Buying and selling Image: TSX/NYSE American: SVM
VANCOUVER, BC, April 16, 2025 /PRNewswire/ – Silvercorp Metals Inc. (“Silvercorp” or the “Company”) (TSX: SVM) (NYSE American: SVM) experiences manufacturing and gross sales figures for the fourth quarter (“Q4 Fiscal 2025”) and monetary moment ended March 31, 2025 (“Fiscal 2025”) and the manufacturing and price steerage for the 2026 fiscal moment finishing March 31, 2026 (‘Fiscal 2026″). Silvercorp expects to release its Fiscal 2025 audited financial results on Thursday, Would possibly 22, 2025, next marketplace alike.
This fall Fiscal 2025 Operational Highlights
- Earnings of roughly $75.1 million, an building up of 76% over the similar quarter utmost moment (“Q4 Fiscal 2024”);
- Ore processed 345,984 tonnes, up 46% over This fall Fiscal 2024;
- Silver manufacturing of one.6 million oz, an building up of 42% over This fall Fiscal 2024; silver similar (handiest silver and gold)i manufacturing of roughly 1.9 million oz, in comparison to 1.3 million oz in This fall Fiscal 2024;
- Top manufacturing of roughly 16.3 million kilos, an building up of 30% over This fall Fiscal 2024; and
- Zinc manufacturing of roughly 4.4 million kilos, a snip of three% over This fall Fiscal 2024.
Fiscal 2025 Operational Highlights
- File income of roughly $298.9 million, up 39% over Fiscal 2024;
- File silver manufacturing of roughly 6.9 million oz, up 12% and throughout the Corporate’s annual manufacturing steerage to form 6.8 to 7.2 million oz of silver in Fiscal 2025; silver similar (handiest silver and gold) manufacturing of roughly 7.6 million oz, an building up of eleven% over Fiscal 2024.
This fall Fiscal 2025 Operational Effects
On the Ying Mining District, 304,224 tonnes of ore have been processed, up 69% over This fall Fiscal 2024. Roughly 1,563 Koz (1000’s of oz) of silver, 3,110 ounces (oz) of gold, or 1,850 Koz of silver similar plus 15,563 Klbs (1000’s of kilos) of supremacy, and a couple of,039 Klbs of zinc have been produced, representing manufacturing will increase of 62%, 47%, 50%, 38%, and 17%, respectively, in gold, silver, silver similar, supremacy and zinc over This fall Fiscal 2024.
On the GC Mine, 41,760 tonnes of ore have been processed, ill 27% over This fall Fiscal 2024. Roughly 67 Koz of silver, 699 Klbs of supremacy, and a couple of,365 Klbs of zinc have been produced, representing decreases of 23%, 42% and 16%, respectively, in silver, supremacy and zinc over This fall Fiscal 2024.
This fall Fiscal 2025 |
This fall Fiscal 2024 |
||||||
Ying Mining District |
GC |
Consolidated |
Ying Mining District |
GC |
Consolidated |
||
Manufacturing Information |
|||||||
Ore Processed (tonnes) |
304,224 |
41,760 |
345,984 |
180,267 |
57,226 |
237,493 |
|
Gold ore (tonne) |
39,025 |
— |
39,025 |
21,843 |
— |
21,843 |
|
Silver ore (tonne) |
265,199 |
41,760 |
306,959 |
158,424 |
57,226 |
215,650 |
|
Head Grades |
|||||||
Silver (gram/tonne) |
172 |
61 |
197 |
57 |
|||
Top (%) |
2.6 |
0.9 |
3.1 |
1.1 |
|||
Zinc (%) |
0.5 |
2.9 |
0.6 |
2.5 |
|||
Healing Charges |
|||||||
Silver (%) |
94.2 |
83.7 |
94.4 |
83.2 |
|||
Top (%) |
92.3 |
87.4 |
95.0 |
89.8 |
|||
Zinc (%) |
67.3 |
90.3 |
70.2 |
89.3 |
|||
Steel Manufacturing |
|||||||
Gold (ounces) |
3,110 |
— |
3,110 |
1,916 |
— |
1,916 |
|
Silver (Koz) |
1,563 |
67 |
1,630 |
1,063 |
87 |
1,150 |
|
Silver similar (Koz) |
1,850 |
67 |
1,917 |
1,237 |
87 |
1,324 |
|
Top (Klb) |
15,563 |
699 |
16,262 |
11,317 |
1,210 |
12,527 |
|
Zinc (Klb) |
2,039 |
2,365 |
4,404 |
1,750 |
2,809 |
4,559 |
|
Metals Offered |
|||||||
Gold (ounces) |
3,465 |
— |
3,465 |
1,916 |
— |
1,916 |
|
Silver (Koz) |
1,522 |
77 |
1,599 |
1,052 |
87 |
1,139 |
|
Top (Klb) |
15,479 |
784 |
16,263 |
10,821 |
1,051 |
11,872 |
|
Zinc (Klb) |
2,087 |
2,401 |
4,488 |
1,730 |
2,702 |
4,432 |
Fiscal 2025 Operational Effects
On the Ying Mining District, 1,013,659 tonnes of ore have been processed, up 24% over Fiscal 2024. A complete of 6,431 Koz of silver, 7,495 ounces of gold, or 7.495 Koz of silver similar, 56,847 Klbs of supremacy, and eight,552 Klbs of zinc have been produced, representing will increase of 13%, 3%, 12%, 1% and four%, respectively, in silver, gold, silver similar, supremacy and zinc over Fiscal 2024.
On the GC Mine, 299,036 tonnes of ore have been processed, up 3% over Fiscal 2024. A complete of 517 Koz of silver, 5,323 Klbs of supremacy, and 14,765 Klbs of zinc have been produced, representing decreases of two%, 23% and three%, respectively, in silver, supremacy and zinc over Fiscal 2024.
Time ended March 31, 2025 |
Time ended March 31, 2024 |
||||||
Ying Mining District |
GC |
Consolidated |
Ying Mining District |
GC |
Consolidated |
||
Manufacturing Information |
|||||||
Ore Processed (tonne) |
1,013,659 |
299,036 |
1,312,695 |
816,145 |
290,050 |
1,106,195 |
|
Gold ore (tonne) |
86,488 |
— |
86,488 |
58,262 |
— |
58,262 |
|
Silver ore (tonne) |
927,171 |
299,036 |
1,226,207 |
757,883 |
290,050 |
1,047,933 |
|
Head Grades |
|||||||
Silver (gram/tonne) |
212 |
67 |
231 |
69 |
|||
Top (%) |
2.8 |
0.9 |
3.4 |
1.2 |
|||
Zinc (%) |
0.6 |
2.5 |
0.7 |
2.6 |
|||
Healing Charges |
|||||||
Silver (%) |
94.7 |
83.1 |
94.9 |
82.0 |
|||
Top (%) |
93.6 |
89.3 |
95.1 |
90.5 |
|||
Zinc (%) |
69.7 |
90.3 |
70.6 |
90.0 |
|||
Steel Manufacturing |
|||||||
Gold (ounces) |
7,495 |
— |
7,495 |
7,268 |
— |
7,268 |
|
Silver (Koz) |
6,431 |
517 |
6,948 |
5,677 |
527 |
6,204 |
|
Silver similar (Koz) |
7,072 |
517 |
7,589 |
6,317 |
527 |
6,844 |
|
Top (Klb) |
56,847 |
5,323 |
62,170 |
56,269 |
6,902 |
63,171 |
|
Zinc (Klb) |
8,552 |
14,765 |
23,317 |
8,213 |
15,172 |
23,385 |
|
Metals Offered |
|||||||
Gold (ounces) |
7,577 |
— |
7,577 |
7,268 |
— |
7,268 |
|
Silver (Koz) |
6,405 |
525 |
6,930 |
5,717 |
518 |
6,235 |
|
Top (Klb) |
56,787 |
5,469 |
62,256 |
54,292 |
6,333 |
60,625 |
|
Zinc (Klb) |
8,601 |
14,868 |
23,469 |
8,240 |
15,010 |
23,250 |
Fiscal 2026 Manufacturing, Money Prices, and Capital Expenditure Steering
- Steering for Fiscal 2026 manufacturing, money and all-in maintaining (AIS)prices
In Fiscal 2026, the Corporate expects to procedure 1,331,000 to one,369,000 tonnes of ore, handover roughly 8,100 to 9,000 ounces of gold, 7,380 to 7,600 Koz of silver, 65,200 to 66,900 Klbs of supremacy, and 29,300 to 30,300 Klbs of zinc. The steerage represents 1% – 4% building up in ore processed, and 21% to 39% in gold, 6% to 9% in silver, 5% to eight% in supremacy, and 26% to 30% in zinc steel manufacturing, in comparison to the Fiscal 2025 effects.
Manufacturing |
F2026 Steering |
Time ended March 31, 2025 |
|||||||||||||||||||
Ying Mining District |
GC |
Consolidated |
Ying Mining District |
GC |
Consolidated |
||||||||||||||||
Low |
Top |
Low |
Top |
Low |
Top |
Fresh |
|||||||||||||||
Ore Processed (tonne) |
1,031,000 |
1,057,000 |
300,000 |
312,000 |
1,331,000 |
1,369,000 |
1,013,659 |
299,036 |
1,312,695 |
||||||||||||
Gold ore (tonne) |
131,000 |
142,000 |
— |
— |
131,000 |
142,000 |
86,488 |
— |
86,488 |
||||||||||||
Silver ore (tonne) |
900,000 |
915,000 |
300,000 |
312,000 |
1,200,000 |
1,227,000 |
927,171 |
299,036 |
1,226,207 |
||||||||||||
Head Grades |
|||||||||||||||||||||
Gold (gram/t) |
0.3 |
— |
0.3 |
— |
|||||||||||||||||
Silver (gram/t) |
225 |
74 |
212 |
67 |
|||||||||||||||||
Top (%) |
2.8 |
1.1 |
2.8 |
0.9 |
|||||||||||||||||
Zinc (%) |
0.7 |
2.9 |
0.6 |
2.5 |
|||||||||||||||||
Steel Manufacturing |
|||||||||||||||||||||
Gold (ounces) |
9,100 |
10,400 |
— |
— |
9,100 |
10,400 |
7,495 |
— |
7,495 |
||||||||||||
Silver (in Koz) |
6,800 |
7,000 |
580 |
600 |
7,380 |
7,600 |
6,431 |
517 |
6,948 |
||||||||||||
Top (in Klb) |
58,800 |
60,300 |
6,400 |
6,600 |
65,200 |
66,900 |
56,847 |
5,323 |
62,170 |
||||||||||||
Zinc (in Klb) |
11,800 |
12,200 |
17,500 |
18,100 |
29,300 |
30,300 |
8,552 |
14,765 |
23,317 |
||||||||||||
Prices |
F2026 Steering |
9 months ended December 31, 2024 |
|||||||||||||||||||
Ying Mining District |
GC |
Consolidated |
Ying Mining District |
GC |
Consolidated |
||||||||||||||||
Money Price ($/t) |
86.8 |
88.4 |
60.3 |
60.8 |
80.7 |
82.1 |
89.2 |
51.4 |
80.2 |
||||||||||||
AISC ($/t) |
157.8 |
160.5 |
90.9 |
92.6 |
154.8 |
157.8 |
146.6 |
77.9 |
145.7 |
||||||||||||
The Ying Mining District plans to procedure 1,031,000 to one,057,000 tonnes of ore, to form 9,100 to ten,400 ounces of gold, 6,800 to 7,000 Koz of silver, 58,800 to 60,300 Klbs of supremacy, and 11,800 to twelve,200 Klbs of zinc for Fiscal 2026. This manufacturing steerage represents manufacturing will increase of two% to 4% in ore, 21% to 39% in gold, 6% to 9% in silver, 3% to six% in supremacy and 38% to 43% in zinc, in comparison to the Fiscal 2025 effects.
The money priceii on the Ying Mining District is anticipated to be $86.8 to $88.4 in line with tonne of ore, similar to the money price of $89.2 for the primary 9 months of Fiscal 2025 ended December 31, 2024. The all-in maintaining price (AISC)ii is estimated at $157.8 to $160.5 in line with tonne, upper than the AISC of $146.6 recorded within the first 9 months of Fiscal 2025 because of the unused law of two.3% mineral proper royalty in China.
The GC Mine plans to procedure 300,000 to 312,000 tonnes of ore to form 580 to 600 Koz of silver, 6,400 to six,600 Klbs of supremacy, and 17,500 to 18,100 Klbs of zinc. Fiscal 2026 manufacturing steerage on the GC Mine represents manufacturing will increase of 0.3% to 4% in ore and 12% to 16% in silver, 20% to 24% in supremacy and 19% to 23% in zinc in comparison to the Fiscal 2025 effects.
The money price on the GC Mine is anticipated to be $60.3 to $60.8 in line with tonne of ore, in comparison to $51.4 recorded within the first 9 months of Fiscal 2025. The AISC is estimated at $90.9 to $92.6 in line with tonne of ore processed, in comparison to $77.9 recorded within the first 9 months of Fiscal 2025 as extra building tunneling has been deliberate in Fiscal 2026. The mineral proper royalty won’t practice to the GC Mine till the mining license is renewed in 2040.
The consolidated money price in Fiscal 2026 is anticipated to be $80.7 to $82.1 in line with tonne, time the consolidated AISC is anticipated to be $154.8 to $157.8 in line with tonne.
- Fiscal 2026 capital expenditure steerage for China Operations
The desk under summarizes the capital expenditure the Corporate expects to be incurred for our tasks in China in Fiscal 2026.
Fiscal 2026 Steering |
||||||
Ying Mining District |
GC Mine |
Kuanping |
General |
|||
Capitalized |
Ramp and Building Tunneling1 |
(Metres) |
38,800 |
5,700 |
6,300 |
50,800 |
($ Million) |
25.3 |
3.6 |
2.7 |
31.6 |
||
Exploration Tunneling |
(Metres) |
67,700 |
11,100 |
1,300 |
80,100 |
|
($ Million) |
24.8 |
3.9 |
0.4 |
29.1 |
||
Diamond Drilling |
(Metres) |
190,600 |
48,400 |
— |
239,000 |
|
($ Million) |
5.8 |
1.1 |
— |
6.9 |
||
Amenities and Equipment1 |
($ Million) |
17.5 |
0.7 |
0.8 |
19.0 |
|
General |
($ Million) |
73.4 |
9.3 |
3.9 |
86.6 |
|
Expensed (incorporated as money price) |
Mining Preparation Tunneling |
(Metres) |
67,300 |
11,400 |
— |
78,700 |
($ Million) |
27.1 |
4.6 |
— |
31.7 |
||
Diamond Drilling |
(Metres) |
58,500 |
12,600 |
— |
71,100 |
|
($ Million) |
1.7 |
0.3 |
3.9 |
2.0 |
||
Notice 1: Pieces incorporated in AISC |
1. Ying Mining District
The overall capital expenditure on the Ying Mining District in Fiscal 2026 is estimated at $73.4 million because the Corporate continues to optimize the mine plan to extend ore manufacturing and develop its mineral assets. Projected spending will likely be:
- $25.3 million to manufacture 38,800 metres of ramps and tunnels for transportation and get entry to, incorporated in AISC;
- $24.8 million to manufacture 67,700 metres of exploration tunnels and $5.8 million to drill 190,600 metres of exploration diamond drill holes; and
- $17.5 million on apparatus alternative and facility improve and development, incorporated in AISC.
Along with the above paintings, the Corporate additionally plans to finish and expense 67,300 metres of mining preparation tunnels and 58,500 metres of diamond drilling on the Ying Mining District, incorporated as a part of the money price.
2. GC Mine
The overall capital expenditure on the GC Mine in Fiscal 2026 is estimated at $9.3 million to preserve its manufacturing and mineral assets. Projected spending will likely be:
- $3.6 million to manufacture 5,700 metres of ramps and tunnels, incorporated in AISC;
- $3.9 million to manufacture 11,100 metres of exploration tunnels and $1.1 million to drill 48,400 metres of exploration diamond drill holes; and
- $0.7 million on apparatus alternative, facility upgrades and development, incorporated in AISC.
Along with the above paintings, the Corporate additionally plans to finish and expense 11,400 metres of mining preparation tunnels and 12,600 metres of diamond drilling on the GC Mine, incorporated as a part of the money price.
3. Kuanping Undertaking
The Kuanping Undertaking has won all allows and licenses for mine development, and the get entry to street and website online preparation paintings has began. In Fiscal 2026, the Corporate will make investments $3.9 million for the development of the mine, which incorporates $2.7 million on 6,300 metres of ramp and tunnel building $0.4 million on 1,300 metres of exploration tunnels, $0.8 million on apparatus.
4. Fiscal 2026 capital expenditure steerage for Ecuador Operations
The Corporate is making ready a detached press shed at the steerage of its Ecuador Operations.
About Silvercorp
Silvercorp is a Canadian mining corporate generating silver, gold, supremacy, and zinc with a protracted historical past of profitability and expansion doable. The Corporate’s technique is to develop shareholder worth through 1) that specialize in producing separate money tide from lengthy past mines; 2) natural expansion thru in depth drilling for discovery; 3) ongoing merger and acquisition efforts to free up worth; and four) longer term loyalty to accountable mining and ESG. For more info, please discuss with our site at www.silvercorpmetals.com.
For additional data
Silvercorp Metals Inc.
Lon Shaver
President
Telephone: (604) 669-9397
Toll Sovereign 1(888) 224-1881
Electronic mail: [email protected]
Web site: www.silvercorpmetals.com
CAUTIONARY DISCLAIMER – FORWARD-LOOKING STATEMENTS
This information shed contains “forward-looking statements” throughout the that means of america Personal Securities Litigation Reform Operate of 1995 and “forward-looking information” throughout the that means of appropriate securities rules with regards to, amongst alternative issues statements in regards to the Corporate’s Fiscal 2026 manufacturing, money prices, and capital expenditures steerage, and timing of shed the Corporate’s Fiscal 2025 audited monetary effects. Through their very nature, forward-looking statements contain identified and unknown dangers, uncertainties and alternative components that can reason our fresh effects, efficiency or achievements to be materially other from any life effects, efficiency or achievements expressed or implied through the forward-looking statements. Ahead-looking data would possibly in some instances be recognized through phrases reminiscent of “will”, “anticipates”, “expects”, “intends” and related expressions suggesting life occasions or life efficiency. Ahead-looking statements relate to, amongst alternative issues: the cost of silver and alternative metals; the accuracy of mineral useful resource and mineral keep estimates on the Corporate’s subject material houses; estimates of the Corporate’s revenues and capital expenditures; estimated manufacturing from the Corporate’s mines within the Ying Mining District and the GC Mine; timing of receipt of allows and regulatory approvals; availability of price range from manufacturing to finance the Corporate’s operations; and get entry to to and availability of investment for life development, importance of proceeds from any financing and building of the Corporate’s houses.
Fresh effects would possibly range from forward-looking statements. We warning that each one forward-looking data is inherently topic to modify and lack of certainty and that fresh effects would possibly range materially from the ones expressed or implied through the forward-looking data. Plenty of dangers, uncertainties and alternative components, together with fluctuating commodity costs; fresh marketplace occasions and status; estimation of mineral assets, mineral reserves and mineralization and steel fix; interpretations and suppositions of mineral useful resource and mineral keep estimates; exploration and building systems; surrounding alternate; financial components affecting the Corporate; timing, estimated quantity, capital and working expenditures and financial returns of life manufacturing; integration of life acquisitions into present operations; allows and licences for mining and exploration in China; name to houses; non-controlling pastime shareholders; acquisition of commercially mineable mineral rights; financing; pageant; operations and political statuses; regulatory state in China; regulatory state and political surrounding in Bolivia and Ecuador; adjustments in nationwide and native executive’s taxation, controls, political or financial traits; integration and operations of Adventus; environmental dangers; herbal failures; dependence on control and key workforce; foreign currency echange fee fluctuations; insurance coverage; dangers and hazards of mining operations; conflicts of pastime; inner regulate over monetary reporting as in line with the necessities of the Sarbanes-Oxley Operate; consequence of tide or life litigation or regulatory movements; bringing movements and implementing judgments beneath U.S. securities rules; cyber-security dangers; community fitness crises; the Corporate’s funding in Untouched Pacific Metals Corp. and Tincorp Metals Inc.; and the alternative chance components described within the Corporate’s Annual Knowledge Mode and within the Corporate’s Annual Document on Mode 40-F, and alternative filings with Canadian and U.S. regulators on www.sedarplus.ca and www.sec.gov; may reason fresh effects and occasions to range materially from the ones expressed or implied within the forward-looking data or may reason our tide targets, methods and intentions to modify. Even though the Corporate has tried to spot noteceable components that might reason fresh effects to range materially, there is also alternative components that reason effects to not be as expected, estimated, described or supposed. Accordingly, we warn buyers to workout warning when taking into account statements containing forward-looking data and that it will be unreasonable to depend on such statements as growing felony rights relating to our life effects or plans. We can’t promise that any forward-looking data will materialize and you’re cautioned to not park undue reliance in this forward-looking data. Any forward-looking data contained on this information shed represents expectancies as of the age of this information shed and is topic to modify next such age. Then again, we’re beneath deny legal responsibility (and we expressly abandon this type of legal responsibility) to replace or regulate any statements containing forward-looking data, the standards or suppositions underlying them, whether or not because of unused data, life occasions or another way, with the exception of as required through regulation. All the forward-looking data on this information shed is certified through the cautionary statements herein.
A complete dialogue of alternative dangers that affect Silvercorp can be discovered of their community experiences and filings which can be to be had beneath its profile at www.sedarplus.ca.
i Silver similar is calculated through changing the gold steel dozen to its silver similar the use of the ratio between the online discovered promoting costs of gold and silver completed, and upcoming including the transformed quantity expressed in silver oz to the oz of silver.
iiMoney price and AISC in line with tonne are non-GAAP measures. Money price in line with tonne is calculated in line with the entire money manufacturing price on a gross sales foundation, adjusted for adjustments in stock, to reach at overall money price this is indistinguishable to ore manufacturing right through the length. The overall money price is upcoming additional divided into mining price, delivery price, and milling price. Money price in line with tonne is the entire of in line with tonne mining price, in line with tonne milling price, and in line with tonne milling price. AISC is the extensions of money price. AISC in line with tonne is in line with the Corporate’s money price, and additional come with basic and administrative bills, executive charges and alternative taxes, reclamation prices accretion, rent legal responsibility bills, and maintaining capital expenditures that already paid. Mineral assets tax, which principally levy in line with income, aren’t incorporated within the calculation of AISC.
SOURCE Silvercorp Metals Inc.