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Silvercorp Metals Reports Operational Results and Financial Results Release Date for Third Quarter, Fiscal 2024
VANCOUVER, BC, Jan. 15, 2024 /CNW/ - Silvercorp Metals Inc. ("Silvercorp" or the "Company") (TSX: SVM) (NYSE American: SVM) reports production and sales figures
About this update from Silvercorp Metals Inc.
[{"type":"text","content":" VANCOUVER, BC, Jan. 15, 2024 /CNW/ - Silvercorp Metals Inc. (\"Silvercorp\" or the \"Company\") (TSX: SVM) (NYSE American: SVM) reports production and sales figures for the third quarter ended December 31, 2023 of fiscal year 2024 (\"Q3 Fiscal 2024\"). The Company expects to release its Q3 Fiscal 2024 unaudited financial results on Thursday, February 8, 2024 after market close. Q3 Fiscal 2024 Operational Results Gold production of 1,342 ounces, an increase of 22% over Q3 Fiscal 2023; Silver equivalent (only silver and gold)1 production of approximately 1.8 million ounces; Zinc production of approximately 7.4 million pounds, an increase of 6% over Q3 Fiscal 2023; and Lead production of approximately 16.8 million pounds, a decrease of 16% over Q3 Fiscal 2023. Third Quarter Fiscal 2024 Third Quarter Fiscal 2023 Ying Mining District GC Consolidated Ying Mining District GC Consolidated Production Data Ore Mined (tonnes) 245,606 99,667 345,273 206,854 89,196 296,050 Ore Milled (tonnes) Gold ore 12,726 - 12,726 - - - Silver ore 201,475 98,299 299,774 213,830 89,612 303,442 214,201 98,299 312,500 213,830 89,612 303,442 Head Grades Silver (gram/tonne) 235 68 262 75 Lead (%) 3.5 1.1 4.0 1.4 Zinc (%) 0.7 2.7 0.7 2.8 Recovery Rates Silver (%) 94.9 80.3 95.7 83.0 Lead (%) 94.8 90.9 &nbs...