Silver X Mining Corp Reports Significant Production Growth at Nueva Recuperada
Silver X Mining Corp (TSXV: AGX, OTCQB: AGXPF, FRA: AGX) announced its operating results for the fourth quarter of 2025 (ending December 31, 2025) at its Nueva Recuperada project in Peru. The company highlighted a substantial increase in both throughput and metal output, underscoring its ongoing expansion strategy.
Production Highlights
| Metric | 4Q 25 | 3Q 25 | Change |
|---|---|---|---|
| Processed tonnage | 41,635 t | 33,505 t | +24 % |
| Silver‑equivalent ounces (AgEq) | 266,995 oz | 227,315 oz | +17 % |
| Gold production (Au) | 667 oz | 398 oz | +67 % |
The 24 % sequential increase in processed tonnage was driven primarily by higher throughput. Silver‑equivalent output rose 17 % while maintaining consistent head grades. Gold production grew 67 % year‑on‑year, reinforcing the company’s revenue mix and cash‑flow profile.
Pricing Context
Average silver prices in 4Q 25 were approximately US$55 per ounce, compared with US$40 per ounce in 3Q 25. Gold prices used in the AgEq calculation were US$4,168 per ounce. Despite higher metal prices, the company managed to increase production, indicating operational stability.
Management Commentary
CEO José M. Garcia noted that the quarter “marks an important step forward in Silver X’s operational ramp‑up.” He highlighted that increased throughput, operational coordination, and underground development have positioned the company for further growth. The company is also advancing a 40,000‑meter drilling program and developing new mining fronts within the district, which are expected to support near‑term production growth and long‑term resource expansion.
Technical Review
The technical content of the release was reviewed and approved by Qualified Person Mr. A. David Heyl, B.Sc., C.P.G, in compliance with NI 43‑101 standards.
Market Impact
Silver X’s share price closed at CAD 0.99 on 2026‑01‑07, reflecting a recent 52‑week high of CAD 1.19 (2025‑12‑29) and a low of CAD 0.12 (2025‑04‑06). The company’s market capitalization stands at CAD 271,385,248. The price‑earnings ratio is –91.18, indicating that the company is not yet profitable at the current valuation.
The company’s performance in the fourth quarter supports its strategy of increasing mining and processing capacity while maintaining grade consistency, positioning Silver X for sustained production growth and meaningful district‑scale value creation.
