What does Silvercorp Metals Inc. mine?

Silvercorp Metals Inc. is focused on Silver.

What is the economic value of Silvercorp Metals Inc.'s Ying Ag-Pb-Zn-Au Property?

According to its Feasibility, Ying Ag-Pb-Zn-Au Property has an after-tax NPV of $1.03B.

What exchange is Silvercorp Metals Inc. listed on?

Silvercorp Metals Inc. trades under the ticker SVM.TO on the Toronto Stock Exchange (TSX).

How many projects does Silvercorp Metals Inc. have?

We track 29 projects with extracted technical and economic data for Silvercorp Metals Inc.

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Silvercorp Metals Inc.

SVM.TOSmall CapSilver

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About Silvercorp Metals Inc.

Silvercorp Metals Inc. (SVM.TO) is a silver mining company listed on the Toronto Stock Exchange (TSX). Our project database tracks 29 projects for Silvercorp Metals Inc. with technical and economic data extracted from company filings. Its flagship Ying Ag-Pb-Zn-Au Property (Feasibility) carries an after-tax NPV of $1.03B.

Silvercorp Metals is a silver-gold-lead-zinc producer operating in China's Ying Mining District in Henan Province with multiple operating mines. The company has established a long-term mining operation in one of China's largest polymetallic mining regions.

Primary Commodities

Silver

Project Economics

Ying Mining District

Silver· Henan Province, China· Production

Production

2027

AISC14 USD/oz Ag

Mine Life15 yrs

Annual Production7.5 Moz AgEq

Mine TypeUnderground

Ownership100%

Contained Metal157 Moz AgEq (Ag+Au, M&I combined)

Mineral Reserves: Proven+Probable: 12.76 Mt @ 216 g/t Ag, 0.17 g/t Au, 3.20% Pb, 0.96% Zn = 89 Moz Ag, 71 koz Au, 408 kt Pb, 123 kt Zn
Mineral Resources: Measured+Indicated: 22.15 Mt @ 203 g/t Ag, 0.20 g/t Au, 3.06% Pb, 0.87% Zn = 144 Moz Ag, 143 koz Au, 677 kt Pb, 192 kt Zn; Inferred: 8.80 Mt @ 187 g/t Ag, 0.56 g/t Au, 2.96% Pb, 0.64% Zn = 53 Moz Ag, 158 koz Au, 260 kt Pb, 56 kt Zn

Source: Company presentation

GC Mine

Silver· Guangdong Province, China· Production

Production

2027

AISC90.4 USD/t

Mine Life15 yrs

Annual Production0.5 Moz AgEq

Head Grade81 g/t Ag, 1.21% Pb, 2.84% Zn (P&P reserves)

Mine TypeUnderground

Ownership100%

Contained Metal31 Moz Ag (M&I combined)

Mineral Reserves: Proven+Probable: 4.97 Mt @ 81 g/t Ag, 1.21% Pb, 2.84% Zn = 13 Moz Ag, 60 kt Pb, 141 kt Zn
Mineral Resources: Measured+Indicated: 11.49 Mt @ 84 g/t Ag, 1.18% Pb, 2.85% Zn = 31 Moz Ag, 135 kt Pb, 327 kt Zn; Inferred: 9.57 Mt @ 85 g/t Ag, 1.23% Pb, 2.44% Zn = 26 Moz Ag, 117 kt Pb, 234 kt Zn

Source: Company presentation

Kyzyltash

Gold· Kyrgyzstan· Development

PEA

2027

Mine Life18 yrs

Annual Production190 koz Au

Head Grade2.44 g/t Au, 8.89 g/t Ag (M+I)

Mine TypeOpen-pit & Underground

Ownership70%

Contained Metal3,941.9 koz Au

Mineral Resources: Measured: 3.27 Mt @ 2.58 g/t Au, 7.94 g/t Ag (271.2 koz Au, 836.0 koz Ag); Indicated: 47.04 Mt @ 2.43 g/t Au, 8.96 g/t Ag (3,670.7 koz Au, 13,548.8 koz Ag); Total M+I: 50.31 Mt @ 2.44 g/t Au, 8.89 g/t Ag (3,941.9 koz Au, 14,384.8 koz Ag); Inferred: 21.36 Mt @ 2.30 g/t Au, 8.66 g/t Ag (1,576.8 koz Au, 5,947.9 koz Ag)
Royalties / Streams: Kyrgyzaltyn 30% free-carried interest

Source: Company presentation

Tulkubash

Gold· Kyrgyzstan· Development

Feasibility

Jul 2026

Initial Capex$166M

Mine Life3.5 yrs

Annual Production110 koz Au

Head Grade1.67 g/t Au

Recovery75%

Mine TypeOpen-pit

Ownership70%

Mineral Resources: Measured: 7.35 Mt @ 1.61 g/t Au, 1.38 g/t Ag (380.5 koz Au, 327.0 koz Ag); Indicated: 1.28 Mt @ 1.99 g/t Au, 1.45 g/t Ag (81.7 koz Au, 59.6 koz Ag); M+I: 8.63 Mt @ 1.67 g/t Au, 1.39 g/t Ag (462.2 koz Au, 386.6 koz Ag); Inferred: 0.01 Mt @ 1.29 g/t Au, 0.58 g/t Ag (0.5 koz Au, 0.2 koz Ag)
Royalties / Streams: Kyrgyzaltyn 30% free-carried interest

Source: Company presentation

Condor Gold Project

Gold· Zamora Chinchipe Province, Ecuador· Development

PEA

Jan 2026

NPV (After-Tax) @ 5%$522M

NPV (Pre-Tax)$720M

IRR (After-Tax)29%

Initial Capex$292M

Payback3 yrs

AISC1,359 USD/EqOz-Payable

Mine Life13 yrs

Mine TypeUnderground

Ownership98.7%

Mineral Resources: Underground Indicated: 10.15 Mt at 2.30 g/t AuEq (1.90 g/t Au, 13.66 g/t Ag, 0.05% Pb, 0.50% Zn) containing 748.9 koz AuEq, 620 koz Au, 4,456 koz Ag; Inferred: 30.10 Mt at 2.49 g/t AuEq (2.03 g/t Au, 14.31 g/t Ag, 0.06% Pb, 0.57% Zn) containing 2,406 koz AuEq, 1,969 koz Au, 13,846 koz Ag. Open pit resources also reported but not detailed in summary tables shown.

Source: Technical report

El Domo

Copper· Ecuador· Construction

Feasibility

2026

NPV (After-Tax) @ 8%$571M

IRR (After-Tax)46%

Initial Capex$284M

Payback3 yrs

AISC1.3 USD/lb CuEq

Mine Life11.5 yrs

Annual Production24 Mlb Cu

Head Grade1.93% Cu, 2.55 g/t Au, 48 g/t Ag, 0.26% Pb, 2.63% Zn

Mine TypeOpen-pit

Ownership100%

Contained Metal137.5 kt Cu (M&I)

Mineral Reserves: P&P: 7.1 Mt @ 1.93% Cu, 0.26% Pb, 2.63% Zn, 2.55 g/t Au, 48 g/t Ag containing 137.7 kt Cu, 18.4 kt Pb, 187.7 kt Zn, 584 koz Au, 10,960 koz Ag
Mineral Resources: M&I: 11.1 Mt @ 1.83% Cu, 0.2% Pb, 2.44% Zn, 2.13 g/t Au, 42 g/t Ag containing 202.8 kt Cu, 24.8 kt Pb, 270.4 kt Zn, 759 koz Au, 14,978 koz Ag. Inferred: 3.5 Mt @ 0.48% Cu, 0.1% Pb, 1.00% Zn, 0.72 g/t Au, 22 g/t Ag containing 16.7 kt Cu, 4.3 kt Pb, 34.7 kt Zn, 80 koz Au, 2,472 koz Ag
Royalties / Streams: 2% NSR on El Domo for $10M (Altius); Ecuador Government royalty: 4%

Source: Company presentation

Santa Barbara

Gold-Copper· Ecuador· Exploration

Resource Estimate

2026

Ownership28%

Contained Metal697 koz Au (Indicated)

Mineral Resources: Indicated: 30 Mt @ 0.73 g/t Au, 0.1% Cu = 697 koz Au, 68 Mlb Cu; Inferred: 206 Mt @ 0.52 g/t Au, 0.1% Cu = 3,418 koz Au, 426 Mlb Cu

Source: Company presentation

Ying - SGX Mine

Silver· Henan Province, People's Republic of China· Production

Feasibility

Dec 2025

Mine TypeUnderground

Ownership100%

Mineral Reserves: P&P: 7.24 Mt @ 0.04 g/t Au, 200 g/t Ag, 3.87% Pb, 1.81% Zn; containing 9.6 koz Au, 46.5 Moz Ag, 280.2 kt Pb, 131.4 kt Zn

Source: Technical report

Ying - HZG Mine

Silver· Henan Province, People's Republic of China· Production

Feasibility

Dec 2025

Mine TypeUnderground

Ownership100%

Mineral Reserves: P&P: 1.09 Mt @ 198 g/t Ag, 0.69% Pb, 0.28% Zn; containing 6.9 Moz Ag, 7.5 kt Pb, 3.0 kt Zn

Source: Technical report

Ying - HPG Mine

Gold· Henan Province, People's Republic of China· Production

Feasibility

Dec 2025

Mine TypeUnderground

Ownership100%

Mineral Reserves: P&P: 1.35 Mt @ 0.99 g/t Au, 62 g/t Ag, 2.48% Pb, 0.65% Zn, 0.07% Cu; containing 42.8 koz Au, 2.7 Moz Ag, 33.5 kt Pb, 8.7 kt Zn, 0.9 kt Cu

Source: Technical report

Ying Ag-Pb-Zn-Au Property

Silver· Henan Province, People's Republic of China· Production

Feasibility

Dec 2025

NPV (After-Tax) @ 5%$1.03B

NPV (Pre-Tax)$1.27B

Mine TypeUnderground

Ownership100%

Mineral Reserves: Total P&P: 45% of M&I resource tonnes. See individual mine breakdowns - SGX 7.24 Mt, HZG 1.09 Mt, HPG 1.35 Mt, and others (TLP, LME, LMW, DCG, KP) - total approximately 16.1 Mt (sum of individual mines from Table 1.2 partial data)
Mineral Resources: Mineral Resources as of 31 December 2025 reported in Table 1.1 (not fully shown). Total M&I contained metals: Au +62%, Ag +37%, Pb +39%, Zn +48% vs prior estimate.

Source: Technical report

Gaocheng Silver-Lead-Zinc Project

Ag-Pb-Zn· Guangdong Province, China· Production

Feasibility

Dec 2025

Mine TypeUnderground

Source: Technical report

Kyzyltash (Chaarat Gold Project)

Gold· Kyrgyzstan· Development

Resource Estimate

Oct 2025

Head Grade2.69 g/t Au (M+I)

Mine TypeUnderground

Ownership70%

Contained Metal3,941.9 koz Au

Mineral Resources: Measured: 3.27 Mt @ 2.70 g/t Au, 2.58 g/t Ag (271.2 koz Au, 836.0 koz Ag); Indicated: 47.04 Mt @ 2.76 g/t Au, 2.43 g/t Ag (3,670.7 koz Au, 13,548.8 koz Ag); Total M+I: 50.31 Mt @ 2.69 g/t Au, 2.44 g/t Ag (3,941.9 koz Au, 14,384.8 koz Ag); Inferred: 21.36 Mt @ 2.76 g/t Au, 2.30 g/t Ag (1,576.8 koz Au, 5,947.9 koz Ag)

Source: Technical report

Tulkubash (Chaarat Gold Project)

Gold· Kyrgyzstan· Development

Resource Estimate

Oct 2025

Head Grade1.67 g/t Au (M+I)

Recovery71%

Mine TypeOpen-pit

Ownership70%

Contained Metal462.2 koz Au

Mineral Resources: Measured: 7.35 Mt @ 1.61 g/t Au, 1.38 g/t Ag (380.5 koz Au, 327.0 koz Ag); Indicated: 1.28 Mt @ 1.99 g/t Au, 1.45 g/t Ag (81.7 koz Au, 59.6 koz Ag); Total M+I: 8.63 Mt @ 1.67 g/t Au, 1.39 g/t Ag (462.2 koz Au, 386.6 koz Ag); Inferred: 0.01 Mt @ 1.29 g/t Au, 0.58 g/t Ag (0.5 koz Au, 0.2 koz Ag)

Source: Technical report

Condor Project - Soledad

Gold, Silver· Ecuador, Province of Zamora-Chinchipe, Cordillera del Condor· Exploration

Resource Estimate

May 2025

Head Grade1.06 g/t Au, 7.05 g/t Ag (Indicated)

Mine TypeOpen-pit

Ownership100%

Contained Metal138 koz Au

Mineral Resources: Indicated: 4.03 Mt @ 1.14 g/t AuEq (1.06 g/t Au, 7.05 g/t Ag, 0.05% Pb, 0.56% Zn) containing 148 koz AuEq, 138 koz Au, 912 koz Ag; Inferred: 14.15 Mt @ 0.83 g/t AuEq (0.76 g/t Au, 5.86 g/t Ag, 0.04% Pb, 0.51% Zn) containing 375 koz AuEq, 346 koz Au, 2,664 koz Ag

Source: Technical report

Condor Project - Los Cuyes

Gold, Silver· Ecuador, Province of Zamora-Chinchipe, Cordillera del Condor· Exploration

Resource Estimate

May 2025

Head Grade3.82 g/t Au, 22.9 g/t Ag (Indicated)

Mine TypeUnderground

Ownership100%

Contained Metal88 koz Au

Mineral Resources: Indicated: 0.72 Mt @ 4.04 g/t AuEq (3.82 g/t Au, 22.9 g/t Ag, 0.09% Pb, 0.63% Zn) containing 93 koz AuEq, 88 koz Au, 528 koz Ag; Inferred: 4.2 Mt @ 4.71 g/t AuEq (4.47 g/t Au, 24.64 g/t Ag, 0.12% Pb, 0.53% Zn) containing 636 koz AuEq, 603 koz Au, 3,327 koz Ag

Source: Technical report

Condor Project - Enma

Gold, Silver· Ecuador, Province of Zamora-Chinchipe, Cordillera del Condor· Exploration

Resource Estimate

May 2025

Head Grade0.97 g/t Au, 7.11 g/t Ag (Indicated)

Mine TypeOpen-pit

Ownership100%

Contained Metal1 koz Au

Mineral Resources: Indicated: 0.03 Mt @ 1.05 g/t AuEq (0.97 g/t Au, 7.11 g/t Ag, 0.07% Pb, 0.30% Zn) containing 1 koz AuEq, 1 koz Au, 7 koz Ag; Inferred: 0.02 Mt @ 0.74 g/t AuEq (0.56 g/t Au, 16.07 g/t Ag, 0.06% Pb, 0.20% Zn) containing 1 koz AuEq, 0 koz Au, 12 koz Ag

Source: Technical report

Condor Project - Camp

Gold, Silver· Ecuador, Province of Zamora-Chinchipe, Cordillera del Condor· Exploration

Resource Estimate

May 2025

Head Grade3.17 g/t Au, 18.68 g/t Ag (Indicated)

Mine TypeUnderground

Ownership100%

Contained Metal250 koz Au

Mineral Resources: Indicated: 2.45 Mt @ 3.44 g/t AuEq (3.17 g/t Au, 18.68 g/t Ag, 0.08% Pb, 0.73% Zn) containing 271 koz AuEq, 250 koz Au, 1,471 koz Ag; Inferred: 7.9 Mt @ 3.38 g/t AuEq (3.07 g/t Au, 20.59 g/t Ag, 0.08% Pb, 0.89% Zn) containing 859 koz AuEq, 780 koz Au, 5,229 koz Ag

Source: Technical report

BYP Mine

Gold· Hunan Province, China· Development

Resource Estimate

Jun 2024

Ownership100%

Contained Metal456 koz Au (M&I)

Mineral Resources: M&I: 5.10 Mt @ 2.8 g/t Au containing 456 koz Au; Inferred: 1.60 Mt @ 2.2 g/t Au containing 116 koz Au

Source: Company presentation

LME

Silver· Henan Province, People's Republic of China· Production

Feasibility

Jun 2024

Source: Technical report

LMW

Silver· Henan Province, People's Republic of China· Production

Feasibility

Jun 2024

Source: Technical report

HZG

Silver· Henan Province, People's Republic of China· Production

Feasibility

Jun 2024

Source: Technical report

SGX

Silver· Henan Province, People's Republic of China· Production

Feasibility

Jun 2024

Source: Technical report

TLP

Silver· Henan Province, People's Republic of China· Production

Feasibility

Jun 2024

Source: Technical report

HPG

Silver· Henan Province, People's Republic of China· Production

Feasibility

Jun 2024

Source: Technical report

DCG

Silver· Henan Province, People's Republic of China· Production

Feasibility

Jun 2024

Source: Technical report

Ying Ag-Pb-Zn Property

Silver· Henan Province, People's Republic of China· Production

Feasibility

Jun 2024

NPV (After-Tax) @ 5%$699M

NPV (Pre-Tax)$896M

Mine TypeUnderground

Source: Technical report

Silver Sand

Silver· Bolivia· Development

Pre-Feasibility

2024

NPV (After-Tax) @ 5%$740M

IRR (After-Tax)37%

Initial Capex$358M

AISC11 USD/oz

Mine Life13 yrs

Annual Production12 Moz Ag

Ownership28%

Source: Company presentation

Carangas

Silver· Bolivia· Development

PEA

2024

NPV (After-Tax) @ 5%$501M

IRR (After-Tax)26%

Initial Capex$324M

AISC8 USD/oz

Mine Life16 yrs

Ownership28%

Source: Company presentation

Project figures are automatically extracted from company filings and presentations and reflect the most recent disclosure found. They may contain errors — always verify against the linked source document.

Financial Metrics

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Frequently Asked Questions

What does Silvercorp Metals Inc. mine?: Silvercorp Metals Inc. is focused on Silver.
What is the economic value of Silvercorp Metals Inc.'s Ying Ag-Pb-Zn-Au Property?: According to its Feasibility, Ying Ag-Pb-Zn-Au Property has an after-tax NPV of $1.03B.
What exchange is Silvercorp Metals Inc. listed on?: Silvercorp Metals Inc. trades under the ticker SVM.TO on the Toronto Stock Exchange (TSX).
How many projects does Silvercorp Metals Inc. have?: We track 29 projects with extracted technical and economic data for Silvercorp Metals Inc.

Project Analysis

ANALYSISSILVERFEASIBILITY STUDY

Ying Ag-Pb-Zn-Au Property Feasibility Study: $1.03B NPV

Silvercorp Metals Inc.'s Ying Ag-Pb-Zn-Au Property in Henan Province, People's Republic of China has a Feasibility Study outlining an after-tax NPV of $1.03B.

Silvercorp Metals Inc.Jun 21, 2026

ANALYSISSILVERPEA

Carangas PEA: $501M NPV, 26% IRR

Silvercorp Metals Inc.'s Carangas in Bolivia has a Preliminary Economic Assessment (PEA) outlining an after-tax NPV of $501M, an after-tax IRR of 26%, and initial capital of $324M. The proposed mine plan runs 16 years.

Silvercorp Metals Inc.Jun 14, 2026

ANALYSISSILVERPFS

Silver Sand PFS: $740M NPV, 37% IRR

Silvercorp Metals Inc.'s Silver Sand in Bolivia has a Pre-Feasibility Study (PFS) outlining an after-tax NPV of $740M, an after-tax IRR of 37%, and initial capital of $358M. The mine plan runs 13 years at about 12 Moz Ag per year.

Silvercorp Metals Inc.Jun 14, 2026

ANALYSISGOLDFEASIBILITY STUDY

Tulkubash Feasibility Study: $166M Capex Over a 3.5-Year Mine Life

Silvercorp Metals Inc.'s Tulkubash in Kyrgyzstan has a Feasibility Study outlining initial capital of $166M. The mine plan runs 3.5 years at about 110 koz Au per year.

Silvercorp Metals Inc.Jun 14, 2026

ANALYSISCOPPERFEASIBILITY STUDY

El Domo Feasibility Study: $571M NPV, 46% IRR

Silvercorp Metals Inc.'s El Domo in Ecuador has a Feasibility Study outlining an after-tax NPV of $571M, an after-tax IRR of 46%, and initial capital of $284M. The mine plan runs 11.5 years at about 24 Mlb Cu per year.

Silvercorp Metals Inc.Jun 14, 2026

Press Releases

PRESS RELEASE

Silvercorp (SVM) Surges 8.2%: Is This an Indication of Further Gains?

Silvercorp (SVM) saw its shares surge in the last session with trading volume being higher than average. The latest trend in earnings estimate revisions could translate into further price increase in the near term.

Yahoo Finance1/21/2026

Quick Facts

Ticker Symbol: SVM.TO
Market Cap: Small Cap
Category: Silver
Commodities: Silver

This information is for educational purposes only and does not constitute investment advice. Always conduct your own research before making investment decisions.

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