Project UpdateJun 25, 2026, 06:07 AM
Silvercorp Gaocheng Project: Proven & Probable Reserves 6.19 Mt, NPV $101.4M
AI Summary
Silvercorp Metals Inc. announced an updated Technical Report for its Gaocheng Silver-Lead-Zinc Project in China, detailing significant Mineral Resource and Reserve estimates as of December 31, 2025. The report outlines total Proven and Probable Mineral Reserves of 6.19 million tonnes, containing 12,462 thousand ounces of silver, 56 thousand tonnes of lead, and 138 thousand tonnes of zinc. An economic analysis projects a Net Present Value (NPV) of $101.4 million at an 8% discount rate, with an estimated 18-year life of mine.
Key Highlights
- Total Proven & Probable Mineral Reserves: 6.19 Mt at 63 g/t Ag, 0.91% Pb, 2.23% Zn.
- Contained metal in reserves: 12,462 koz Ag, 56 kt Pb, 138 kt Zn.
- Measured & Indicated Mineral Resources: 18.28 Mt at 65 g/t Ag, 0.91% Pb, 2.24% Zn.
- Inferred Mineral Resources: 7.36 Mt at 75 g/t Ag, 0.84% Pb, 1.91% Zn.
- Project Net Present Value (NPV) at 8% discount rate: $101.4 million.
- Life of Mine (LOM) estimated at 18 years, producing 370 ktpa run-of-mine (ROM).
- Mineral Reserve estimates based on forecast prices: $31/oz Ag, $2,000/t Pb, $2,800/t Zn.
- Silvercorp Metals Inc. indirectly owns 99% of the Gaocheng Mine.
Price Impact
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