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Silver X is a silver producer developing the Nueva Recuperada district in central Peru. The company started trading in June 2021, and since then, it has reached important milestones; launching a 25,000m exploration program to expand and upgrade its current mineral resource, commencing a plant capacity expansion from 600 tonnes per day (tpd) to 720 tpd, and beginning an update on its Environmental and Social Impact Assessment to expand mining and processing capacity to 2,500 tpd. This year’s objectives include a new resource estimate report, followed by a Preliminary Economic Assessment, accessing sufficient stoping blocks to profitably sustain commercial production, and to complete 15,500 metres of resource expansion and upgrade.