Curated News
By: NewsRamp Editorial Staff
September 04, 2025
Silver X's $439M NPV PEA Reveals Major Peru Silver District Expansion
TLDR
- Silver X's PEA reveals a $439M NPV and low $15.8/oz AISC, positioning investors for significant gains as production scales to 6.2Moz AgEq annually.
- The PEA outlines a 14-year mine life with 3,000 tpd capacity, $82M initial capex, and detailed cost structures validated under NI 43-101 standards.
- Silver X's expansion creates long-term jobs and sustainable mining practices in Peru, supporting local communities through decades of responsible resource development.
- Silver X's Nueva Recuperada project combines two mining units to become one of South America's largest polymetallic silver operations with aggressive growth plans.
Impact - Why it Matters
This development matters significantly because it represents a substantial advancement in silver production capacity at a time when global silver demand continues to grow across industrial, technological, and investment sectors. The project's low cash costs of $11.8/oz position it competitively in the market, potentially increasing silver supply stability. For investors, the robust economics and expansion plans suggest strong growth potential, while for the mining sector, it demonstrates how brownfield expansion and district-scale development can unlock value in existing assets. The environmental permitting progress with SENACE also indicates responsible development practices that balance economic growth with regulatory compliance.
Summary
Silver X Mining Corp. has unveiled a highly promising Preliminary Economic Assessment (PEA) for its Nueva Recuperada Silver District in Peru, demonstrating robust economic potential with a projected after-tax net present value of $439 million at a 5% discount rate. The PEA, prepared in accordance with NI 43-101 standards, outlines a district-scale operation combining the Tangana Mining Unit (currently in production) and the Plata Mining Unit, with combined mining and processing capacity reaching 3,000 tonnes per day and annual production exceeding 6 million ounces of silver equivalent. CEO José García emphasized that this assessment confirms Silver X's potential to become a mid-tier silver producer, with the company's value representing a multiple of its current standing.
The comprehensive study reveals impressive financial metrics including life of mine cash costs of $11.8/oz AgEq and all-in sustaining costs of $15.8/oz AgEq, supported by an initial capital expenditure of $82 million for new processing facilities and infrastructure. The project features a 14-year mine life with aggressive expansion plans that include doubling the existing Recuperada mill capacity to 1,500 tpd and constructing a new 1,500 tpd mill at Tangana, positioning Silver X to increase production by up to six times within the next few years. The company is also advancing an expanded environmental permit with SENACE, expected for approval before the end of 2025, while ongoing drill campaigns aim to upgrade resource categories and expand tonnage across the district.
This enhanced PEA, prepared by independent qualified persons including David Heyl, Edgar Vilela, and Donald Hickson, represents a significant milestone in Silver X's strategic development. The project's combination of low operating costs, substantial silver equivalent production, and district-scale potential establishes Nueva Recuperada as one of South America's most significant polymetallic silver projects. Investors and stakeholders can find additional information about this transformative development at www.silverxmining.com, which details the company's vision to deliver outstanding value while sustaining local communities and stewarding the environment.
Source Statement
This curated news summary relied on content disributed by citybiz. Read the original source here, Silver X's $439M NPV PEA Reveals Major Peru Silver District Expansion
