Welcome to our dedicated page for Silver X Mining news (Ticker: AGXPF), a resource for investors and traders seeking the latest updates and insights on Silver X Mining stock.
Silver X Mining Corp. reports developments tied to its precious-metals exploration, development and production platform in Peru. Recurring updates cover operating and financial results from the Nueva Recuperada Project, production activity at the Tangana Mining Unit, underground drilling and mine-development work at Blenda Rubia, and portfolio expansion through the Pampas gold-silver project.
Company news also includes capital-structure actions such as secured convertible debenture financings, board and governance changes, and operating plans for multiple mining fronts. The disclosures center on silver-polymetallic mineralization, processing performance, unit-cost trends, project development, and the funding used to support exploration, development capital and working capital.
Silver X (OTCQB:AGXPF) reported high‑grade underground channel sampling at Red Silver, Nueva Recuperada, Huancavelica, Peru, including 735 g/t Ag over 65 m and 649 g/t Ag over 40 m, plus additional Rossana vein shoots up to 497 g/t Ag and 1.98% Zn. Samples were collected on Level 810 with QA/QC and assayed at an ISO‑certified Lima lab. In response, the company announced an ~1,200‑metre underground diamond drill program (15 holes) to test vertical and lateral continuity and plans underground development on Level 860 (~50 m above) to access up‑dip extensions.
Silver X Mining (OTCQB:AGXPF, TSXV:AGX) reported production results for the quarter ended December 31, 2025 at its Nueva Recuperada project in Peru. Processed tonnage rose to 41,635 tonnes in 4Q25 from 33,505 tonnes in 3Q25 (+24% QoQ). Silver equivalent production increased to 266,995 AgEq oz in 4Q25 versus 227,315 AgEq oz in 3Q25 (+17% QoQ). Average silver price used in AgEq calculations was ~US$55/oz in 4Q25 compared with US$40/oz in 3Q25. Gold production climbed to 667 oz in 4Q25 from 398 oz in 3Q25 (+67% QoQ). The company reiterated its 40,000-meter drilling program and ongoing underground development to support further production and resource expansion.
Silver X Mining (OTCQB:AGXPF) announced a management update on December 22, 2025 naming Alvaro Domingo as Vice President, Corporate Development and Commercial.
Mr. Domingo was promoted from General Manager of Administration and Finance at the company's Peruvian operating subsidiary, Recuperada S.A.C., after more than four years with Silver X. The company said the appointment is intended to strengthen its corporate development and commercial capabilities while leveraging Mr. Domingo's administrative, financial, operational and commercial experience.
Silver X Mining (OTCQB:AGXPF, TSXV:AGX) announced on December 17, 2025 the grant of equity incentives to directors and officers under its omnibus incentive plan dated August 9, 2024.
The company granted 450,000 restricted share units with a 1-year term and 900,000 stock options with a C$0.79 exercise price and a 6-year term. All grants are subject to TSX Venture Exchange approval.
Silver X Mining (OTCQB:AGXPF, TSX-V:AGX) was invited to present at a Private Investor's Round Table on November 25, 2025 at 6:00 PM at The Mar-a-Lago Club in Palm Beach, Florida. The invitation comes from Money Ball Networks and Money Channel NYC and targets accredited and high-net-worth investors.
Company executives will discuss operational performance, growth strategy, and the outlook for the silver and broader mining sector. Investors seeking follow-up meetings are directed to contact ir@silverxmining.com.
Silver X Mining Corp (OTCQB:AGXPF) announced on October 30, 2025 that it has engaged an independent strategic advisory firm co-led by Ernesto Balarezo and Patricia Kosa and appointed Ricardo Martínez as General Manager, effective immediately.
The advisory mandate is non‑exclusive and focuses on operational transformation, organizational effectiveness and performance management. The company intends to issue up to 450,000 stock options to the team, vesting over 12 months and subject to TSX Venture Exchange approval.
Silver X (OTCQB:AGXPF) announced a 40,000‑meter diamond drill program at Nueva Recuperada, Peru, funded by a recent Bought Deal financing to accelerate exploration, underground development, and operational improvements.
The company targets production of 1,000 tpd by 2Q26 (about a 40%+ increase) and pursues its "Plan 100" to reach combined operating and sustaining costs of US$100/tonne. A September 2025 PEA outlines a long‑term 3,000 tpd expansion and potential production of ~6.2M oz AgEq annually. The program will test high‑grade satellite targets with reported grades of 15–20 oz/tonne/b).A cautionary note states current production decisions rely on inferred resources and carry increased technical and economic uncertainty.
Silver X (TSXV:AGX / OTCQB:AGXPF) filed a NI 43-101 Preliminary Economic Assessment effective May 31, 2025 for the Nueva Recuperada district-scale project.
Key PEA metrics: After-tax NPV $439M (5%), LOM 14 years at 3,000 tpd, average annual production ~6.2 Moz AgEq, initial CapEx $82M, after-tax payback 3.0 years, LOM cash costs 11.8/oz AgEq and AISC 15.8/oz AgEq. Study supports two mills at Tangana and Plata and follows an oversubscribed bought deal financing.
Silver X Mining (OTCQB:AGXPF) has successfully completed two private placements for total gross proceeds of C$21.5 million. The financing consists of a C$16 million brokered offering and a C$5.5 million non-brokered offering, with units priced at C$0.50 each.
Each unit includes one common share and a half warrant, with whole warrants exercisable at C$0.70 until September 29, 2028. The company issued a total of 43 million units, with underwriters receiving C$1.26 million in fees and 2.52 million broker warrants.
The proceeds will fund capital and exploration expenditures at the company's Nueva Recuperada Silver District in Peru, along with working capital and corporate purposes. CEO José García highlighted this as a transformative milestone enabling significant advancement in exploration, resource conversion, and production scale.
Silver X Mining (OTCQB:AGXPF) has announced a combined financing initiative comprising a non-brokered private placement and a bought deal offering for total potential proceeds of up to C$21.5 million.
The non-brokered offering aims to raise between C$3-5.5 million through the sale of 6-11 million units at C$0.50 per unit. Concurrently, the bought deal offering seeks to raise C$13 million through 26 million units, with an over-allotment option for an additional C$3 million. Each unit includes one common share and a half warrant exercisable at C$0.70 for 36 months.
Proceeds will fund capital and exploration expenditures at the company's Nueva Recuperada Silver District in Peru, along with working capital needs. The offerings are expected to close on September 29, 2025.