Company Overview

Silver X Mining Corp. is a Canadian-based precious metals mining company focused on the acquisition, exploration, development, and operation of silver-dominant mineral assets. The company operates within the precious metals mining industry, with a primary emphasis on silver, while also producing and exploring for gold, lead, and zinc as by-products. Its core revenue driver is the production and sale of silver-rich polymetallic concentrates. The company primarily serves global metals markets through commercial offtake arrangements rather than end consumers.

The company’s principal asset is the Nueva Recuperada Project, a large, historically producing silver district located in Peru, which provides Silver X with an established operational footprint, existing infrastructure, and near-term production capability. Silver X Mining Corp. was formerly known as Oro X Mining Corp. and completed a transformative acquisition in 2021 that repositioned it from an exploration-focused junior miner into a silver producer with operational scale. The company’s strategy centers on consolidating underexplored historical mining districts and applying modern exploration and processing techniques to expand resources and production.

Business Operations

Silver X Mining Corp. conducts its business primarily through the development and operation of its Peruvian mining assets, with revenue generated from the extraction, processing, and sale of mineral concentrates. Its operations are organized around the Nueva Recuperada Mining Unit, which includes multiple underground mines, processing facilities, and exploration targets. The company operates both producing mines and advanced-stage development assets, allowing for a combination of current cash flow and organic growth.

The company controls mineral concessions, underground mining infrastructure, and processing plants that support its production activities. Operations include mining, mineral processing, and ongoing exploration drilling to expand known resources. Silver X operates through wholly owned subsidiaries in Peru, including Minas Recuperada S.A.C., which manages local operations, regulatory compliance, and community relations. As of publicly available disclosures, the company does not report material joint ventures but maintains commercial relationships with concentrate buyers and service providers.

Strategic Position & Investments

Silver X Mining Corp.’s strategic direction is focused on increasing silver production, extending mine life, and expanding mineral resources within its consolidated land package. Growth initiatives emphasize brownfield exploration around existing mines, optimization of processing capacity, and the phased development of additional deposits within the Nueva Recuperada district. The company positions itself as a district-scale consolidator with the ability to bring historical mines back into production efficiently.

A key strategic milestone was the acquisition of Nueva Recuperada, which included multiple mines and processing facilities and significantly expanded the company’s asset base. Silver X continues to invest in exploration drilling, geological modeling, and metallurgical improvements to enhance recoveries. The company’s exposure to silver, combined with by-product credits from base metals, is intended to provide resilience across commodity price cycles while maintaining leverage to silver price movements.

Geographic Footprint

Silver X Mining Corp. is headquartered in Canada, where it manages corporate strategy, capital markets activities, and investor relations. Its operational footprint is concentrated in Peru, one of the world’s most established mining jurisdictions, with all producing and development assets located in the central Andean region.

The company’s Peruvian operations provide access to skilled mining labor, established logistics networks, and proximity to export routes for mineral concentrates. While Silver X does not currently operate producing assets outside Peru, its corporate structure and public listings provide it with access to North American capital markets, supporting future international growth or acquisitions if pursued.

Leadership & Governance

Silver X Mining Corp. is led by a management team with experience in mining operations, capital markets, and mine development in Latin America. The leadership emphasizes disciplined capital allocation, operational execution, and resource growth within existing assets, with a stated focus on building a sustainable mid-tier silver producer over time.

Key executives include:

• Jose M. Garcia – Executive Chairman
• Luis Zapata – Chief Executive Officer
• Robert DeViries – Director
• Mark Bailey – Chief Financial Officer
• Peter Megaw – Director & Technical Advisor

The board and management collectively provide oversight of strategy, governance, and risk management, with an emphasis on regulatory compliance, operational transparency, and stakeholder engagement in the jurisdictions where the company operates.