- Total indicated underground mineral resources of 3.17 million tonnes at Camp and Los Cuyes deposits, containing 0.37 million gold equivalent ounces at a cutoff grade of 2.2 g/t AuEq.
- Total inferred underground mineral resources of 12.1 Mt at Camp and Los Cuyes deposits, containing 1.50 million gold equivalent ounces at a cutoff grade of 2.2 g/t AuEq. Ongoing 3,500-metre drill program set to expand known mineralization zones.
- Preliminary Economic Assessment for underground operation expected by year-end 2025.
- El Domo Project development on track with detailed cost breakdown and construction timeline targeting 2026 production.
Silvercorp Metals (NYSE-A: SVM) (TSX: SVM), a Canadian mining company producing silver, gold, lead, and zinc with a long history of profitability, has announced an updated mineral resource estimate (“MRE”) for its Condor Project, located in Ecuador’s Zamora-Chinchipe Province.
The new estimate, effective as of Feb. 28, 2025, was prepared by SRK Consulting (Canada) Inc., in accordance with National Instrument 43-101 standards, and marks the first step in Silvercorp’s effort to reposition Condor as a high-grade underground gold project (https://ibn.fm/J4HYK). An updated…
For more information, visit the company’s website at www.silvercorpmetals.com/welcome.
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