Silvercorp Metals reported production and sales results for the third quarter ended December 31, 2025, delivering record revenue of approximately $126.1 million. This represents a 51% increase year over year, highlighting significant growth for the Canadian mining company. Silver production totaled 1.9 million ounces during the quarter, while silver equivalent production reached 2.0 million ounces.
The company also produced 16.4 million pounds of lead and 7.0 million pounds of zinc in the third quarter. At the Ying Mining District, Silvercorp stockpiled 61,105 tonnes of ore for processing during the Chinese New Year period. This strategic stockpiling helps maintain operational continuity during seasonal disruptions.
Exploration activities advanced significantly across multiple sites. The company completed more than 89,000 meters of drilling and over 22,000 meters of exploration tunneling across the Ying Mining District and GC Mine. This extensive exploration work supports the company's organic growth strategy through discovery and resource expansion.
Construction continued at the Kuanping mine, where 3,297 meters of ramp development were completed. The company expects to release its unaudited Q3 Fiscal 2026 interim financial results on Monday, February 9, 2026, after market close. To view the full press release, visit https://ibn.fm/LDgCa.
Silvercorp's performance demonstrates the strength of its operational model and the growing demand for precious and base metals. The record revenue achievement during a single quarter indicates improved operational efficiency and potentially favorable market conditions for silver, lead, and zinc. The 51% year-over-year revenue growth significantly outpaces typical mining sector performance, suggesting either increased production volumes, improved commodity prices, or both.
The company's extensive exploration activities, with over 89,000 meters of drilling, represent a substantial investment in future production capacity. This level of exploration spending indicates confidence in the geological potential of Silvercorp's properties and a commitment to long-term resource development. The exploration tunneling work, particularly the 22,000 meters completed, suggests preparation for future underground mining operations.
The strategic ore stockpiling at the Ying Mining District demonstrates operational planning for seasonal factors that affect mining in China. By preparing for the Chinese New Year period, Silvercorp minimizes production disruptions and maintains consistent operations. The continued development at Kuanping mine, with 3,297 meters of ramp development completed, indicates progress toward bringing additional production capacity online.
For investors and industry observers, these results provide insight into Silvercorp's operational capabilities and growth trajectory. The company's performance may influence investor sentiment toward mid-tier mining companies and provide indicators about precious metals market conditions. The forward-looking statements in the company's release are subject to various risks and uncertainties, as detailed in their SEC filings available at http://IBN.fm/Disclaimer.
