Silvercorp Boosts Ying District Reserves by 50 Percent

Silvercorp Metals has updated its technical outlook for the Ying Mining District in China, reporting a 50 percent surge in mineral reserve tonnage and a 20 percent increase in contained silver ounces. The updated life-of-mine plan now extends production through 2042, supported by a higher silver price baseline of 28 dollars per ounce.

The latest technical report, verified by AMC Mining Consultants, incorporates data from seven active underground mines and the new KP startup. The company estimates approximately 106 million ounces of silver will be extracted over the next 17 years. This expansion in reserves follows a period of significant mine replenishment, where Silvercorp successfully replaced metals depleted between June 2024 and December 2025.

Operational efficiency remains a core driver for the district, with annual ore production projected to climb from 1.2 million tonnes in fiscal 2026 to over 1.6 million tonnes by 2029. The company intends to maintain this output level through 2031 before a gradual decline. Economic projections for the site are robust, with an estimated post-tax net present value of 1.03 billion dollars. While silver remains the primary revenue contributor at nearly 70 percent, the diversified mineral profile—including lead, gold, and zinc—continues to anchor the long-term viability of the Henan province operations.