Silvercorp Metals Inc. is pleased to report the results of an updated National Instrument 43-101 Technical Report with an effective date of July 31, 2020 , prepared by AMC Mining Consultants Ltd. and covering the and LMW underground mines on the Ying silver-lead-zinc property in Henan Province, China . The authors of the Ying 2020 Technical Report all qualify as independent Qualified Persons . Three of the authors have [...]
Silvercorp Metals Inc. reported its financial and operating results for the first quarter ended June 30, 2020 . All amounts are expressed in US Dollars. Q1 FISCAL YEAR 2021 HIGHLIGHTS Mined 254,555 tonnes of ore, down 1% compared to the prior year quarter; Sold approximately 1.9 million ounces of silver, 1,100 ounces of gold, 20.9 million pounds of lead, and 7.0 million pounds of zinc, representing an increase of 1%, 10 [...]
Silvercorp Metals Inc. is pleased to report that its first underground drill hole at the DCG Mine in the Ying Mining District, Henan Province, China intercepted a 1.90 metre interval grading 15.0 g/t gold. In 2006, Silvercorp acquired the DCG exploration permit, which is adjacent to the north of the TLP Mine. It covers an area of 19.77 km2. A series of drill programs between 2006 and 2011 of 25 drill holes comprised of [...]
Silvercorp Metals Inc. reports production results for the first quarter of Fiscal 2021 ended June 30, 2020. The Company produced approximately 1.8 million ounces of silver, 20.1 million pounds of lead, and 7.5 million pounds of zinc. The Company is on track to produce between 6.2 – 6.5 million ounces of silver, 66.1 – 68.5 million pounds of lead, and 24.5 – 26.7 million pounds of zinc in Fiscal 2021, in accordance with [...]
Silvercorp Metals Inc. reports that the Company has filed today its fiscal 2020 annual report on Form 40-F with the U.S. Securities and Exchange Commission . The Form 40-F, which includes the Company’s fiscal 2020 annual audited financial statements, management’s discussion and analysis, and annual information form, is available on the Company’s website at www.silvercorp.ca and on the SEC’s website at [...]
Silvercorp Metals Inc. announced today that, further to Guyana Goldfields Inc.’s press release of June 3, 2020 announcing receipt of a superior proposal from a third party, Silvercorp has elected not to exercise its “right to match” and will not increase the consideration payable to Guyana Goldfields shareholders under its arrangement agreement with Guyana Goldfields . In the event Guyana Goldfields terminates the [...]
Silvercorp Metals Inc. is pleased to report that a drill program targeting gold mineralization is underway at the LMW, LME and TLP mines within the Ying Mining District, Henan Province, China. Silvercorp has previously reported limited gold assay results in news releases dated January 4, 2011, January 10, 2011, January 26, 2012, February 13, 2012, August 20, 2012, January 31, 2013 and February 19, 2014 for the LMW, LME [...]
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 June 5, 2020, with a payment date of the dividend scheduled on or before June 26, 2020. The dividends are considered eligible dividends for Canadian tax purposes. The declaration and payment of future dividends is at the [...]
Silvercorp Metals Inc. reported its financial and operating results for the fourth quarter and twelve months ended March 31, 2020 . All amounts are expressed in US Dollars. Despite the extended shut-down during the three months ended March 31, 2020 due to COVID-19, the Company was able to achieve full year production target, surpassing its Fiscal 2020 guidance. As reported in the Company’s news release dated May 7, 2020 [...]
Silvercorp Metals Inc. and Guyana Goldfields Inc. are pleased to announce that they have entered into an amending agreement to the arrangement agreement entered into previously and announced on April 27, 2020, pursuant to which Silvercorp agreed to acquire all of the issued and outstanding shares of Guyana Goldfields by way of a court approved plan of arrangement under the Canada Business Corporations Act . Pursuant to [...]
Silvercorp Metals Inc. reports its production results for the fourth quarter and fiscal year ended March 31, 2020 . Fiscal 2020 production guidance was achieved for all metals at all operations . The Company expects to release its audited financial and operating results for the fiscal year ended March 31, 2020 on Thursday, May 21, 2020 after market close. FISCAL YEAR 2020 CONSOLIDATED PRODUCTION HIGHLIGHTS Silvercorp's [...]
Silvercorp Metals Inc. and Guyana Goldfields Inc. are pleased to announce that they have entered into a definitive agreement whereby Silvercorp will acquire all of the issued and outstanding shares of Guyana Goldfields by way of a plan of arrangement under the Canada Business Corporations Act . The Transaction will create a diversified precious metals producer with two profitable underground silver mining operations in [...]
