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 [...]
Company's Next Brownfield Target at Nueva Recuperada Silver X Mining Corp. reports its prioritization of the Plata Mining Unit as its next brownfield renovation located within the Company's flagship Nueva Recuperada Silver District in central Peru. This renovation is in addition to the primary production at Nueva Recuperada. A former producing area of the project with abundant veins that have been only lightly exploited [...]
Silver X Mining Corp. , a rapidly expanding silver developer and producer in Central Peru, is pleased to announce its operating results for the fourth quarter ending December 31, 2023 at the Company's Nueva Recuperada property in Peru. Q4 2023 Production Highlights Processing of 354,205 oz AgEq in Q4, 193% increase with respect to the previous quarter. Similar production levels as Q1 2023 . Successful restart of [...]
Silver X Mining Corp. , a rapidly expanding silver developer and producer in Central Peru, is pleased to announce that it has granted 225,000 Restricted Share Units with a term of 1 year and 2,050,000 stock options to directors, officers, employees and a consultant of the Company, in accordance with the Company's RSU plan and share option plan, respectively. Each Option will have an exercise price of C$0.265, and 250,000 [...]
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