Silvercorp Metals Inc. reported consolidated production results for the third quarter and nine months ended December 31, 2024. For the quarter, the company reported ore mined of 383,543 tonnes against 345,273 tonnes a year ago. Ore milled was 361,810 tonnes against 312,500 tonnes a year ago. Gold production was 2,056 ounces against 1,342 ounces a year ago. Silver production was 1,946,000 ounces against 1,684,000 ounces a year ago. Lead production was 17,087,000 pounds against 16,763,000 pounds a year ago. Zinc production was 6,668,000 pounds against 7,404,000 pounds a year ago. Silver equivalent was 2,119,000 ounces against 1,795,000 ounces a year ago.
For the nine months, the company reported ore mined of 1,088,830 tonnes against 921,958 tonnes a year ago. Ore milled was 966,711 tonnes against 868,702 tonnes a year ago. Gold production was 4,385 ounces against 5,352 ounces a year ago. Silver production was 5,318,000 ounces against 5,054,000 ounces a year ago. Lead production was 45,908,000 pounds against 50,644,000 pounds a year ago. Zinc production was 18,913,000 pounds against 18,826,000 pounds a year ago. Silver equivalent was 5,672,000 ounces against 5,520,000 ounces a year ago.
Silvercorp Metals Inc. is a Canadian mining company producing silver, gold, lead, and zinc. The Company is engaged in the acquisition, exploration, development, and mining of mineral properties. The Company's producing mines are located in China and exploration and development projects are located in China and Ecuador. In the Ying Mining District, it has about seven underground mines (SGX, HZG, HPG, TLP, LME, LMW and DCG) and two processing plants. The GC silver-lead-zinc mine is located approximately 200 km west of Guangzhou, the capital city of Guangdong Province, China. El Domo project is a copper-gold mine under construction in central Ecuador, approximately 150 km northeast of the major port city of Guayaquil. The BYP Mine is located approximately 220 km southwest of Changsha, the capital city of Hunan Province, China. Condor project is located in one of Ecuador's developed mining regions. It also has interest in Tulkubash/Kyzyltash Gold Projects, Kyrgyzstan.
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