SILVER X MINING CORP. announced that further to the Company's press release dated October 6, 2021, it has secured the environmental permitting approval required to increase production capacity at its Nueva Recuperada polymetallic concentrate plant to 720 tonnes per day. Installation of a new crushing circuit and flotation cells has commenced, and the Company expects full commissioning by December 31, 2021. Once completed, this will represent a 20% increase in processing capacity at Nueva Recuperada and any additional concentrate sales from this increase are expected to drive further cashflow for the Company. The new mineralization encountered at the Tangana Mining Unit has necessitated an increase in plant capacity to keep pace with mining production. In addition, further to the Company's press release dated September 3, 2021, the current 25,000 metre resource expansion diamond drill programme has identified an additional 200 metre by 200 metre zone of silver-polymetallic mineralization in the Tangana 1 vein that has become the Company's priority mining target. Further exploration is planned to test the extent of the open-ended system. Tangana encompasses 11 silver-polymetallic vein targets across 4,500 ha of prospective silver-polymetallic concessions. The Tangana 1 and 2 veins extend over 1.7 kilometers along strike with an average width of 1.0 metres. The Tangana 1 vein has historically been selectively mined in places between levels 4550 and 4950, predominantly staying close to the topographic profile and leaving unmined potentially economic silver-polymetallic mineralization in situ below the historical workings A resource and mine development drilling program is presently in progress to define mineralization below level 4680 and to delineate additional ore for future feed to the Nueva Recuperada processing plant. The decision to expand plant capacity is further influenced by the recent acquisition of the Tangana West concessions where production is anticipated to begin in early 2022. Production is scheduled to commence on the physically demonstrated 1.7-kilometre-long by 500-metre-deep silver-polymetallic vein system in First Quarter 2022. The Company cautions readers that the any production decision made by the Company will not be based on a NI 43-101 feasibility study of mineral reserves that demonstrates economic and technical viability and as such, there may be involve increased uncertainty and various technological and economic risks such as the interpretation of drill results; the geology, grade and continuity of mineral deposits; the possibility that future exploration, development or mining results will not be consistent with our expectations; commodity and currency price fluctuation; failure to obtain adequate financing; regulatory, recovery rates, refinery costs, and other relevant conversion factors, permitting and licensing risks; general market and mining exploration risks and production and economic risks related to design and engineering, manufacturing, technological processes and test procedures and the risk that the project's output will not be salable at a price that will cover the project's operating and maintenance costs.