Silver X Mining (TSX-V) reported silver equivalent (AgEq) ounces processed increased 42% year-on-year. The company’s production for the September quarter was 54,681 tonnes, an increase of 63% compared with 33,505 tonnes a year ago.
Ore mined increased 113% to 60,694 tonnes. The results show greater mining activity as the company progresses with its extension of the Nueva Recuperada plant to 1 000 tonnes per day (tpd).
Silver X Mining Stock Records Higher Metal Processing
In Q3 2025, gold ounces processed were 751. In the next quarter, that figure moved up 119% to 1,641 ounces.
Gold head grades also went higher. They rose 34% to 0.93 grams per tonne (g/t). Ounces processed for another measure climbed 47% to 138,724 ounces, from 94,395 ounces.
AgEq processed reached 322,822 ounces. AgEq production totalled 225,237 ounces, which is up 35%. The plant averaged 594tpd against 364tpd in Q3 2025 and 684tpd in June.
Jose Garcia, the CEO, called the quarter the “next step of growth”. The reason for the lower throughput was that equipment installation and preparations for 1,000tpd were ongoing, he explained.
The development of the mine underground also advanced to open additional mining faces. Nevertheless, the processed AgEq ounces grew by 42% and gold processing by 119% year-on-year.
Silver X Mining reports stronger gold and silver processing as Nueva Recuperada prepares for expanded capacity. [Mining Technology]
Nueva Recuperada Project Targets 1,000tpd Capacity
The Nueva Recuperada project is one of the key initiatives for Silver X’s growth in Peru. The company’s target is for the plant to achieve 1,000tpd level in Q4. This is a 33% growth from its former nameplate of 750tpd. Key developments include:
- Capacity upgrade: Plant expansion – Equipment repairs, installation.
- Ore stockpiling: The difference between the 2 was ~6,000 tonnes.
- Production growth: AgEq processed grew to 322,822 ounces during the quarter.
The planned capacity expansion of Nueva Recuperada helps Silver X Mining’s medium-term production goals in Peru.
Silver X Mining News Highlights Mine Development
During the September quarter, development and exploration work were carried out below ground in a number of areas. The activities are designed to increase future ore supply and to promote increased ore processing volumes.
- Tangana mine: Underground workings advanced 3,397m against 3,159m in the June quarter.
- Red Silver mine: About 600m of development was done.
- Blenda Rubia mine: Drill exploration continued to extend known mineralisation.
These developments may help future flexibility in mining, but the results will rely on successful development and regular ore delivery.
Silver X Mining Stock Outlook And Production Goals
The Nueva Recuperada project is located in Peru and is expected to achieve about 6 million ounces AgEq per year by 2029 with Silver X. The achievement of 1,000 tpd during the December quarter is an important milestone.
Another option is to track gold prices and the activities in the silver market. But growth isn’t enough to ensure profitability or stock price appreciation.
Throughput, availability of ore, and how the expansion will be done will all impact future performance. For more such updates, visit Colitco.com.
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Frequently Asked Questions
Q1: What is new in Silver X Mining?
A1: The September quarter of Silver X saw an increase of 42% compared to the same quarter of the previous year, with the company processing 322,822 AgEq ounces.
Q2: What is the expansion target of the Nueva Recuperada?
A2: The company’s target is to achieve 1,000tpd for the plant in the December quarter, which is a higher nameplate than the previous 750tpd.
Q3: What is the address of Silver X Mining?
A3: Silver X has the Nueva Recuperada project in Peru, with Tanganay, Red Silver and Blenda Rubia development projects.
Q4: What is the long-term production goal of the Silver X Mining?
A4: The company aims to develop its capacity to reach around 6 million ounces AgEq per annum by 2029 through planned capacity growth and mine development.
Disclaimer
This article is informational only and should not be considered as investment or financial advice. The figures and expansion plans are based on the information provided by the company. Throughput, production and financial results are subject to change and uncertainty. Investors are advised to read Silver X Mining’s official announcements and to evaluate the risks involved in investing and to seek the advice of a qualified financial advisor before investing.
Elizabeth Jones is a finance and mining content specialist with over 10 years of experience creating clear, SEO-driven content across fintech, investing, banking, insurance, cryptocurrency, and resource markets. She transforms complex financial data and industry trends into engaging, reader-focused articles that improve understanding and audience engagement.
