Silvercorp Metals(US:SVM) Prnewswire·2026-01-15 22:05Core Viewpoint - Silvercorp Metals Inc. reported its production and sales figures for Q3 Fiscal 2026, highlighting a record revenue increase of 51% compared to the same quarter last year, despite some decreases in metal production [6]. Production and Operational Highlights - The Ying Mining District processed 328,425 tonnes of ore, an 18% increase from Q3 Fiscal 2025, producing approximately 1.7 million ounces of silver, 2,096 ounces of gold, and 14.7 million pounds of lead, with a decrease in silver production by 4% [3][6]. - The GC Mine processed 87,095 tonnes of ore, a 4% increase from Q3 Fiscal 2025, producing 0.1 million ounces of silver and 5.1 million pounds of zinc, with a 15% increase in zinc production but a 28% decrease in silver [4][6]. - Consolidated operational results showed a total of 415,520 tonnes processed, with a head grade for silver-lead ore at 226 grams/tonne and for gold ore at 2.1 grams/tonne [5][8]. Financial Performance - The company achieved record revenue of approximately $126.1 million for Q3 Fiscal 2026, marking a 51% increase over Q3 Fiscal 2025 [6]. - Silver production totaled 1.9 million ounces, a 4% decrease from the previous year, while silver equivalent production was 2.0 million ounces, down 5% [6][7]. Exploration and Development - Active exploration continued at both the Ying Mining District and the GC Mine, with a total of 89,208 meters of drilling and 22,271 meters of exploration tunneling completed [6]. - Construction at the Kuanping mine progressed with 3,297 meters of ramp development and 693 meters of exploration tunneling completed [6]. Recovery Rates - Recovery rates for Q3 Fiscal 2026 included gold at 92.8%, silver at 95.3%, lead at 93.6%, and zinc at 63% [7].