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Silvercorp Announces Filing of the Updated Mineral Resource Estimate for its Condor Project

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Silvercorp Metals (SVM) has filed an updated mineral resource estimate Technical Report for its Condor gold project in Ecuador, effective February 28, 2025. The report, prepared by SRK Consulting (Canada) Inc., aligns with National Instrument 43-101 Standards and contains no material differences from the company's previous May 12 release. The Technical Report is available on Silvercorp's website, SEDAR+, and SEC EDGAR. Notably, the company clarified that the Condor Project is not currently considered a material property, and this mineral resource estimate was filed voluntarily.
Silvercorp Metals (SVM) ha presentato un aggiornamento del rapporto tecnico sulla stima delle risorse minerarie per il progetto aurifero Condor in Ecuador, con validità al 28 febbraio 2025. Il rapporto, redatto da SRK Consulting (Canada) Inc., è conforme agli standard del National Instrument 43-101 e non presenta differenze significative rispetto alla precedente versione pubblicata il 12 maggio. Il rapporto tecnico è disponibile sul sito web di Silvercorp, su SEDAR+ e su SEC EDGAR. La società ha inoltre chiarito che il progetto Condor non è attualmente considerato una proprietà rilevante e che questa stima delle risorse minerarie è stata depositata su base volontaria.
Silvercorp Metals (SVM) ha presentado un informe técnico actualizado con la estimación de recursos minerales para su proyecto aurífero Condor en Ecuador, vigente al 28 de febrero de 2025. El informe, elaborado por SRK Consulting (Canadá) Inc., cumple con las normas del National Instrument 43-101 y no presenta diferencias significativas respecto a la versión anterior publicada el 12 de mayo. El informe técnico está disponible en el sitio web de Silvercorp, SEDAR+ y SEC EDGAR. La empresa aclaró que el proyecto Condor no se considera actualmente una propiedad material y que esta estimación de recursos minerales se presentó de forma voluntaria.
Silvercorp Metals(SVM)ëŠ� 2025ë…� 2ì›� 28ì� 기준으로 ì—ì½°ë„르ì� 콘ë„ë¥� ê¸� 프로ì íЏì—� 대í•� 최신 광물 ìžì› 추정 기술 보고서를 제출했습니다. ì� 보고서는 SRK Consulting(ìºë‚˜ë‹�)사가 작성했으ë©� National Instrument 43-101 기준ì—� 부합하ë©�, 5ì›� 12ì¼ì— 발표í•� ì´ì „ 보고서와 실질ì ì¸ ì°¨ì´ê°€ 없습니다. 기술 보고서는 Silvercorp 웹사ì´íЏ, SEDAR+, SEC EDGARì—서 확ì¸í•� ìˆ� 있습니다. 특히 회사ëŠ� 콘ë„ë¥� 프로ì íŠ¸ê°€ 현재 중요 ìžì‚°ìœ¼ë¡œ 간주ë˜ì§€ 않으ë©�, ì´ë²ˆ 광물 ìžì› ì¶”ì •ì€ ìžë°œì ìœ¼ë¡� 제출ë˜ì—ˆìŒì„ 명확íž� 했습니다.
Silvercorp Metals (SVM) a déposé un rapport technique actualisé d'estimation des ressources minérales pour son projet aurifère Condor en Équateur, valable au 28 février 2025. Le rapport, préparé par SRK Consulting (Canada) Inc., est conforme aux normes du National Instrument 43-101 et ne présente pas de différences significatives par rapport à la version précédente publiée le 12 mai. Le rapport technique est disponible sur le site web de Silvercorp, SEDAR+ et SEC EDGAR. La société a précisé que le projet Condor n'est actuellement pas considéré comme une propriété importante et que cette estimation des ressources minérales a été déposée volontairement.
Silvercorp Metals (SVM) hat einen aktualisierten technischen Bericht zur Schätzung der Mineralressourcen für sein Goldprojekt Condor in Ecuador eingereicht, gültig ab dem 28. Februar 2025. Der Bericht, erstellt von SRK Consulting (Canada) Inc., entspricht den Standards des National Instrument 43-101 und weist keine wesentlichen Unterschiede zur vorherigen Veröffentlichung vom 12. Mai auf. Der technische Bericht ist auf der Website von Silvercorp, SEDAR+ und SEC EDGAR verfügbar. Das Unternehmen stellte zudem klar, dass das Condor-Projekt derzeit nicht als bedeutendes Eigentum betrachtet wird und diese Mineralressourcenschätzung freiwillig eingereicht wurde.
Positive
  • Voluntary disclosure demonstrates transparency in reporting
  • Technical report prepared by reputable third-party SRK Consulting
Negative
  • None.

Trading Symbol:ÌýTSX/NYSE American: SVM

VANCOUVER, BC, June 12, 2025 /PRNewswire/ - Silvercorp Metals Inc.Ìý("Silvercorp" or the "Company") (TSX: SVM) (NYSE American: SVM) announces that, further to its news release dated May 12, 2025 (the "Release"), it has filed an updated mineral resource estimate for its Condor gold project (the "Condor Project") titled: "Independent Technical Report for the Condor Project, Ecuador" (the "Technical Report"). The Technical Report is effective February 28, 2025 and was prepared by SRK Consulting (Canada) Inc.

The Technical Report was prepared in accordance with National Instrument 43-101ÌýStandards of Disclosure for Mineral ProjectsÌý("NI 43-101") and can be found on the Company's website atÌý and under the Company's profile atÌý and EDGAR at .

There are no material differences in the information in the Technical Report and the information contained in the Release. The Condor Project is not considered to be a material property of the Company at this time and the MRE was prepared and filed by the Company on a voluntary basis.

About Silvercorp

Silvercorp is a Canadian mining company producing silver, gold, lead, and zinc with a long history of profitability and growth potential. The Company's strategy is to create shareholder value by 1) focusing on generating free cash flow from long life mines; 2) organic growth through extensive drilling for discovery; 3) ongoing merger and acquisition efforts to unlock value; and 4) long term commitment to responsible mining and ESG. For more information, please visit our website at .

For further information

Silvercorp Metals Inc.

Lon ShaverÌý

President

Phone: (604) 669-9397

Toll Free 1(888) 224-1881

Email: [email protected]Ìý

Website: Ìý

Ìý

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SOURCE Silvercorp Metals Inc.

FAQ

What is the significance of Silvercorp's (SVM) Condor Project Technical Report filing?

The Technical Report provides an updated mineral resource estimate for the Condor gold project in Ecuador, though the project is not currently considered material to the company. The filing was voluntary and contains no material differences from the previous May announcement.

Is the Condor Project a material property for Silvercorp (SVM)?

No, according to the press release, the Condor Project is not considered to be a material property of Silvercorp at this time.

Where can investors find Silvercorp's (SVM) Condor Project Technical Report?

The Technical Report is available on Silvercorp's website (www.silvercorpmetals.com), SEDAR+ (www.sedarplus.ca), and SEC EDGAR (www.sec.gov/edgar).

When is the effective date of Silvercorp's (SVM) Condor Project Technical Report?

The Technical Report is effective February 28, 2025.
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