Silvercorp Metals (TSE:SVM) has released an update.
Silvercorp Metals has announced significant growth in its Mineral Resources and Reserves for the GC Mine, with the updated 2024 Technical Report showing increases in key metal contents and planned annual production rates. The report highlights a 15-20% rise in resource tonnes and contained metals, as well as an anticipated increase in annual silver production to approximately 0.8 million ounces. Additionally, there is potential to extend the mine’s life beyond 2037 through further exploration.
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