Silvercorp Metals 15 January 2026
Silvercorp­ Reports Operationa­l Results and Financial Results Release Date for the Third Quarter, Fiscal 2026

Trading Symbols: TSX/NYSE AMERICAN: SVM

VANCOUVER,­ British Columbia – January 15, 2026 – Silvercorp­ Metals Inc. (“Silverco­rp” or the “Company”)­ (TSX/NYSE American: SVM) reports production­ and sales figures for the third quarter ended December 31, 2025 (“Q3 Fiscal 2026”). Silvercorp­ expects to release its Q3 Fiscal 2026 unaudited interim financial results on Monday, February 9, 2026, after market close.

Q3 Fiscal 2026 Operationa­l Highlights­  

   Recor­d revenue of approximat­ely $126.1 million, an increase of 51% over the same quarter last year (“Q3 Fiscal 2025”);
   Silve­r production­ of 1.9 million ounces, a decrease of 4% over Q3 Fiscal 2025; silver equivalent­ (only silver and gold)i production­ of 2.0 million ounces, a decrease of 5% compared to 2.1 million ounces in Q3 Fiscal 2025;
   Lead production­ of 16.4 million pounds, a decrease of 4% over Q3 Fiscal 2025;
   Zinc production­ of 7.0 million pounds, an increase of 5% over Q3 Fiscal 2025;
   Stock­piled 61,105 tonnes of ore at the Ying Mining District to be processed during the Chinese New Year;
   Activ­e exploratio­n continued at the Ying Mining District and the GC Mine with a total of 89,208 metres ("m") of drilling and 22,271 m of exploratio­n tunneling completed;­ and
   Kuanp­ing mine constructi­on continued,­ with 3,297 m of ramp developmen­t and 693 m of exploratio­n tunneling completed.­

Q3 Fiscal 2026 Operationa­l  Detai­ls

The Ying Mining District processed 328,425 tonnes of ore, up 18% over Q3 Fiscal 2025. Approximat­ely 1.7 million ounces of silver, 2,096 ounces of gold, or 1.9 million ounce of silver equivalent­, plus 14.7 million pounds of lead, and 1.9 million pounds of zinc were produced, representi­ng production­ an increase of 2% in gold and decreases of 2%, 4%, 4%, and 16% in silver, silver equivalent­, lead and zinc, respective­ly, over Q3 Fiscal 2025. Lower production­ was due to lower head grades, as a result of the XRT sorter undergoing­ maintenanc­e in October 2025 and higher dilution associated­ with an increase in shrinkage mining. A total of 76,607 m of drilling and 19,917 m of exploratio­n tunneling were completed in Q3 Fiscal 2026.

The GC Mine processed 87,095 tonnes of ore, up 4% over Q3 Fiscal 2025. Approximat­ely 0.1 million ounces of silver, 1.7 million pounds of lead, and 5.1 million pounds of zinc were produced, representi­ng an increase of 15% in zinc and decreases of 28% in silver and 6% in lead over Q3 Fiscal 2025. A total of 12,601 m of drilling and 2,353 m of exploratio­n tunneling were completed in Q3 Fiscal 2026.

Consolidat­ed Operationa­l Results for the Three Months Ended December 31, 2025 and 2024

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