Welcome to our dedicated page for Silver X Mining news (Ticker: AGXPF), a resource for investors and traders seeking the latest updates and insights on Silver X Mining stock.
Silver X Mining Corp. reports developments tied to its precious-metals exploration, development and production platform in Peru. Recurring updates cover operating and financial results from the Nueva Recuperada Project, production activity at the Tangana Mining Unit, underground drilling and mine-development work at Blenda Rubia, and portfolio expansion through the Pampas gold-silver project.
Company news also includes capital-structure actions such as secured convertible debenture financings, board and governance changes, and operating plans for multiple mining fronts. The disclosures center on silver-polymetallic mineralization, processing performance, unit-cost trends, project development, and the funding used to support exploration, development capital and working capital.
Silver X (OTCQB:AGXPF) acquired 100% of the Lily 19 concession, consolidating ownership of the Ccasahuasi gold project in the Nueva Recuperada district, Peru, for US$30,000.
Ccasahuasi hosts an Inferred Mineral Resource of 1,405,587 tonnes at 0.936 g/t Au (42,303 oz Au; 3.23 Moz AgEq), based on only 903.5 m of drilling, and lies about 1 km from the producing Tangana mine.
Silver X (OTCQX:AGXPF) reported new underground drilling results from the Blenda Rubia target at Nueva Recuperada in Peru. Hole DDH-BR-016 cut 104.20 m apparent (40.71 m true) at 98.7 g/t AgEq (69.53 g/t Ag, 0.87% Pb, 0.28% Zn, 0.02% Cu).
Higher-grade intervals include 4.12 m true width at 274.5 g/t AgEq in Vein 1 and 2.64 m at 172.1 g/t AgEq in Vein 3. The intercept sits about 60 m below historic workings, indicating down-dip continuity within a broader polymetallic corridor that could support wider mining fronts.
Silver X Mining (OTCQX:AGXPF, TSXV:AGX) reported record 1Q26 results from its Nueva Recuperada project, with net operating revenue of $13.4M (up 155% YoY) and net income of $4.6M. Operating income reached $7.0M and EBITDA was $6.1M.
Cash rose to $53.8M and total assets to $129.6M, supported by a $50.3M senior secured convertible debenture and the Pampas Gold-Silver Project acquisition. Higher realized silver ($91.39/oz) and gold ($5,131/oz) prices, improved grades, and a $38.15/oz AISC margin underpinned performance.
Silver X Mining (OTCQX:AGXPF) began trading on the OTCQX Best Market, upgrading from OTCQB and expanding access to U.S. investors. The company continues to trade on TSX Venture as AGX. Silver X operates the Nueva Recuperada Silver District in Peru, processing about 750 tonnes per day with a path to 1,000 tonnes.
Silver X (OTCQB:AGXPF) reported 2025 results from Nueva Recuperada showing margin expansion and an operational turnaround. Net operating revenue was $25.2M (+16% YoY); operating income was $5.8M versus a loss in 2024; adjusted EBITDA was $4.0M (4x 2024).
4Q25 revenue hit $9.6M (+65% YoY); the quarter included a $4.9M non-recurring provision that produced a net loss of $4.0M. The company targets ~1,000 tpd in 2026 and acquired the Pampas project to support growth toward ~6M AgEq oz by 2029.
Silver X Mining Corp (OTCQB:AGXPF) appointed Mark NJ Ashcroft, P.Eng., to its Board of Directors on April 17, 2026. Mr. Ashcroft brings approximately 40 years of mining engineering and public‑company leadership experience, including leading a C$51.75 million IPO.
The appointment is expected to strengthen the company's technical oversight, corporate governance, and capital markets capability as Silver X advances production growth, multiple mining fronts, and district‑scale plans in Peru.
Silver X (OTCQB:AGXPF) reports underground drilling at Blenda Rubia with estimated true widths up to 17.86 m and average ~6.0 m where constrained by drilling. Results show a broad, continuous silver-polymetallic corridor (e.g., 54.85 m apparent at 79.86 g/t Ag) that may support bulk-style mining in selected zones near Nueva Recuperada.
Step-out and infill drilling, multiple platforms and ongoing modelling aim to define mining shapes and integrate Blenda Rubia into the production pipeline.
Silver X (TSXV:AGX / OTCQB:AGXPF) reported operational gains in 1Q26 at the Nueva Recuperada project ending March 31, 2026. Processed tonnage rose to 44,883 MT (+8% QoQ) and March reached nominal plant capacity (~750 tpd). Silver production was 125,195 oz (+10% QoQ) and gold 1,419 oz (+20% QoQ). AgEq processed totaled 253,114 oz, down from 266,995 oz due to higher silver prices. Underground development hit a record 1,010 m in March.
Silver X (OTCQB:AGXPF) agreed to acquire the 7,712.5-hectare Pampas Gold-Silver Project in Huancavelica, Peru for US$1.7 million in staged cash payments and a 3.0% NSR (1.5% repurchase option for US$1.5M).
Historical sampling reports highs of 85.9 g/t Au and 1,065 g/t Ag; the project has no documented drilling and Silver X plans an initial 5,000 m drill program toward an NI 43-101 resource within 24–36 months.
Silver X Mining (OTCQB:AGXPF) closed a brokered private placement of secured convertible debentures for C$69,000,000 on March 18, 2026, including a full 15% over-allotment.
The company issued 69,000 debentures at C$1,000 each, bearing 10.0% annual interest, maturing in five years, convertible at C$1.62 per share. Debentures are secured by substantial company assets placed into Peruvian trust structures and remain subject to TSX Venture Exchange final approval.