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 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.
Silver X (TSXV:AGX, OTCQB:AGXPF) ranked 8th on the 2026 TSX Venture 50 list, reflecting 2025 share price appreciation of 454% and market cap growth of 659%. The TSX Venture 50 ranks issuers by market cap growth, share price appreciation and trading value.
Management cited rising production at Tangana, Plata advancing toward production, and ongoing resource expansion as drivers of the performance and future growth prospects.
Silver X Mining (OTC:AGXPF) announced a brokered "best efforts" private placement of up to C$60 million in secured convertible debentures, with an Agent option to increase the Offering by 15%. The debentures carry a fixed 10.0% annual interest payable semi-annually and mature five years after closing. For the first 24 months interest may be paid in cash or common shares at the company's election; thereafter interest is cash only. Each debenture is convertible at the holder's option into common shares at a conversion price of C$1.62 per share until repayment or the business day before maturity. Net proceeds are intended for development, working capital and general corporate purposes. Closing is expected on or about February 18, 2026, subject to regulatory and TSX Venture Exchange approvals.
Silver X (OTCQB:AGXPF) announced results from three deep underground drill holes at the Blenda Rubia mine (Nueva Recuperada, Peru) that extend silver‑polymetallic mineralization up to 160 m below historic Level 210. All holes hit mineable vein widths; BR-003 returned a 27.4 m true width multi-vein zone including a 3.0 m true width high-grade core averaging 505 g/t Ag, 4.16% Pb, 0.49% Zn. BR-001 and BR-002 intercepted 2.0 m at 98 g/t Ag and 1.0 m at 123 g/t Ag respectively. Blenda Rubia lies ~2 km from Silver X's processing plant, supporting potential capital-efficient integration if resources are defined.