VANCOUVER, BC — January 13, 2026 — Leads & Copy — Silver X Mining Corp. (TSXV:AGX)(OTCQB:AGXPF)(F:AGX) has announced strong silver channel sampling results from its Red Silver exploration asset within the Nueva Recuperada Property in Huancavelica, Peru.
The results include 735 grams per tonne (g/t) silver over 65 metres of strike length and 649 g/t Ag over 40 metres, confirming multiple continuous strong silver shoots. The company is planning a 1,200-metre underground diamond drill program to test the vertical and lateral continuity of the mineralized zones.
José García, CEO of Silver X, stated that the sampling demonstrates the strength and continuity of the Red Silver system. He added that the results give the company confidence to move forward with underground drilling.
Silver X has completed a systematic underground channel sampling program on Level 810, targeting underexplored areas of the Silvia and Rossana veins. The program delineated four high-grade mineralized shoots.
Key sampling highlights include:
Silvia Vein – Shoot 1: 735 g/t Ag, 0.45% Pb and 0.73% Zn over an average width of 0.56 metres across 65 metres of strike.
Silvia Vein – Shoot 2: 649 g/t Ag, 0.40% Pb and 0.69% Zn over 0.50 metres across 40 metres of strike.
Rossana Vein: Two mineralized shoots identified, including 497 g/t Ag (over 0.92m width in Shoot 1) and a zinc-rich shoot grading 1.98% Zn (Shoot 2).
The 1,200-metre underground drill program will total approximately 15 drill holes. The program will test the vertical and lateral extensions of the Silvia, Rossana, Luz, Larissa and Mariela shoots and evaluate the plunge continuity of mineralization above and below Levels 810 and 860. Drilling is expected to commence soon.
The company also plans to initiate underground development on Level 860 to provide access to the up-dip extensions of the mineralized shoots.
Silver X follows QA/QC protocols. Channel samples were dispatched to an ISO-certified laboratory in Lima, Peru. The program includes certified reference materials, blanks, and field duplicates.
Mr. A. David Heyl, B.Sc., C.P.G, a qualified person under NI 43-101, has reviewed and approved the technical content of this release.
Silver X is advancing the Nueva Recuperada Project in Peru, a 20,795-hectare land package. Current production at the Tangana Mining Unit is scaling alongside the planned restart of the Plata Mine, supporting a path to ~6 million AgEq ounces annually by 2029.
Kaitlin Taylor, Investor Relations, can be contacted at ir@silverxmining.com for further information.
Source: Silver X Mining Corp.
