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 November 24, 2021, with a payment date of the dividend scheduled on or before December 15, 2021. The dividends are considered eligible dividends for Canadian tax purposes. The declaration and payment of future dividends is at [...]
Silvercorp Metals Inc. reported its financial and operating results for the second quarter ended September 30, 2021. All amounts are expressed in US Dollars, and figures may not add due to rounding. Q2 FISCAL 2022 HIGHLIGHTS Mined 292,468 tonnes of ore and milled 271,816 tonnes of ore, up 9% and 3% compared to the prior year quarter. Sold approximately 1.7 million ounces of silver, 800 ounces of gold, 17.3 million pounds [...]
Silvercorp Metals Inc. reports production and sales figures for the second quarter of fiscal year 2022 ended September 30, 2021. The Company expects to release its Q2 Fiscal 2022 unaudited financial results on Thursday, November 4, 2021 after market close. In Q2 Fiscal 2022, the Company increased production to approximately 1.7 million ounces of silver, 800 ounces of gold, 17.6 million pounds of lead, and 7.5 million [...]
Silvercorp Metals Inc. is pleased to report thick and high-grade intercepts from its 2021 exploration program at the LMW mine. Extensive exploration drilling and tunneling are ongoing at the LMW mine, and all other mines in the Ying Mining District, Henan Province, China. From May 1 to September 30, 2021, 23,908 metres from a total of 166 diamond drill holes, including 152 underground holes and 14 surface holes, were [...]
Silvercorp Metals Inc. is pleased to announce that the Company, through a 100% subsidiary of Henan Found Mining, Silvercorp's 77.5% subsidiary, has won an online open auction to acquire a 100% interest in the Kuanping silver-lead-zinc-gold project. The Kuanping Project is located in Shanzhou District, Sanmenxia City, Henan Province, approximately 33 kilometres north of the Company's Ying Mining District and 30 km west of [...]
Silvercorp Metals Inc. is pleased to report results from its exploration programs at the DCG mine. Extensive exploration drilling and tunneling are ongoing at the DCG mine, and all other mines at the Ying Mining District. From March 1, 2020 to September 30, 2021, 29,010 m from a total of 207 diamond drill holes, including 117 underground holes and 90 surface holes, were completed at the DCG mine. Assay results for 164 [...]
Silvercorp Metals Inc. is pleased to report on innovative water treatment initiatives undertaken at the Company's mines. Silvercorp strives to create "Green Mines" and pursue sustainable development initiatives throughout the mining lifecycle by integrating efficient technology and innovative systems into mine planning and ESG management practices, including in the area of water usage, a key topic for the mining industry [...]
Silvercorp Metals Inc. is pleased to report on innovative waste reduction initiatives undertaken at the Company's mines. Silvercorp's key values - respect, equality, and responsibility - guide the Company's environmental, social, and governance efforts. Silvercorp strives to create "Green Mines" and pursue sustainable development initiatives throughout the mining lifecycle by integrating efficient technology and [...]
Silvercorp Metals Inc. is pleased to report that all matters submitted to shareholders for approval as set out in the Company's Notice of Meeting and Information Circular, both dated August 13, 2021, were approved by the requisite majority of votes cast at Silvercorp's annual general meeting held on Friday, September 24, 2021. A total of 98,998,647 common shares, representing 56.20% of the votes attached to all [...]
Silvercorp Metals Inc. is pleased to report the results of an updated National Instrument 43-101 Technical Report entitled "NI 43-101 Technical Report Update on the Gaocheng Ag-Zn-Pb Project in Guangdong Province, People's Republic of China" with an effective date of March 31, 2021, prepared by AMC Mining Consultants Ltd. Five of the six authors of the GC NI 43-101 Technical Report qualify as independent Qualified [...]
Silvercorp Metals Inc. is pleased to announce a normal course issuer bid to acquire up to 7,054,000 common shares of the Company, representing approximately 4% the 176,354,091 common shares issued and outstanding as of August 22, 2021. The repurchase program will run from August 27, 2021 to August 26, 2022. The Company is taking this action to provide it with enhanced flexibility should market conditions result in [...]
Silvercorp Metals Inc. is pleased to report results from its exploration programs at the GC silver-lead-zinc mine, Guangdong Province, China. Extensive drilling and tunneling are ongoing at the GC mine with seven rigs currently drilling. From October 1, 2019 to June 30, 2021, 72,878 metres from a total of 704 underground diamond drill holes were completed at the GC mine, including 27,527 m from 268 holes completed in the [...]
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