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SILVERCORP REPORTS OPERATIONAL RESULTS AND THE FINANCIAL RESULTS RELEASE DATE FOR THE SECOND QUARTER OF FISCAL 2023
SILVERCORP REPORTS OPERATIONAL RESULTS AND THE FINANCIAL RESULTS RELEASE DATE FOR THE SEC...
About this update from Silvercorp Metals Inc.
[{"type":"text","content":"\n \n \n \n SILVERCORP REPORTS OPERATIONAL RESULTS AND THE FINANCIAL RESULTS RELEASE DATE FOR THE SECOND QUARTER OF FISCAL 2023\n \n \n /* Style Definitions */\nspan.prnews_span\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\na.prnews_a\n{\ncolor:blue;\n}\nli.prnews_li\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\np.prnews_p\n{\nfont-size:0.62em;\nfont-family:\"Arial\";\ncolor:black;\nmargin:0in;\n}\n \n \n \n \n \n \n Canada NewsWire\n \n \n \n \n \n \n \n \n \n \n \n \n \n VANCOUVER, BC\n \n \n ,\n \n \n Oct. 13, 2022\n \n \n /CNW/ -\n \n Silvercorp Metals Inc.\n \n (\"Silvercorp\" or the \"Company\") (TSX: SVM) (NYSE American: SVM) reports production and sales figures for the second quarter of fiscal year 2023 ended\n \n September 30, 2022\n \n (\"Q2 Fiscal 2023\"). The Company expects to release its Q2 Fiscal 2023 unaudited financial results on\n \n Thursday, November 3, 2022\n \n after market close.\n \n \n In Q2 Fiscal 2023, the Company produced approximately 1.8 million ounces of silver, 1,200 ounces of gold, 18.0 million pounds of lead and 6.0 million pounds of zinc, representing increases of 6%, 50%, and 2%, respectively in silver, gold and lead, and a decrease of 20% in zinc compared to the second quarter ended\n \n September 30, 2021\n \n (\"Q2 Fiscal 2022\").\n \n \n For the first six months of Fiscal 2023, the Company produced approximately 3.7 million ounces of silver, 2,300 ounces of gold, 37.1 million pounds of lead, and 12.9 million pounds of zinc, representing increases of 15%, 28%, and 11%, respectively in silver, gold and lead, and a decrease of 12% in zinc compared to the same prior year period.\n \n \n \n \n Q2 FISCAL 2023 OPERATING HIGHLIGHTS\n \n \n \n \n \n On a consolidated basis, 290,981 tonnes of ore were mined, down 1% over Q2 Fiscal 2022, but 291,643 tonnes of ore were milled, up 7% over Q2 Fiscal 2022.\n \n \n On a consolidated basis, the Company sold approximately 1.8 million ounces of silver, 1,200 ounces of gold, 17.3 million pounds of lead, and 5.9 million pounds of zinc, compared to approximately 1.7 million ounces of silver, 800 ounces of gold, 17.3 million pounds of lead and 7.6 million pounds of zinc sold in Q2 Fiscal 2022.\n \n \n At the Ying Mining District, 215,927 tonnes of ore were mined and 216,262 tonnes of ore were milled, up 4% and 19%, respectively, com...