Trading Symbol: TSX: SVM                              NYSE AMERICAN: SVM VANCOUVER, BC, Feb. 7, 2024 /PRNewswire/ - Silvercorp Metals Inc. ("Silvercorp" or the "Company") (TSX: SVM) (NYSE American: SVM) today announced the appointment of Helen Cai to its Board as an independent director.  Ms. Cai is a finance and investment professional with over two decades of experience, she is extensively versed in capital markets and all aspects of corporate finance from strategic planning to M&A transactions.  Ms. Cai ...

Trading Symbol: TSX: SVM                              NYSE AMERICAN: SVM FCC Provides Unconditional Approval for Proposed Orecorp Transaction Independent Expert Appointed by Orecorp Concludes That the Silvercorp Offer Is Fair and Reasonable To Orecorp Shareholders, In The Absence Of A Superior Proposal Each Orecorp Director Has Accepted the Silvercorp Offer VANCOUVER, BC, Feb. 1, 2024 /PRNewswire/ - Silvercorp Metals Inc. ("Silvercorp" or the "Company") (TSX: SVM) (NYSE American: SVM) today announced the ...

Core Insights - Silvercorp Metals Inc. has reported high-grade assay results from its diamond drilling program at the TLP mine in the Ying Mining District, China, indicating significant silver and lead mineralization [1][2]. Drilling Program Overview - The drilling program focused on two main target areas: near-surface silver-lead vein structures (SF Zone) and infill drilling in the production area (P Zone) [2][3]. - A total of 23,742 meters were drilled across 180 diamond drill holes, with 158 holes receiving assay results, of which 101 intersected mineralized vein structures [1][4]. High-Grade Intercepts - Notable high-grade intercepts in the Surface Zone (SF Zone) include: - ZKTDB0102: 2,186 g/t Ag, 6.80% Pb over 2.29 m [1] - ZKTDB0207: 1,453 g/t Ag, 4.58% Pb over 0.66 m [1] - In the Production Zone (P Zone), significant intercepts include: - ZKG1830: 5,955 g/t Ag, 1.53% Pb over 0.60 m [1] - ZKG0324: 442 g/t Ag, 9.65% Pb over 3.24 m [1] Resource Expansion Potential - The high-grade intercepts are expected to significantly expand and upgrade resources, particularly in areas previously missed due to limited drilling or changes in vein structures [4][5]. - The defined high-grade blocks can be quickly developed and mined due to existing ramps and access tunnels [4][5]. Quality Control Measures - Drill core samples are processed in ISO9000 certified labs, ensuring high-quality analysis for silver, lead, zinc, and copper [8][9].

Trading Symbol:           TSX: SVM                                        NYSE AMERICAN: SVM VANCOUVER, BC, Jan. 29, 2024 /PRNewswire/ - Silvercorp Metals Inc. ("Silvercorp" or the "Company") (TSX: SVM) (NYSE American: SVM) today announced that it has received authorization of its supplemental listing application from the NYSE American (the "NYSE-A Authorization") in connection with Silvercorp's off-market takeover offer (the "Silvercorp Offer") for all of the shares of OreCorp Limited ("OreCorp") not alrea ...

Trading Symbol: TSX: SVM                              NYSE AMERICAN: SVM VANCOUVER, BC, Jan. 24, 2024 /PRNewswire/ - Silvercorp Metals Inc. ("Silvercorp" or the "Company") (TSX: SVM) (NYSE American: SVM) today announced that it has received conditional approval from the Toronto Stock Exchange (the "TSX") for the listing of the Silvercorp shares to be issued in connection with Silvercorp's off-market takeover offer (the "Silvercorp Offer") for all of the shares of OreCorp Limited ("OreCorp") not already owne ...

Group 1 - Silvercorp Metals Inc. is initiating an off-market takeover offer for OreCorp Limited, proposing a consideration of 0.0967 common shares of Silvercorp and A$0.19 cash per OreCorp share [1] - The offer is open for acceptance until February 23, 2024, unless extended [1] - Silvercorp aims to create shareholder value through free cash flow generation, organic growth, mergers and acquisitions, and a commitment to responsible mining and ESG practices [2] Group 2 - Silvercorp is a Canadian mining company with a focus on producing silver, gold, lead, and zinc, and has a history of profitability and growth potential [2] - The company emphasizes ongoing merger and acquisition efforts to unlock value [2]

Core Viewpoint - Silvercorp Metals Inc. reported its operational results for Q3 Fiscal 2024, highlighting increases in gold and zinc production, while noting decreases in silver and lead production compared to the same quarter in the previous fiscal year [1][4]. Q3 Fiscal 2024 Operational Results - Gold production reached 1,342 ounces, a 22% increase from Q3 Fiscal 2023 [1][3]. - Silver equivalent production was approximately 1.8 million ounces [1]. - Zinc production totaled approximately 7.4 million pounds, reflecting a 6% increase from Q3 Fiscal 2023 [1][3]. - Lead production was approximately 16.8 million pounds, showing a 16% decrease compared to Q3 Fiscal 2023 [1][3]. Mining and Milling Data - At the Ying Mining District, 245,606 tonnes of ore were mined, a 19% increase over Q3 Fiscal 2023, with 214,201 tonnes milled [3][6]. - The GC Mine saw 99,667 tonnes of ore mined, up 12% from Q3 Fiscal 2023, and 98,299 tonnes milled, a 10% increase [5][6]. Head Grades and Recovery Rates - Silver head grades were 235 grams per tonne at Ying and 241 grams per tonne at GC [2][6]. - Recovery rates for silver were 94.9% at Ying and 95.0% at GC [2][6]. Production Changes and Reasons - The decrease in silver and lead production was attributed to lower head grades, stockpiling of ores, and specific mining sequences [4][5]. - Gold ores processed had a recovery rate of 91.2% with grades of 1.9 grams per tonne for gold and 74 grams per tonne for silver [4]. Nine Months Ended December 31, 2023 Operational Results - For the nine months ended December 31, 2023, total ore mined was 921,958 tonnes, with significant production of gold, silver, lead, and zinc [6]. - Gold production for this period was 5,352 ounces, while silver production reached 4,614 thousand ounces [6]. Company Overview - Silvercorp is a Canadian mining company focused on producing silver, gold, lead, and zinc, with a strategy aimed at generating free cash flow and pursuing organic growth through exploration and acquisitions [8].

Exhibit 99.2 SILVERCORP METALS INC. MANAGEMENT'S DISCUSSION AND ANALYSIS For the Three and Six Months Ended September 30, 2023 (Expressed in thousands of US dollars, except per share figures or otherwise stated) Table of Contents | --- | --- | --- | |-----------|--------------------------------------------------------------------------------|-------| | 1. | Core Business and Strategy | 2 | | 2. | Second Quarter of Fiscal Year 2024 Highlights | 2 | | 3. | Operating Performance | 3 | | 4. | Investment in Asso ...

Exhibit 99.2 SILVERCORP METALS INC. MANAGEMENT'S DISCUSSION AND ANALYSIS For the Three Months Ended June 30, 2023 (Expressed in thousands of US dollars, except per share figures or otherwise stated) Table of Contents | --- | --- | --- | |-----------|--------------------------------------------------------------------------------|-------| | 1. | Core Business and Strategy | 2 | | 2. | First Quarter of Fiscal Year 2024 Highlights | 2 | | 3. | Operating Performance | 3 | | 4. | Investment in Associates | 10 | ...

Exhibit 99.2 SILVERCORP METALS INC. MANAGEMENT'S DISCUSSION AND ANALYSIS For the Year Ended March 31, 2023 (Expressed in thousands of US dollars, except share, per share, cost data, and production data, or otherwise stated) Tab leo fC on ten ts | --- | --- | --- | |------------|-------------------------------------------------------------------------------------------------------------------------------|-------| | 1. | C o r e B u s i n e s s a n d S t r a t e g y | 2 | | 2. | F i s c a l Ye a r 2 0 2 3 H i ...