Silver X Mining – Tangana Operations Update, Expanded PEA, Growth Strategy Through Rising Grades, Plant Throughput Expansion, And District-Scale Exploration
José M. García, CEO and Director of Silver X Mining (TSX.V:AGX – OTCQB:AGXPF), joins me to review the year-to-date operations from the Tangana Mine at the Nueva Recuperada Project, located in central Peru. We then spend the balance of the interview unpacking the operational and exploration growth initiatives for the Company, as outlined in their expanded Preliminary Economic Assessment (PEA) released to the market on September 4th, 2025.
We start off by having José outline some of the step changes being made to control waste dilution and increase grade from the Tangana mining unit from the end of last year and throughout the first 3 quarters of 2025. We touch upon the improving financials and operations, but he outlines that there are processes in place to significantly impact those metrics in a more meaningful way on a move-forward basis. In addition to the increasing grade there will be a focus on growing the production throughput from 500-600 tonnes per day (tpd) up to nameplate capacity of the plant at 720 tpd, and they are seeking permits at present to expand to 1,000 tpd. The recently announced PEA then envisions a further expansion of the existing mill to 1,500 tpd and then the addition of a 2nd 1,500 tpd mill, taking throughput up to 3,000 tpd by 2029.
The increase in material will be through increasing mining at the Tangana unit, but then adding in both the Plata Mining Unit and Red Silver Mining Unit. This brings up the potential for expansion of high-grade silver resources from the Plata and Red Silver deposit areas and how those areas will fuel the future growth of the Company.
If you have any questions for José regarding Silver X Mining, then please email those into me at Shad@kereport.com.
- In full disclosure, Shad is a shareholder of Silver X Mining at the time of this recording and may choose to buy or sell shares at any time.
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