BRIEF

on Silver X Mining Corp. (CVE:AGX)

Silver X Reports 42% Growth in Silver Equivalent and 119% in Gold Year-over-Year

Silver X Mining Corp., based in Vancouver, has announced substantial production growth at its Nueva Recuperada property in Peru for Q3 2026. The company reported a 63% increase in throughput, with ore mined more than doubling year-over-year, rising to 60,694 MT. Gold processing saw a 119% boost, with 1,641 ounces compared to 751 ounces the previous year. Silver and silver equivalent (AgEq) also showed impressive increases of 47% and 42%, respectively.

The plant expansion to 1,000 tonnes per day (tpd) is progressing, although throughput was restricted during equipment installation, averaging 594 tpd. Additionally, Silver X advanced underground development at the Tangana mine to prepare for increased production rates.

The company expects the plant to reach its targeted capacity in Q4 2026, supporting continued growth into 2027 despite temporary lower head grades for silver, lead, and zinc during the expansion phase.

R. H.

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