with Red Cloud Securities Inc. to act as lead underwriter on behalf of a syndicate of underwriters including Laurentian Bank Securities pursuant to which the Underwriters shall purchase for resale 20,000,000 units of the Company at a price of C$0.50 per Unit on a "bought deal" basis for gross proceeds of C$10,000,000 . Each Unit will [...]
Silver X Mining Corp. is pleased to announce the results of a new Preliminary Economic Assessment demonstrating a district-scale project with combined mining and processing capacity of 3,000 tonnes per day and annual metal production in excess of 6 Moz AgEq. The PEA was prepared in accordance with National Instrument 43-101 Standards of Disclosure for Mineral Projects . All dollar amounts are in US dollars unless [...]
Silver X Mining Corp. is pleased to report its financial results for the six months ended June 30, 2025, for the Nueva Recuperada Project in Central Peru. CEO Jose Garcia commented, "Silver X continues to make steady progress, with consistent improvements in operating income, pre-tax earnings, and EBITDA. While we have not yet reached peak performance, we believe that a modest infusion of capital will serve as a catalyst [...]
Silver X Mining Corp. is pleased to announce it has secured a US$2,000,000 prepayment facility and copper offtake agreement for its Nueva Recuperada project with Trafigura PTE Ltd. . "The execution of this expanded offtake agreement with Trafigura marks a key milestone for Silver X, positioning us to unlock meaningful value from our growing production profile. This transaction reflects Trafigura's confidence in our [...]
Silver X Mining Corp. is pleased to report its financial results for the three months ended March 31, 2025, for the Nueva Recuperada Project in Central Peru. Jose Garcia, CEO of Silver X, commented: "Silver X is delivering improved results quarter after quarter, highlighted by strong operating performance, positive pre-tax income and EBITDA. These results reflect the growing strength of our operations and the hard work [...]
Audited Financial Results show Positive 12-Month EBITDA of US$1.7M Silver X Mining Corp. is pleased to report its financial results for the three months and year ended December 31, 2024, for the Nueva Recuperada Project in Central Peru. Jose Garcia, Silver X Mining's CEO, commented: "As fourth quarter and full-year results at the Tangana Mining Unit demonstrate, our team accomplished a great deal in 2024. Production [...]