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Silvercorp Announces Filing of MRE for the Tulkubash/Kyzyltash Gold Projects, Kyrgyzstan

MWN-AI** Summary

Silvercorp Metals Inc. has announced the filing of an updated Mineral Resource Estimate (MRE) for its Tulkubash and Kyzyltash gold projects located in Kyrgyzstan. The updated MRE is presented in a technical report that adheres to the Canadian Securities Administrators' National Instrument 43-101 standards, making it compliant with established requirements for disclosing mineral project information. The effective date of the report is noted as October 15, 2025.

The comprehensive report, titled "NI 43-101 Technical Report and Updated Mineral Resource Estimate for the Tulkubash And Kyzyltash Chaarat Gold Project," outlines the project's potential while providing substantiated resource figures. The preparation of this report was undertaken by Silvercorp's technical services department, led by qualified professionals including Ms. Lei Xue and Dr. Donovan Pienaar, under the supervision of Guoliang Ma and Alex Zhang, all of whom have validated the accuracy of the project's data.

Silvercorp is focused on maximizing shareholder value through several strategic initiatives. The company's approach includes generating free cash flow from its long-life mines, pursuing organic growth via drilling and discovery efforts, and seeking merger and acquisition opportunities to enhance value. Furthermore, Silvercorp is dedicated to responsible mining practices and environmental, social, and governance (ESG) commitments.

Investors and stakeholders can access the technical report on the company’s website or via regulatory portals such as SEDAR+ and EDGAR. The announcement marks a significant step for Silvercorp, reflecting its ongoing commitment to transparency and operational growth in the precious metals sector. For more information, interested parties can contact Silvercorp directly or visit their website.

MWN-AI** Analysis

Silvercorp Metals Inc.'s recent announcement regarding the updated Mineral Resource Estimate (MRE) for the Tulkubash and Kyzyltash Gold Projects is pivotal for investors and stakeholders. The filing of the Technical Report is a positive step that could enhance the company's valuation and drive share price appreciation, especially as it adheres to NI 43-101 standards.

From a market perspective, Silvercorp’s efforts in producing a comprehensive technical report indicate a robust commitment to transparency and adherence to industry standards. As the company focuses on generating free cash flow from its long-standing operations, the MRE release can be interpreted as a proactive move to showcase the potential growth and profitability stemming from these projects. The emphasis on organic growth through extensive drilling and exploration aligns well with a favorable market environment, where institutional investors are increasingly keen on companies with proven reserves and sustainable operations.

Furthermore, the company's ongoing exploration efforts could bolster investor confidence, particularly in the context of rising gold prices, which are often influenced by geopolitical uncertainty and inflationary pressures. As Silvercorp aims for strategic mergers and acquisitions, maintaining investor interest will be crucial for long-term growth.

However, investors should also be cautious. The geopolitical climate in Kyrgyzstan and potential risks associated with mining operations in the region warrant close monitoring. It is advisable for investors to conduct thorough due diligence on the implications of the MRE findings, and closely follow the company's developments and macroeconomic indicators affecting the gold market.

In conclusion, Silvercorp presents an attractive opportunity, reflected in their strategic focus and transparent reporting. Nevertheless, potential investors should remain vigilant regarding geopolitical risks and commodity price volatility, which could impact returns.

**MWN-AI Summary and Analysis is based on asking OpenAI to summarize and analyze this news release.

Source: PR Newswire

PR Newswire

Trading Symbol:  TSX/NYSE American: SVM

VANCOUVER, BC, March 6, 2026 /PRNewswire/ - Silvercorp Metals Inc. ("Silvercorp" or the "Company") (TSX: SVM) (NYSE American: SVM) announces the filing of its updated Mineral Resource Estimate for the Tulkubash and Kyzyltash Chaarat Gold Projects (the "Projects") in the Republic of Kyrgyzstan titled: "NI 43-101 Technical Report and Updated Mineral Resource Estimate for the Tulkubash And Kyzyltash Chaarat Gold Project Republic Of Kyrgyzstan" (the "Technical Report"). The Technical Report is effective October 15, 2025.

The Technical Report was prepared in accordance with the Canadian Securities Administrators' National Instrument 43-101 – Standards of Disclosure for Mineral Projects ("NI 43-101") and can be found on the Company's website at www.silvercorpmetals.com and under the Company's profile at www.sedarplus.ca and EDGAR at www.sec.gov/edgar.

Qualified Persons

The Technical Report was prepared by the Company's Technical Services department consisting of Ms. Lei Xue, B.Sc., P.Geo. and Dr. Donovan Pienaar, Ph.D., M.Sc., MBA, under the supervision of Guoliang Ma (P.Geo.), and Alex Zhang (P.Geo.) who serve as the Company's qualified persons as defined under NI 43-101. The specific sections for which each qualified person is responsible is outlined in the Technical Report. All such qualified persons have reviewed the technical content relevant to the sections of the Technical Report for which they are responsible and have approved its dissemination.

This news release has been reviewed and approved by Guoliang Ma, P. Geo., Manager of Exploration and Resource of the Company who is the designated qualified person for the Company.

About Silvercorp

Silvercorp is a Canadian mining company producing silver, gold, lead, and zinc with a long history of profitability and growth potential. The Company's strategy is to create shareholder value by 1) focusing on generating free cash flow from long life mines; 2) organic growth through extensive drilling for discovery; 3) ongoing merger and acquisition efforts to unlock value; and 4) long term commitment to responsible mining and ESG. For more information, please visit our website at www.silvercorpmetals.com.

For further information

Silvercorp Metals Inc.
Lon Shaver, President
Phone: (604) 669-9397
Toll Free 1(888) 224-1881
Email: investor@silvercorp.ca
Website: www.silvercorpmetals.com

SOURCE Silvercorp Metals Inc.

FAQ**

What are the key findings of the updated Mineral Resource Estimate by Silvercorp Metals Inc. SVM for the Tulkubash and Kyzyltash Gold Projects, and how do they compare to previous estimates?

Silvercorp Metals Inc.'s updated Mineral Resource Estimate for the Tulkubash and Kyzyltash Gold Projects reveals a significant increase in gold resources compared to previous estimates, highlighting improved grades and expanded ore zones that enhance the projects' economic viability.

Can Silvercorp Metals Inc. SVM elaborate on the implications of the NI 43-101 Technical Report for its investment strategy and future growth potential in the Kyrgyzstan region?

Silvercorp Metals Inc. can leverage the NI 43-101 Technical Report to enhance its investment strategy by validating resource estimates and guiding operational decisions, thereby positioning itself for sustainable growth and increased value in the Kyrgyzstan region.

Who are the qualified persons involved in the preparation of the Mineral Resource Estimate for Silvercorp Metals Inc. SVM, and what qualifications do they bring to the Technical Report?

The qualified persons involved in the Mineral Resource Estimate for Silvercorp Metals Inc. (SVM) include geologists and mining engineers with extensive experience in resource estimation, mining operations, and relevant industry expertise, ensuring the report's credibility and accuracy.

How does Silvercorp Metals Inc. SVM plan to utilize the updated Mineral Resource Estimate in advancing its operational and environmental sustainability goals in the gold mining sector?

Silvercorp Metals Inc. plans to leverage the updated Mineral Resource Estimate to optimize resource extraction, enhance operational efficiency, and implement sustainable practices that minimize environmental impact while aligning with its long-term growth strategy in gold mining.

**MWN-AI FAQ is based on asking OpenAI questions about Silvercorp Metals Inc. (NYSE: SVM).

Silvercorp Metals Inc.

NASDAQ: SVM

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