SILVER X MINING Business Summary

Silver X Mining Corp. (AGXPF) operates as a silver-dominant producer and developer, generating revenue through the extraction and sale of silver, gold, lead, and zinc concentrates. The company’s primary business segments are centered on its 20,795-hectare Nueva Recuperada Project in Huancavelica, Peru, which includes the currently producing Tangana Mining Unit and the Plata Mine, which is advancing toward production. By processing ore through its centralized 700-tonne-per-day (tpd) mill—with plans to expand capacity to 3,000 tpd—the company aims to scale annual output to approximately 6 million silver-equivalent ounces by 2029. Silver X competes with other junior and mid-tier silver producers such as Excellon Resources, Fortuna Silver Mines, and Sierra Metals. Positioned as a high-growth junior producer, the company was ranked 8th on the 2026 TSX Venture 50 list, reflecting its transition from a pure explorer to a cash-flowing operator with significant district-scale discovery upside. The leadership team is led by Co-founder, President, and CEO José M. García, a mining engineer with over 20 years of experience at global majors including Anglo American, BHP, and Inmet. He is supported by General Manager Ricardo Martínez, an operational turnaround specialist appointed in late 2025, and CFO David Gleit, who brings 25 years of finance experience from Volcan Compañía Minera and Sierra Sun Group. In December 2025, the company further strengthened its commercial arm by promoting Alvaro Domingo to Vice President of Corporate Development and Commercial. The company’s strategic direction is overseen by a board that includes Darryl Cardey, co-founder of Northern Empire Resources, and Francis Johnstone of Baker Steel Capital Managers. Notable institutional backing is provided by Baker Steel Capital Managers and Palisades Goldcorp, reinforcing the company’s standing within the precious metals investment community.