Mr. Jose Garcia reports

SILVER X MINING CORP. ANNOUNCES APPOINTMENT OF JOSEPH GALLUCCI TO BOARD OF DIRECTORS

Silver X Mining Corp. has appointed Joseph Gallucci, MBA, ICDD, to its board of directors, effective immediately.

Mr. Gallucci is a senior capital markets executive and corporate director with over 20 years of experience in investment banking and equity research, focused on the global mining sector across precious metals, base metals, critical metals and bulk commodities.

He currently serves as managing director and head of mining investment banking at Ventum Financial. Over his career, he has held senior roles at BMO Capital Markets, GMP Securities and Dundee Securities, was a founding principal of Eight Capital, where he led the firm's mining investment banking team, and most recently oversaw the entire investment banking practice at Laurentian Bank Securities. He has been directly involved in raising several billion dollars for mining companies and has acted as lead adviser on a number of significant M&A (merger and acquisition) transactions.

Earlier in his career, Mr. Gallucci spent over a decade in equity research covering the global mining sector at GMP Securities and Dundee Securities, where he served as managing director and head of the metals and mining research team. He also currently serves as a director of several publicly listed mining companies.

Mr. Gallucci holds a bachelor of commerce from Concordia University and an MBA in investment management from the Goodman Institute of Investment Management and holds the ICDD designation from the Institute of Corporate Directors. In 2021, he was named one of Concordia University's Top 50 Under 50.

Jose M. Garcia, chief executive officer of Silver X, commented: "We are very pleased to welcome Joseph to our board. His deep expertise in capital markets and M&A, combined with decades of experience advising and financing mining companies around the world, will be invaluable as Silver X continues to scale production and execute its district-scale growth strategy in Peru. His insight and relationships will strengthen our access to capital at a pivotal stage in the company's development."

Mr. Gallucci commented: "I have followed Silver X's progress closely and have high regard for what the management team has built. The company has a well-defined growth strategy, a quality asset base and the financial discipline to execute on it. Having spent my career advising and financing resource companies, I believe Silver X is at an exciting inflection point and am honoured to join the board. I look forward to working alongside management to drive the company's financing strategy, capital markets positioning and long-term value creation for shareholders."

Mr. Gallucci's appointment is expected to strengthen the company's capital markets capability, corporate governance and strategic reach at a time when Silver X is focused on scaling production, advancing multiple mining fronts and pursuing long-term value creation across its asset base.

About Silver X Mining Corp.

Silver X is a growing silver producer building a multiasset, district-scale precious metals platform in Peru. The company's portfolio includes the Nueva Recuperada project, a district-scale land package of 20,795 hectares with two mining units and over 200 exploration targets, as well as the recently acquired Pampas project, which further enhances the company's scale and long-term growth potential.

Current production from the Tangana mining unit is increasing alongside the planned restart of the Plata, Red Silver and Blenda Rubia mines, supporting a path toward approximately six million silver equivalent ounces annually by 2029. The addition of the Pampas project strengthens the company's asset base and reinforces its strategy of evolving into a scalable, district-wide multiasset operator.

With existing production, scalable expansion opportunities and significant exploration upside across multiple assets, Silver X is positioning itself as a next-generation silver company focused on growth, diversification and long-term value creation.

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