High-Growth Silver Producer in the Americas
Stock Code:
TSXV:AGX, OTCQB:AGXPF
Company Exposure:
Silver
Project Location:
Peru
Silver X Mining is a rapidly expanding silver developer and producer based in the Americas. Their mission is to be the premier silver company that delivers outstanding value to all stakeholders by consolidating and developing undervalued assets, adding resources, and increasing production while aspiring towards social and environmental excellence.
The company boasts a +20,000ha land package that comprises the Nueva Recuperada Silver District in Central Peru with three mining units: Tangana, Plata, and Red Silver. Current production is from the Tangana Mining Unit, which produces silver, gold, lead, and zinc.
Investment Highlights
Increasing Production:
- Tangana Mine Unit producing at 600tpd
- Expanding to 720tpd (~2Moz AgEq/yr)
- Focusing on silver, gold, lead, and zinc extraction
- New Plata Mine Unit expected to come online in 2026
Growing Resources:
- Robust organic growth pipeline of production, development, and exploration assets
- M&I resources increased by 18% in October 2024
- In 2023, Silver X increased M&I resources 4x vs previous years
- Active ~3,800ha Plata Mine Unit with 17 surface-exposed mineralized veins (0.6-1.0m)
- Previous historic mining operations extracted ~1.8MT with average Ag grade of 16.03oz/t
Outstanding Potential:
- Silver X boasts a significant land package spanning 20,472ha
- Extensive vein fields with +200 targets and +500 veins and splits identified
- Historical production accounts for +200Moz Ag produced in 30km radius
- Mines and concessions acquired from industry leaders such as Buena Ventura, Pan American Silver, and Barrick Gold
