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Tailings Storage Facility No. 3 and New 1,500 tonne per day Mill Expansion Completed and in Operation at Ying Mine, China
Tailings Storage Facility No. 3 and New 1,500 tonne per day Mill Expansion Completed and in Opera...
About this update from Silvercorp Metals Inc.
[{"type":"text","content":"\n\n\n\n Tailings Storage Facility No. 3 and New 1,500 tonne per day Mill Expansion Completed and in Operation at Ying Mine, China\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.prntal{\nTEXT-ALIGN: LEFT\n}\n.prntaj{\nTEXT-ALIGN: JUSTIFY\n}\n \n\n\n\n\n\n Canada NewsWire\n \n\n\n\n\n\n\n\n\n\n\n\n Trading Symbols: SVM (TSX/NYSE American)\n \n\n\n\n\n VANCOUVER, BC\n \n\n ,\n \n\n Jan. 14, 2025\n \n\n /CNW/ -\n \n Silvercorp Metals Inc.\n \n (\"Silvercorp\" or the \"Company\") (TSX: SVM) (NYSE American: SVM), reports the construction of tailings storage facility (\"TSF\") No. 3 and the new 1,500 tonne per day (\"tpd\") flotation production line at the Ying Mining District,\n \n Henan Province\n \n ,\n \n China\n \n (\"Ying\") were completed in early\n \n December 2024\n \n , on time and under budget. Both facilities are now fully operating as designed, following a one-month commissioning period. The addition of the new flotation production line will enable the milling capacity at Ying to be increased to over 1.3 million tonnes per year.\n \n\n\n Operation of TSF No. 3\n \n\n\n Currently the Company is operating three TSFs at Ying, with TSF No. 1 in the process of closing and decommissioning, and TSF No. 2. having 6 years of life remaining.  The first phase of TSF No. 3, with storage capacity of approximately 9.92 million cubic metres, will support Ying at the expanded operating rate of 1.3 million tonnes of ore per year over 12 years. The second phase of TSF No. 3 will have approximately 9.29 million cubic metres of capacity. The total storage capacity of TSF No. 3 is 19.21 million cubic metres.\n \n\n Phase 1 of TSF No. 3 was constructed for approximately\n \n US$28 million\n \n , less than the original budget of\n \n $38 million\n \n (\n \n February 24, 2022\n \n news release); the main components of the project included:\n \n\n\n Land purchasing and compensation;\n \n\n Upstream \"non-contact water\" dam and 1,825 metre long \"non-contact water\" discharge tunnel, with a 40 centimetre thick steel reinforced concrete liner;\n \n\n A 3,200 metre long tailings water d...