Mineral Resources

Silver X Mining Corp. released a Preliminary Economic Assessment (PEA) for its Nueva Recuperada project, targeting 6.2 million ounces of silver equivalent annually over a 14-year mine life. The PEA outlines a $439 million after-tax NPV (5% discount) and a 3-year payback, with an initial CapEx of $82 million. Production is planned across two mills at 3,000 tpd. The study relies on inferred resources, carrying inherent risks, and production decisions are not based on proven reserves or a feasibility study.