Silvercorp (NYSE: SVM) files PEA for Condor gold project in Ecuador

Rhea-AI Filing Summary

Silvercorp Metals Inc. has filed a Preliminary Economic Assessment for its Condor gold project in Ecuador. The independent technical report, effective November 30, 2025, is titled "Independent Technical Report for the Condor Gold Project, Zamora Chinchipe Province, Ecuador" and was prepared by SRK Consulting (Canada) Inc.

The report follows Canadian National Instrument 43-101 standards and is available on Silvercorp’s website, SEDAR+, and EDGAR. Multiple qualified engineers, geologists, metallurgists, and environmental specialists contributed and approved the technical content, and the release was reviewed by Silvercorp’s designated qualified person, Guoliang Ma.

Silvercorp describes itself as a profitable Canadian mining company producing silver, gold, lead, and zinc, focused on free cash flow from long-life mines, organic growth through drilling, M&A, and long-term responsible mining and ESG practices.

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

FORM 6-K

REPORT OF FOREIGN PRIVATE ISSUER

PURSUANT TO RULE 13a-16 OR 15d-16 OF
THE SECURITIES EXCHANGE ACT OF 1934

For the month of February 2026

Commission File No. 001-34184

SILVERCORP METALS INC.
(Translation of registrant’s name into English)

Suite 1750 - 1066 West Hastings Street
Vancouver, BC Canada V6E 3X1
(Address of principal executive office)

[Indicate by check mark whether the registrant files or will file annual reports under cover of Form 20-F or Form 40-F]

Form 20-F [   ] Form 40-F [ X ]

SIGNATURE

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.

Dated: February 2, 2026	SILVERCORP METALS INC.
	/s/ Jonathan Hoyles
	Jonathan Hoyles
	General Counsel and Corporate Secretary

EXHIBIT INDEX

EXHIBIT DESCRIPTION OF EXHIBIT

99.1 News Release - February 2, 2026 - Silvercorp Announces Filing of PEA for Condor Gold Project in Ecuador

Exhibit 99.1

 

Silvercorp Announces Filing of PEA for Condor Gold Project in Ecuador

Trading Symbol:      TSX/NYSE American: SVM

VANCOUVER, BC, Feb. 2, 2026 /CNW/ - Silvercorp Metals Inc. ("Silvercorp" or the "Company") (TSX: SVM) (NYSE American: SVM) (the "Company") announces the filing of its Preliminary Economic Assessment for the Condor gold project (the "Project") in Ecuador titled: "Independent Technical Report for the Condor Gold Project, Zamora Chinchipe Province, Ecuador" (the "Technical Report"). The Technical Report is effective November 30, 2025 and was prepared by SRK Consulting (Canada) Inc.

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 qualified persons for the Technical Report are Mr. Mark Wanless, FGSSA, Pr.Sci.Nat, Principal Geologist with SRK Consulting (Canada) Inc., Mr. Benny Zhang, M.Eng., P.Eng., Principal Mining Engineer with SRK Consulting (Canada) Inc., Mr. Sean Kautzman, P.Eng, Principal Mining Engineer with SRK Consulting (Canada) Inc., Dr. Jianhui Huang, Ph.D., P.Eng , Principal Process Engineer with Tetra Tech Canada Inc., Dr. Jinxing Ji, P.Eng., Metallurgist with JJ Metallurgical Services, Mr. Chris Johns, P.Eng, Principal Geotechnical Engineer with Tetra Tech Canada Inc. and Mr. Mark Liskowich, PGeo, associate Principal Environmental Consultant SRK Consulting (Canada) Inc. The specific sections for which each qualified person is responsible will be 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 included in this news release for the deposit at the Project 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.

View original content to download multimedia: http://www.newswire.ca/en/releases/archive/February2026/02/c8978.html

%CIK: 0001340677

CO: Silvercorp Metals Inc.

CNW 19:01e 02-FEB-26

FAQ

What did Silvercorp Metals Inc. (SVM) announce in this 6-K filing?

Silvercorp announced it has filed a Preliminary Economic Assessment for the Condor gold project in Ecuador. The independent technical report provides an NI 43-101 compliant assessment and is now accessible on the company’s website, SEDAR+, and the SEC’s EDGAR system.

What is the Condor gold project mentioned by Silvercorp (SVM)?

The Condor gold project is a mineral project in Zamora Chinchipe Province, Ecuador. Silvercorp filed an independent technical report titled "Independent Technical Report for the Condor Gold Project" to outline its Preliminary Economic Assessment in compliance with NI 43-101 standards.

Who prepared Silvercorp’s Preliminary Economic Assessment for the Condor project?

The Preliminary Economic Assessment for the Condor gold project was prepared by SRK Consulting (Canada) Inc. Several qualified persons from SRK, Tetra Tech Canada Inc., and Metallurgical Services contributed specialized geological, mining, processing, geotechnical, and environmental expertise to the technical report.

Under which standards was the Condor gold project Technical Report prepared?

The Technical Report for the Condor gold project was prepared under Canadian National Instrument 43-101 standards. These rules govern mineral project disclosure, ensuring consistent, qualified reporting of resources, assumptions, and methodologies for investors reviewing mining and exploration projects.

Where can investors access Silvercorp’s Condor project Technical Report?

Investors can access the Condor project Technical Report on Silvercorp’s website, on SEDAR+ under the company’s profile, and on the SEC’s EDGAR system. These platforms provide the full NI 43-101 compliant document for detailed technical and project information.

How does Silvercorp (SVM) describe its overall business strategy?

Silvercorp describes its strategy as creating shareholder value by generating free cash flow from long-life mines, pursuing organic growth through extensive drilling, engaging in ongoing mergers and acquisitions to unlock value, and maintaining a long-term commitment to responsible mining and ESG principles.