Silver X Acquires 100% of Ccasahuasi: A Gold System Next Door to a Producing Mine, Defined with Only 903 Meters of Drilling and Open Along Strike and at Depth

VANCOUVER, BC / ACCESS Newswire / June 4, 2026 / Silver X Mining Corp. (TSXV:AGX)(OTCQB:AGXPF)(FRA:AGX) ("Silver X" or the "Company") is pleased to announce that it has secured 100% ownership of the Ccasahuasi gold project ("Ccasahuasi" or the "Project") through the acquisition of the Lily 19 mining concession, located within its Nueva Recuperada district in Huancavelica, central Peru. Silver X's NI 43-101 Preliminary Economic Assessment for the Nueva Recuperada Project, effective May 31, 2025 (the "PEA"), includes an Inferred Mineral Resource of 1,405,587 tonnes grading 0.936 g/t Au and containing 42,303 oz Au, defined with fewer than 1,000 meters of drilling, sitting one kilometer from a mine that is already in production and acquired through a capital-efficient transaction structure.
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