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Silver X Announces Positive Expanded PEA After-Tax NPV 5% of US$440M; IRR 69% Reports Updated Mineral Resource Estimate
VANCOUVER, BC / ACCESS Newswire / September 4, 2025 / Silver X Mining Corp. (TSXV:AGX)(OTCQB:A...

About this update from Silver X Mining Corp
[{"type":"text","content":"Silver X Announces Positive Expanded PEA After-Tax NPV 5% of US$440M; IRR 69% Reports Updated Mineral Resource EstimateVANCOUVER, BC / ACCESS Newswire / September 4, 2025 / Silver X Mining Corp. (TSXV:AGX)(OTCQB:AGXPF)(F:AGX) (\"Silver X\" or the \"Company\") is pleased to announce the results of a new Preliminary Economic Assessment (\"PEA\") demonstrating a district-scale project with combined mining and processing capacity of 3,000 tonnes per day (\"tpd\") and annual metal production in excess of 6 Moz AgEq. The PEA was prepared in accordance with National Instrument 43-101 Standards of Disclosure for Mineral Projects (\"NI 43-101\"). All dollar amounts are in US dollars unless otherwise noted.\"We are extremely pleased with the results of this new PEA. It demonstrates that years of dedicated work confirm Nueva Recuperada as a truly district-scale silver project that will continue to grow and operate for decades. With two operating mines, Tangana (currently in production) and Plata, we have the resources and the team to establish Silver X as a mid-tier silver producer. The value of our company is a multiple of where we stand today, and this PEA is the next step in demonstrating concretely how we will realize this potential in the near term\", stated José García, CEO.PEA Highlights (2025)Life of Mine (LOM) of 14 years at 3,000 tpd combined mining and processing capacity.Average annual production of approximately 6.2 million ounces of silver equivalent (AgEq)1.After-Tax Net Present Value (NPV) of $440 million at a 5% discount rate.LOM Cash Costs2 of $11.8/oz AgEq and LOM All-In Sustaining Costs (\"AISC\")2 of $15.8/oz AgEq.Initial Capex of $82 million, including 13% contingency, for the new processing facility, dry-stacked tailings and mine development.Robust project economics, confirming Silver X's potential to scale into a mid-tier silver producer.Aggressive upcoming drill campaigns aimed at both upgrading resource categories and expanding tonnage and grades across the district.The study confirms Silver X's strategic plan to operate two mines within the Nueva Recuperada Silver District, the Tangana Mining Unit, the Company's flagship operation since 2021, with a large and expanding resource base; and the Plata Mining Unit, located in the southern part of the district, historically known for higher-grade mineralizati...