Annonce • Jun 03

Silver X Mining Corp Reports New Underground Diamond Drill Results from Blenda Rubia Target

Silver X Mining Corp. has reported new underground diamond drill results from the Blenda Rubia target, located within the Company's Nueva Recuperada Unit in central Peru. The latest results from hole DDH-BR-016 continue to confirm that Blenda Rubia is evolving into a broader and more scalable polymetallic mineralized system than would be implied by a simple narrow-vein interpretation. The repetition of broad mineralized intercepts across multiple drill holes indicates that these wider zones are not isolated local features, but rather part of a mineralized system with the potential to support a larger mining footprint, increased operational flexibility and, over time, a more scalable development scenario. Hole DDH-BR-016 was drilled from Platform No. 003 to a final depth of 305.70 meters and intersected a mineralized structural zone of 104.20 meters apparent width, equivalent to 40.71 meters true width, between 179.30 meters and 283.50 meters. The interval returned average grades of 69.53 g/t Ag, 0.87% Pb, 0.28% Zn and 0.02% Cu, equivalent to 98.7 g/t AgEq. These results confirm continuity of the polymetallic system at depth, approximately 60 meters below the last level historically recognized by Buenaventura, and reinforce the Company's view that Blenda Rubia may support a more ambitious ramp-up scenario as drilling continues to expand the scale and continuity of the mineralized corridor. The Company interprets these results as further evidence that mineralization at Blenda Rubia is not restricted to discrete veins, but is instead developed within a broader mineralized corridor composed of principal veins, tensional structures, moderate veinlet stockworks, silicified horses and altered host rock. This broader geometry is increasingly important from a corporate perspective, as it may enhance the project's scalability, support wider mineable zones in selected sectors, and strengthen Blenda Rubia's potential role in Silver X's production ramp-up strategy at Nueva Recuperada. DDH-BR-016 intersected 104.20 meters apparent width, equivalent to 40.71 meters estimated true width, grading 69.53 g/t Ag, 0.87% Pb, 0.28% Zn, 0.02% Cu, equivalent to 98.7 g/t AgEq. Vein 1 returned 4.12 meters estimated true width grading 209.78 g/t Ag, 2.10% Pb, 0.61% Zn, 0.01% Cu (274.5 g/t AgEq), representing the highest-value internal interval within the broader mineralized zone. Vein 3 returned 2.64 meters estimated true width grading 140.37 g/t Ag, 1.25% Pb, 0.12% Zn, 0.01% Cu (172.1 g/t AgEq). An additional tensional structure returned 2.85 meters estimated true width grading 94.42 g/t Ag, 1.25% Pb, 0.33% Zn, 0.01% Cu (132.4 g/t AgEq). The intercept lies at an approximate elevation of 4,160 masl, approximately 60 meters below the last level recognized by Buenaventura at Level 210 (4,220 masl), confirming down-dip continuity of the Blenda Rubia polymetallic system. The results support the interpretation of Blenda Rubia as a broader polymetallic corridor comprising principal veins, tensional structures, moderate stockwork, silicified horses and altered wall rock, rather than mineralization restricted to discrete veins. Drill hole DDH-BR-016 recognized a mineralized structural zone from 179.30 meters to 283.50 meters, corresponding to 104.20 meters apparent width and 40.71 meters estimated true width. Across this broad interval, average grades were 69.53 g/t Ag, 0.87% Pb, 0.28% Zn and 0.02% Cu (98.7 g/t AgEq). These results confirm that mineralization at Blenda Rubia is not restricted to discrete veins, but instead develops within a broader mineralized corridor comprising principal veins, tensional structures, moderate stockwork, silicified horses and altered wall rock. When viewed together with previously reported wide intercepts such as DDH-BR-003, DDH-BR-005 and DDH-BR-009, DDH-BR-016 indicates that these broad mineralized packages are not isolated local occurrences. Rather, they appear to be a repetitive feature of the system that may support project scale-up and wider mining fronts in selected sectors as exploration advances. Table 2. Results from DDH-BR-016: Structure From (m) To (m) Apparent Width (m) Estimated True Width (m) Ag (g/t) Pb (%) Zn (%) Cu (%) AgEq (g/t) Mineralized zone 179.30 283.50 104.20 40.71 69.53 0.87 0.28 0.02 98.7 Includes Vein 3 215.15 221.40 6.25 2.64 140.37 1.25 0.12 0.01 172.1 Includes Vein 1 228.70 238.45 9.75 4.12 209.78 2.10 0.61 0.01 274.5 Includes Tensional structure 246.15 252.90 6.75 2.85 94.42 1.25 0.33 0.01 132.4. Silver-equivalent grade is calculated on a metal-price basis (recoveries not applied) as AgEq (g/t) = Ag + [(Pb% × 20.94) + (Zn% × 28.66) + (Cu% × 94.80)] ÷ 0.9645, using assumed prices of USD 0.96/g Ag, USD 0.95/lb Pb, USD 1.30/lb Zn and USD 4.30/lb Cu (to be confirmed against the official price deck). Geological Interpretation: The results from DDH-BR-016 reinforce the interpretation of Blenda Rubia as a larger-scale, mesothermal polymetallic lode vein system in which mineralization is distributed across a broad structural corridor and not solely within a single discrete vein. The broad interval intersected in DDH-BR-016 is consistent with the Company's previously reported wide intercepts in DDH-BR-003, DDH-BR-005 and DDH-BR-009, supporting the view that these wide veining packages are repetitive and laterally meaningful components of the system rather than isolated local zones. Within the interval from 215.15 meters to 221.40 meters, corresponding to Vein 3, the hole intersected a hydrothermal breccia vein with patches of galena and subrounded clasts of silicified tuff. In the interval from 228.70 meters to 238.45 meters, associated with Vein 1, the hole intersected a hydrothermal breccia vein with galena over sphalerite, pyrite as fine spots, later gray silica injection and clasts with alteration rims. This configuration indicates that the principal veins do not define the external limits of the system, but instead form part of the broader mineralized system. Accordingly, Blenda Rubia may be interpreted as a polymetallic mesothermal vein corridor with the potential to develop wider mineable widths in selected sectors. The recurrence of wide intercepts in multiple holes also strengthens the case that the project can be scaled beyond a strictly narrow-vein concept as drilling continues. The significance of DDH-BR-016 lies in its confirmation of mineralized continuity at depth while maintaining substantial thickness and demonstrating potential for further extension of the lode system. Positioned approximately 60 meters below the last level recognized by Buenaventura, the hole adds depth confirmation to a pattern of repetitive wide intercepts and demonstrates that the broader mineralized lode vein intercepts are in multiple locations.

Annonce • Jul 20

Silver X Mining Corp. Provides an Update on Mining, Mine Development and Exploration Activities at its Nueva Recuperada Project in Huancavelica, Peru

SILVER X MINING CORP. provided an update on recent mining, mine development and exploration activities at its Nueva Recuperada Project located in Huancavelica, Peru. Silver X's Nueva Recuperada project lies in the heart of Peru's premier silver-lead-zinc belt. The 15,000-hectare district-sized project was assembled through acquisitions from major silver producers such as Compañia de Minas Buenaventura SAA (BVN) and Pan American Silver (PASS). The Nueva Recuperada project includes: (i) the Tangana Mine, a 500 tpd precious and base-metal operation; (ii) Esperanza, a historic silver-polymetallic mine with exploration upside; (iii) Maria Luz, a highly prospective silver vein system; and (iv) San Antonio vein, within the Tangana mining unit. The Nueva Recuperada project has a reported 7,324,000 tonnes inferred resource at grades of 130.32 g/t Ag, 3.17% Pb/T, 2.04% Zn/T and includes a 600 tpd fully permitted processing facility that has been operating since 2019. In detail: Tangana Mine - Silver, Gold, Lead & Zinc: The Tangana mine is currently producing an average of 500 tpd. The Tangana vein hosts 4,840,015 tonnes of inferred resource grading 116.33 g/t Ag, 3.35% Pb and 1.63% Zn2. Production infrastructure development at Tangana is being optimized by the recently completed 4,000-meter infill drill programme. Polymetallic resources at Tangana are hosted in both a carbonate zone that includes thick (4-meter average width) carbonate replacement-type veins and a large andesitic zone that hosts additional resources (1.4-meter average width veins). There is evidence of high and intermediate sulphidation mineralizing events throughout the Tangana Mine. In Third Quarter 2021, Silver X plans to develop a number of portals and other supporting mine infrastructure to access the Cauca, Morlupo and Tangana 2 veins. Esperanza - Silver, Lead & Zinc: Hosts a reported 85,226 tonne inferred resource grading 256.60 g/t Ag, 2.94% Pb and 4.84% Zn3. There is geological evidence at Esperanza of both high and intermediate sulphidation events. Historical drilling and recent surface mapping provide strong evidence for the presence of significant exploration upside. Maria Luz - Silver: Hosts a reported 195,159 tonne inferred resource grading 496.10 g/t Ag, 0.21% Pb and 0.34% Zn4. The Company is conducting a bulk sampling programme and will also target this silver rich vein system with a drilling programme in the second half of 2021. The company announced that since January 2021, through the processing of materials generated from underground development activities at the Tangana Mine, it has generated USD $6.5m in revenues from silver-polymetallic concentrate sales. Silver X also recently completed a 21-hole 4,000-meter Phase 1 underground infill drilling programme in Tangana. The Phase 1 programme has focused on upgrading and expanding the Company's reported 7.3 Mt inferred resource. Assay results from the Phase 1 infill drilling program will be published as they become available. Preliminary analysis of the infill drilling results at Tangana indicate that potentially economic mineralization appears to extend by an additional 100 metres horizontally and 150 metres vertically deeper into what is interpreted as a previously unexplored, open-ended, resource extension. In addition, the recently completed infill drill programme at Tangana is expected to: 1) Demonstrate the continuity of the mineralized structures 2) Improve the Company's geological understanding of mineralization potential 3) Outline new prospective horizons at depth and along strike within the Tangana deposit To date, exploration activities at Tangana have included diamond drilling, geological mapping, historical data validation, and geochemical and spectral sampling. Recent exploration activities coupled with previously reported data suggest that Nueva Recuperada hosts multiple silver-polymetallic exploration targets, in addition to having near-term potential for resource upgrades at a district scale. Based on the recent Phase 1 drill results and surface exploration at Nueva Recuperada, Silver X has commenced a Phase 2 drill programme comprised of a 9,000-metre underground drilling campaign with 2 underground rigs, whilst 2 surface diamond drill rigs will drill a further 6,000 metres across known silver-polymetallic and other newly identified geological greenfield targets. An additional 10,000 metres of exploration drilling, both underground and at surface, is planned to build upon early Phase 2 results in H1 2022. In total, 25,000 metres of drilling is planned over the next 12 months and a budget in excess of USD 5.0 million has been allocated for the Phase 2 drilling. Recent exploration efforts have confirmed the presence of new polymetallic veins and have also identified carbonate replacement manto prospects and skarns on the concessions. Preliminary field data results support the highly prospective nature of these new target areas and will be reported on separately in the coming weeks. The focus of the Phase 2 diamond drilling exploration program is the upgrading of existing resources as well as the identification of resource extensions on the three most advanced targets, Tangana, Esperanza and Maria Luz. All in all, the expanded Phase 2 diamond drill programme is targeting: Tangana: Resource upgrading and evaluation of the Tangana, Cauca, Las Animas, Estrella and Morlupito veins. Drilling is underway in this zone. Esperanza: Infill drilling and historical data validation, starting H1 2022. Maria Luz: Evaluation of Silver-polymetallic vein structures, starting H2 2021. Mantos: Starting Fourth Quarter 2021, exploration surface drilling is planned to evaluate polymetallic skarn-replacement mineralizing potential on the Mantos Project, situated within limestones and located nearby and east of the Tangana Mine.

Ratio de couverture des intérêts	7.4x
Argent liquide	US$53.80m
Fonds propres	US$43.59m
Total du passif	US$85.97m
Total des actifs	US$129.56m

Données	Dernière mise à jour (heure UTC)
Analyse de l'entreprise	2026/06/15 08:41
Cours de l'action en fin de journée	2026/06/15 00:00
Les revenus	2026/03/31
Revenus annuels	2025/12/31

Paquet	Données	Cadre temporel	Exemple de source américaine ^*
Finances de l'entreprise	10 ans	Compte de résultat Tableau des flux de trésorerie Bilan	Formulaire 10-K de la SEC Formulaire 10-Q de la SEC
Estimations consensuelles des analystes	+3 ans	Prévisions financières Objectifs de prix des analystes	Rapports de recherche des analystes Blue Matrix
Prix du marché	30 ans	Cours des actions Dividendes, scissions et actions	Données de marché ICE Formulaire S-1 de la SEC
Propriété	10 ans	Actionnaires principaux Délits d'initiés	Formulaire 4 de la SEC Formulaire 13D de la SEC
Gestion	10 ans	L'équipe dirigeante Conseil d'administration	Formulaire 10-K de la SEC Formulaire SEC DEF 14A
Principaux développements	10 ans	Annonces de l'entreprise	Formulaire 8-K de la SEC

Analyste	Institution
Siddharth Rajeev	Fundamental Research Corp.
Alina Islam	Red Cloud Securities

Silver X Mining Bilan de santé

Santé financière contrôle des critères 4/6

Informations clés

Mises à jour récentes de la santé financière

Recent updates

New minor risk - Share price stability

Less than half of directors are independent

Silver X Mining Corp. Appoints Joseph Gallucci to Its Board of Directors, Effective 09 June 2026

Silver X Mining Corp Reports New Underground Diamond Drill Results from Blenda Rubia Target

Silver X Has 152 Million Ounces, Already Producing and Its Biggest Growth Phase May Still Be Ahead

Full year 2025 earnings: Revenues exceed analysts expectations while EPS lags behind

A Case for Silver X reaching CAD$18 by 2031 (a possible 30 bagger)

Silver X Mining Corp. announced that it has received CAD 60 million in funding

Silver X Mining Corp. announced that it expects to receive CAD 60 million in funding

What Silver X Mining Corp.'s (CVE:AGX) 41% Share Price Gain Is Not Telling You

Silver X Mining Corp. Announces Results from the First Three Underground Diamond Drill Holes Completed as Part of Its Deep Exploration Program At the Blenda Rubia Mine, Within the Nueva Recuperada Project in Central Peru

Silver X Mining Corp. Announces 1,200-Metre Drill Program to Test Continuity

Independent Director recently sold CA$186k worth of stock

New minor risk - Profitability

What Silver X Mining Corp.'s (CVE:AGX) 41% Share Price Gain Is Not Telling You

Third quarter 2025 earnings released: US$0.001 loss per share (vs US$0.011 loss in 3Q 2024)

New major risk - Revenue and earnings growth

Silver X Mining Corp. Files Preliminary Economic Assessment Demonstrating District -Scale Project

Silver X Mining Corp. (CVE:AGX) Stock Rockets 27% As Investors Are Less Pessimistic Than Expected

New major risk - Shareholder dilution

Silver X Mining Corp. announced that it has received CAD 13 million in funding

Silver X Mining Corp. announced that it has received CAD 5.5 million in funding

Forecast to breakeven in 2026

Silver X Mining Corp. announced that it has received CAD 5.5 million in funding

Silver X Mining Corp. announced that it expects to receive CAD 10 million in funding

Shareholders May Not Be So Generous With Silver X Mining Corp.'s (CVE:AGX) CEO Compensation And Here's Why

Silver X Mining Corp. (CVE:AGX) Stock Catapults 36% Though Its Price And Business Still Lag The Industry

New minor risk - Share price stability

Second quarter 2025 earnings released: EPS: US$0 (vs US$0.001 loss in 2Q 2024)

New major risk - Revenue and earnings growth

Silver X Mining Corp., Annual General Meeting, Sep 12, 2025

Insufficient new directors

New minor risk - Share price stability

First quarter 2025 earnings released: US$0.002 loss per share (vs US$0.004 loss in 1Q 2024)

New major risk - Revenue and earnings growth

Full year 2024 earnings: EPS in line with expectations, revenues disappoint

New major risk - Shareholder dilution

Silver X Mining Corp. announced that it has received CAD 3.5 million in funding

Lacklustre Performance Is Driving Silver X Mining Corp.'s (CVE:AGX) Low P/S

Silver X Mining Corp. announced that it expects to receive CAD 3 million in funding

Third quarter 2024 earnings released: US$0.011 loss per share (vs US$0.013 loss in 3Q 2023)

Revenues Working Against Silver X Mining Corp.'s (CVE:AGX) Share Price Following 25% Dive

Silver X Mining Corp. announced that it expects to receive CAD 5 million in funding

Silver X Mining Corp. Announces Resignation of Sebastian Wahl as Director

Silver X Mining Corp.'s (CVE:AGX) Shares Bounce 33% But Its Business Still Trails The Industry

New major risk - Financial position

Second quarter 2024 earnings released: US$0.001 loss per share (vs US$0.008 loss in 2Q 2023)

New major risk - Revenue and earnings growth

VP of Corporate Development & Director recently sold CA$51k worth of stock

Not Many Are Piling Into Silver X Mining Corp. (CVE:AGX) Stock Yet As It Plummets 26%

New minor risk - Insider selling

Silver X Mining Corp., Annual General Meeting, Sep 13, 2024

Silver X Mining Corp. Announces CFO Changes

Silver X Mining Corp.'s (CVE:AGX) Shares Leap 26% Yet They're Still Not Telling The Full Story

Full year 2023 earnings: EPS and revenues miss analyst expectations

Silver X Mining Corp.'s (CVE:AGX) Shares Leap 29% Yet They're Still Not Telling The Full Story

VP of Corporate Development & Director recently sold CA$913k worth of stock

President recently sold CA$620k worth of stock

New major risk - Financial position

Silver X Mining Corp. announced that it expects to receive CAD 2 million in funding

Market Cool On Silver X Mining Corp.'s (CVE:AGX) Revenues Pushing Shares 29% Lower

Silver X Mining Corp. Announces Chief Financial Officer Changes

Silver X Mining Corp. Announces the Resumption of Its Mining Operations At the Nueva Recuperada Project

Second quarter 2023 earnings released: US$0.008 loss per share (vs US$0.001 profit in 2Q 2022)

Silver X Mining Corp., Annual General Meeting, Sep 14, 2023

Silver X Mining Corp. Appoints Enrique Garay as Chief Operating Officer

Silver X Mining Corp. announced that it expects to receive CAD 3 million in funding

The Market Doesn't Like What It Sees From Silver X Mining Corp.'s (CVE:AGX) Earnings Yet As Shares Tumble 27%

Silver X Mining Corp. Announces Preliminary Economic Assessment for the Tangana Mining Unit Expansion

Less than half of directors are independent

Silver X Mining Corp. Announces the Discovery of Multiple Disseminated Gold-Silver Targets At Ccasahuasi

Silver X Mining Corp. Announces Results of a Work Program at the Lily 19 Mining Concession Adjacent to Current Operation at Tangana

Silver X Mining Corp. announced that it has received CAD 2.981977 million in funding

Silver X Mining Corp. announced that it expects to receive CAD 2 million in funding

Silver X Mining Corp. Provides Monthly Operational Update for September 2022