Silver X Mining Corp. announces that it has closed the third and final tranche of its previously announced non-brokered private placement offering with the placement of a total of 8,600,750 units for aggregate gross proceeds of $2,580,225. Under the third and final tranche of the Offering, the Company sold an additional 1,384,000 Units at a price of $0.30 per Unit for additional gross proceeds of $415,200. On June 5 [...]
Silver X Mining Corp. announces that it has closed the second of its previously announced non-brokered private placement offering with the placement of 3,006,700 units at a price of $0.30 per Unit for gross proceeds of $902,010. On June 5, 2023, the Company announced the closing of the first tranche of the Offering with proceeds of $1,263,015. In total, the Company has placed 7,216,750 units for aggregate gross proceeds [...]
Silver X Mining Corp. announces that further to its news release of May 17, 2023, the Company has closed the first tranche of its previously announced non-brokered private placement offering with the placement of 4,210,050 units at a price of $0.30 per Unit for a gross proceeds of $1,263,015. Each Unit consists of one common share and one Share purchase warrant with each Warrant entitling the holder to purchase one Share [...]
Silver X Mining Corp. is pleased to announce the appointment of Enrique Garay, P.Geo., as Chief Operating Officer effective June 1, 2023. The appointment of a new COO is part of the Company's commitment to operational improvement and its overarching strategy to ensure its growth potential at the Nueva Recuperada Project in Peru. Mr. Garay is a seasoned senior exploration and mine geologist with almost 30 years of [...]
Generated revenues of $4.6 million, sustaining capital expenditures at Tangana while production ramp up continues Silver X Mining Corp. is pleased to report its interim financial results for the three months ended March 31, 2023 for the Nueva Recuperada Project in central Peru. "The year is off to a great start as ramp up of production progressed and strong metals prices contributed to revenues of $4.6 million," stated [...]
Silver X Mining Corp. reports that the asset purchase agreement previously announced on April 17, 2023, to acquire the Revenue-Virginius Mine and certain related assets from Alliance Management LLC, as receiver under a court supervised receivership in Ouray County, Colorado has been terminated. "We have worked diligently on creating a plan for the acquisition of the Revenue Mine that would generate value for all [...]
All dollar amounts reflected in Canadian dollars unless otherwise stated. Silver X Mining Corp. announces a non-brokered private placement of up to 10,000,000 units at a price of $0.30 per Unit for gross proceeds of up to $3,000,000. Each Unit will be comprised of one common share and one Share purchase warrant with each Warrant entitling the holder to purchase one Share of the Company at a price of $0.45 per Share for a [...]
Solid results amid improving efficiencies and throughput while ramp up of production continues at Nueva Recuperada Silver X Mining Corp. reports production results for the three months ended March 31, 2023, for the Company's wholly-owned Nueva Recuperada project in central Peru. First Quarter 2023 Production Highlights Declared commercial production in January 2023 and returned to targeted throughput in January after a [...]
Silver X Mining Corp. announces that it has entered into an asset purchase agreement to acquire the Revenue-Virginius Mine and certain related assets located in the San Juan Mountains near Ouray, Colorado from Alliance Management LLC , as receiver under a court supervised receivership in Ouray County, Colorado . The Acquisition remains subject to several closing conditions, including, without limitation, the approval of [...]
Revenues of $13.9 million on 0.9 million AgEq ounces produced; 2023 expected to build on momentum with increasing production and exploration maximizing the potential of the Nueva Recuperada Silver District Silver X Mining Corp. announces financial results for the three- and 12-month period ended December 31, 2022, for the Nueva Recuperada Silver District in Peru. "This was a transformational year for Silver X as we [...]
Silver X Mining Corp. reports that further to its news release dated February 14, 2023 , it has filed pursuant to National Instrument 43-101 Standards of Disclosure for Mineral Projects an independent technical report titled "Nueva Recuperada, Huancavelica, Peru. Preliminary Economic Assessment" in connection with the Nueva Recuperada Property, including a preliminary economic assessment on the Tangana Mining Unit [...]
Positive PEA results support the Company's vision to increase production and processing capacity to 2,200 tpd Silver X Mining Corp. announces positive results of a Preliminary Economic Assessment for the expansion of the Tangana Mining Unit , the flagship asset within the Company's 100% owned Nueva Recuperada Silver District, which declared commercial production in January 2023. The PEA was prepared in accordance with [...]