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Silver X Mining eyes 6M oz output by 2029

Silver X Mining eyes 6M oz output by 2029

Episode 13868 Published 1 month, 1 week ago
Description
Silver X Mining Corp CEO Jose Garcia joined Steve Darling from the Vancouver Resources Investment Conference to share news about the company’s strong growth trajectory and expansion plans. Garcia explained that the Peru-based silver producer currently outputs 1.25 million ounces of silver annually, but is targeting a fivefold increase by 2029. He highlighted the company’s significant land package in central Peru and ongoing production, which is bolstered by favourable silver prices. “We’re going to demonstrate that quarter after quarter,” Garcia said, referring to ongoing productivity improvements and exploration updates. A key catalyst for this projected growth is a 40,000 metre drill campaign, which has already returned positive high-grade results. Alongside this, the company plans to double the capacity of its existing 700-tonne-per-day mill and construct a second processing facility. By 2029, Silver X expects to operate a mining complex with three mines and two mills, processing 3,000 tonnes per day and producing 6–7 million ounces of silver equivalent annually. Garcia also emphasized local support: “We have pretty good agreements, long-term agreements with our communities,” adding that Peru remains one of the most favourable mining jurisdictions globally. With recent investor backing and operational success, the company has grown more than tenfold over the past year. Garcia closed by noting that 2026 will bring further exploration and production results, along with progress on permitting to support the mill expansion. #proactiveinvestors #silverxminingcorp #otcqb #agxpf #tsxv #agx #vric2026 #SilverStocks #JoseGarcia #MiningInPeru #SilverProduction #MiningInvestment #OTCMarkets #SilverPrice #ResourceExpansion #ProactiveInvestors
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