Silvercorp Metals (TSE:SVM) has released an update.
Silvercorp Metals Inc. has released an updated Technical Report for the Ying Mining District, revealing a 14-year mine life with the potential to mine approximately 89 million ounces of silver, as well as significant opportunities to extend the mine’s life through further exploration. The report highlights a substantial replenishment of mined-out metals and projects robust annual production figures for precious and base metals until 2031. Moreover, the updated resource estimates show an 18% increase in measured and indicated mineral resource tonnes compared to the previous report, despite accounting for depletion.
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