Silver X Acquires High-Grade Pampas Project in Peru

Silver X Mining Corp. has finalized an agreement to acquire the Pampas Gold-Silver Project in Huancavelica, Peru. The 7,712.5-hectare site introduces a high-grade exploration asset to Silver X's portfolio. Historic samples reflect grades up to 85.9 g/t gold and 1,065 g/t silver across 36 mapped veins. Despite historical exploration, the area lacks systematic drill tests, prompting an initial 5,000-meter drilling plan.

The acquisition enhances Silver X’s asset base, aligning with its strategy of becoming a multi-asset company. Located near its Nueva Recuperada Property, Pampas promises exploration upside within a significant polymetallic belt. CEO José M. Garcia highlighted its potential, citing the historical grades and underexplored status as key factors.

This move follows Silver X's goal to expand precious metal assets with a focus on high-grade opportunities. By leveraging existing operations, the company aims for growth through production and discovery at Pampas.