Silvercorp Metals Inc.(TSX:SVM)

About

Headquartered in Vancouver, Canada, Silvercorp is a Canadian mining company with an 18-year operating track record. Our mission is to build and operate profitable mines that generate sustainable economic, social, and environmental value for all stakeholders. Silvercorp trades under the symbol SVM on the TSX and NYSE American.

Verified company data

Cash position

$123.9 million

Shares outstanding

218630129

Fully diluted shares

224072726

Mineral resource

BYP Mineral Resources Estimate as of 30 June, 2024 (1.2 g/t Au and 2.2% ZnEq cut-off) Notes: 1. The Statement of Estimates of Mineral Resources has been compiled under direction of Mr. Song Huang, who is a full-time employee of RPM and Member of the Australian Institute of Geoscientists and has sufficient experience that is relevant to the style of mineralization and type of deposit under consideration and to the activity that they have undertaken to qualify as a Qualified Person as defined in the CIM Standards of Disclosure. 2. All Mineral Resources figures reported in the table above represent estimates based on drilling completed up to 30th June 2024. Mineral Resource estimates are not precise calculations, being dependent on the interpretation of limited information on the location, shape and continuity of the occurrence and on the available sampling results. The totals contained in the above table have been rounded to reflect the relative uncertainty of the estimate. Rounding may cause some computational discrepancies. 3. Silvercorp holds a 70% equity interest of BYP project, the Statement of Mineral Resources is reported on a 100% basis and does not reflect the ownership status. 4. Zn Equivalent (ZnEq) calculated using long term "Energy & Metals Consensus Forecasts" June 2024 average of USD$2,220/oz for Au, USD$2,370/t for Pb, USD$3,110/t for Zn (increasing 20% by prediction) and processing recovery of 87.41% Au, 85.87% Pb and 92.71% Zn based on 2018 BYP development and utilization plan report. Based on grades and contained metal for Au, Pb and Zn, it is assumed that all commodities have reasonable potential to be economically extractable. a. The formulas used for equivalent grade is: ZnEq= Zn + Pb*0.7058 + Au*2.1638 b. The formula used for Au ounces is: Au Oz = [Tonnage x Au grade (g/t)]/31.1035 5. Mineral Resources are reported on a dry in-situ basis. 6. Mineral Resources are reported at a 1.2 g/t Au cut-off or a 2.2% Zn equivalent cut-off. Cut-off parameters were selected based on an RPM internal cut-off calculator in which the gold price of USD$2,220 per ounce, Lead price of USD$2,370/t and Zinc price of USD$3,110/t, inflated by 120% of prices from "Energy & Metals Consensus Forecasts" to reflect long term price movements were applied, and the mining cost of USD$41 per tonne, processing cost of USD$16 per tonne milled and processing recovery of 87.41% Au, 85.87% Pb and 92.71% Zn. 7. Mining license depth limit of “Above RL -220m” was applied for the Mineral Resource reporting. 8. The Mineral Resources referred to above have not been subject to detailed economic analysis and therefore have not been demonstrated to have actual economic viability.

Projects

["### GC Mine\n\n\n\n#### Overview\n\nGaocheng (GC) is a **silver-lead-zinc underground mine** located in Guangdong Province, China, about 200 km west of the provincial capital, Guangzhou. The mine has been in production since 2014.\n\n5.5 Km2\n\nProperty\n\n13 years\n\nReserve Life\n\nPrimary Silver-Zinc\n\nLead By-product\n\n517 Koz\n\nFY2025 Silver Production\n\n1\n\nUnderground Mine\n\nUS$3.12/oz\n\nFY2025 AISC1\n\n1 AISC refers to all-in sustaining costs in US$ per ounce, net of by-product credits.\n\n## Mining\n\nUnderground mining is supported by a main shaft and a decline, producing about 330 Kt of ore per year. The primary mining method is shrinkage stoping, with resuing used for narrower, high-grade veins. Since the commissioning of the paste backfill plant in 2021, the safer and more efficient overhand cut-and-fill method has been increasingly used.\n\n\n\n## GC Mine Quick Facts\n\n| | | |\n| --- | --- | --- |\n| **MINING LICENSE** | **VALID PERIOD** | **OWNERSHIP** |\n| **No. C1000002010113210083333** | June 2012 to November 2040 | 99% |\n\n## Processing\n\nOre is processed at a sulphide flotation plant with a design capacity of up to **1,600 tpd**, producing silver-lead and zinc concentrates sold to local smelters on market terms. A gravity circuit on the pyrite flotation tails also recovers tin concentrates.\n\nAn XRT intelligent ore sorting system was commissioned in March 2023.\n\nA portion of the dewatered tailings is sent to the backfill system, where it is made into paste and pumped underground to reduce the surface footprint. The remaining tailings are further dewatered and dry-stacked in a facility that is progressively reclaimed—a safe and environmentally preferred method of tailings storage.\n\n\n\n## FY2025 Revenue Mix\n\n\n\n## Geology\n\nThe GC deposit hosts **poly-metallic veins typical of mesothermal systems**. The veins are fault-controlled and occur within altered zones that can extend meters above and below the faults. They are steeply dipping, with an average thickness of ~0.8 m, and have sharp contacts with the host rock.\n\nSilver, zinc, and lead mineralization generally follow the fault direction. High-grade zones occur at intersections of northwest–west and east–west faults, forming east-plunging shoots. To date, 256 veins have been identified at GC.\n\n\n\n## Exploration stats\n\n>527 Km\n\nDrilling since 2011\n\n~61 Km\n\nPlanned drilling in FY2026\n\n>121 Km\n\nTunneling since 2011\n\n~23 Km\n\nPlanned tunneling in FY2026\n\n## Latest News\n\n- [Silvercorp Announces Filing of Updated Technical Report for the GC Mine](http://c/Users/carma/Downloads/%E2%80%A2%20https:/silvercorpmetals.com/silvercorp-announces-filing-of-updated-technical-report-for-the-gc-mine/) – **16 September 2024**\n- [GC Mine Safety Production Permits Renewed](https://silvercorpmetals.com/gc-mine-safety-production-permits-renewed/) – **05 September 2023**\n\n## Latest Tech Report\n\n- [2024 GC Mine NI 43-101 Technical Report](https://silvercorpmetals.com/wp-content/uploads/2024/09/2024-GC-Mine-NI-43-101-Technical-Report.pdf)\n\n## Media\n\n[](https://silvercorpmetals.com/wp-content/uploads/2022/10/newgcmineintro-1-1024x687.webp)\n\n[](https://silvercorpmetals.com/wp-content/uploads/2022/10/newgcmineintro-1024x687.webp)\n\n[](https://silvercorpmetals.com/wp-content/uploads/2022/10/gcmineralprocessing8-1024x688.webp)\n\n### Projects\n\n- [Go to /projects/](https://silvercorpmetals.com/projects/)\n\n\n\n\n\n### Overview\n\n- ### Producing\n\n - [Go to /ying-mining-district/](https://silvercorpmetals.com/ying-mining-district/)\n\n\n\n\n\n ### Ying Mining District\n\n - [Go to /gc-mine/](https://silvercorpmetals.com/gc-mine/)\n\n\n\n\n\n ### GC Mine\n- ### Construction\n\n - [Go to /el-domo/](https://silvercorpmetals.com/el-domo/)\n\n\n\n\n\n ### El Domo\n- ### Permitting\n\n - [Go to /byp-mine/](https://silvercorpmetals.com/byp-mine/)\n\n\n\n\n\n ### BYP\n- ### Development\n\n - [Go to /condor/](https://silvercorpmetals.com/condor/)\n\n\n\n\n\n ### Condor\n\n - [Go to /tulkubash-kyzyltash/](https://silvercorpmetals.com/tulkubash-kyzyltash/)\n\n\n\n\n\n ### Tulkubash & Kyzyltash\n- [Go to /technical-reports/](https://silvercorpmetals.com/technical-reports/)\n\n\n\n\n\n### Technical Reports\n\n- [Go to /reserves-resources/](https://silvercorpmetals.com/reserves-resources/)\n\n\n\n\n\n### Reserves & Resources\n\n- [Go to /enterprise-blog/](https://silvercorpmetals.com/enterprise-blog/)\n\n\n\n\n\n### Enterprise Blog\n\n\n### Subscribe For Updates\n\n#### Search\n\n[View more](https://silvercorpmetals.com/gc-mine/)\n\n\n\n[Go to https://www.facebook.com/SilvercorpMetalsSVM/](https://www.facebook.com/SilvercorpMetalsSVM/)[](https://twitter.com/SilvercorpSVM)[Go to https://www.linkedin.com/company/silvercorp-metals-inc/](https://www.linkedin.com/company/silvercorp-metals-inc/)[Go to https://www.tiktok.com/@silvercorpsvm](https://www.tiktok.com/@silvercorpsvm)[Go to https://www.youtube.com/@silvercorpmetals](https://www.youtube.com/@silvercorpmetals)\n\n- [Go to tel:604-669-9397](tel:604-669-9397)\n\n\n\n\n\n### 604-669-9397\n\n\n- [Go to mailto:info@silvercorp.ca](mailto:info@silvercorp.ca)\n\n\n\n\n\n### info@silvercorp.ca\n\n[CONTACT](https://silvercorpmetals.com/contact-details/)\n\n[PRIVACY](https://silvercorpmetals.com/privacy-policy-2/)\n\n[DISCLAIMER](https://silvercorpmetals.com/disclaimer/)\n\n© Copyright, Silvercorp Metals Inc. \\| 2026 All rights reserved\n\n[Terms and Conditions](https://silvercorpmetals.com/terms-and-conditions/)\n\n---\n\n[Go to https://www.facebook.com/SilvercorpMetalsSVM/](https://www.facebook.com/SilvercorpMetalsSVM/)\n\n[Go to https://www.linkedin.com/company/silvercorp-metals-inc/](https://www.linkedin.com/company/silvercorp-metals-inc/)[Go to https://www.tiktok.com/@silvercorpsvm](https://www.tiktok.com/@silvercorpsvm)[Go to https://www.youtube.com/@silvercorpmetals](https://www.youtube.com/@silvercorpmetals)\n\nTickers Widget\n\n[NYSE American: SVMHoliday10.27D\\\n\\\n2.09%0.21](https://www.tradingview.com/symbols/AMEX-SVM/?utm_campaign=tickers&utm_medium=widget&utm_source=silvercorpmetals.com) [TSX: SVMPost-market14.79D\\\n\\\n1.65%0.24](https://www.tradingview.com/symbols/TSX-SVM/?utm_campaign=tickers&utm_medium=widget&utm_source=silvercorpmetals.com) [SilverMarket closed62.3724R\\\n\\\n2.30%1.4009](https://www.tradingview.com/symbols/TVC-SILVER/?utm_campaign=tickers&utm_medium=widget&utm_source=silvercorpmetals.com) [GoldMarket closed4,174.760R\\\n\\\n1.26%52.008](https://www.tradingview.com/symbols/TVC-GOLD/?utm_campaign=tickers&utm_medium=widget&utm_source=silvercorpmetals.com)\n\n[Visit TradingView — financial charting platform and trading community](https://www.tradingview.com/?utm_campaign=tickers-logo&utm_medium=widget&utm_source=silvercorpmetals.com)\n\nTicker data delayed by 20 minutes\n\n### Producing\n\n### Ying Mining District\n\n\n\n#### Overview\n\nYing is a **silver-lead-zinc underground mining district** located in Henan Province, China, about 240 km west-southwest of Zhengzhou, and 145 km southwest of Luoyang, the nearest major city . Ying has been in production since 2006.\n\n68.6 Km2\n\nProperty\n\n15 years\n\nReserve Life\n\nPrimary Silver\n\nLead, Zinc, Gold By-products\n\n6.4 MozFY2025 Silver Production\n\n7\n\nUnderground Mines\n\nUS$9.68/oz\n\nFY2025 AISC1\n\n1 AISC refers to all-in sustaining costs in US$ per ounce, net of by-product credits.\n\n## MINING\n\nUnderground mining is supported by multiple ramps and shafts, producing about 1.0 Mt of ore per year. Ongoing development of expanded ramps and tunnels will enhance underground access and material handling; the goal is to phase out shafts in favour of a trackless system. Mining methods are also transitioning from labour-intensive practice to a more mechanized system, enhancing efficiency and safety.\n\n\n\n## YING MINES QUICK FACTS\n\n| | | | |\n| --- | --- | --- | --- |\n| **MINING LICENSE** | **AREA** | **MINES** | **OWNERSHIP** |\n| **Yuelianggou** | 19.8 km2 | SGX<br>HZG | 77.5%<br>77.5% |\n| **Haopinggou** | 6.2 km2 | HPG | 80% |\n| **Tieluping-Longmen** | 22.8 km2 | TLP<br>LME<br>LMW | 77.5%<br>80%<br>77.5% |\n| **Dongcaogau** | 19.8 km2 | DCG | 77.5% |\n\n## KUANGPING SATELLITE DEVELOPMENT\n\nKuanping, located 33 km north of Ying, was acquired in 2021 for US$13.5 million. The 12 km² property further expands the Company’s footprint and is under construction.\n\n## PROCESSING\n\nOre is processed at two sulphide flotation plants with a total design capacity of 4,000 tpd, producing high-quality silver-lead and zinc concentrates, as well as gold doré, sold to local smelters on market terms.\n\nYing has three tailings storage facilities (TSF). TSF No. 3 was completed last year and, together with TSF No. 2, will support production at 1.3 Mtpa through the current reserve life and beyond. TSF No. 1 has reached capacity and is being reclaimed.\n\n\n\n## FY2025 REVENUE MIX\n\n\n\n## GEOLOGY\n\n\n\n**Silver-lead-zinc mineralization** is hosted in epigenetic veins with mesothermal characteristics. Mesothermal vein systems typically occur in rocks associated with orogenic belts—in the case of the Ying district, the Qinling orogenic belt. The mineralization is related to deep-seated shear zones that cut through metamorphic rocks. Veins formed within a temperature range of 200–300°C at pressure depths of 600–5,000 m. They occur in sets, with the major veins in the system extending continuously for more than 1,000 m both laterally and vertically.\n\n\n\n**Several gold-bearing veins have also been discovered** and are currently being mined. These veins are gently dipping, in contrast to the steeply to moderately dipping silver-lead-zinc veins. The gold-rich veins may have formed slightly earlier than the silver-lead-zinc veins but are likely part of the same mesothermal system. Like the silver-lead-zinc veins, they are hosted in the same metamorphic rocks.\n\nTo date, significant mineralization has been identified or developed in at least 356 discrete vein structures, while many additional smaller veins have been discovered but remain largely unexplored.\n\n## EXPLORATION STATS\n\n>2,600 Km\n\nDrilling since 2006\n\n~250 Km\n\nPlanned drilling in FY2026\n\n>860 Km\n\nTunneling since 2006\n\n~68 Km\n\nPlanned tunneling in FY2026\n\n## **Latest News**\n\n- [Tailings Storage Facility No. 3 and New 1,500 tonne per day Mill Expansion Completed and in Operation at Ying Mine, China](https://silvercorpmetals.com/tailings-storage-facility-no-3-and-new-1500-tonne-per-day-mill-expansion-completed-and-in-operation-at-ying-mine-china/) – **14 January 2025**\n- [Silvercorp Renews Mining License at Ying Mining District](https://silvercorpmetals.com/silvercorp-renews-mining-license-at-ying-mining-district/) \\- **08 October 2024**\n\n## **Latest Tech Report**\n\n- [2024 Ying Mining District NI 43-101 Technical Report](https://silvercorpmetals.com/wp-content/uploads/2024/09/2024-Ying-Mining-District-NI-43-101-Technical-Report.pdf)\n\n## **Media**\n\n[](https://silvercorpmetals.com/wp-content/uploads/2022/10/yingmineralprocessing7-1024x687.webp)\n\n[](https://silvercorpmetals.com/wp-content/uploads/2022/10/yingmining6-1024x687.webp)\n\n[](https://silvercorpmetals.com/wp-content/uploads/2022/10/yingminesilver-1024x687.webp)\n\n[](https://silvercorpmetals.com/wp-content/uploads/2022/10/yingmining4-1024x687.webp)\n\n[](https://silvercorpmetals.com/wp-content/uploads/2022/10/yingmining3-1024x687.webp)\n\n[](https://silvercorpmetals.com/wp-content/uploads/2022/10/yingmining2-1024x687.webp)\n\n[](https://silvercorpmetals.com/wp-content/uploads/2022/10/yingmining1-1024x687.webp)\n\n### Projects\n\n- [Go to /projects/](https://silvercorpmetals.com/projects/)\n\n\n\n\n\n### Overview\n\n- ### Producing\n\n - [Go to /ying-mining-district/](https://silvercorpmetals.com/ying-mining-district/)\n\n\n\n\n\n ### Ying Mining District\n\n - [Go to /gc-mine/](https://silvercorpmetals.com/gc-mine/)\n\n\n\n\n\n ### GC Mine\n- ### Construction\n\n - [Go to /el-domo/](https://silvercorpmetals.com/el-domo/)\n\n\n\n\n\n ### El Domo\n- ### Permitting\n\n - [Go to /byp-mine/](https://silvercorpmetals.com/byp-mine/)\n\n\n\n\n\n ### BYP\n- ### Development\n\n - [Go to /condor/](https://silvercorpmetals.com/condor/)\n\n\n\n\n\n ### Condor\n\n - [Go to /tulkubash-kyzyltash/](https://silvercorpmetals.com/tulkubash-kyzyltash/)\n\n\n\n\n\n ### Tulkubash & Kyzyltash\n- [Go to /technical-reports/](https://silvercorpmetals.com/technical-reports/)\n\n\n\n\n\n### Technical Reports\n\n- [Go to /reserves-resources/](https://silvercorpmetals.com/reserves-resources/)\n\n\n\n\n\n### Reserves & Resources\n\n- [Go to /enterprise-blog/](https://silvercorpmetals.com/enterprise-blog/)\n\n\n\n\n\n### Enterprise Blog\n\n\n### Subscribe For Updates\n\n#### Search\n\n[View more](https://silvercorpmetals.com/ying-mining-district/)\n\n\n\n[Go to https://www.facebook.com/SilvercorpMetalsSVM/](https://www.facebook.com/SilvercorpMetalsSVM/)[](https://twitter.com/SilvercorpSVM)[Go to https://www.linkedin.com/company/silvercorp-metals-inc/](https://www.linkedin.com/company/silvercorp-metals-inc/)[Go to https://www.tiktok.com/@silvercorpsvm](https://www.tiktok.com/@silvercorpsvm)[Go to https://www.youtube.com/@silvercorpmetals](https://www.youtube.com/@silvercorpmetals)\n\n- [Go to tel:604-669-9397](tel:604-669-9397)\n\n\n\n\n\n### 604-669-9397\n\n\n- [Go to mailto:info@silvercorp.ca](mailto:info@silvercorp.ca)\n\n\n\n\n\n### info@silvercorp.ca\n\n[CONTACT](https://silvercorpmetals.com/contact-details/)\n\n[PRIVACY](https://silvercorpmetals.com/privacy-policy-2/)\n\n[DISCLAIMER](https://silvercorpmetals.com/disclaimer/)\n\n© Copyright, Silvercorp Metals Inc. \\| 2026 All rights reserved\n\n[Terms and Conditions](https://silvercorpmetals.com/terms-and-conditions/)"]

Leadership

Rui Feng, Ph.D., Geology (Chairman and CEO, Successful entrepreneur and mine builder with over 25 years of global mining experience. Integral in discovering Jinshan Gold’s CSH Gold Mine in China and founded Silvercorp in 2003.), Winnie Wang, CPA (Interim Chief Financial Officer, Over 15 years of leadership in corporate finance and accounting. Formerly Head of Finance and CFO for Asurion China.), Lon Shaver CFA (President, Over 25 years of capital markets and corporate finance experience focused on mining. Held investment banking roles and has served as CFO for mining and technology companies.)

Verified data last updated: 2026-07-03

Recent filings

• svm_2026-06-29_21-56-58.pdf — 2026-06-29 — other
• svm_2026-06-29_21-56-28.pdf — 2026-06-29 — other
• svm_2026-06-29_21-31-39.pdf — 2026-06-29 — Revised annual information form
• svm_2026-06-29_20-21-57.pdf — 2026-06-29 — press_release
• svm_2026-06-29_16-17-27.pdf — 2026-06-29 — other
• svm_2026-06-29_16-17-26.pdf — 2026-06-29 — technical_report
• svm_2026-06-29_16-16-56.pdf — 2026-06-29 — other
• svm_2026-06-29_16-16-55.pdf — 2026-06-29 — other