Mr. Jose Garcia reports

SILVER X CONTINUES TO INCREASE PRODUCTION DURING SECOND QUARTER OF 2024

Silver X Mining Corp. has released its operating results for the second quarter ending June 30, 2024, at the company's Nueva Recuperada property in Peru.

Q2 2024 production highlights:

• Demonstrated a significant increase in tonnage mined, with a raise of 20 per cent from Q1 2024 and 33 per cent from Q2 2023, continuing production upscaling;
• Achieved an 8-per-cent increase in the production of silver equivalent (AgEq) ounces (oz). Processed 362,800 oz AgEq in Q2 2024. Met operational targets for Q2 2024, setting a strong precedent for the second half of 2024;
• Solid underground development, enabling new development phases for both production and resource development.

"We are reporting our third consecutive quarter of increased tonnage mined and mill throughput and expect to continue this trend throughout the rest of the year whilst also concentrating on optimizing grade to the mill," said Silver X chief executive officer Jose M. Garcia.

"We plan to announce financial results for the second quarter, which benefited from stronger metal prices, within approximately 45 days."

About Silver X Mining Corp.

Silver X is a rapidly expanding silver developer and producer. The company owns the 20,000-hectare Nueva Recuperada silver district in central Peru and produces silver, gold, lead and zinc from its Tangana project.

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