Northwire Canada EditionFriday, November 13, 2026
Northwire
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Gold 3,885.30 −2.9% Silver 50.06 −3.7% Copper 6.19 −1.5% Oil 88.70 +2.5% Palladium 992.00 −5.2% SEA 35.00 −3.2% GLO 0.300 −6.2% WM 1.42 −2.1% MFG 3.25 −4.7% RAGE 0.295 +0.0% DPM 50.56 −4.2% ARIS 21.08 −4.7% AUEN 0.170 +6.2% FCI 0.540 −1.8% SLI 1.98 −5.3% COCO 0.350 −4.1% BCU 0.060 +0.0% BGF 0.025 +0.0% TDG 0.710 +44.9% PRU 6.04 −4.1% NGEX 21.01 −5.2% Gold 3,885.30 −2.9% Silver 50.06 −3.7% Copper 6.19 −1.5% Oil 88.70 +2.5% Palladium 992.00 −5.2% SEA 35.00 −3.2% GLO 0.300 −6.2% WM 1.42 −2.1% MFG 3.25 −4.7% RAGE 0.295 +0.0% DPM 50.56 −4.2% ARIS 21.08 −4.7% AUEN 0.170 +6.2% FCI 0.540 −1.8% SLI 1.98 −5.3% COCO 0.350 −4.1% BCU 0.060 +0.0% BGF 0.025 +0.0% TDG 0.710 +44.9% PRU 6.04 −4.1% NGEX 21.01 −5.2%
Production / Operations

Silver X's Nueva Recuperada produces 667 oz Au in Q4

AGX · Price

Executive Summary

  • Silver X Mining Corp. reported strong sequential production growth for Q4 2025 at its Nueva Recuperada property in Peru, driven by increased processing throughput and consistent head grades.
  • The company achieved significant quarter-over-quarter increases in silver equivalent ounces processed (+17%) and gold production (+67%), while navigating higher average silver prices.
  • Management highlighted ongoing operational ramp-up, continued development of new mining fronts, and execution of a 40,000-metre drilling program to support sustained production growth and district-scale resource expansion.

Key Details

  • Processed tonnage reached 41,635 tonnes in Q4 2025, a 24% sequential increase from 33,505 tonnes in Q3 2025.
  • Silver equivalent ounces processed totaled 266,995 oz in Q4 2025, up 17% sequentially from 227,315 oz in Q3 2025.
  • Gold production reached 667 ounces in Q4 2025, a 67% sequential increase from 398 ounces in Q3 2025.
  • Average silver price in Q4 2025 was approximately $55/oz, compared to $40/oz in Q3 2025.
  • Operational performance maintained consistent head grades despite higher throughput and price increases.
  • The company is advancing a previously announced 40,000-metre drilling program alongside the development of new mining fronts to support near-term production growth and long-term resource expansion.
  • The Nueva Recuperada project is a 20,795-hectare district-scale land package in Peru targeting approximately six million silver equivalent ounces annually by 2029.
  • Production is currently based on economic models and existing mineral resources rather than a NI 43-101 compliant reserve estimate, carrying increased technical and economic uncertainty.

Notable Quotes

  • "This quarter marks an important step forward in Silver X's operational ramp-up," said Jose M. Garcia, CEO. "We delivered strong sequential growth in throughput and production while maintaining grade consistency, validating the investments we've made in development and operational co-ordination. The increase in gold production further strengthens our revenue mix and cash flow profile. As we continue to open new mining fronts and advance our 40,000-metre drilling program, we are positioning Nueva Recuperada for sustained production growth and meaningful district-scale value creation."
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