Silvercorp Metals Inc. reports production and sales figures for fiscal year 2021 ended March 31, 2021. The Company's Fiscal 2021 financial results are expected to be released on Thursday, May 20, 2021 after market close. In Fiscal 2021, the Company produced approximately 6.3 million ounces of silver and 68.4 million pounds of lead, meeting the production guidance of between 6.2 - 6.5 million ounces of silver and 66.1 [...]
Silvercorp Metals Inc. announces that the Tieluping-Longmen Mining License for the TLP, LME and LMW mines in the Ying Mining District has been renewed and extended for a period of 20 years by the Department of Natural Resources, Henan Province, China. As the renewal was approved on the basis of a resource estimation report in China Standards which was filed by the Company with the Henan provincial government in 2014, a [...]
Silvercorp Metals Inc. reported its financial and operating results for the third quarter ended December 31, 2020 . All amounts are expressed in US Dollars. Q3 FISCAL YEAR 2021 HIGHLIGHTS Mined 279,445 tonnes of ore, up 6% compared to the prior year quarter, with ore milled of 260,648 tonnes, a decrease of 2% compared to the prior year quarter; Sold approximately 1.6 million ounces of silver, 800 ounces of gold, 16.8 [...]
Silvercorp Metals Inc. announces its subsidiary, New Infini Silver Inc. , has acquired a 100% interest in the La Yesca Silver Project , a silver-polymetallic, epithermal-type project located in Nayarit State, Mexico, approximately 100 kilometres northwest from Guadalajara, the second-largest city in Mexico. La Yesca Silver Project The Project covers an area of approximately 47.7 square km. Previous exploration activities [...]
Silvercorp Metals Inc. announces that its subsidiary, Henan Found Mining Co. Ltd. , won an online auction to acquire the exploration rights to the Zhonghe Silver Project from the Henan provincial government. The auction was held on December 17, 2020 and following a public comment period, the Company received confirmation of its successful bid. The Zhonghe Project covers an area of 4.96 square kilometres approximately 50 [...]
Silvercorp Metals Inc. reports production and sales figures for the third quarter of Fiscal 2021 ended December 31, 2020 . The Company produced approximately 1.7 million ounces of silver, 900 ounces of gold, 17.1 million pounds of lead, and 8.7 million pounds of zinc, and sold approximately 1.6 million ounces of silver, 800 ounces of gold, 16.8 million pounds of lead, and 9.0 million pounds of zinc in Q3 Fiscal 2021. For [...]
Silvercorp Metals Inc. is pleased to report assay results from its 2020 exploration program at the HPG mine, Ying Mining District, Henan Province, China. In total, 13,515 metres from 150 diamond drill holes, including 129 underground holes and 21 surface holes, have been completed from July 1, 2019 to October 31, 2020. Assay results for 140 holes have been received, with 69 holes intercepting mineralization. Nine rigs [...]
Silvercorp Metals Inc. announces the publication of its first sustainability report, prepared in accordance with the Global Reporting Initiative Standards: Core Option as a guide. The report provides information on the Company's governance, safety, environmental, and social performance. Dr. Rui Feng, Chairman and CEO, commented, "One of Silvercorp’s key principles is to be a good corporate citizen and accountable to all [...]
Silvercorp Metals Inc. announced today it has filed a final short form base shelf prospectus during the 25 month period that the shelf prospectus is effective. The specific terms of any offering of Securities, including the use of proceeds from any offering, will be set forth in a shelf prospectus supplement. Silvercorp has filed the shelf prospectus and corresponding registration statement in order to provide the Company [...]
Silvercorp Metals Inc. is pleased to report that its TLP, LME, LMW and HPG mines in the Ying Mining District, Henan Province, and GC mine, Guangdong Province, have been certified as “green mines” in China. A "green mine" is a certification awarded to mines that minimize adverse impacts on the environment and adopt scientific design and measures to ensure sustainable development from mine development to closure. Generally [...]
Silvercorp Metals Inc. is pleased to report the discovery of new gold zones and high grade intercepts from its 2020 exploration program at the LMW mine, Ying Mining District, Henan Province, China. Extensive exploration drilling and tunnelling are ongoing at the LMW mine, and all other mines at the Ying Mining District. The 2020 exploration program from July 1, 2019 to October 30, 2020 at the LMW mine has used in-fill [...]
Silvercorp Metals Inc. is pleased to announce that its Board of Directors declared a semi-annual dividend of US$0.0125 per share to be paid to all shareholders of record at the close of business on November 25, 2020, with a payment date of the dividend scheduled on or before December 16, 2020. The dividends are considered eligible dividends for Canadian tax purposes. The declaration and payment of future dividends is at [...]