Silver X Expands Red Silver Drill Program in Peru

Silver X Mining Corp. has significantly increased its drill program at the Red Silver Project in Huancavelica, Peru, from 1,200 meters to 6,650 meters. This expansion follows promising channel sampling results which revealed grades of up to 735 g/t Ag over 65 meters. The program aims to grow the current resource and enhance geological confidence by upgrading portions of the Inferred Resource to Measured and Indicated categories.

The drill program will unfold in two phases, focusing initially on mineralized structures near existing underground developments. Silver X seeks to confirm the continuity of high-grade silver shoots and collect vital geological data. Phase II will expand the focus beyond the current resource area, targeting potential extensions of principal vein systems.

With cost-effective drilling facilitated by existing underground infrastructure, the Red Silver Project remains one of Peru's purest silver assets, with over 90% of in-situ metal value coming from silver.