Silver X Boosts Silver Resources by 173% at Nueva Recuperada Project

Key Facts

Amid a growing focus on securing precious metal supplies, Silver X Mining has announced a substantial update to the mineral resource estimates at its flagship Nueva Recuperada Project in Peru. According to reports, the project saw a 173% increase in Measured and Indicated resources, reflecting the success of recent exploration and development efforts. This surge in silver equivalent resources was primarily driven by growth within the Red Silver and Plata mining units.

This update represents significant progress in the company's operational assets within the Peruvian mining sector, as these results strengthen the technical fundamentals for future production. Based on available data, the triple-digit percentage increase across resource categories supports a bullish fundamental outlook for the junior miner as management continues to focus on expanding existing mining units.

In terms of market performance, the AGXPF stock stood at $0.6202 at the close of September 21, 2026, having reached a session high of $0.6435. Looking ahead, global investors are monitoring key monetary policy catalysts, including the Bank of England's interest rate decision scheduled earlier this week, which may influence broader risk sentiment within the metals and mining sector.