Business
Silvercorp Metals Delivers Robust PEA for Condor Gold Project in Ecuador
Vancouver, BC, Dec. 22, 2025 /CNW/ - Silvercorp Metals Inc. (TSX: SVM) ("Silvercorp" or the "Company") is pleased to report the results of its Preliminary Econo
About this update from Silvercorp Metals Inc.
[{"type":"text","content":" Vancouver, BC, Dec. 22, 2025 /CNW/ - Silvercorp Metals Inc. (TSX: SVM) (\"Silvercorp\" or the \"Company\") is pleased to report the results of its Preliminary Economic Assessment (\"PEA\") for the Condor gold project (the \"Project\") in Ecuador. The PEA is based on the Mineral Resource Estimate (the \"MRE\") which was prepared for the Project in accordance with National Instrument 43‐101 - Standards of Disclosure for Mineral Projects (\"NI 43‐101\"). Highlights from the PEA are as follows (all figures in US Dollars): After-tax net present value (\"NPV\") (5%) of $522 million and an after-tax internal rate of return (\"IRR\") of 29% at base case metal prices of $2,600/ounce (\"oz\") gold, $31.00/oz silver, $1.27/pound (\"lb\") zinc, and $0.91/lb lead; After-tax net present value (\"NPV\") (5%) of $1,559 million and an after-tax internal rate of return (\"IRR\") of 61% at near spot metal prices of $4,300/oz gold, $60.00/oz silver, $1.27/lb zinc, and $0.91/lb lead; 13-year life of mine (\"LOM\"), producing approximately 1,375 thousand ounces (\"koz\") of payable gold, 5,266 koz of payable silver, 95,656 thousand pounds (\"klbs\") of payable zinc and 8,448 klbs of payable lead; Initial capital costs of $292 million and a post-tax payback of 3 years starting from commercial production; Average LOM all-in sustaining cost (\"AISC\") of $1,258/oz net of by-product credits. The PEA is preliminary in nature and includes inferred mineral resources that are considered too speculative geologically to have the economic considerations applied to them that would enable them to be categorized as mineral reserves. As such there is no certainty that the PEA will be realized. Economic Results and Sensitivities Table 1 shows key assumptions and summarizes the projected production and economic results of the PEA. Tables 2 and 3 show sensitivities to gold prices and operating and capital costs. Table 1: Condor Underground Mine – Key Economic Assumptions and Results Item Unit Value Gold Price $/oz 2,600 Silver Price $/oz 31 Zinc Price $/lb 1.27 Lead Price $/lb 0.91 Total Mill Feed Mt 21.34 Annual Processing Rate Mtpa 1.8 Average Gold Grade1 g/t 2.15 Average Silver Grade 1 g/t 14.20 Gold Recovery 1 % 93.9 Total Payable Gold koz 1,375 Total Payable Silver koz 5,266 Total Payable Zinc klbs 95,656 Total Payable Lead klbs ...