Silver X Mining Corp. (TSXV: AGX) has reported a pre-tax profit for the first quarter of 2025, driven by increased silver production and continued operational improvements at its Nueva Recuperada project in Peru.
The company achieved a 22% quarter-over-quarter increase in tonnes processed, with silver equivalent production rising to 567,203oz, up from 449,175oz in Q4 2024. Additionally, total revenue for Q1 2025 was US$6.7M, compared to US$5.1M in the previous quarter.
Silver X’s CEO, José Garcia, highlighted the significance of the results, stating, “Q1 marked another strong quarter for Silver X, with record production, rising revenues, and a return to pre-tax profitability. We are also encouraged by the results of our ongoing brownfield exploration campaign at Tangana.”
Looking ahead, the company will continue to focus on ramping up production and expanding resources across its portfolio.
For more information, visit: www.silverxmining.com
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