Each one in plain English, with the numbers worked through for a shareholder.
19 Aug 2026drilling result▲ Good
On August 18, 2026 Silvercorp released the first drill results from the Main Zone of the Kyzyltash sulfide gold project in Kyrgyzstan, part of the 50,000-60,000 m program launched by its 70%-owned ZAAV (announced June 22, 2026). The headline hole DH26M687 hit a combined 212.5 m at 1.68 g/t gold and found two new parallel structures; other holes include 39.0 m at 4.79 g/t (with 6.0 m at 22.23 g/t) and 47.0 m at 3.95 g/t. The company says the zones remain open at depth and along 3,640 m of strike, and that since July drilling has shifted mostly to in-fill for a pre-feasibility study. These are drill intercepts, not new resource or reserve figures; the existing October 2025 resource (3.94 Moz measured and indicated, 1.58 Moz inferred) is unchanged. Contact Zone assays are still pending.
On June 29, 2026 Silvercorp announced it filed its Form 40-F annual report for the fiscal year ended March 31, 2026 (including the annual information form, audited financial statements and MD&A), and the updated El Domo technical report by SRK effective December 31, 2025. The release contains no financial results, production figures or technical figures itself; those are in the attached documents.
Silvercorp filed an SRK technical report (dated May 31, 2026, effective December 31, 2025) on the El Domo/Curipamba project in Ecuador, which is under construction. The visible text is the cover and table of contents; it lists reserve, resource, capex and valuation sections, but the figures are cut off, so no new numbers can be stated.
Silvercorp filed an SRK technical report (dated April 20, 2026, effective December 31, 2025) on its Gaocheng (GC) silver-lead-zinc mine in Guangdong, China, updating the August 2024 SRK report. The visible text is the cover page and table of contents; the resource, reserve, mine-life and valuation figures are cut off, so no new numbers can be stated.
On June 24, 2026 Silvercorp filed an amended technical report on the Kyrgyz Tulkubash/Kyzyltash gold projects, replacing the version filed March 6, 2026. It only fixes a typo in two Kyzyltash resource tables, where silver grade was listed under gold grade and the silver figures were wrong. The company says resource estimates, conclusions and recommendations are unchanged and the effective date stays October 15, 2025.
This is the full AMC technical report on the Ying property (report dated June 12, 2026), which covers the seven Ying mines plus the start-up Kuanping (KP) project. Visible text says Silvercorp holds an effective 77.5% in SGX, HZG, TLP, LMW, DCG and KP and 80% in HPG and LME. Ying output was just over 1,000,000 tpa in FY2025, and 459,231 m was drilled since the last report. The reserve and resource tables are cut off in the text, so no new totals can be stated. The QPs call the sample database acceptable but say the QA/QC program is not comprehensive and KP's is insufficient (KP is 0.6% of measured and indicated tonnes). Note the report's effective date is stated as 18 May 2026, while the news release said resources were effective December 31, 2025.
On June 18, 2026 Silvercorp announced it filed the updated NI 43-101 technical report on the Ying mining district (AMC; reserves and resources effective December 31, 2025), following a June 12, 2026 release. It says there are no material differences from that release and gives no new figures in this filing. This updates the 2024 Ying report that the company's earlier plans were based on.
On March 6, 2026 Silvercorp filed its own NI 43-101 technical report (dated February 26, 2026, effective October 15, 2025) on Tulkubash and Kyzyltash in Kyrgyzstan, the projects it acquired in January. It restates the resource figures from the January 20 release: Tulkubash 8.63 Mt measured and indicated at 1.67 g/t gold (462.2 koz), and Kyzyltash 50.31 Mt measured and indicated at 2.44 g/t gold (3,941.9 koz) plus 21.36 Mt inferred (1,576.8 koz). These are resources, not reserves, and were estimated by Silvercorp's own staff. No new figures appear in the visible text.
On February 3, 2026 Silvercorp filed the Condor technical report (dated November 30, 2025, signed January 30, 2026) with qualified-person certificates and consents, and incorporated it into its Form F-10 registration statement. The consents tie the report to the December 22, 2025 news release. This is mainly a paperwork filing for the Condor PEA already announced; the visible text gives no new figures.
On February 2, 2026 Silvercorp announced it filed the full technical report for the Condor gold project's preliminary economic assessment (SRK, effective November 30, 2025). It gives no new figures in this release. It formally files the study whose results were announced December 22, 2025.
On December 22, 2025 Silvercorp released a preliminary economic assessment for an underground mine at Condor, delivering the study it targeted for end of 2025. At US$2,600/oz gold it shows an after-tax value of US$522 million (5% discount) and a 29% return, on initial capital of US$292 million, a 13-year mine life and about 1,375 koz of payable gold. At near-spot US$4,300/oz gold, value is US$1,559 million. It is preliminary, includes inferred resources too speculative to be called reserves, and there is no certainty it will be realised.
On June 12, 2025 Silvercorp said it filed the full technical report (SRK, effective February 28, 2025) behind the Condor resource estimate announced May 12. It states there are no material differences from the May release, so no new figures are given. It also says Condor is not a material property of the company at this time and the estimate was filed voluntarily.
On May 12, 2025 Silvercorp published its first updated resource estimate for Condor in Ecuador (SRK, effective February 28, 2025), for an underground operation. At a 2.2 g/t gold-equivalent cutoff, Camp and Los Cuyes have 3.17 Mt indicated (0.34 Moz gold) and 12.1 Mt inferred (1.38 Moz gold). It plans a 3,500 m, 10-hole drilling program starting May 2025 and a preliminary economic assessment by the end of 2025. This follows through on the December 2024 plan; these are resources, not reserves, with no demonstrated economic viability.
On December 18, 2024 Silvercorp reported more drill results from LMW, one of the seven Ying mines in Henan. Highlights include 34 g/t gold and 4.45% copper over 0.82 m (vein LM28) and 2,705 g/t silver over 18.02 m (vein W18W). From June 2023 to November 2024 it drilled 78,980 m in 678 holes at LMW, and a new vein LM41E2 and a new structure LM54_1 were found. This continues the LM28 and LM50 gold-copper vein work and the LMW drilling in the company's history.
On December 4, 2024 Silvercorp laid out a plan to develop its Condor gold project in Ecuador as a high-grade underground mine, rather than the open-pit design in a 2021 study by a previous operator. Planned steps include a new resource estimate, a new preliminary economic assessment, permitting and two exploration tunnels, then a feasibility study and a construction decision; no budget or dates are given beyond that. It cites past drill results such as 8.98 g/t gold over 16.7 m true width at Los Cuyes. Condor came with the Adventus deal and was previously described as exploration-stage only.
On September 16, 2024 Silvercorp said it has filed the full GC Mine technical report (effective June 30, 2024, by SRK) on SEDAR+ and its website, following the August 27 release. It states there are no material differences between the report and that release, so no new figures are given.
On August 27, 2024 Silvercorp released an updated technical report for the GC mine in Guangdong, effective June 30, 2024. It reports Proven and Probable Reserves of 5.0 Mt (13 Moz silver, 60 kt lead, 141 kt zinc), up 20% in tonnes versus the 2021 report, and Measured and Indicated Resources of 11.5 Mt. It projects a life of mine to FY2038, with post-tax NPV of $63.1M at an 8% discount rate ($62.5M attributable to Silvercorp's 99% interest). This updates the earlier GC mine references in the company's history.
On August 19, 2024 Silvercorp issued an updated technical report for its seven Ying Mining District mines in Henan, with resources and reserves effective June 30, 2024. It reports Proven and Probable Reserves of 12.76 Mt containing 89 Moz silver, plans about 89 Moz silver to be mined over a 14-year life of mine, and gives pre-tax and post-tax NPVs of $896M and $699M (5% discount rate, $22/oz silver). Compared with the 2022 report, reserve silver and gold metal fell 7% and 33% and Inferred silver fell 37%, but reserve tonnes rose 4%. Output is planned to rise from 0.83 Mtpa in FY2024 to about 1.0 Mtpa in FY2025. This is the first published resource figures after the 2022-2023 drilling reports on LMW, SGX, TLP and HPG.
Silvercorp reported drilling results from the TLP mine for June 16 to December 31, 2023: 23,742 m in 180 holes, with results received for 158 and 101 intersecting veins. Highlights include 2,186 g/t silver over 2.29 m on vein T1W2. The company says the intercepts are expected to significantly expand and upgrade resources; no new resource figures are given. This continues the July 2023 TLP drilling report.
Silvercorp reported drilling results from the HPG mine in the Ying Mining District, China, including 4.31 g/t gold over 8.24 m on vein H4 and 6,132 g/t silver over 0.61 m on vein H5E. From January 1, 2022 to November 15, 2023 it drilled 45,046 metres in 297 holes (results received for 270), with 8 rigs now drilling. A newly discovered breccia-zone orebody, B8, has been mined since October 2023 by long-hole stoping. The company says the intercepts have led to significant expansion and upgrading of high-grade resources; no new resource figures are given. This follows the LMW, SGX and TLP drilling reports earlier in 2023.
Silvercorp reported drilling results from the TLP mine in the Ying Mining District, with high-grade silver-lead intercepts such as 8,254 g/t silver over 1.87 m on vein T16. From January 1, 2022 to June 15, 2023 it drilled 66,679 metres in 340 holes (results received for 227), with 10 rigs now drilling. The company says step-out drilling extended the resource area boundary about 300 m to the northeast and that the results have led to resource expansion and upgrading; no new resource figures are given.
Silvercorp reported drilling results from the SGX mine in the Ying Mining District, with high-grade silver-lead intercepts such as 13,490 g/t silver over 0.52 m on vein S14. From January 1, 2022 to June 15, 2023 it drilled 88,194 metres in 488 holes (results received for 483), with 15 rigs now drilling. The company says the results have led to expansion and upgrading of resources and that high-grade blocks can be quickly converted to reserves; no new resource figures are given.
Silvercorp reported drilling results from the LMW mine in China, covering October 1, 2022 to May 31, 2023 (25,692 metres in 189 holes; results received for 145). It found new low-angle gold-copper veins (LM28, LM29, LM30) in the western W Zone, and high-grade intercepts such as 3,943 g/t silver over 3.43 m on vein W1. A 1,000 m by 400 m block of gold vein LM50 has been defined and will be developed for test mining, and test mining of LM26 is underway. This continues the western-vein work from the October 2022 drilling report; the filing does not say these results are yet in reserves or resources.
Silvercorp declared a semi-annual dividend of US$0.0125 per share, payable to holders of record on November 25, 2022, with payment on or before December 16, 2022. It also said it has filed the updated technical report for the Ying Mining District (prepared by AMC Mining Consultants), which follows the September 21, 2022 resource and reserve news release and covers the SGX, HZG, HPG, TLP, LME, LMW and DCG underground mines. The filing does not state new resource figures.
Silvercorp reported drilling results from its LMW mine in the Ying Mining District, China, covering October 1, 2021 to September 30, 2022 (56,803 metres in 416 holes). Highlights include new silver-lead-zinc veins on the west side of LMW outside current mining areas, and a 5.39 m true-width intercept on vein LM26 grading 2,896 g/t silver and 2.58% copper. The company has started two new tunnels and a ramp branch to access the western veins. These results are not yet included in the resource update dated September 21, 2022, so the figures are not yet reflected in reserves or resources.
