Announcement • Apr 01

Silver X Mining Corp. Provides Update on Underground Resource Expansion Drilling at Tangana Mining Unit

Silver X Mining Corp. reported results from 14 drill holes forming part of its ongoing underground resource expansion and upgrade diamond drilling programme at its Tangana Mining Unit. Multiple in-mine exploration drill holes at its Tangana Mining Unit intersected significant intervals of silver-(gold)-polymetallic mineralization proximal to existing underground infrastructure in the Tangana 1 Vein. Results include 148.89 AgEq over 11.5 m in TN-2022-015 including 371.99 g/t AgEq over 1.5 m and 244.2 g/t AgEq over 2.76 m. Given the proximity to current mining operations, these new zones of mineralization should feed production at the Company's Nueva Recuperada processing plant in the following months. Since early 2022, a total of 2,342 metres of HQ diamond drilling has been completed in 25 holes, representing 62% of the planned program for Tangana 1 and 22.5% of the total planned underground drilling program for the Tangana Sector. These results support the Company's interpretation of Tangana as a mineralized silver-(gold)-polymetallic system with considerable resource expansion potential. The proximity to current mining operations at the Tangana Mining Unit and extensive underground infrastructure coupled with numerous unexploited zones in historical drifts should enable efficient low-cost mining. The Tangana vein-field currently has an inferred resource of 4,840,015 tonnes grading 116.33g/t Ag, 3.35% Pb and 1.63% Zn1. The Tangana vein system extends over 10 kilometres and includes the Tangana West area where surface sampling has returned results up to 9,379 g/t AgEq across 1.5 metres. The three main objectives of this drilling were: expansion of existing inferred mineral resources, upgrading and re-categorization of some inferred mineral resources into indicated mineral resources, and defining gaps in the mineralized structures. These holes were focused on securing the data require to upgrade and re-categorize some of its existing inferred mineral resources into indicated mineral resources. The results presented here are from 14 underground drill holes from 2021 & 2022 that tested the Tangana #1 silver-(gold)-polymetallic mineralized structure. Assay results for an additional 6 drill holes are outstanding. All drill holes testing the Tangana #1 structure intersected mineralization, with 9 of 14 holes returning potentially economic intersections of >80 g/t and up to 390 g/t AgEq. Drill core from all drill holes is extracted in lengths of 1.52 meters (5 feet) and stored on-site in appropriate core trays in a secure Company core-shed. Drill hole orientation, downhole survey data, and collar coordinates are registered. Extracted core is first measured and marked up, then geologically and geotechnically logged. Splitting and sampling of all silver-(gold)-polymetallic mineralized structures identified in the drill core is done from start to finish of the mineralized structure. Minimum sample length is 30 centimeters. No sample collected through potentially economic mineralized intersections is longer than 50 centimeters. Sterile country rock hosting the mineralized structure is sampled for a minimum of 1.0 meter either side of the structure. The interval to be sampled is split by rock-saw and taking care to avoid contamination of the sample, carefully stored in a suitably prepared plastic bag. Samples have unique number identifiers for "chain of custody" tracking of samples and for subsequent incorporation into the database once QAQC sign-off on analytical results has been received. Depending on the diameter, length, and bulk density of the core sample, approximately 4-8 kg of sample are collected for analysis per one metre length of sample.

Announcement • 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.

Total Shareholder Yield	-11.2%
Future Dividend Yield	n/a
Dividend Growth	n/a
Next dividend pay date	n/a
Ex dividend date	n/a
Dividend per share	n/a
Payout ratio	n/a

Segment	Dividend Yield
Company (AGX)	n/a
Market Bottom 25% (CA)	1.6%
Market Top 25% (CA)	5.4%
Industry Average (Metals and Mining)	1.3%
Analyst forecast (AGX) (up to 3 years)	n/a

Data	Last Updated (UTC time)
Company Analysis	2026/05/07 06:08
End of Day Share Price	2026/05/07 00:00
Earnings	2025/12/31
Annual Earnings	2025/12/31

Package	Data	Timeframe	Example US Source ^*
Company Financials	10 years	Income statement Cash flow statement Balance sheet	SEC Form 10-K SEC Form 10-Q
Analyst Consensus Estimates	+3 years	Forecast financials Analyst price targets	Analyst Research Reports Blue Matrix
Market Prices	30 years	Stock prices Dividends, Splits and Actions	ICE Market Data SEC Form S-1
Ownership	10 years	Top shareholders Insider trading	SEC Form 4 SEC Form 13D
Management	10 years	Leadership team Board of directors	SEC Form 10-K SEC Form DEF 14A
Key Developments	10 years	Company announcements	SEC Form 8-K

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

Silver X Mining Dividends and Buybacks

Dividend criteria checks 0/6

Key information

Recent dividend and buyback updates

Recent updates

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

Silver X Mining Corp. Provide an Update on Recent Diamond Drilling and Channel Sampling At the Company's Nueva Recuperada Project

Silver X Mining Corp. Announces Resumption of Operations at its Tangana Project

Silver X Announces Fatal Incident in Mining Project

Higher Grade Ore from the Tangana Vein Leads to Further 57% Increase in Silver Equivalent Processed in August

Forecast breakeven date pushed back to 2023