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Silvercorp Announces Main Zone Drill Results, Including 1.68 g/t Gold over 212.5 Metres, at the Kyzyltash Sulfide Gold Project, Kyrgyzstan

SVM
  • Silvercorp Metals Inc. announced the first batch of drill results from its fully-permitted Tulkubash/Kyzyltash gold projects in Kyrgyzstan, part of a 50,000 to 60,000-meter drilling program.
  • The initial results cover 29 diamond drill holes along the Main Zone (MZ) strike, spanning a 3,640-meter mineralized range from Line 1480 to Line 5120.
  • Drill hole DH26M687 is the most significant discovery, intercepting two new parallel structures (3-4) in addition to known structures, with a combined interval of 212.5 meters at 1.68 g/t gold.
  • Drill hole DH26M686 intercepted six structures, including a high-grade interval of 6.0 meters at 22.23 g/t gold.
  • Drill hole DH26M818, a step-out hole, intercepted three parallel structures with a combined interval of 47.0 meters at 3.95 g/t gold, including a 4.5-meter interval at 13.65 g/t gold.
  • Additional step-out holes such as DH26M703 (4.5 meters at 18.77 g/t gold) and DH26M705 (4.5 meters at 12.16 g/t gold) confirmed high-grade mineralization at the northeastern end of the zone.
  • The Company has shifted its drilling strategy since July 2026 from step-out to mostly in-fill drilling to convert inferred resources into measured and indicated categories for a Pre-feasibility study.
  • Ten rigs are currently active drilling the east/west extension of the MZ, while six rigs are drilling the Contact Zone (CZ), where assay results are pending.
  • The Kyzyltash Sulfide Gold Project is a mesozonal orogenic system hosted in subvertical shear zones controlled by the Sandalash Fault Zone within a 7-square-kilometer mining license.
  • Previous mineral resource estimates as of October 15, 2025, reported 3.94 million ounces of gold in the Measured and Indicated categories and 1.58 million ounces in the Inferred category.
  • Quality Assurance and Quality Control protocols involve independent laboratory analysis by Stewart Assay and Environmental Laboratories LLC (SAEL) using fire assay for gold and ICP-AES for 36 elements.