Silvercorp reports 50% jump in Ying mining district mineral reserve tonnes in 2026 technical update
PUBT · 3h ago
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- Silvercorp released an updated NI 43-101 technical report for its Ying underground mining district in China, lifting proven and probable reserves to 19 million tonnes.
- Contained reserves rose to 106 million oz silver, up 20%, on lower cutoffs tied to a US$28/oz long-term silver price.
- Mine plan targets about 106 million oz silver over a 17-year life to 2042, with ore output rising to over 1.6 million tonnes by FY2029.
- Economic model at a 5% discount rate estimates NPV of US$1.28 billion pre-tax, US$1.03 billion post-tax, using long-term prices including US$28/oz silver.
Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Silvercorp Metals Inc. published the original content used to generate this news brief on June 12, 2026, and is solely responsible for the information contained therein.
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