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Silvercorp Announces the Construction Plan and Schedule for the Development of the Chaarat ZAAV Project

Newswire.ca - Mon Jun 22, 6:00AM CDT

Trading Symbol: TSX/NYSE American: SVM

VANCOUVER, BC, June 22, 2026 /CNW/ - Silvercorp Metals Inc. ("Silvercorp" or the "Company") (TSX: SVM) (NYSE American: SVM), is pleased to announce a budget US$196.3 million for Chaarat ZAAV CJSC ("ZAAV") which includes the development of Tulkubash (Phase 1) and initial expenditures to advance Kyzyltash (Phase 2). The forecast spending for 2026 is US$57 million and the forecast spending for 2027 is US$139 million.

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