VANCOUVER, BC — January 15, 2026 — Leads & Copy — Silvercorp Metals Inc. (TSX: SVM) (NYSE American: SVM) has released its production and sales figures for the third quarter ended December 31, 2025 (“Q3 Fiscal 2026”). The company anticipates releasing its Q3 Fiscal 2026 unaudited interim financial results on Monday, February 9, 2026, after market close.
Operational highlights for Q3 Fiscal 2026 include record revenue of approximately $126.1 million, a 51% increase over the same quarter last year (“Q3 Fiscal 2025”). Silver production reached 1.9 million ounces, a 4% decrease compared to Q3 Fiscal 2025. Silver equivalent (only silver and gold) production totaled 2.0 million ounces, a 5% decrease from the 2.1 million ounces in Q3 Fiscal 2025.
Lead production was 16.4 million pounds, a 4% decrease over Q3 Fiscal 2025, while zinc production was 7.0 million pounds, a 5% increase over the same period. The company stockpiled 61,105 tonnes of ore at the Ying Mining District for processing during the Chinese New Year.
Active exploration continued at the Ying Mining District and the GC Mine, with 89,208 meters of drilling and 22,271 meters of exploration tunneling completed. Construction at the Kuanping mine progressed with 3,297 meters of ramp development and 693 meters of exploration tunneling completed.
The Ying Mining District processed 328,425 tonnes of ore, an 18% increase over Q3 Fiscal 2025. Production included approximately 1.7 million ounces of silver, 2,096 ounces of gold (or 1.9 million ounces of silver equivalent), 14.7 million pounds of lead, and 1.9 million pounds of zinc. These figures represent a 2% increase in gold production, but decreases of 2%, 4%, 4%, and 16% in silver, silver equivalent, lead, and zinc, respectively, compared to Q3 Fiscal 2025. The lower production was attributed to lower head grades due to XRT sorter maintenance in October 2025 and higher dilution from increased shrinkage mining. During the quarter, 76,607 meters of drilling and 19,917 meters of exploration tunneling were completed.
At the GC Mine, 87,095 tonnes of ore were processed, a 4% increase over Q3 Fiscal 2025. The mine produced approximately 0.1 million ounces of silver, 1.7 million pounds of lead, and 5.1 million pounds of zinc. This represents a 15% increase in zinc production, but decreases of 28% in silver and 6% in lead production compared to the previous year. Drilling totaled 12,601 meters, and exploration tunneling reached 2,353 meters in Q3 Fiscal 2026.
Silvercorp is a Canadian mining company focused on producing silver, gold, lead, and zinc. The company’s strategy involves generating free cash flow, organic growth through drilling, mergers and acquisitions, and a commitment to responsible mining and ESG practices.
For further information, contact:
Lon Shaver
President
Phone: (604) 669-9397
Toll Free: 1(888) 224-1881
Email: investor@silvercorp.ca
Source: Silvercorp Metals Inc.
