#Canada #Vancouver #financial results #Silvercorp Metals #Silver Production

Introduction

Silvercorp Metals Inc., a prominent mining entity known for its silver, lead, and zinc production, has released its operational and financial results for the first quarter of fiscal 2026, ending June 30, 2025. This report highlights impressive growth metrics, including a 13% revenue increase and various production successes. The company's focused exploration initiatives continue to pave the way for potential future success.

Financial Performance Overview

In the latest quarter, Silvercorp reported revenues of approximately $81.3 million, reflecting a 13% growth compared to the same quarter in the previous fiscal year. This increase is primarily attributed to heightened production levels of silver and lead, demonstrating the company's efficient operations and strategic planning.

Production Highlights

During the first quarter of fiscal 2026, Silvercorp achieved the following production milestones:

• - Silver Production: The company produced a total of 1.8 million ounces of silver, which marks a 6% increase from the corresponding period last year. Additionally, the silver equivalent production, comprising both silver and gold outputs, reached approximately 2.0 million ounces.
• - Lead Production: Silvercorp's lead output was about 15.7 million pounds, indicating a slight 1% increase over last fiscal year's corresponding quarter.
• - Zinc Production: The production of zinc, however, saw a decline of 19%, totaling approximately 5.2 million pounds.

Mining Operations and Exploration

The company's operations at key mining districts have shown promising developments:

• - Ying Mining District: This district processed 283,355 tonnes of ore, a remarkable 28% increase year-over-year. Notably, silver and gold outputs rose significantly, with 1,689 Koz of silver produced. Exploration activities saw 81,425 meters of drilling and 19,950 meters of tunneling.
• - GC Mine: In contrast, the GC Mine processed 74,869 tonnes of ore, down 13% from last year, with silver production being reduced to 138 Koz.
• - El Domo Mine: The construction progress is noteworthy with 370,564 cubic meters of material moved, demonstrating the company’s commitment to advancing its projects.
• - Kuanping Mine: Development has commenced, with a total of 481 meters of ramp and tunneling completed, contributing to the company’s diversified mining portfolio.

Future Outlook

Looking ahead, Silvercorp’s future strategies focus on continuous optimization of operations, exploration for resource discovery, and maintaining a long-term commitment to sustainability practices. The company plans to release its unaudited interim financial results for Q1 Fiscal 2026 on August 7, 2025, further detailing its fiscal performance and strategic direction.

Conclusion

Silvercorp Metals Inc. is demonstrating robust growth and an unwavering commitment to operational excellence in the mining sector. With strategic planning and investment in exploration activities, the company remains poised for continued success in the coming quarters. As the market anticipates its next financial report, stakeholders can be hopeful of further positive developments from this notable mining company.