Silver X Mining is pleased to report its financial results for the three and six months ended June 30, 2024 for the Nueva Recuperada Project in Central Peru. Q2 2024 Financial Highlights Generated revenues of $6.2 million, representing a 31% increase when compared to the quarter ended March 31, 2024 and 34% increase when compared to the quarter ended June 30, 2023 . Operating income of $0.5 million compared with an [...]
Silver X Mining wishes to announce that Sebastian Wahl will be stepping down as Vice President, Corporate Development of the Company to pursue other opportunities. Mr. Wahl will remain a director of the Company. In connection with this transition and his consulting agreement with the Company, the Company has agreed to issue Mr. Wahl an aggregate of 1,261,956 common shares of the Company at a price of C$0.23 per share. The [...]
Silver X Mining is pleased to announce its operating results for the second quarter ending June 30, 2024 at the Company's Nueva Recuperada property in Peru. Q2 2024 Production Highlights Demonstrated a significant increase in tonnage mined, with a raise of 20 per cent from Q1 2024, and 33 per cent from Q2 2023, continuing production upscaling. Achieved an 8 per cent increase in the production of AgEq ounces. Processed [...]
Silver X Mining announced the appointment of David Gleit as Chief Financial Officer, effective immediately. David succeeds Jason Tong, who served as the Company's interim CFO and who will remain with the Company as the corporate controller. David brings more than 25 years of experience as a financial executive with a strong background in international mining, construction, and asset-management. He has advised and led [...]
Silver X Mining Corp. is pleased to announce the signing of a 15-year social agreement with the Community of Carhuapata in Huancavelica in Peru. This in addition with the 12-year agreement with the Community of Huachocolpa signed on November 6, 2023. This new social contract grants Silver X Mining access to the totality of the Plata Mining Area. Highlights of the Agreement Duration: The 15-year agreement encompasses 100 [...]
Silver X Mining Corp. is pleased to report its financial results for the three months ended March 31, 2024, for the Nueva Recuperada Project in Central Peru. Q1 2024 Financial Highlights Generated revenues of $4.8 million. Cash costs of $15.36 per silver equivalent ounce produced and All-In Sustaining Cost of $21.36 per AgEq ounce produced, reflective of the sustaining capital expenditure invested in the development of [...]
Silver X Mining Corp. is pleased to report its financial results for the three months and year ended December 31, 2023, for the Nueva Recuperada Project in Central Peru. Q4 2023 Financial Highlights Q4 2023 Cash costs of $18.22 per Silver Equivalent ounce produced and All-In-Sustaining Cost of $24.96 per AgEq ounce produced, reflective of the sustaining capital expenditure invested in the development of the Tangana [...]
Silver X Mining Corp. , an expanding silver developer and producer in Central Peru, is pleased to announce its operating results for the first quarter ending March 31, 2024 at the Company's Nueva Recuperada property in Peru. Q1 2024 Production Highlights Demonstrated a significant increase in mining tonnage, with a raise of 20 per cent from Q4 2023, marking a robust continuation of production upscaling since the pivotal [...]
Silver X Mining Corp. announces that it has closed the second and final tranche of its previously announced non-brokered private placement offering with the placement of 21,621,577 units at a price of $0.18 per Unit for gross proceeds of $3,891,884. On April 4, 2024, the Company announced the closing of the first tranche of the Private Placement with proceeds of $1,108,116. In total, the Company has placed 27,777,776 [...]
Silver X Mining Corp. is pleased to announce that, as a result of demand, it has increased the size of its previously announced non-brokered private placement of Units . Silver X will now raise aggregate gross proceeds of up to C$5,000,000 at $0.18 per unit . Each Unit will consist of one common share and one half of one Share purchase warrant with each whole Warrant entitling the holder to purchase one Share of the [...]
Silver X Mining Corp. announces that the Company has closed the first tranche of its previously announced non-brokered private placement offering with the placement of 6,156,199 units at a price of $0.18 per Unit for gross proceeds of $1,108,116. Each Unit consists of one common share and one half of one Share purchase warrant with each whole Warrant entitling the holder to purchase one Share of the Company at a price of [...]
All dollar amounts reflected in Canadian dollars unless otherwise stated. Silver X Mining Corp. announces a non-brokered private placement of up to 11,111,111 units at a price of $0.18 per Unit for gross proceeds of up to $2,000,000. Each Unit will be comprised of one common share and one half of one Share purchase warrant with each whole Warrant entitling the holder to purchase one Share of the Company at a price of [...]