Silver X Reports a Twelve-Year Extension of Its Social Agreement with the Community of Huachocolpa [EFFECTIVE PERIOD 2023-2035]

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[{"type":"text","content":"Silver X Reports a Twelve-Year Extension of Its Social Agreement with the Community of Huachocolpa [EFFECTIVE PERIOD 2023-2035]VANCOUVER, BC / ACCESSWIRE / November 16, 2023 / Silver X Mining Corp. (TSXV:AGX)(OTCQB:AGXPF)(F:AGX) (\"Silver X\" or the \"Company\"), a rapidly expanding silver developer and producer in Central Peru, is pleased to announce a 12-year extension of its social agreement (the \"Agreement\") with the local Huachocolpa (Huancavelica, Peru) community, solidifying relations and enabling continued operations at the Nueva Recuperada Project (the \"Project\") until November 2035.Agreement Highlights:Became effective on November 6, 2023, granting twelve additional years of operational activities.Encompasses all areas including the Nueva Recuperada Processing Plant, Tangana Mining Unit, and the Red Silver Mining Unit.Demonstrates Silver X's commitment to engaging and supporting local businesses, with up to 23 companies actively involved in the current operations.Incorporates social development initiatives focusing on education, health, agriculture, livestock, and local employment.José García, CEO of Silver X commented: \"Our commitment to sustainable development and supporting the local community and businesses has been instrumental in our rapid growth since the inception of our operations. This extension of our agreement with the Huachocolpa community is a requirement to increase our production capacity from 720 tonnes per day to 2,220 tonnes with an additional 1,500 tpd mill as outlined in the Preliminary Economic Assessment (PEA) published on February 14, 2023.\"\"This agreement will serve as the cornerstone for a period of close collaboration between the Company and our local stakeholders, as Silver X aspires to be the partner of choice for developing mining projects in the Andean region. Our guiding principle is 'Sustainable Development Through Mining,' as reflected in our inaugural Sustainability Report published earlier this year.\" José García, CEO of Silver X added.About Silver X Mining Corp.Silver X is a rapidlyexpanding silver developer and producer. The Company owns the +20,000-hectare Nueva Recuperada Silver District in Central Peru and producessilver, gold, lead, and zinc from the district's Tangana Mining Unit. Our mission is to be a premier silver company delivering outstanding ...

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