Silver X Mining Corp
Capital Structure
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in mil. unless spec.Company Description
- CEO
- José Maria Garcia Jimenez
- Full Time Employees
- 54
- Sector
- Non-energy minerals
- Industry
- Other metals/Minerals
- Address
- 620 – 1111 Melville Street Vancouver BC Canada V6E 3V6
- IPO Date
- Feb 1, 2010
- Website
- silverxmining.com
- Similar Companies
- Business
- Silver X Mining Corp. is a Canada-based silver mining company focused on the exploration, development, and production of silver, gold, lead, and zinc deposits in Peru. The company owns and operates the Nueva Recuperada Silver District, a more than 20,000-hectare land package in central Peru's Huancavelica region that encompasses over 200 exploration targets across three principal mining units: Tangana, Plata, and Red Silver; current production occurs at the 100%-owned Tangana Mining Unit, a polymetallic underground mine processing approximately 600 tonnes per day with expansion underway to a nameplate capacity of 720 tonnes per day, yielding silver equivalent ounces alongside gold, lead, and zinc concentrates; the Plata Mining Unit, featuring over 200 historic silver-polymetallic veins, advances toward production startup in 2026; and the Red Silver Unit offers additional high-grade exploration potential. Founded in 2009 and headquartered in Vancouver, British Columbia, with operational headquarters in Huancavelica, Peru, Silver X Mining trades on the TSX Venture Exchange under the ticker AGX.V, OTCQB as AGXPF, and Frankfurt as AGX. Recent developments include the closure in September 2025 of an oversubscribed C$21.5 million private placement financing comprising a C$16 million brokered bought deal and C$5.5 million non-brokered offering at C$0.50 per unit with warrants exercisable at C$0.70 until 2028, providing capital for a 40,000-meter diamond drilling program targeting resource expansion and grade upgrades at Red Silver and Tangana West areas, underground infrastructure enhancements such as ventilation and access improvements under the "Plan 100" initiative aiming for US$100 per tonne all-in sustaining costs, and acceleration toward 1,000 tonnes per day combined throughput by the second quarter of 2026; measured and indicated resources grew 18% and inferred resources 45% as of October 2024 following a fourfold increase in measured and indicated resources in 2023; Tangana achieved commercial production in January 2023 with ongoing operational optimizations improving grades and dilution control; and Plata development progresses with historic high-grade silver extraction data supporting near-term production upside. The company targets mid-tier silver producer status with ambitions for 6 million ounces of annual silver equivalent output through organic growth in production, development, and exploration while emphasizing responsible mining practices and stakeholder value in the Americas-focused polymetallic sector.
Company News
Silver X Grows the AgEq Processed by 42% and Gold 119% YoY As Nueva Recuperada Plant Expansion to 1,000 tpd Advances
Silver X Increases Measured and Indicated Resources 173% to 10.4 Mt at 213 g/t AgEq (70.8 Moz AgEq) and Inferred Resources 43% to 21.6 Mt at 252 g/t AgEq (180.9 Moz AgEq)
Silver X Mining Corp. Reports Record 2Q26 Revenue of $17.3M, up 29% over 1Q26, and $7.7M of First-Half Net Income
Silver X Expands Red Silver Drill Program More Than Five-Fold to 6,650 Meters Following High-Grade Channel Sampling Results
Silver X Delivers Record Quarterly Production During the Second Quarter of 2026
Silver Bow Mining Added to Russell 3000, MicroCap Indexes
Silver X Mining Corp. Announces Appointment of Joseph Gallucci to Board of Directors
Silver X Acquires 100% of Ccasahuasi: A Gold System Next Door to a Producing Mine, Defined with Only 903 Meters of Drilling and Open Along Strike and at Depth
Silver X Intersects 40.71 m True Width at 98.7 g/t AgEq (69.53 g/t Ag, 0.87% Pb, 0.28% Zn) at Blenda Rubia, Including 4.12 m of 274.5 g/t AgEq
Silver X Mining Corp. Delivers Record 1Q26 Results with $4.6M Net Income and Significant Balance Sheet Expansion
Silver Bow Mining Corp. Initiates Chief Joseph Portal and Underground Decline Rehabilitation
Silver X Mining Begins Trading on OTCQX, Expanding Access to U.S. Investors
OTC Markets Group Welcomes Silver X Mining Corp. to OTCQX
Silver Bow Mining Corp. Leadership to Ring the Opening Bell at the NYSE
Silver Bow Mining Corp. Announces Commencement of Surface Drilling at Butte Project
Silver X Delivers Strong 2025 Financial Results with Margin Expansion and Clear Path to Growth
Silver X Mining Corp. Announces Appointment of Mark NJ Ashcroft to Board of Directors
Silver X Intersects up to 17.86 m True Width at Blenda Rubia, Advancing Scalable Mining Strategy
Silver X Delivers Production Growth During the First Quarter of 2026
Silver X Acquires the High-Grade Pampas Gold-Silver Project, Expanding its Precious Metal Asset Base in Peru