Silvercorp Unveils Updated Mineral Resource for Condor Project
Silvercorp Metals Inc. Updates Mineral Resource Estimate
Silvercorp Metals Inc. ("Silvercorp" or the "Company") (TSX: SVM) (NYSE American: SVM) has made an important announcement regarding its mineral resource estimate for its Condor gold project. The updated estimate demonstrates Silvercorp's commitment to transparency and best practices in the mining industry.
Details of the Updated Estimate
This updated mineral resource estimate has been documented in a thorough report titled: "Independent Technical Report for the Condor Project," prepared effectively by SRK Consulting. This comprehensive report follows the National Instrument 43-101 Standards of Disclosure for Mineral Projects, showcasing the Company’s adherence to strict regulatory standards.
Technical Report Insights
Silvercorp emphasizes that the Technical Report aligns perfectly with prior communications the Company has made, ensuring that stakeholders are kept well-informed. Although the Condor Project is presently not considered a material part of the Company, the voluntary filing of the estimate highlights Silvercorp’s proactive stance in maintaining operational integrity.
About Silvercorp Metals Inc.
With a robust history in the mining sector, Silvercorp is recognized for its successful production of silver, gold, lead, and zinc. The Company aims to maximize shareholder value by focusing on several strategic objectives. These include generating significant free cash flow from its long-life mines and actively engaging in organic growth through pioneering exploration efforts.
Commitment to Growth and Sustainability
Moreover, Silvercorp is dedicated to responsible mining practices and actively pursues mergers and acquisitions that have the potential to unlock additional value for its stakeholders. The Company’s long-term approach revolves around sustainable development strategies that align with environmental, social, and governance (ESG) principles.
Future Aspirations and Contact Information
Silvercorp continues to strive for excellence in every aspect of its operations while looking towards future opportunities for growth. For those seeking more information on the Company’s initiatives, details can be found on Silvercorp’s official website.
To reach Silvercorp for inquiries, interested parties can contact:
Lon Shaver
President
Phone: (604) 669-9397
Toll Free: 1(888) 224-1881
Frequently Asked Questions
What is the updated mineral resource estimate for the Condor Project?
The latest estimate is documented in the Independent Technical Report prepared by SRK Consulting, highlighting the resources available at the project.
What is Silvercorp's main focus as a mining company?
Silvercorp aims to create shareholder value through cash flow generation, exploration, and responsible mining practices.
Who prepared the Independent Technical Report for the Condor Project?
SRK Consulting prepared the Independent Technical Report in accordance with NI 43-101 standards.
How can I find more information about Silvercorp?
Information about Silvercorp and its operations is available on its official website.
Who should I contact for inquiries related to Silvercorp?
For inquiries, you can reach out to Lon Shaver, President of Silvercorp, via phone or toll-free lines provided above.
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