Silvercorp Reports Operational Results and Financial Results Release Date for the First Quarter, Fiscal 2026

Core Viewpoint - Silvercorp Metals Inc. reported strong production and sales figures for Q1 Fiscal 2026, indicating growth in silver and gold production, while zinc production saw a decline [1][6]. Production Highlights - The Ying Mining District processed 283,355 tonnes of ore, a 28% increase compared to Q1 Fiscal 2025 [3]. - Silver production reached approximately 1,689 thousand ounces (Koz), a 7% increase year-over-year, while gold production surged by 79% to 2,050 ounces [3][6]. - Lead production increased by 1% to 15.7 million pounds, while zinc production decreased by 19% to approximately 5.2 million pounds [6]. Revenue and Financial Performance - The company reported revenue of approximately $81.3 million, reflecting a 13% increase over Q1 Fiscal 2025 [6]. - Silver equivalent production was approximately 2.0 million ounces, up from 1.8 million ounces in the same quarter last year [6]. Exploration and Development - Active exploration continued at both the Ying Mining District and the GC Mine, with a total of 81,425 meters of drilling and 19,950 meters of exploration tunneling completed [6]. - Construction at the El Domo mine progressed with 370,564 cubic meters of material moved, and the Kuanping mine construction commenced with 481 meters of ramp development [6]. Operational Metrics - Recovery rates for silver and gold were reported at 94.6% and 93.4%, respectively, indicating efficient extraction processes [5][7]. - The head grade for silver-lead ore in the Ying Mining District was 217 grams per tonne, while the lead percentage was 2.8% [5].