Silver X Delivers Production Growth During the Fourth Quarter of 2025

Core Viewpoint - Silver X Mining Corp. reported strong operational results for the fourth quarter of 2025, highlighting significant growth in production and throughput at its Nueva Recuperada property in Peru, which positions the company for sustained production growth and value creation [3][10]. Production Highlights - Processed tonnage increased to 41,635 tonnes in 4Q25, up 24% from 33,505 tonnes in 3Q25 [8]. - Silver equivalent ounces ("AgEq") processed rose to 266,995 oz in 4Q25, a 17% increase from 227,315 oz in 3Q25, driven by higher throughput while maintaining consistent head grades [8]. - Gold production increased to 667 ounces in 4Q25, representing a 67% quarter-over-quarter increase from 398 ounces in 3Q25 [8]. - Average silver prices in 4Q25 were approximately US$55/oz, up from US$40/oz in 3Q25, indicating operational stability despite higher prices [8][6]. Strategic Initiatives - The company is advancing a 40,000-meter drilling program and developing new mining fronts to support both near-term production growth and long-term resource expansion [4][3]. - Continued investment in underground development and improved operational coordination are expected to facilitate further production growth in upcoming quarters [3]. Future Outlook - Silver X aims to scale production at the Tangana Mining Unit and plans to restart the Plata Mine, targeting approximately 6 million AgEq ounces annually by 2029 [10].