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Silvercorp Reports Operational Results and Financial Results Release Date for the Third Quarter, Fiscal 2025

1. Silvercorp reports Q3 Fiscal 2025 revenue of $83.6 million, up 43%. 2. Ore mined increased by 11% with 383,543 tonnes for Q3 Fiscal 2025. 3. Silver production reached 1.9 million ounces, a 16% increase year-over-year. 4. Lead production grew by 2%, reaching 17.1 million pounds. 5. Zinc production decreased by 10% to 6.7 million pounds.

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$3.11501/16 02:23 PM EDTLatest Updated
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Why Bullish?

Strong financial metrics may attract investor interest; similar reports have boosted stocks historically.

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Solid earnings report indicates continued growth potential, impacting investor perception.

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Immediate financial performance indicates potential for short-term price increase, like previous quarters.

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Trading Symbol: TSX/NYSE American: SVM , /PRNewswire/ - Silvercorp Metals Inc. ("Silvercorp" or the "Company") (TSX: SVM) (NYSE American: SVM) reports production and sales figures for the third quarter of fiscal 2025 ended December 31, 2024 ("Q3 Fiscal 2025"). Silvercorp expects to release its Q3 Fiscal 2025 unaudited financial results on Tuesday, February 11, 2025, after market close. Q3 Fiscal 2025 Operational Results   Record revenue of approximately $83.6 million, an increase of 43% over the same quarter last year ("Q3 Fiscal 2024"); Ore mined of 383,543 tonnes, up 11% over Q3 Fiscal 2024; Ore milled of 361,810 tonnes, up 16% over Q3 Fiscal 2024; Silver production of 1.9 million ounces, an increase of 16% over Q3 Fiscal 2024; silver equivalent (only silver and gold)i production of approximately 2.1 million ounces, compared to 1.8 million ounces in Q3 Fiscal 2024; Lead production of approximately 17.1 million pounds, an increase of 2% over Q3 Fiscal 2024; Zinc production of approximately 6.7 million pounds, a decrease of 10% over Q3 Fiscal 2024; and Inventory stockpile ores at the Ying Mining District of approximately 145 thousand tonnes will be processed during the Chinese New Year holidays in the fourth quarter. Consolidated Operational Results for the Three Months Ended December 31, 2024 and 2023 Q3 Fiscal 2025 Q3 Fiscal 2024 Ying Mining District GC Consolidated Ying Mining District GC Consolidated Production Data Ore Mined (tonnes) 297,246 86,297 383,543 245,606 99,667 345,273 Ore Milled (tonnes) Gold ore 21,912 — 21,912 12,726 — 12,726 Silver ore 255,783 84,115 339,898 201,475 98,299 299,774 277,695 84,115 361,810 214,201 98,299 312,500 Head Grades Silver (grams/tonne) 214 77 235 68 Lead (%) 2.7 1.1 3.5 1.1 Zinc (%) 0.5 2.7 0.7 2.7 Recovery Rates Silver (%) 94.7 82.8 94.9 80.3 Lead (%) 94.0 90.3 94.8 90.9 Zinc (%) 68.9 90.3 71.4 90.1 Metal Production Gold (ounces) 2,056 — 2,056 1,342 — 1,342 Silver (in thousands of ounces) 1,778 168 1,946 1,511 173 1,684 Silver equivalent (in thousands of ounces) 1,951 168 2,119 1,622 173 1,795 Lead (in thousands of pounds) 15,234 1,853 17,087 14,552 2,211 16,763 Zinc (in thousands of pounds) 2,250 4,418 6,668 2,153 5,251 7,404 Metals Sold Gold (ounces) 1,875 — 1,875 1,342 — 1,342 Silver (in thousands of ounces) 1,788 163 1,951 1,536 167 1,703 Lead (in thousands of pounds) 15,209 1,863 17,072 14,194 2,054 16,248 Zinc (in thousands of pounds) 2,203 4,402 6,605 2,215 5,105 7,320 At the Ying Mining District, a total of 297,246 tonnes of ore were mined in Q3 Fiscal 2025, up 21% over Q3 Fiscal 2024, and 277,695 tonnes of ore were milled, up 30% over Q3 Fiscal 2024. Approximately 1.8 million ounces of silver, 2,056 ounces of gold, 2.0 million ounces of silver equivalent, 15.2 million pounds of lead, and 2.3 million pounds of zinc were produced, representing production increases of 53%, 18%, 20%, 5%, and 5%, respectively, in gold, silver, silver equivalent, lead and zinc over Q3 Fiscal 2024. Inventory stockpile ores at the Ying Mining District of approximately 145 thousand tonnes will be processed during the Chinese New Year holidays in the fourth quarter as the 1,500 tonnes per day mill expansion has been in operation since November 2024. At the GC Mine, 86,297 tonnes of ore were mined, down 13% over Q3 Fiscal 2024, and 84,115 tonnes of ore were milled, down 14% over Q3 Fiscal 2024. Approximately 168 thousand ounces of silver, 1.9 million pounds of lead, and 4.4 million pounds of zinc were produced, representing decreases of 3%, 16% and 16%, respectively, in silver, lead and zinc over Q3 Fiscal 2024. Consolidated Operational Results for the Nine Months Ended December 31, 2024 and 2023 Nine monthes ended December 31, 2024 Nine months ended December 31, 2023 Ying Mining District GC Consolidated Ying Mining District GC Consolidated Production Data Ore Mined (tonnes) 825,371 263,459 1,088,830 679,990 241,968 921,958 Ore Milled (tonnes) Gold ore 47,463 — 47,463 36,419 — 36,419 Silver ore 661,972 257,276 919,248 599,459 232,824 832,283 709,435 257,276 966,711 635,878 232,824 868,702 Head Grades Silver (grams/tonne) 228 67 241 72 Lead (%) 2.9 0.9 3.5 1.2 Zinc (%) 0.6 2.5 0.7 2.7 Recovery Rates Silver (%) 94.8 83.0 95.0 81.8 Lead (%) 94.1 89.6 95.1 90.7 Zinc (%) 70.6 90.3 70.7 90.2 Metal Production Gold (ounces) 4,385 — 4,385 5,352 — 5,352 Silver (in thousands of ounces) 4,868 450 5,318 4,614 440 5,054 Silver equivalent (in thousands of ounces) 5,222 450 5,672 5,080 440 5,520 Lead (in thousands of pounds) 41,284 4,624 45,908 44,952 5,692 50,644 Zinc (in thousands of pounds) 6,513 12,400 18,913 6,463 12,363 18,826 Metals Sold Gold (ounces) 4,112 — 4,112 5,352 — 5,352 Silver (in thousands of ounces) 4,883 448 5,331 4,665 431 5,096 Lead (in thousands of pounds) 41,308 4,685 45,993 43,471 5,282 48,753 Zinc (in thousands of pounds) 6,514 12,467 18,981 6,510 12,308 18,818 About Silvercorp Silvercorp is a Canadian mining company producing silver, gold, lead, and zinc with a long history of profitability and growth potential. The Company's strategy is to create shareholder value by 1) focusing on generating free cash flow from long life mines; 2) organic growth through extensive drilling for discovery; 3) ongoing merger and acquisition efforts to unlock value; and 4) long term commitment to responsible mining and ESG. For more information, please visit our website at www.silvercorpmetals.com. For further information Silvercorp Metals Inc. Lon Shaver  President Phone: (604) 669-9397 Toll Free 1(888) 224-1881 Email: [email protected] Website: www.silvercorpmetals.com CAUTIONARY DISCLAIMER - FORWARD-LOOKING STATEMENTS This news release includes "forward-looking statements" within the meaning of the United States Private Securities Litigation Reform Act of 1995 and "forward-looking information" within the meaning of applicable securities laws relating to, among other things statements regarding the processing of ore stockpiles and timing of release the Company's Q3 Fiscal 2025 unaudited financial results. By their very nature, forward-looking statements involve known and unknown risks, uncertainties and other factors that may cause our actual results, performance or achievements to be materially different from any future results, performance or achievements expressed or implied by the forward-looking statements.  Forward-looking information may in some cases be identified by words such as "will", "anticipates", "expects", "intends" and similar expressions suggesting future events or future performance. We caution that all forward-looking information is inherently subject to change and uncertainty and that actual results may differ materially from those expressed or implied by the forward-looking information. A number of risks, uncertainties and other factors, including  fluctuating commodity prices; recent market events and condition; estimation of mineral resources, mineral reserves and mineralization and metal recovery; interpretations and assumptions of mineral resource and mineral reserve estimates; exploration and development programs; climate change; economic factors affecting the Company; timing, estimated amount, capital and operating expenditures and economic returns of future production; integration of future acquisitions into existing operations; permits and licences for mining and exploration in China; title to properties; non-controlling interest shareholders; acquisition of commercially mineable mineral rights; financing; competition; operations and political conditions; regulatory environment in China; regulatory environment and political climate in Bolivia and Ecuador; integration and operations of Adventus; environmental risks; natural disasters; dependence on management and key personnel; foreign exchange rate fluctuations; insurance; risks and hazards of mining operations; conflicts of interest; internal control over financial reporting as per the requirements of the Sarbanes-Oxley Act; outcome of current or future litigation or regulatory actions; bringing actions and enforcing judgments under U.S. securities laws; cyber-security risks; public health crises; the Company's investment in New Pacific Metals Corp. and Tincorp Metals Inc.;  and the other risk factors described in the Company's Annual Information Form and other filings with Canadian and U.S. regulators on www.sedarplus.ca and www.sec.gov; could cause actual results and events to differ materially from those expressed or implied in the forward-looking information or could cause our current objectives, strategies and intentions to change. Accordingly, we warn investors to exercise caution when considering statements containing forward-looking information and that it would be unreasonable to rely on such statements as creating legal rights regarding our future results or plans. We cannot guarantee that any forward-looking information will materialize and you are cautioned not to place undue reliance on this forward-looking information. Any forward-looking information contained in this news release represent expectations as of the date of this news release and are subject to change after such date. However, we are under no obligation (and we expressly disclaim any such obligation) to update or alter any statements containing forward-looking information, the factors or assumptions underlying them, whether as a result of new information, future events or otherwise, except as required by law. All of the forward-looking information in this news release is qualified by the cautionary statements herein. A comprehensive discussion of other risks that impact Silvercorp can also be found in our public reports and filings which are available under its profile at www.sedarplus.ca. i Silver equivalent is calculated by converting the gold metal quantity to its silver equivalent using the ratio between the net realized selling prices of gold and silver achieved, and then adding the converted amount expressed in silver ounces to the ounces of silver. SOURCE Silvercorp Metals Inc WANT YOUR COMPANY'S NEWS FEATURED ON PRNEWSWIRE.COM? 440k+ Newsrooms & Influencers 9k+ Digital Media Outlets 270k+ Journalists Opted In

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