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

Rhea-AI Summary

Silvercorp (TSX: SVM) filed an updated NI 43-101 Mineral Resource Estimate and Technical Report for the Tulkubash and Kyzyltash Chaarat gold projects in the Kyrgyz Republic, effective October 15, 2025.

The report was prepared by the company's Technical Services team and reviewed by qualified persons; it is available on the company's website, SEDAR+, and EDGAR.

Key Figures

Effective date: October 15, 2025

1 metrics

Effective date October 15, 2025 NI 43-101 Technical Report for Tulkubash/Kyzyltash projects

Market Reality Check

Price: $11.83 Vol: Volume 3,378,281 is at 0....

low vol

$11.83 Last Close

Volume Volume 3,378,281 is at 0.58x the 20-day average of 5,842,358, indicating subdued trading ahead of this filing. low

Technical Shares at $11.83 are trading above the 200-day MA of $6.93 and about 15.5% below the 52-week high of $14.00.

Peers on Argus

SVM slipped 0.08% with mixed peer action: EXK -0.8%, MAG -1.96%, TGB -2.04%, whi...

SVM slipped 0.08% with mixed peer action: EXK -0.8%, MAG -1.96%, TGB -2.04%, while AG gained 0.27% and MTAL was flat, suggesting a stock-specific tone rather than a coordinated silver-sector move.

Historical Context

5 past events · Latest: Feb 09 (Positive)

Pattern 5 events

Date	Event	Sentiment	Move	Catalyst
Feb 09	Q3 earnings report	Positive	+0.9%	Strong revenue, adjusted net income and record cash flow for Q3 FY2026.
Feb 04	Project budget update	Negative	-9.8%	El Domo budget increased and production start delayed by about six months.
Feb 02	Condor PEA filing	Positive	+7.3%	Filed NI 43-101 Preliminary Economic Assessment for Condor gold project.
Jan 27	Acquisition completion	Positive	+0.6%	Completed acquisition of Tulkubash/Kyzyltash projects and JV structure with Kyrgyzaltyn.
Jan 20	Acquisition agreement	Positive	+8.2%	Agreed to acquire 70% of Chaarat ZAAV and outlined phased gold development plan.

Pattern Detected

Recent news has generally produced price moves aligned with the underlying news tone, including strong reactions to project updates and acquisitions.

Recent Company History

Over the past several months, Silvercorp has combined strong operating performance with active project development and M&A. Q3 Fiscal 2026 earnings on Feb 9, 2026 showed higher revenue and cash flow with a modest positive share reaction. Project and PEA updates on El Domo and Condor triggered larger directional moves, particularly a -9.79% drop after a budget increase and delay. The Tulkubash/Kyzyltash acquisition announcements in January, including the completed deal on Jan 27, were met with positive price responses, indicating investor focus on growth projects.

Market Pulse Summary

This announcement centers on filing an updated NI 43-101 Technical Report and Mineral Resource Estim...

Analysis

This announcement centers on filing an updated NI 43-101 Technical Report and Mineral Resource Estimate for the Tulkubash/Kyzyltash projects, effective October 15, 2025. It formalizes technical work underpinning the recently acquired Kyrgyz assets, following earlier disclosures about the acquisition structure and phased development plans. Investors may monitor future updates that quantify reserves, outline capital and operating cost assumptions, or adjust timelines, as prior El Domo and Condor communications have triggered notable share-price reactions.

Key Terms

mineral resource estimate, ni 43-101, qualified persons

3 terms

mineral resource estimate technical

"announces the filing of its updated Mineral Resource Estimate for the Tulkubash"

A mineral resource estimate is a calculated approximation of how much metal or mineral material likely exists in a particular deposit and where it sits underground, similar to estimating how many cookies are in a jar by peeking at the layers. It matters to investors because it provides a data-based starting point for judging a project's potential value, future production and risks, while not guaranteeing recoverable or profitable amounts.

ni 43-101 regulatory

""NI 43-101 Technical Report and Updated Mineral Resource Estimate for the"

A Canadian regulatory standard that sets the rules for how mining and exploration companies must report mineral resources and reserves, requiring technical reports prepared or signed off by an independent, certified expert. It matters to investors because it creates a consistent, transparent “inspection report” for mining projects, making it easier to compare prospects, judge the reliability of claims, and assess geological and financial risk before investing.

qualified persons regulatory

"who serve as the Company's qualified persons as defined under NI 43-101"

A qualified person is a named professional who holds the legal credentials and expertise required by regulators to review and sign off on technical, scientific or safety-related information in public disclosures. For investors, this functions like a licensed inspector or certified auditor: it signals that key claims — about clinical results, mining resources, or product safety — have been checked by someone officially authorized, which increases trust and reduces the chance of misleading statements.

AI-generated analysis. Not financial advice.

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

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SOURCE Silvercorp Metals Inc.

FAQ

What did Silvercorp (SVM) file on March 6, 2026 for Tulkubash and Kyzyltash?

Silvercorp filed an updated NI 43-101 Technical Report and Mineral Resource Estimate for Tulkubash and Kyzyltash. According to Silvercorp, the report is effective October 15, 2025 and is available on the company website, SEDAR+, and EDGAR.

Where can investors find the Silvercorp (SVM) NI 43-101 report for the Chaarat projects?

The NI 43-101 Technical Report is available on Silvercorp's investor website, SEDAR+, and EDGAR. According to Silvercorp, the report and supporting technical sections can be accessed at www.silvercorpmetals.com, www.sedarplus.ca, and www.sec.gov/edgar.

Who prepared and reviewed the updated Mineral Resource Estimate for SVM's projects?

The report was prepared by Silvercorp's Technical Services department and reviewed by designated qualified persons. According to Silvercorp, Ms. Lei Xue and Dr. Donovan Pienaar prepared it under supervision of Guoliang Ma and Alex Zhang, who approved dissemination.

What is the effective date of the Silvercorp (SVM) Technical Report for the Kyrgyz projects?

The Technical Report is effective October 15, 2025. According to Silvercorp, that effective date applies to the updated Mineral Resource Estimate for the Tulkubash and Kyzyltash Chaarat gold projects.

Does the Silvercorp (SVM) release include new financial or production guidance?

No financial or production guidance is provided in this filing; it is an updated technical resource estimate. According to Silvercorp, the filing focuses on the NI 43-101 Technical Report and the Mineral Resource Estimate without presenting earnings or guidance figures.