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on Silver X Mining Corp. (CVE:AGX)

Silver X Mining Corp. Releases Positive Preliminary Economic Assessment

Silver X Mining Corp., based in Vancouver, has announced a new Preliminary Economic Assessment (PEA) highlighting its potential as a mid-tier silver producer. The report details a district-scale project with a combined mining and processing capacity of 3,000 tonnes per day and an annual metal production exceeding 6 million ounces of silver equivalent (AgEq).

This PEA underlines the benefits of two operational mines, Tangana and Plata, which could cement Silver X's standing in the silver production sector. CEO José García highlighted a 14-year mine life and plans for two milling facilities, reinforcing confidence among investors.

The PEA, effective as of May 31, 2025, reveals a post-tax Net Present Value (NPV) of $439 million and a cumulative cash flow of $606 million after tax over twelve years. Initial capital expenditure is estimated at $82 million, with a payback period of three years, emphasizing robust economic prospects for the company.

The PEA includes inferred resources, which are preliminary and speculative, yet signify a step towards becoming one of South America's major silver producers.

R. E.

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