Silvercorp Metals Inc. Updated Resource Estimate for Condor Project FAQ
Summary
What is the significance of the updated mineral resource estimate for the Condor Project?
The updated mineral resource estimate highlights the high-grade underground potential of the Condor Project, with significant indicated and inferred resources, marking a step towards repositioning it as a high-grade underground gold project.
How much indicated and inferred underground mineral resources does the Condor Project have?
The Condor Project has total indicated underground mineral resources of 3.17 million tonnes containing 0.37 million gold equivalent ounces and inferred resources of 12.1 million tonnes containing 1.50 million gold equivalent ounces at a cutoff grade of 2.2 g/t AuEq.
What is the cutoff grade for the mineral resources at the Condor Project?
The cutoff grade for the mineral resources at the Condor Project is 2.2 g/t gold equivalent (AuEq).
When is the Preliminary Economic Assessment for the underground operation expected?
The Preliminary Economic Assessment for the underground operation is expected by year-end 2025.
What is the status of the El Domo Project?
The El Domo Project development is on track with a detailed cost breakdown and construction timeline targeting production in 2026.
Who prepared the updated mineral resource estimate for the Condor Project?
The updated mineral resource estimate was prepared by SRK Consulting (Canada) Inc., in accordance with National Instrument 43-101 standards.
Where is the Condor Project located?
The Condor Project is located in Ecuador’s Zamora-Chinchipe Province.
How can I find more information about Silvercorp Metals Inc. and its projects?
For more information, visit the company’s website at www.silvercorpmetals.com/welcome.
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