# Silvercorp reports a Mineral Reserve increase of 50% in tonnes and 20% in silver ounces for the Ying Mining District

Canonical Atlas analysis: https://atlas-extractions.minestarters.com/news/silvercorp-reports-a-mineral-reserve-increase-of-50-in-tonnes-and-20-in-silver-o--435d05fb-84b9-4dd1-8aab-3f3bc6747001

Original source: https://money.tmx.com/en/quote/SVM/news/7095407042054284/silvercorp-reports-a-mineral-reserve-increase-of-50-in-tonnes-and-20-in-silver-o

Publisher: tmx

Original announcement: 2026-06-12T12:00:00.000Z

Analysis by Minestarters Atlas

Atlas analysis published: Unknown date

Atlas analysis updated: Unknown date

- Company: Silvercorp Metals Inc.

- Ticker: SVM

- Exchange: TSX

- Region: Henan Province, People's Republic of China

- Primary commodity: Silver

- Secondary commodities: Lead, Zinc, Gold, Copper

- Document categories: Resource update

- Extracted: 2026-09-13 02:40:42 UTC

Narrative sentiment: 0.70 · Bullish

## Minestarters Atlas summary

Silvercorp has announced an updated Technical Report for its Ying Mining District, reporting a 50% increase in Mineral Reserve tonnes and a 20% increase in contained silver ounces. Measured and Indicated Resources also saw a 90% increase in tonnes and significant growth in contained metal. The update extends the mine life to 17 years with positive economic projections, though reserve grades for silver, lead, and zinc have decreased.

Reasoning: Silvercorp reports a substantial increase in Mineral Reserves and Measured & Indicated Resources, extending the mine life and improving contained metal, which is highly positive. However, the grade dilution in reserves and the use of lower cut-off grades due to higher metal prices introduce some caution.

- Positive factor: Significant increase in total Mineral Reserve tonnes \(+50%\) and contained silver ounces \(+20%\) for the Ying Mining District.

- Positive factor: Measured and Indicated Resource tonnes increased by 90%, with substantial growth in contained metal across all commodities.

- Positive factor: The estimate is NI 43-101 compliant and signed off by multiple independent Qualified Persons, indicating high confidence.

- Positive factor: The project demonstrates a long life of mine \(17 years\) with potential for extension and positive economic projections \(NPV of $1,030M post-tax\).

- Negative factor: Reserve grades for silver, lead, and zinc have decreased by 20%, 23%, and 17% respectively, indicating grade dilution.

- Negative factor: Lower cut-off grades were applied due to higher silver prices, which may contribute to tonnage growth but dilute overall grade.

- Negative factor: Inferred Resource grades for silver, gold, and lead have decreased, and contained gold and silver in the Inferred category also declined.

Low confidence — this extraction should be reviewed alongside the original source.

Facts used in scoring: 106

## Classification and evidence

**Tonnage Growth**

Polarity: positive

Definition: Tonnage increase reaching the strong tier vs prior estimate, with grade maintained or improved.

Why it applies: Total Proven and Probable Mineral Reserve tonnes increased by 50% compared to the prior estimate.

Evidence · text

> 50% increase in total \(Proven + Probable\) Ying Mineral Reserve tonnes

**Contained Metal Growth**

Polarity: positive

Definition: True scale improvement — contained metal ounces/tonnes increased vs prior, accounting for both tonnage and grade changes.

Why it applies: Contained silver, gold, lead, and zinc metal in Mineral Reserves increased by 20%, 52%, 16%, and 22% respectively.

Evidence · text

> Increase in Ag, Au, Pb, and Zn metal content of 20%, 52%, 16%, and 22%, respectively.

**QP/CP Signed**

Polarity: positive

Definition: Qualified Person \(QP\) or Competent Person \(CP\) named and signed off — a member of a recognized professional association \(e.g., AusIMM, SME, AIG, P.Geo\) with relevant experience.

Why it applies: The Technical Report was prepared by eleven independent Qualified Persons \(QPs\) who have reviewed and consented to the press release.

Evidence · text

> The eleven authors of the Technical Report are independent Qualified Persons \(QPs\).

**NI 43-101 Compliant**

Polarity: positive

Definition: Resource estimate prepared in compliance with NI 43-101 \(Canada\) — high reporting standard.

Why it applies: The Technical Report was prepared in accordance with National Instrument 43‑101 Standards of Disclosure for Mineral Projects.

Evidence · text

> prepared in accordance with National Instrument 43‑101 Standards of Disclosure for Mineral Projects

**Grade Decline**

Polarity: negative

Definition: Average grade fell below the red-flag bound vs prior estimate — deposit economics worsening. May indicate high-grading in early drilling.

Why it applies: Ying Mineral Reserve grades show reductions of 20% for Ag, 23% for Pb, and 17% for Zn compared to the prior estimate.

Evidence · text

> reductions of 20%, 23%, and 17% in Ag, Pb, and Zn grades, respectively.

**Cut-off Lowered**

Polarity: negative

Definition: Cut-off grade reduced beyond the suspicious bound vs prior estimate — tonnage growth may be artificial inflation.

Why it applies: Lower cut-off grades were applied in the updated estimate due to a higher silver price used.

Evidence · text

> Lower cut-off grades were applied due to a higher silver price used \($28/oz in 2026 vs $21/oz in 2024\).

**Resource Update**

Polarity: neutral

Definition: Revised estimate for an existing resource — compare to prior to assess progress.

Why it applies: The document reports the results of an updated Technical Report for the Ying Mining District.

Evidence · text

> results of an updated Technical Report

**PFS-Supporting**

Polarity: neutral

Definition: Resource estimate prepared to support a Pre-Feasibility Study — requires adequate M&I component.

Why it applies: The Technical Report includes a life of mine \(LOM\) production profile and economic analysis with NPV projections, indicating a pre-feasibility or feasibility level study.

Evidence · text

> Using the LOM production profile based on the 31 December 2025 Mineral Reserves, with long-term \[2\] metal prices of $28/oz Ag, $2,800/oz Au, $0.90/lb Pb, $1.20/lb Zn, and $4.40/lb Cu, and a 5% discount rate, pre-tax and post-tax NPVs of $1,275M and $1,030M, respectively, are projected

## Extracted facts

Stored fact records: 106. Some facts used in scoring do not have a stored record.

## Resource Estimates (106)

### measured

[Link to this fact](https://atlas-extractions.minestarters.com/news/silvercorp-reports-a-mineral-reserve-increase-of-50-in-tonnes-and-20-in-silver-o--435d05fb-84b9-4dd1-8aab-3f3bc6747001#fact-resource-facts-0)

Ying Mining District · silver

#### Identity

- Project: Ying Mining District
- Commodity: silver
- Region: china
- Reported Region: Henan Province, People's Republic of China
- Ticker: SVM

#### Resource scope

- Estimate type: resource
- Effective date: 2025-12-31T00:00:00.000Z
- Reporting standards: ni\_43\_101
- QP Signed: Yes
- Qualified person names: HA Smith, GK Vartell, S Robinson, RC Stewart, JE Glanvill, A Wilkins, B Nielsen, M Kent, R Carlson, RJ Chesher, D Claffey
- Resource group id: resource:2c808ceeeb3591ea03cc
- Deposit or zone: All
- Mining method: underground

#### Resource Data

- Category: measured
- Tonnes: 20940000
- Grade: 164
- Grade Unit: g/t
- Contained Metal: 110.24
- Contained Unit: moz
- Cutoff Grade: 75
- Cutoff Unit: g/t AgEq

#### Prior Estimate

- Resource Date: 2025-12-31

#### Metal Equivalent

- Assumptions Disclosed: Yes

#### Review

- Needs Review: No
- Historical: No

#### Dates

- Event date: 2026-06-12T00:00:00.000Z

Reasoning: Measured resource for silver is substantial and high confidence, contributing significantly to the overall project.

- Positive factor: High confidence Measured category.

- Positive factor: Significant contained silver metal.

- Positive factor: NI 43-101 compliant and QP signed.

Evidence · table

> 164

Context: 20.94

#### Tags used in scoring

**Measured Resource**

Polarity: positive

Definition: Highest confidence category — tonnage, grade, shape well-established from closely-spaced drilling. Basis for Proven Reserves.

Why it applies: category is "measured"

**Cut-off Disclosed**

Polarity: positive

Definition: Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.

Why it applies: cutoff\_grade is stated

**QP/CP Signed**

Polarity: positive

Definition: Qualified Person \(QP\) or Competent Person \(CP\) named and signed off — a member of a recognized professional association \(e.g., AusIMM, SME, AIG, P.Geo\) with relevant experience.

Why it applies: qp\_signed is true

**NI 43-101 Compliant**

Polarity: positive

Definition: Resource estimate prepared in compliance with NI 43-101 \(Canada\) — high reporting standard.

Why it applies: reporting\_standards includes ni\_43\_101

### measured

[Link to this fact](https://atlas-extractions.minestarters.com/news/silvercorp-reports-a-mineral-reserve-increase-of-50-in-tonnes-and-20-in-silver-o--435d05fb-84b9-4dd1-8aab-3f3bc6747001#fact-resource-facts-1)

Ying Mining District · lead

#### Identity

- Project: Ying Mining District
- Commodity: lead
- Region: china
- Reported Region: Henan Province, People's Republic of China
- Ticker: SVM

#### Resource scope

- Estimate type: resource
- Effective date: 2025-12-31T00:00:00.000Z
- Reporting standards: ni\_43\_101
- QP Signed: Yes
- Qualified person names: HA Smith, GK Vartell, S Robinson, RC Stewart, JE Glanvill, A Wilkins, B Nielsen, M Kent, R Carlson, RJ Chesher, D Claffey
- Resource group id: resource:2c808ceeeb3591ea03cc
- Deposit or zone: All
- Mining method: underground

#### Resource Data

- Category: measured
- Tonnes: 20940000
- Grade: 2.62
- Grade Unit: %
- Contained Metal: 547.72
- Contained Unit: kt
- Cutoff Grade: 75
- Cutoff Unit: g/t AgEq

#### Prior Estimate

- Resource Date: 2025-12-31

#### Metal Equivalent

- Assumptions Disclosed: Yes

#### Review

- Needs Review: No
- Historical: No

#### Dates

- Event date: 2026-06-12T00:00:00.000Z

Reasoning: Measured resource for lead is substantial and high confidence, contributing to the polymetallic nature of the project.

- Positive factor: High confidence Measured category.

- Positive factor: Significant contained lead metal.

- Positive factor: NI 43-101 compliant and QP signed.

Evidence · table

> 2.62

Context: 20.94

#### Tags used in scoring

**Measured Resource**

Polarity: positive

Definition: Highest confidence category — tonnage, grade, shape well-established from closely-spaced drilling. Basis for Proven Reserves.

Why it applies: category is "measured"

**Cut-off Disclosed**

Polarity: positive

Definition: Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.

Why it applies: cutoff\_grade is stated

**QP/CP Signed**

Polarity: positive

Definition: Qualified Person \(QP\) or Competent Person \(CP\) named and signed off — a member of a recognized professional association \(e.g., AusIMM, SME, AIG, P.Geo\) with relevant experience.

Why it applies: qp\_signed is true

**NI 43-101 Compliant**

Polarity: positive

Definition: Resource estimate prepared in compliance with NI 43-101 \(Canada\) — high reporting standard.

Why it applies: reporting\_standards includes ni\_43\_101

### measured

[Link to this fact](https://atlas-extractions.minestarters.com/news/silvercorp-reports-a-mineral-reserve-increase-of-50-in-tonnes-and-20-in-silver-o--435d05fb-84b9-4dd1-8aab-3f3bc6747001#fact-resource-facts-2)

Ying Mining District · zinc

#### Identity

- Project: Ying Mining District
- Commodity: zinc
- Region: china
- Reported Region: Henan Province, People's Republic of China
- Ticker: SVM

#### Resource scope

- Estimate type: resource
- Effective date: 2025-12-31T00:00:00.000Z
- Reporting standards: ni\_43\_101
- QP Signed: Yes
- Qualified person names: HA Smith, GK Vartell, S Robinson, RC Stewart, JE Glanvill, A Wilkins, B Nielsen, M Kent, R Carlson, RJ Chesher, D Claffey
- Resource group id: resource:2c808ceeeb3591ea03cc
- Deposit or zone: All
- Mining method: underground

#### Resource Data

- Category: measured
- Tonnes: 20940000
- Grade: 0.78
- Grade Unit: %
- Contained Metal: 162.45
- Contained Unit: kt
- Cutoff Grade: 75
- Cutoff Unit: g/t AgEq

#### Prior Estimate

- Resource Date: 2025-12-31

#### Metal Equivalent

- Assumptions Disclosed: Yes

#### Review

- Needs Review: No
- Historical: No

#### Dates

- Event date: 2026-06-12T00:00:00.000Z

Reasoning: Measured resource for zinc adds to the polymetallic nature of the project, though grade is relatively weak.

- Positive factor: High confidence Measured category.

- Positive factor: Contributes to polymetallic resource.

- Positive factor: NI 43-101 compliant and QP signed.

Evidence · table

> 0.78

Context: 20.94

#### Tags used in scoring

**Measured Resource**

Polarity: positive

Definition: Highest confidence category — tonnage, grade, shape well-established from closely-spaced drilling. Basis for Proven Reserves.

Why it applies: category is "measured"

**Cut-off Disclosed**

Polarity: positive

Definition: Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.

Why it applies: cutoff\_grade is stated

**QP/CP Signed**

Polarity: positive

Definition: Qualified Person \(QP\) or Competent Person \(CP\) named and signed off — a member of a recognized professional association \(e.g., AusIMM, SME, AIG, P.Geo\) with relevant experience.

Why it applies: qp\_signed is true

**NI 43-101 Compliant**

Polarity: positive

Definition: Resource estimate prepared in compliance with NI 43-101 \(Canada\) — high reporting standard.

Why it applies: reporting\_standards includes ni\_43\_101

### measured

[Link to this fact](https://atlas-extractions.minestarters.com/news/silvercorp-reports-a-mineral-reserve-increase-of-50-in-tonnes-and-20-in-silver-o--435d05fb-84b9-4dd1-8aab-3f3bc6747001#fact-resource-facts-3)

Ying Mining District · gold

#### Identity

- Project: Ying Mining District
- Commodity: gold
- Region: china
- Reported Region: Henan Province, People's Republic of China
- Ticker: SVM

#### Resource scope

- Estimate type: resource
- Effective date: 2025-12-31T00:00:00.000Z
- Reporting standards: ni\_43\_101
- QP Signed: Yes
- Qualified person names: HA Smith, GK Vartell, S Robinson, RC Stewart, JE Glanvill, A Wilkins, B Nielsen, M Kent, R Carlson, RJ Chesher, D Claffey
- Resource group id: resource:2c808ceeeb3591ea03cc
- Deposit or zone: All
- Mining method: underground

#### Resource Data

- Category: measured
- Tonnes: 20940000
- Grade: 0.15
- Grade Unit: g/t
- Contained Metal: 98.86
- Contained Unit: koz
- Cutoff Grade: 75
- Cutoff Unit: g/t AgEq

#### Prior Estimate

- Resource Date: 2025-12-31

#### Metal Equivalent

- Assumptions Disclosed: Yes

#### Review

- Needs Review: No
- Historical: No

#### Dates

- Event date: 2026-06-12T00:00:00.000Z

Reasoning: Measured resource for gold is present but at a relatively low grade, making it a minor contributor to the overall resource.

- Positive factor: High confidence Measured category.

- Positive factor: Contributes to polymetallic resource.

- Positive factor: NI 43-101 compliant and QP signed.

Evidence · table

> 0.15

Context: 20.94

#### Tags used in scoring

**Measured Resource**

Polarity: positive

Definition: Highest confidence category — tonnage, grade, shape well-established from closely-spaced drilling. Basis for Proven Reserves.

Why it applies: category is "measured"

**Cut-off Disclosed**

Polarity: positive

Definition: Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.

Why it applies: cutoff\_grade is stated

**QP/CP Signed**

Polarity: positive

Definition: Qualified Person \(QP\) or Competent Person \(CP\) named and signed off — a member of a recognized professional association \(e.g., AusIMM, SME, AIG, P.Geo\) with relevant experience.

Why it applies: qp\_signed is true

**NI 43-101 Compliant**

Polarity: positive

Definition: Resource estimate prepared in compliance with NI 43-101 \(Canada\) — high reporting standard.

Why it applies: reporting\_standards includes ni\_43\_101

### measured

[Link to this fact](https://atlas-extractions.minestarters.com/news/silvercorp-reports-a-mineral-reserve-increase-of-50-in-tonnes-and-20-in-silver-o--435d05fb-84b9-4dd1-8aab-3f3bc6747001#fact-resource-facts-4)

Ying Mining District · copper

#### Identity

- Project: Ying Mining District
- Commodity: copper
- Region: china
- Reported Region: Henan Province, People's Republic of China
- Ticker: SVM

#### Resource scope

- Estimate type: resource
- Effective date: 2025-12-31T00:00:00.000Z
- Reporting standards: ni\_43\_101
- QP Signed: Yes
- Qualified person names: HA Smith, GK Vartell, S Robinson, RC Stewart, JE Glanvill, A Wilkins, B Nielsen, M Kent, R Carlson, RJ Chesher, D Claffey
- Resource group id: resource:2c808ceeeb3591ea03cc
- Deposit or zone: All
- Mining method: underground

#### Resource Data

- Category: measured
- Tonnes: 20940000
- Grade: 0.06
- Grade Unit: %
- Contained Metal: 13.41
- Contained Unit: kt
- Cutoff Grade: 75
- Cutoff Unit: g/t AgEq

#### Prior Estimate

- Resource Date: 2025-12-31

#### Metal Equivalent

- Assumptions Disclosed: Yes

#### Review

- Needs Review: No
- Historical: No

#### Dates

- Event date: 2026-06-12T00:00:00.000Z

Reasoning: Measured resource for copper is present but at a very low grade, making it a minor byproduct.

- Positive factor: High confidence Measured category.

- Positive factor: Contributes to polymetallic resource.

- Positive factor: NI 43-101 compliant and QP signed.

Evidence · table

> 0.06

Context: 20.94

#### Tags used in scoring

**Measured Resource**

Polarity: positive

Definition: Highest confidence category — tonnage, grade, shape well-established from closely-spaced drilling. Basis for Proven Reserves.

Why it applies: category is "measured"

**Cut-off Disclosed**

Polarity: positive

Definition: Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.

Why it applies: cutoff\_grade is stated

**QP/CP Signed**

Polarity: positive

Definition: Qualified Person \(QP\) or Competent Person \(CP\) named and signed off — a member of a recognized professional association \(e.g., AusIMM, SME, AIG, P.Geo\) with relevant experience.

Why it applies: qp\_signed is true

**NI 43-101 Compliant**

Polarity: positive

Definition: Resource estimate prepared in compliance with NI 43-101 \(Canada\) — high reporting standard.

Why it applies: reporting\_standards includes ni\_43\_101

### indicated

[Link to this fact](https://atlas-extractions.minestarters.com/news/silvercorp-reports-a-mineral-reserve-increase-of-50-in-tonnes-and-20-in-silver-o--435d05fb-84b9-4dd1-8aab-3f3bc6747001#fact-resource-facts-5)

Ying Mining District · silver

#### Identity

- Project: Ying Mining District
- Commodity: silver
- Region: china
- Reported Region: Henan Province, People's Republic of China
- Ticker: SVM

#### Resource scope

- Estimate type: resource
- Effective date: 2025-12-31T00:00:00.000Z
- Reporting standards: ni\_43\_101
- QP Signed: Yes
- Qualified person names: HA Smith, GK Vartell, S Robinson, RC Stewart, JE Glanvill, A Wilkins, B Nielsen, M Kent, R Carlson, RJ Chesher, D Claffey
- Resource group id: resource:50e34e11571a63ef4fac
- Deposit or zone: All
- Mining method: underground

#### Resource Data

- Category: indicated
- Tonnes: 21240000
- Grade: 128
- Grade Unit: g/t
- Contained Metal: 87.39
- Contained Unit: moz
- Cutoff Grade: 75
- Cutoff Unit: g/t AgEq

#### Prior Estimate

- Resource Date: 2025-12-31
- Prior Tonnes: 22200000
- Prior Grade: 202.78
- Prior Contained Metal: 144.26

#### Metal Equivalent

- Assumptions Disclosed: Yes

#### Review

- Needs Review: No
- Historical: No

#### Dates

- Event date: 2026-06-12T00:00:00.000Z

Reasoning: Indicated resource for silver is substantial, but the significant decrease in grade and contained metal compared to the prior estimate is a concern, despite overall tonnage growth.

- Positive factor: Significant contained silver metal.

- Positive factor: NI 43-101 compliant and QP signed.

- Negative factor: Indicated grades for silver decreased by 28% compared to the prior estimate.

- Negative factor: Contained silver in the indicated category decreased compared to prior estimate.

Evidence · table

> 128

Context: 21.24

#### Tags used in scoring

**Indicated Resource**

Polarity: positive

Definition: Reasonable geological confidence based on adequate drilling; continuity can be assumed. Basis for Probable Reserves.

Why it applies: category is "indicated"

**Cut-off Disclosed**

Polarity: positive

Definition: Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.

Why it applies: cutoff\_grade is stated

**QP/CP Signed**

Polarity: positive

Definition: Qualified Person \(QP\) or Competent Person \(CP\) named and signed off — a member of a recognized professional association \(e.g., AusIMM, SME, AIG, P.Geo\) with relevant experience.

Why it applies: qp\_signed is true

**NI 43-101 Compliant**

Polarity: positive

Definition: Resource estimate prepared in compliance with NI 43-101 \(Canada\) — high reporting standard.

Why it applies: reporting\_standards includes ni\_43\_101

**Tonnage Decline**

Polarity: negative

Definition: Resource tonnage decreased vs prior estimate — pit optimization removed marginal material or geological model revised down.

Why it applies: 21240000 against 22200000 previously

**Grade Decline**

Polarity: negative

Definition: Average grade fell below the red-flag bound vs prior estimate — deposit economics worsening. May indicate high-grading in early drilling.

Why it applies: 128 against 202.78 previously

**Contained Metal Decline**

Polarity: negative

Definition: Contained metal decreased vs prior despite tonnage growth — grade dilution exceeds volume gain.

Why it applies: 87.39 against 144.26 previously

### indicated

[Link to this fact](https://atlas-extractions.minestarters.com/news/silvercorp-reports-a-mineral-reserve-increase-of-50-in-tonnes-and-20-in-silver-o--435d05fb-84b9-4dd1-8aab-3f3bc6747001#fact-resource-facts-6)

Ying Mining District · lead

#### Identity

- Project: Ying Mining District
- Commodity: lead
- Region: china
- Reported Region: Henan Province, People's Republic of China
- Ticker: SVM

#### Resource scope

- Estimate type: resource
- Effective date: 2025-12-31T00:00:00.000Z
- Reporting standards: ni\_43\_101
- QP Signed: Yes
- Qualified person names: HA Smith, GK Vartell, S Robinson, RC Stewart, JE Glanvill, A Wilkins, B Nielsen, M Kent, R Carlson, RJ Chesher, D Claffey
- Resource group id: resource:50e34e11571a63ef4fac
- Deposit or zone: All
- Mining method: underground

#### Resource Data

- Category: indicated
- Tonnes: 21240000
- Grade: 1.87
- Grade Unit: %
- Contained Metal: 396.11
- Contained Unit: kt
- Cutoff Grade: 75
- Cutoff Unit: g/t AgEq

#### Prior Estimate

- Resource Date: 2025-12-31
- Prior Tonnes: 22200000
- Prior Grade: 3.06
- Prior Contained Metal: 679.02

#### Metal Equivalent

- Assumptions Disclosed: Yes

#### Review

- Needs Review: No
- Historical: No

#### Dates

- Event date: 2026-06-12T00:00:00.000Z

Reasoning: Indicated resource for lead adds to the polymetallic nature of the project, but the significant decrease in grade and contained metal compared to the prior estimate is a concern.

- Positive factor: Contributes to polymetallic resource.

- Positive factor: NI 43-101 compliant and QP signed.

- Negative factor: Indicated grades for lead decreased by 27% compared to the prior estimate.

- Negative factor: Contained lead in the indicated category decreased compared to prior estimate.

Evidence · table

> 1.87

Context: 21.24

#### Tags used in scoring

**Indicated Resource**

Polarity: positive

Definition: Reasonable geological confidence based on adequate drilling; continuity can be assumed. Basis for Probable Reserves.

Why it applies: category is "indicated"

**Cut-off Disclosed**

Polarity: positive

Definition: Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.

Why it applies: cutoff\_grade is stated

**QP/CP Signed**

Polarity: positive

Definition: Qualified Person \(QP\) or Competent Person \(CP\) named and signed off — a member of a recognized professional association \(e.g., AusIMM, SME, AIG, P.Geo\) with relevant experience.

Why it applies: qp\_signed is true

**NI 43-101 Compliant**

Polarity: positive

Definition: Resource estimate prepared in compliance with NI 43-101 \(Canada\) — high reporting standard.

Why it applies: reporting\_standards includes ni\_43\_101

**Tonnage Decline**

Polarity: negative

Definition: Resource tonnage decreased vs prior estimate — pit optimization removed marginal material or geological model revised down.

Why it applies: 21240000 against 22200000 previously

**Grade Decline**

Polarity: negative

Definition: Average grade fell below the red-flag bound vs prior estimate — deposit economics worsening. May indicate high-grading in early drilling.

Why it applies: 1.87 against 3.06 previously

**Contained Metal Decline**

Polarity: negative

Definition: Contained metal decreased vs prior despite tonnage growth — grade dilution exceeds volume gain.

Why it applies: 396.11 against 679.02 previously

### indicated

[Link to this fact](https://atlas-extractions.minestarters.com/news/silvercorp-reports-a-mineral-reserve-increase-of-50-in-tonnes-and-20-in-silver-o--435d05fb-84b9-4dd1-8aab-3f3bc6747001#fact-resource-facts-7)

Ying Mining District · zinc

#### Identity

- Project: Ying Mining District
- Commodity: zinc
- Region: china
- Reported Region: Henan Province, People's Republic of China
- Ticker: SVM

#### Resource scope

- Estimate type: resource
- Effective date: 2025-12-31T00:00:00.000Z
- Reporting standards: ni\_43\_101
- QP Signed: Yes
- Qualified person names: HA Smith, GK Vartell, S Robinson, RC Stewart, JE Glanvill, A Wilkins, B Nielsen, M Kent, R Carlson, RJ Chesher, D Claffey
- Resource group id: resource:50e34e11571a63ef4fac
- Deposit or zone: All
- Mining method: underground

#### Resource Data

- Category: indicated
- Tonnes: 21240000
- Grade: 0.57
- Grade Unit: %
- Contained Metal: 121.77
- Contained Unit: kt
- Cutoff Grade: 75
- Cutoff Unit: g/t AgEq

#### Prior Estimate

- Resource Date: 2025-12-31
- Prior Tonnes: 22200000
- Prior Grade: 0.86
- Prior Contained Metal: 192.04

#### Metal Equivalent

- Assumptions Disclosed: Yes

#### Review

- Needs Review: No
- Historical: No

#### Dates

- Event date: 2026-06-12T00:00:00.000Z

Reasoning: Indicated resource for zinc adds to the polymetallic nature of the project, but the significant decrease in grade and contained metal compared to the prior estimate is a concern.

- Positive factor: Contributes to polymetallic resource.

- Positive factor: NI 43-101 compliant and QP signed.

- Negative factor: Indicated grades for zinc decreased by 22% compared to the prior estimate.

- Negative factor: Contained zinc in the indicated category decreased compared to prior estimate.

Evidence · table

> 0.57

Context: 21.24

#### Tags used in scoring

**Indicated Resource**

Polarity: positive

Definition: Reasonable geological confidence based on adequate drilling; continuity can be assumed. Basis for Probable Reserves.

Why it applies: category is "indicated"

**Cut-off Disclosed**

Polarity: positive

Definition: Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.

Why it applies: cutoff\_grade is stated

**QP/CP Signed**

Polarity: positive

Definition: Qualified Person \(QP\) or Competent Person \(CP\) named and signed off — a member of a recognized professional association \(e.g., AusIMM, SME, AIG, P.Geo\) with relevant experience.

Why it applies: qp\_signed is true

**NI 43-101 Compliant**

Polarity: positive

Definition: Resource estimate prepared in compliance with NI 43-101 \(Canada\) — high reporting standard.

Why it applies: reporting\_standards includes ni\_43\_101

**Tonnage Decline**

Polarity: negative

Definition: Resource tonnage decreased vs prior estimate — pit optimization removed marginal material or geological model revised down.

Why it applies: 21240000 against 22200000 previously

**Grade Decline**

Polarity: negative

Definition: Average grade fell below the red-flag bound vs prior estimate — deposit economics worsening. May indicate high-grading in early drilling.

Why it applies: 0.57 against 0.86 previously

**Contained Metal Decline**

Polarity: negative

Definition: Contained metal decreased vs prior despite tonnage growth — grade dilution exceeds volume gain.

Why it applies: 121.77 against 192.04 previously

### indicated

[Link to this fact](https://atlas-extractions.minestarters.com/news/silvercorp-reports-a-mineral-reserve-increase-of-50-in-tonnes-and-20-in-silver-o--435d05fb-84b9-4dd1-8aab-3f3bc6747001#fact-resource-facts-8)

Ying Mining District · gold

#### Identity

- Project: Ying Mining District
- Commodity: gold
- Region: china
- Reported Region: Henan Province, People's Republic of China
- Ticker: SVM

#### Resource scope

- Estimate type: resource
- Effective date: 2025-12-31T00:00:00.000Z
- Reporting standards: ni\_43\_101
- QP Signed: Yes
- Qualified person names: HA Smith, GK Vartell, S Robinson, RC Stewart, JE Glanvill, A Wilkins, B Nielsen, M Kent, R Carlson, RJ Chesher, D Claffey
- Resource group id: resource:50e34e11571a63ef4fac
- Deposit or zone: All
- Mining method: underground

#### Resource Data

- Category: indicated
- Tonnes: 21240000
- Grade: 0.19
- Grade Unit: g/t
- Contained Metal: 131.75
- Contained Unit: koz
- Cutoff Grade: 75
- Cutoff Unit: g/t AgEq

#### Prior Estimate

- Resource Date: 2025-12-31
- Prior Tonnes: 22200000
- Prior Grade: 0.2
- Prior Contained Metal: 142.35

#### Metal Equivalent

- Assumptions Disclosed: Yes

#### Review

- Needs Review: No
- Historical: No

#### Dates

- Event date: 2026-06-12T00:00:00.000Z

Reasoning: Indicated resource for gold is present but at a relatively low grade, and the decrease in grade and contained metal compared to the prior estimate is a negative.

- Positive factor: Contributes to polymetallic resource.

- Positive factor: NI 43-101 compliant and QP signed.

- Negative factor: Indicated grades for gold decreased by 15% compared to the prior estimate.

- Negative factor: Contained gold in the indicated category decreased compared to prior estimate.

Evidence · table

> 0.19

Context: 21.24

#### Tags used in scoring

**Indicated Resource**

Polarity: positive

Definition: Reasonable geological confidence based on adequate drilling; continuity can be assumed. Basis for Probable Reserves.

Why it applies: category is "indicated"

**Cut-off Disclosed**

Polarity: positive

Definition: Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.

Why it applies: cutoff\_grade is stated

**QP/CP Signed**

Polarity: positive

Definition: Qualified Person \(QP\) or Competent Person \(CP\) named and signed off — a member of a recognized professional association \(e.g., AusIMM, SME, AIG, P.Geo\) with relevant experience.

Why it applies: qp\_signed is true

**NI 43-101 Compliant**

Polarity: positive

Definition: Resource estimate prepared in compliance with NI 43-101 \(Canada\) — high reporting standard.

Why it applies: reporting\_standards includes ni\_43\_101

**Tonnage Decline**

Polarity: negative

Definition: Resource tonnage decreased vs prior estimate — pit optimization removed marginal material or geological model revised down.

Why it applies: 21240000 against 22200000 previously

**Grade Decline**

Polarity: negative

Definition: Average grade fell below the red-flag bound vs prior estimate — deposit economics worsening. May indicate high-grading in early drilling.

Why it applies: 0.19 against 0.2 previously

**Contained Metal Decline**

Polarity: negative

Definition: Contained metal decreased vs prior despite tonnage growth — grade dilution exceeds volume gain.

Why it applies: 131.75 against 142.35 previously

### indicated

[Link to this fact](https://atlas-extractions.minestarters.com/news/silvercorp-reports-a-mineral-reserve-increase-of-50-in-tonnes-and-20-in-silver-o--435d05fb-84b9-4dd1-8aab-3f3bc6747001#fact-resource-facts-9)

Ying Mining District · copper

#### Identity

- Project: Ying Mining District
- Commodity: copper
- Region: china
- Reported Region: Henan Province, People's Republic of China
- Ticker: SVM

#### Resource scope

- Estimate type: resource
- Effective date: 2025-12-31T00:00:00.000Z
- Reporting standards: ni\_43\_101
- QP Signed: Yes
- Qualified person names: HA Smith, GK Vartell, S Robinson, RC Stewart, JE Glanvill, A Wilkins, B Nielsen, M Kent, R Carlson, RJ Chesher, D Claffey
- Resource group id: resource:50e34e11571a63ef4fac
- Deposit or zone: All
- Mining method: underground

#### Resource Data

- Category: indicated
- Tonnes: 21240000
- Grade: 0.07
- Grade Unit: %
- Contained Metal: 14.68
- Contained Unit: kt
- Cutoff Grade: 75
- Cutoff Unit: g/t AgEq

#### Prior Estimate

- Resource Date: 2025-12-31

#### Metal Equivalent

- Assumptions Disclosed: Yes

#### Review

- Needs Review: No
- Historical: No

#### Dates

- Event date: 2026-06-12T00:00:00.000Z

Reasoning: Indicated resource for copper is present but at a very low grade, making it a minor byproduct.

- Positive factor: Contributes to polymetallic resource.

- Positive factor: NI 43-101 compliant and QP signed.

Evidence · table

> 0.07

Context: 21.24

#### Tags used in scoring

**Indicated Resource**

Polarity: positive

Definition: Reasonable geological confidence based on adequate drilling; continuity can be assumed. Basis for Probable Reserves.

Why it applies: category is "indicated"

**Cut-off Disclosed**

Polarity: positive

Definition: Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.

Why it applies: cutoff\_grade is stated

**QP/CP Signed**

Polarity: positive

Definition: Qualified Person \(QP\) or Competent Person \(CP\) named and signed off — a member of a recognized professional association \(e.g., AusIMM, SME, AIG, P.Geo\) with relevant experience.

Why it applies: qp\_signed is true

**NI 43-101 Compliant**

Polarity: positive

Definition: Resource estimate prepared in compliance with NI 43-101 \(Canada\) — high reporting standard.

Why it applies: reporting\_standards includes ni\_43\_101

### inferred

[Link to this fact](https://atlas-extractions.minestarters.com/news/silvercorp-reports-a-mineral-reserve-increase-of-50-in-tonnes-and-20-in-silver-o--435d05fb-84b9-4dd1-8aab-3f3bc6747001#fact-resource-facts-10)

Ying Mining District · silver

#### Identity

- Project: Ying Mining District
- Commodity: silver
- Region: china
- Reported Region: Henan Province, People's Republic of China
- Ticker: SVM

#### Resource scope

- Estimate type: resource
- Effective date: 2025-12-31T00:00:00.000Z
- Reporting standards: ni\_43\_101
- QP Signed: Yes
- Qualified person names: HA Smith, GK Vartell, S Robinson, RC Stewart, JE Glanvill, A Wilkins, B Nielsen, M Kent, R Carlson, RJ Chesher, D Claffey
- Resource group id: resource:12d8c1729475f10ccbc2
- Deposit or zone: All
- Mining method: underground

#### Resource Data

- Category: inferred
- Tonnes: 13550000
- Grade: 120
- Grade Unit: g/t
- Contained Metal: 52.26
- Contained Unit: moz
- Cutoff Grade: 75
- Cutoff Unit: g/t AgEq

#### Prior Estimate

- Resource Date: 2025-12-31
- Prior Tonnes: 8800000
- Prior Grade: 186.5
- Prior Contained Metal: 52.79

#### Metal Equivalent

- Assumptions Disclosed: Yes

#### Review

- Needs Review: No
- Historical: No

#### Dates

- Event date: 2026-06-12T00:00:00.000Z

Reasoning: Inferred resource for silver shows significant tonnage growth but a substantial decrease in grade and a slight decrease in contained metal, which is a negative for confidence.

- Positive factor: Significant increase in Inferred tonnes \(+54%\).

- Positive factor: NI 43-101 compliant and QP signed.

- Negative factor: Inferred grades for silver decreased by 42% compared to the prior estimate.

- Negative factor: Contained silver in the inferred category decreased by 1% compared to prior estimate.

Evidence · table

> 120

Context: 13.55

#### Tags used in scoring

**Inferred Resource**

Polarity: negative

Definition: Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone.

Why it applies: category is "inferred"

**Cut-off Disclosed**

Polarity: positive

Definition: Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.

Why it applies: cutoff\_grade is stated

**QP/CP Signed**

Polarity: positive

Definition: Qualified Person \(QP\) or Competent Person \(CP\) named and signed off — a member of a recognized professional association \(e.g., AusIMM, SME, AIG, P.Geo\) with relevant experience.

Why it applies: qp\_signed is true

**NI 43-101 Compliant**

Polarity: positive

Definition: Resource estimate prepared in compliance with NI 43-101 \(Canada\) — high reporting standard.

Why it applies: reporting\_standards includes ni\_43\_101

**Tonnage Growth**

Polarity: positive

Definition: Tonnage increase reaching the strong tier vs prior estimate, with grade maintained or improved.

Why it applies: 13550000 against 8800000 previously

**Grade Decline**

Polarity: negative

Definition: Average grade fell below the red-flag bound vs prior estimate — deposit economics worsening. May indicate high-grading in early drilling.

Why it applies: 120 against 186.5 previously

**Contained Metal Decline**

Polarity: negative

Definition: Contained metal decreased vs prior despite tonnage growth — grade dilution exceeds volume gain.

Why it applies: 52.26 against 52.79 previously

**Dilutive Growth**

Polarity: negative

Definition: Tonnage increased but contained metal flat or down — likely from lower cut-off grade, not geological expansion.

Why it applies: tonnage rose while contained metal went 52.26 from 52.79

### inferred

[Link to this fact](https://atlas-extractions.minestarters.com/news/silvercorp-reports-a-mineral-reserve-increase-of-50-in-tonnes-and-20-in-silver-o--435d05fb-84b9-4dd1-8aab-3f3bc6747001#fact-resource-facts-11)

Ying Mining District · lead

#### Identity

- Project: Ying Mining District
- Commodity: lead
- Region: china
- Reported Region: Henan Province, People's Republic of China
- Ticker: SVM

#### Resource scope

- Estimate type: resource
- Effective date: 2025-12-31T00:00:00.000Z
- Reporting standards: ni\_43\_101
- QP Signed: Yes
- Qualified person names: HA Smith, GK Vartell, S Robinson, RC Stewart, JE Glanvill, A Wilkins, B Nielsen, M Kent, R Carlson, RJ Chesher, D Claffey
- Resource group id: resource:12d8c1729475f10ccbc2
- Deposit or zone: All
- Mining method: underground

#### Resource Data

- Category: inferred
- Tonnes: 13550000
- Grade: 1.84
- Grade Unit: %
- Contained Metal: 248.7
- Contained Unit: kt
- Cutoff Grade: 75
- Cutoff Unit: g/t AgEq

#### Prior Estimate

- Resource Date: 2025-12-31
- Prior Tonnes: 8800000
- Prior Grade: 2.94
- Prior Contained Metal: 259.06

#### Metal Equivalent

- Assumptions Disclosed: Yes

#### Review

- Needs Review: No
- Historical: No

#### Dates

- Event date: 2026-06-12T00:00:00.000Z

Reasoning: Inferred resource for lead shows significant tonnage growth but a decrease in grade and contained metal, which is a negative for confidence.

- Positive factor: Significant increase in Inferred tonnes \(+54%\).

- Positive factor: NI 43-101 compliant and QP signed.

- Negative factor: Inferred grades for lead decreased by 9% compared to the prior estimate.

- Negative factor: Contained lead in the inferred category decreased by 4% compared to prior estimate.

Evidence · table

> 1.84

Context: 13.55

#### Tags used in scoring

**Inferred Resource**

Polarity: negative

Definition: Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone.

Why it applies: category is "inferred"

**Cut-off Disclosed**

Polarity: positive

Definition: Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.

Why it applies: cutoff\_grade is stated

**QP/CP Signed**

Polarity: positive

Definition: Qualified Person \(QP\) or Competent Person \(CP\) named and signed off — a member of a recognized professional association \(e.g., AusIMM, SME, AIG, P.Geo\) with relevant experience.

Why it applies: qp\_signed is true

**NI 43-101 Compliant**

Polarity: positive

Definition: Resource estimate prepared in compliance with NI 43-101 \(Canada\) — high reporting standard.

Why it applies: reporting\_standards includes ni\_43\_101

**Tonnage Growth**

Polarity: positive

Definition: Tonnage increase reaching the strong tier vs prior estimate, with grade maintained or improved.

Why it applies: 13550000 against 8800000 previously

**Grade Decline**

Polarity: negative

Definition: Average grade fell below the red-flag bound vs prior estimate — deposit economics worsening. May indicate high-grading in early drilling.

Why it applies: 1.84 against 2.94 previously

**Contained Metal Decline**

Polarity: negative

Definition: Contained metal decreased vs prior despite tonnage growth — grade dilution exceeds volume gain.

Why it applies: 248.7 against 259.06 previously

**Dilutive Growth**

Polarity: negative

Definition: Tonnage increased but contained metal flat or down — likely from lower cut-off grade, not geological expansion.

Why it applies: tonnage rose while contained metal went 248.7 from 259.06

### inferred

[Link to this fact](https://atlas-extractions.minestarters.com/news/silvercorp-reports-a-mineral-reserve-increase-of-50-in-tonnes-and-20-in-silver-o--435d05fb-84b9-4dd1-8aab-3f3bc6747001#fact-resource-facts-12)

Ying Mining District · zinc

#### Identity

- Project: Ying Mining District
- Commodity: zinc
- Region: china
- Reported Region: Henan Province, People's Republic of China
- Ticker: SVM

#### Resource scope

- Estimate type: resource
- Effective date: 2025-12-31T00:00:00.000Z
- Reporting standards: ni\_43\_101
- QP Signed: Yes
- Qualified person names: HA Smith, GK Vartell, S Robinson, RC Stewart, JE Glanvill, A Wilkins, B Nielsen, M Kent, R Carlson, RJ Chesher, D Claffey
- Resource group id: resource:12d8c1729475f10ccbc2
- Deposit or zone: All
- Mining method: underground

#### Resource Data

- Category: inferred
- Tonnes: 13550000
- Grade: 0.58
- Grade Unit: %
- Contained Metal: 78.38
- Contained Unit: kt
- Cutoff Grade: 75
- Cutoff Unit: g/t AgEq

#### Prior Estimate

- Resource Date: 2025-12-31
- Prior Tonnes: 8800000
- Prior Grade: 0.636
- Prior Contained Metal: 55.99

#### Metal Equivalent

- Assumptions Disclosed: Yes

#### Review

- Needs Review: No
- Historical: No

#### Dates

- Event date: 2026-06-12T00:00:00.000Z

Reasoning: Inferred resource for zinc shows significant tonnage and contained metal growth, which is positive for future potential.

- Positive factor: Significant increase in Inferred tonnes \(+54%\).

- Positive factor: Contained zinc in the inferred category increased by 40% compared to prior estimate.

- Positive factor: NI 43-101 compliant and QP signed.

Evidence · table

> 0.58

Context: 13.55

#### Tags used in scoring

**Inferred Resource**

Polarity: negative

Definition: Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone.

Why it applies: category is "inferred"

**Cut-off Disclosed**

Polarity: positive

Definition: Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.

Why it applies: cutoff\_grade is stated

**QP/CP Signed**

Polarity: positive

Definition: Qualified Person \(QP\) or Competent Person \(CP\) named and signed off — a member of a recognized professional association \(e.g., AusIMM, SME, AIG, P.Geo\) with relevant experience.

Why it applies: qp\_signed is true

**NI 43-101 Compliant**

Polarity: positive

Definition: Resource estimate prepared in compliance with NI 43-101 \(Canada\) — high reporting standard.

Why it applies: reporting\_standards includes ni\_43\_101

**Tonnage Growth**

Polarity: positive

Definition: Tonnage increase reaching the strong tier vs prior estimate, with grade maintained or improved.

Why it applies: 13550000 against 8800000 previously

**Grade Decline**

Polarity: negative

Definition: Average grade fell below the red-flag bound vs prior estimate — deposit economics worsening. May indicate high-grading in early drilling.

Why it applies: 0.58 against 0.636 previously

**Contained Metal Growth**

Polarity: positive

Definition: True scale improvement — contained metal ounces/tonnes increased vs prior, accounting for both tonnage and grade changes.

Why it applies: 78.38 against 55.99 previously

### inferred

[Link to this fact](https://atlas-extractions.minestarters.com/news/silvercorp-reports-a-mineral-reserve-increase-of-50-in-tonnes-and-20-in-silver-o--435d05fb-84b9-4dd1-8aab-3f3bc6747001#fact-resource-facts-13)

Ying Mining District · gold

#### Identity

- Project: Ying Mining District
- Commodity: gold
- Region: china
- Reported Region: Henan Province, People's Republic of China
- Ticker: SVM

#### Resource scope

- Estimate type: resource
- Effective date: 2025-12-31T00:00:00.000Z
- Reporting standards: ni\_43\_101
- QP Signed: Yes
- Qualified person names: HA Smith, GK Vartell, S Robinson, RC Stewart, JE Glanvill, A Wilkins, B Nielsen, M Kent, R Carlson, RJ Chesher, D Claffey
- Resource group id: resource:12d8c1729475f10ccbc2
- Deposit or zone: All
- Mining method: underground

#### Resource Data

- Category: inferred
- Tonnes: 13550000
- Grade: 0.33
- Grade Unit: g/t
- Contained Metal: 142.4
- Contained Unit: koz
- Cutoff Grade: 75
- Cutoff Unit: g/t AgEq

#### Prior Estimate

- Resource Date: 2025-12-31
- Prior Tonnes: 8800000
- Prior Grade: 0.559
- Prior Contained Metal: 158.22

#### Metal Equivalent

- Assumptions Disclosed: Yes

#### Review

- Needs Review: No
- Historical: No

#### Dates

- Event date: 2026-06-12T00:00:00.000Z

Reasoning: Inferred resource for gold shows tonnage growth but a significant decrease in grade and contained metal, which is a negative for future potential.

- Positive factor: Significant increase in Inferred tonnes \(+54%\).

- Positive factor: NI 43-101 compliant and QP signed.

- Negative factor: Inferred grades for gold decreased by 38% compared to the prior estimate.

- Negative factor: Contained gold in the inferred category decreased by 10% compared to prior estimate.

Evidence · table

> 0.33

Context: 13.55

#### Tags used in scoring

**Inferred Resource**

Polarity: negative

Definition: Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone.

Why it applies: category is "inferred"

**Cut-off Disclosed**

Polarity: positive

Definition: Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.

Why it applies: cutoff\_grade is stated

**QP/CP Signed**

Polarity: positive

Definition: Qualified Person \(QP\) or Competent Person \(CP\) named and signed off — a member of a recognized professional association \(e.g., AusIMM, SME, AIG, P.Geo\) with relevant experience.

Why it applies: qp\_signed is true

**NI 43-101 Compliant**

Polarity: positive

Definition: Resource estimate prepared in compliance with NI 43-101 \(Canada\) — high reporting standard.

Why it applies: reporting\_standards includes ni\_43\_101

**Tonnage Growth**

Polarity: positive

Definition: Tonnage increase reaching the strong tier vs prior estimate, with grade maintained or improved.

Why it applies: 13550000 against 8800000 previously

**Grade Decline**

Polarity: negative

Definition: Average grade fell below the red-flag bound vs prior estimate — deposit economics worsening. May indicate high-grading in early drilling.

Why it applies: 0.33 against 0.559 previously

**Contained Metal Decline**

Polarity: negative

Definition: Contained metal decreased vs prior despite tonnage growth — grade dilution exceeds volume gain.

Why it applies: 142.4 against 158.22 previously

**Dilutive Growth**

Polarity: negative

Definition: Tonnage increased but contained metal flat or down — likely from lower cut-off grade, not geological expansion.

Why it applies: tonnage rose while contained metal went 142.4 from 158.22

### inferred

[Link to this fact](https://atlas-extractions.minestarters.com/news/silvercorp-reports-a-mineral-reserve-increase-of-50-in-tonnes-and-20-in-silver-o--435d05fb-84b9-4dd1-8aab-3f3bc6747001#fact-resource-facts-14)

Ying Mining District · copper

#### Identity

- Project: Ying Mining District
- Commodity: copper
- Region: china
- Reported Region: Henan Province, People's Republic of China
- Ticker: SVM

#### Resource scope

- Estimate type: resource
- Effective date: 2025-12-31T00:00:00.000Z
- Reporting standards: ni\_43\_101
- QP Signed: Yes
- Qualified person names: HA Smith, GK Vartell, S Robinson, RC Stewart, JE Glanvill, A Wilkins, B Nielsen, M Kent, R Carlson, RJ Chesher, D Claffey
- Resource group id: resource:12d8c1729475f10ccbc2
- Deposit or zone: All
- Mining method: underground

#### Resource Data

- Category: inferred
- Tonnes: 13550000
- Grade: 0.08
- Grade Unit: %
- Contained Metal: 10.6
- Contained Unit: kt
- Cutoff Grade: 75
- Cutoff Unit: g/t AgEq

#### Prior Estimate

- Resource Date: 2025-12-31

#### Metal Equivalent

- Assumptions Disclosed: Yes

#### Review

- Needs Review: No
- Historical: No

#### Dates

- Event date: 2026-06-12T00:00:00.000Z

Reasoning: Inferred resource for copper is present but at a very low grade, making it a minor byproduct.

- Positive factor: Significant increase in Inferred tonnes \(+54%\).

- Positive factor: NI 43-101 compliant and QP signed.

Evidence · table

> 0.08

Context: 13.55

#### Tags used in scoring

**Inferred Resource**

Polarity: negative

Definition: Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone.

Why it applies: category is "inferred"

**Cut-off Disclosed**

Polarity: positive

Definition: Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.

Why it applies: cutoff\_grade is stated

**QP/CP Signed**

Polarity: positive

Definition: Qualified Person \(QP\) or Competent Person \(CP\) named and signed off — a member of a recognized professional association \(e.g., AusIMM, SME, AIG, P.Geo\) with relevant experience.

Why it applies: qp\_signed is true

**NI 43-101 Compliant**

Polarity: positive

Definition: Resource estimate prepared in compliance with NI 43-101 \(Canada\) — high reporting standard.

Why it applies: reporting\_standards includes ni\_43\_101

### proven

[Link to this fact](https://atlas-extractions.minestarters.com/news/silvercorp-reports-a-mineral-reserve-increase-of-50-in-tonnes-and-20-in-silver-o--435d05fb-84b9-4dd1-8aab-3f3bc6747001#fact-resource-facts-15)

Ying Mining District · silver

#### Identity

- Project: Ying Mining District
- Commodity: silver
- Region: china
- Reported Region: Henan Province, People's Republic of China
- Ticker: SVM

#### Resource scope

- Estimate type: reserve
- Effective date: 2025-12-31T00:00:00.000Z
- Reporting standards: ni\_43\_101
- QP Signed: Yes
- Qualified person names: HA Smith, GK Vartell, S Robinson, RC Stewart, JE Glanvill, A Wilkins, B Nielsen, M Kent, R Carlson, RJ Chesher, D Claffey
- Resource group id: resource:e173093826dd146e1435
- Deposit or zone: Ying Mines
- Mining method: underground

#### Resource Data

- Category: proven
- Tonnes: 10410000
- Grade: 179
- Grade Unit: g/t
- Contained Metal: 59.9
- Contained Unit: moz
- Cutoff Grade: 180
- Cutoff Unit: g/t AgEq

#### Prior Estimate

- Resource Date: 2025-12-31
- Prior Tonnes: 6940000
- Prior Grade: 217.5
- Prior Contained Metal: 88.75

#### Metal Equivalent

- Assumptions Disclosed: Yes

#### Review

- Needs Review: No
- Historical: No

#### Dates

- Event date: 2026-06-12T00:00:00.000Z

Reasoning: Proven Reserves for silver show strong tonnage growth but a notable decrease in grade and contained metal, which is a mixed signal.

- Positive factor: Significant increase in Proven Reserve tonnes \(+45%\).

- Positive factor: NI 43-101 compliant and QP signed.

- Negative factor: Proven Reserve grades for silver decreased by 20% compared to the prior estimate.

- Negative factor: Contained silver in Proven Reserves decreased compared to prior estimate.

Evidence · table

> 179

Context: 10.41

#### Tags used in scoring

**Proven Reserve**

Polarity: positive

Definition: Measured Resource with demonstrated economic viability after applying modifying factors.

Why it applies: category is "proven"

**Cut-off Disclosed**

Polarity: positive

Definition: Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.

Why it applies: cutoff\_grade is stated

**QP/CP Signed**

Polarity: positive

Definition: Qualified Person \(QP\) or Competent Person \(CP\) named and signed off — a member of a recognized professional association \(e.g., AusIMM, SME, AIG, P.Geo\) with relevant experience.

Why it applies: qp\_signed is true

**NI 43-101 Compliant**

Polarity: positive

Definition: Resource estimate prepared in compliance with NI 43-101 \(Canada\) — high reporting standard.

Why it applies: reporting\_standards includes ni\_43\_101

**Tonnage Growth**

Polarity: positive

Definition: Tonnage increase reaching the strong tier vs prior estimate, with grade maintained or improved.

Why it applies: 10410000 against 6940000 previously

**Grade Decline**

Polarity: negative

Definition: Average grade fell below the red-flag bound vs prior estimate — deposit economics worsening. May indicate high-grading in early drilling.

Why it applies: 179 against 217.5 previously

**Contained Metal Decline**

Polarity: negative

Definition: Contained metal decreased vs prior despite tonnage growth — grade dilution exceeds volume gain.

Why it applies: 59.9 against 88.75 previously

**Dilutive Growth**

Polarity: negative

Definition: Tonnage increased but contained metal flat or down — likely from lower cut-off grade, not geological expansion.

Why it applies: tonnage rose while contained metal went 59.9 from 88.75

### proven

[Link to this fact](https://atlas-extractions.minestarters.com/news/silvercorp-reports-a-mineral-reserve-increase-of-50-in-tonnes-and-20-in-silver-o--435d05fb-84b9-4dd1-8aab-3f3bc6747001#fact-resource-facts-16)

Ying Mining District · lead

#### Identity

- Project: Ying Mining District
- Commodity: lead
- Region: china
- Reported Region: Henan Province, People's Republic of China
- Ticker: SVM

#### Resource scope

- Estimate type: reserve
- Effective date: 2025-12-31T00:00:00.000Z
- Reporting standards: ni\_43\_101
- QP Signed: Yes
- Qualified person names: HA Smith, GK Vartell, S Robinson, RC Stewart, JE Glanvill, A Wilkins, B Nielsen, M Kent, R Carlson, RJ Chesher, D Claffey
- Resource group id: resource:e173093826dd146e1435
- Deposit or zone: Ying Mines
- Mining method: underground

#### Resource Data

- Category: proven
- Tonnes: 10410000
- Grade: 2.71
- Grade Unit: %
- Contained Metal: 282
- Contained Unit: kt
- Cutoff Grade: 180
- Cutoff Unit: g/t AgEq

#### Prior Estimate

- Resource Date: 2025-12-31
- Prior Tonnes: 6940000
- Prior Grade: 3.208
- Prior Contained Metal: 407

#### Metal Equivalent

- Assumptions Disclosed: Yes

#### Review

- Needs Review: No
- Historical: No

#### Dates

- Event date: 2026-06-12T00:00:00.000Z

Reasoning: Proven Reserves for lead show strong tonnage growth but a notable decrease in grade and contained metal, which is a mixed signal.

- Positive factor: Significant increase in Proven Reserve tonnes \(+45%\).

- Positive factor: NI 43-101 compliant and QP signed.

- Negative factor: Proven Reserve grades for lead decreased by 23% compared to the prior estimate.

- Negative factor: Contained lead in Proven Reserves decreased compared to prior estimate.

Evidence · table

> 2.71

Context: 10.41

#### Tags used in scoring

**Proven Reserve**

Polarity: positive

Definition: Measured Resource with demonstrated economic viability after applying modifying factors.

Why it applies: category is "proven"

**Cut-off Disclosed**

Polarity: positive

Definition: Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.

Why it applies: cutoff\_grade is stated

**QP/CP Signed**

Polarity: positive

Definition: Qualified Person \(QP\) or Competent Person \(CP\) named and signed off — a member of a recognized professional association \(e.g., AusIMM, SME, AIG, P.Geo\) with relevant experience.

Why it applies: qp\_signed is true

**NI 43-101 Compliant**

Polarity: positive

Definition: Resource estimate prepared in compliance with NI 43-101 \(Canada\) — high reporting standard.

Why it applies: reporting\_standards includes ni\_43\_101

**Tonnage Growth**

Polarity: positive

Definition: Tonnage increase reaching the strong tier vs prior estimate, with grade maintained or improved.

Why it applies: 10410000 against 6940000 previously

**Grade Decline**

Polarity: negative

Definition: Average grade fell below the red-flag bound vs prior estimate — deposit economics worsening. May indicate high-grading in early drilling.

Why it applies: 2.71 against 3.208 previously

**Contained Metal Decline**

Polarity: negative

Definition: Contained metal decreased vs prior despite tonnage growth — grade dilution exceeds volume gain.

Why it applies: 282 against 407 previously

**Dilutive Growth**

Polarity: negative

Definition: Tonnage increased but contained metal flat or down — likely from lower cut-off grade, not geological expansion.

Why it applies: tonnage rose while contained metal went 282 from 407

### proven

[Link to this fact](https://atlas-extractions.minestarters.com/news/silvercorp-reports-a-mineral-reserve-increase-of-50-in-tonnes-and-20-in-silver-o--435d05fb-84b9-4dd1-8aab-3f3bc6747001#fact-resource-facts-17)

Ying Mining District · zinc

#### Identity

- Project: Ying Mining District
- Commodity: zinc
- Region: china
- Reported Region: Henan Province, People's Republic of China
- Ticker: SVM

#### Resource scope

- Estimate type: reserve
- Effective date: 2025-12-31T00:00:00.000Z
- Reporting standards: ni\_43\_101
- QP Signed: Yes
- Qualified person names: HA Smith, GK Vartell, S Robinson, RC Stewart, JE Glanvill, A Wilkins, B Nielsen, M Kent, R Carlson, RJ Chesher, D Claffey
- Resource group id: resource:e173093826dd146e1435
- Deposit or zone: Ying Mines
- Mining method: underground

#### Resource Data

- Category: proven
- Tonnes: 10410000
- Grade: 0.87
- Grade Unit: %
- Contained Metal: 90.4
- Contained Unit: kt
- Cutoff Grade: 180
- Cutoff Unit: g/t AgEq

#### Prior Estimate

- Resource Date: 2025-12-31
- Prior Tonnes: 6940000
- Prior Grade: 0.964
- Prior Contained Metal: 123.11

#### Metal Equivalent

- Assumptions Disclosed: Yes

#### Review

- Needs Review: No
- Historical: No

#### Dates

- Event date: 2026-06-12T00:00:00.000Z

Reasoning: Proven Reserves for zinc show strong tonnage growth but a notable decrease in grade and contained metal, which is a mixed signal.

- Positive factor: Significant increase in Proven Reserve tonnes \(+45%\).

- Positive factor: NI 43-101 compliant and QP signed.

- Negative factor: Proven Reserve grades for zinc decreased by 17% compared to the prior estimate.

- Negative factor: Contained zinc in Proven Reserves decreased compared to prior estimate.

Evidence · table

> 0.87

Context: 10.41

#### Tags used in scoring

**Proven Reserve**

Polarity: positive

Definition: Measured Resource with demonstrated economic viability after applying modifying factors.

Why it applies: category is "proven"

**Cut-off Disclosed**

Polarity: positive

Definition: Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.

Why it applies: cutoff\_grade is stated

**QP/CP Signed**

Polarity: positive

Definition: Qualified Person \(QP\) or Competent Person \(CP\) named and signed off — a member of a recognized professional association \(e.g., AusIMM, SME, AIG, P.Geo\) with relevant experience.

Why it applies: qp\_signed is true

**NI 43-101 Compliant**

Polarity: positive

Definition: Resource estimate prepared in compliance with NI 43-101 \(Canada\) — high reporting standard.

Why it applies: reporting\_standards includes ni\_43\_101

**Tonnage Growth**

Polarity: positive

Definition: Tonnage increase reaching the strong tier vs prior estimate, with grade maintained or improved.

Why it applies: 10410000 against 6940000 previously

**Grade Decline**

Polarity: negative

Definition: Average grade fell below the red-flag bound vs prior estimate — deposit economics worsening. May indicate high-grading in early drilling.

Why it applies: 0.87 against 0.964 previously

**Contained Metal Decline**

Polarity: negative

Definition: Contained metal decreased vs prior despite tonnage growth — grade dilution exceeds volume gain.

Why it applies: 90.4 against 123.11 previously

**Dilutive Growth**

Polarity: negative

Definition: Tonnage increased but contained metal flat or down — likely from lower cut-off grade, not geological expansion.

Why it applies: tonnage rose while contained metal went 90.4 from 123.11

### proven

[Link to this fact](https://atlas-extractions.minestarters.com/news/silvercorp-reports-a-mineral-reserve-increase-of-50-in-tonnes-and-20-in-silver-o--435d05fb-84b9-4dd1-8aab-3f3bc6747001#fact-resource-facts-18)

Ying Mining District · gold

#### Identity

- Project: Ying Mining District
- Commodity: gold
- Region: china
- Reported Region: Henan Province, People's Republic of China
- Ticker: SVM

#### Resource scope

- Estimate type: reserve
- Effective date: 2025-12-31T00:00:00.000Z
- Reporting standards: ni\_43\_101
- QP Signed: Yes
- Qualified person names: HA Smith, GK Vartell, S Robinson, RC Stewart, JE Glanvill, A Wilkins, B Nielsen, M Kent, R Carlson, RJ Chesher, D Claffey
- Resource group id: resource:e173093826dd146e1435
- Deposit or zone: Ying Mines
- Mining method: underground

#### Resource Data

- Category: proven
- Tonnes: 10410000
- Grade: 0.15
- Grade Unit: g/t
- Contained Metal: 50.8
- Contained Unit: koz
- Cutoff Grade: 180
- Cutoff Unit: g/t AgEq

#### Prior Estimate

- Resource Date: 2025-12-31
- Prior Tonnes: 6940000
- Prior Grade: 0.168
- Prior Contained Metal: 70.46

#### Metal Equivalent

- Assumptions Disclosed: Yes

#### Review

- Needs Review: No
- Historical: No

#### Dates

- Event date: 2026-06-12T00:00:00.000Z

Reasoning: Proven Reserves for gold show tonnage growth but a slight decrease in grade and contained metal, making it a minor contributor.

- Positive factor: Significant increase in Proven Reserve tonnes \(+45%\).

- Positive factor: NI 43-101 compliant and QP signed.

- Negative factor: Proven Reserve grades for gold decreased compared to the prior estimate.

- Negative factor: Contained gold in Proven Reserves decreased compared to prior estimate.

Evidence · table

> 0.15

Context: 10.41

#### Tags used in scoring

**Proven Reserve**

Polarity: positive

Definition: Measured Resource with demonstrated economic viability after applying modifying factors.

Why it applies: category is "proven"

**Cut-off Disclosed**

Polarity: positive

Definition: Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.

Why it applies: cutoff\_grade is stated

**QP/CP Signed**

Polarity: positive

Definition: Qualified Person \(QP\) or Competent Person \(CP\) named and signed off — a member of a recognized professional association \(e.g., AusIMM, SME, AIG, P.Geo\) with relevant experience.

Why it applies: qp\_signed is true

**NI 43-101 Compliant**

Polarity: positive

Definition: Resource estimate prepared in compliance with NI 43-101 \(Canada\) — high reporting standard.

Why it applies: reporting\_standards includes ni\_43\_101

**Tonnage Growth**

Polarity: positive

Definition: Tonnage increase reaching the strong tier vs prior estimate, with grade maintained or improved.

Why it applies: 10410000 against 6940000 previously

**Grade Decline**

Polarity: negative

Definition: Average grade fell below the red-flag bound vs prior estimate — deposit economics worsening. May indicate high-grading in early drilling.

Why it applies: 0.15 against 0.168 previously

**Contained Metal Decline**

Polarity: negative

Definition: Contained metal decreased vs prior despite tonnage growth — grade dilution exceeds volume gain.

Why it applies: 50.8 against 70.46 previously

**Dilutive Growth**

Polarity: negative

Definition: Tonnage increased but contained metal flat or down — likely from lower cut-off grade, not geological expansion.

Why it applies: tonnage rose while contained metal went 50.8 from 70.46

### proven

[Link to this fact](https://atlas-extractions.minestarters.com/news/silvercorp-reports-a-mineral-reserve-increase-of-50-in-tonnes-and-20-in-silver-o--435d05fb-84b9-4dd1-8aab-3f3bc6747001#fact-resource-facts-19)

Ying Mining District · copper

#### Identity

- Project: Ying Mining District
- Commodity: copper
- Region: china
- Reported Region: Henan Province, People's Republic of China
- Ticker: SVM

#### Resource scope

- Estimate type: reserve
- Effective date: 2025-12-31T00:00:00.000Z
- Reporting standards: ni\_43\_101
- QP Signed: Yes
- Qualified person names: HA Smith, GK Vartell, S Robinson, RC Stewart, JE Glanvill, A Wilkins, B Nielsen, M Kent, R Carlson, RJ Chesher, D Claffey
- Resource group id: resource:e173093826dd146e1435
- Deposit or zone: Ying Mines
- Mining method: underground

#### Resource Data

- Category: proven
- Tonnes: 10410000
- Grade: 0.04
- Grade Unit: %
- Contained Metal: 3.9
- Contained Unit: kt
- Cutoff Grade: 180
- Cutoff Unit: g/t AgEq

#### Prior Estimate

- Resource Date: 2025-12-31

#### Metal Equivalent

- Assumptions Disclosed: Yes

#### Review

- Needs Review: No
- Historical: No

#### Dates

- Event date: 2026-06-12T00:00:00.000Z

Reasoning: Proven Reserves for copper are present but at a very low grade, making it a minor byproduct.

- Positive factor: Significant increase in Proven Reserve tonnes \(+45%\).

- Positive factor: NI 43-101 compliant and QP signed.

Evidence · table

> 0.04

Context: 10.41

#### Tags used in scoring

**Proven Reserve**

Polarity: positive

Definition: Measured Resource with demonstrated economic viability after applying modifying factors.

Why it applies: category is "proven"

**Cut-off Disclosed**

Polarity: positive

Definition: Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.

Why it applies: cutoff\_grade is stated

**QP/CP Signed**

Polarity: positive

Definition: Qualified Person \(QP\) or Competent Person \(CP\) named and signed off — a member of a recognized professional association \(e.g., AusIMM, SME, AIG, P.Geo\) with relevant experience.

Why it applies: qp\_signed is true

**NI 43-101 Compliant**

Polarity: positive

Definition: Resource estimate prepared in compliance with NI 43-101 \(Canada\) — high reporting standard.

Why it applies: reporting\_standards includes ni\_43\_101

### probable

[Link to this fact](https://atlas-extractions.minestarters.com/news/silvercorp-reports-a-mineral-reserve-increase-of-50-in-tonnes-and-20-in-silver-o--435d05fb-84b9-4dd1-8aab-3f3bc6747001#fact-resource-facts-20)

Ying Mining District · silver

#### Identity

- Project: Ying Mining District
- Commodity: silver
- Region: china
- Reported Region: Henan Province, People's Republic of China
- Ticker: SVM

#### Resource scope

- Estimate type: reserve
- Effective date: 2025-12-31T00:00:00.000Z
- Reporting standards: ni\_43\_101
- QP Signed: Yes
- Qualified person names: HA Smith, GK Vartell, S Robinson, RC Stewart, JE Glanvill, A Wilkins, B Nielsen, M Kent, R Carlson, RJ Chesher, D Claffey
- Resource group id: resource:41fd50afbc919ce5ed05
- Deposit or zone: Ying Mines
- Mining method: underground

#### Resource Data

- Category: probable
- Tonnes: 8660000
- Grade: 167
- Grade Unit: g/t
- Contained Metal: 46.6
- Contained Unit: moz
- Cutoff Grade: 155
- Cutoff Unit: g/t AgEq

#### Prior Estimate

- Resource Date: 2025-12-31
- Prior Tonnes: 5780000
- Prior Grade: 217.5
- Prior Contained Metal: 88.75

#### Metal Equivalent

- Assumptions Disclosed: Yes

#### Review

- Needs Review: No
- Historical: No

#### Dates

- Event date: 2026-06-12T00:00:00.000Z

Reasoning: Probable Reserves for silver show strong tonnage growth but a notable decrease in grade and contained metal, which is a mixed signal.

- Positive factor: Significant increase in Probable Reserve tonnes \(+55%\).

- Positive factor: NI 43-101 compliant and QP signed.

- Negative factor: Probable Reserve grades for silver decreased by 20% compared to the prior estimate.

- Negative factor: Contained silver in Probable Reserves decreased compared to prior estimate.

Evidence · table

> 167

Context: 8.66

#### Tags used in scoring

**Probable Reserve**

Polarity: positive

Definition: Indicated Resource with demonstrated economic viability after applying modifying factors.

Why it applies: category is "probable"

**Cut-off Disclosed**

Polarity: positive

Definition: Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.

Why it applies: cutoff\_grade is stated

**QP/CP Signed**

Polarity: positive

Definition: Qualified Person \(QP\) or Competent Person \(CP\) named and signed off — a member of a recognized professional association \(e.g., AusIMM, SME, AIG, P.Geo\) with relevant experience.

Why it applies: qp\_signed is true

**NI 43-101 Compliant**

Polarity: positive

Definition: Resource estimate prepared in compliance with NI 43-101 \(Canada\) — high reporting standard.

Why it applies: reporting\_standards includes ni\_43\_101

**Tonnage Growth**

Polarity: positive

Definition: Tonnage increase reaching the strong tier vs prior estimate, with grade maintained or improved.

Why it applies: 8660000 against 5780000 previously

**Grade Decline**

Polarity: negative

Definition: Average grade fell below the red-flag bound vs prior estimate — deposit economics worsening. May indicate high-grading in early drilling.

Why it applies: 167 against 217.5 previously

**Contained Metal Decline**

Polarity: negative

Definition: Contained metal decreased vs prior despite tonnage growth — grade dilution exceeds volume gain.

Why it applies: 46.6 against 88.75 previously

**Dilutive Growth**

Polarity: negative

Definition: Tonnage increased but contained metal flat or down — likely from lower cut-off grade, not geological expansion.

Why it applies: tonnage rose while contained metal went 46.6 from 88.75

### probable

[Link to this fact](https://atlas-extractions.minestarters.com/news/silvercorp-reports-a-mineral-reserve-increase-of-50-in-tonnes-and-20-in-silver-o--435d05fb-84b9-4dd1-8aab-3f3bc6747001#fact-resource-facts-21)

Ying Mining District · lead

#### Identity

- Project: Ying Mining District
- Commodity: lead
- Region: china
- Reported Region: Henan Province, People's Republic of China
- Ticker: SVM

#### Resource scope

- Estimate type: reserve
- Effective date: 2025-12-31T00:00:00.000Z
- Reporting standards: ni\_43\_101
- QP Signed: Yes
- Qualified person names: HA Smith, GK Vartell, S Robinson, RC Stewart, JE Glanvill, A Wilkins, B Nielsen, M Kent, R Carlson, RJ Chesher, D Claffey
- Resource group id: resource:41fd50afbc919ce5ed05
- Deposit or zone: Ying Mines
- Mining method: underground

#### Resource Data

- Category: probable
- Tonnes: 8660000
- Grade: 2.19
- Grade Unit: %
- Contained Metal: 190.1
- Contained Unit: kt
- Cutoff Grade: 155
- Cutoff Unit: g/t AgEq

#### Prior Estimate

- Resource Date: 2025-12-31
- Prior Tonnes: 5780000
- Prior Grade: 3.208
- Prior Contained Metal: 407

#### Metal Equivalent

- Assumptions Disclosed: Yes

#### Review

- Needs Review: No
- Historical: No

#### Dates

- Event date: 2026-06-12T00:00:00.000Z

Reasoning: Probable Reserves for lead show strong tonnage growth but a notable decrease in grade and contained metal, which is a mixed signal.

- Positive factor: Significant increase in Probable Reserve tonnes \(+55%\).

- Positive factor: NI 43-101 compliant and QP signed.

- Negative factor: Probable Reserve grades for lead decreased by 23% compared to the prior estimate.

- Negative factor: Contained lead in Probable Reserves decreased compared to prior estimate.

Evidence · table

> 2.19

Context: 8.66

#### Tags used in scoring

**Probable Reserve**

Polarity: positive

Definition: Indicated Resource with demonstrated economic viability after applying modifying factors.

Why it applies: category is "probable"

**Cut-off Disclosed**

Polarity: positive

Definition: Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.

Why it applies: cutoff\_grade is stated

**QP/CP Signed**

Polarity: positive

Definition: Qualified Person \(QP\) or Competent Person \(CP\) named and signed off — a member of a recognized professional association \(e.g., AusIMM, SME, AIG, P.Geo\) with relevant experience.

Why it applies: qp\_signed is true

**NI 43-101 Compliant**

Polarity: positive

Definition: Resource estimate prepared in compliance with NI 43-101 \(Canada\) — high reporting standard.

Why it applies: reporting\_standards includes ni\_43\_101

**Tonnage Growth**

Polarity: positive

Definition: Tonnage increase reaching the strong tier vs prior estimate, with grade maintained or improved.

Why it applies: 8660000 against 5780000 previously

**Grade Decline**

Polarity: negative

Definition: Average grade fell below the red-flag bound vs prior estimate — deposit economics worsening. May indicate high-grading in early drilling.

Why it applies: 2.19 against 3.208 previously

**Contained Metal Decline**

Polarity: negative

Definition: Contained metal decreased vs prior despite tonnage growth — grade dilution exceeds volume gain.

Why it applies: 190.1 against 407 previously

**Dilutive Growth**

Polarity: negative

Definition: Tonnage increased but contained metal flat or down — likely from lower cut-off grade, not geological expansion.

Why it applies: tonnage rose while contained metal went 190.1 from 407

### probable

[Link to this fact](https://atlas-extractions.minestarters.com/news/silvercorp-reports-a-mineral-reserve-increase-of-50-in-tonnes-and-20-in-silver-o--435d05fb-84b9-4dd1-8aab-3f3bc6747001#fact-resource-facts-22)

Ying Mining District · zinc

#### Identity

- Project: Ying Mining District
- Commodity: zinc
- Region: china
- Reported Region: Henan Province, People's Republic of China
- Ticker: SVM

#### Resource scope

- Estimate type: reserve
- Effective date: 2025-12-31T00:00:00.000Z
- Reporting standards: ni\_43\_101
- QP Signed: Yes
- Qualified person names: HA Smith, GK Vartell, S Robinson, RC Stewart, JE Glanvill, A Wilkins, B Nielsen, M Kent, R Carlson, RJ Chesher, D Claffey
- Resource group id: resource:41fd50afbc919ce5ed05
- Deposit or zone: Ying Mines
- Mining method: underground

#### Resource Data

- Category: probable
- Tonnes: 8660000
- Grade: 0.71
- Grade Unit: %
- Contained Metal: 61.7
- Contained Unit: kt
- Cutoff Grade: 155
- Cutoff Unit: g/t AgEq

#### Prior Estimate

- Resource Date: 2025-12-31
- Prior Tonnes: 5780000
- Prior Grade: 0.964
- Prior Contained Metal: 123.11

#### Metal Equivalent

- Assumptions Disclosed: Yes

#### Review

- Needs Review: No
- Historical: No

#### Dates

- Event date: 2026-06-12T00:00:00.000Z

Reasoning: Probable Reserves for zinc show strong tonnage growth but a notable decrease in grade and contained metal, which is a mixed signal.

- Positive factor: Significant increase in Probable Reserve tonnes \(+55%\).

- Positive factor: NI 43-101 compliant and QP signed.

- Negative factor: Probable Reserve grades for zinc decreased by 17% compared to the prior estimate.

- Negative factor: Contained zinc in Probable Reserves decreased compared to prior estimate.

Evidence · table

> 0.71

Context: 8.66

#### Tags used in scoring

**Probable Reserve**

Polarity: positive

Definition: Indicated Resource with demonstrated economic viability after applying modifying factors.

Why it applies: category is "probable"

**Cut-off Disclosed**

Polarity: positive

Definition: Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.

Why it applies: cutoff\_grade is stated

**QP/CP Signed**

Polarity: positive

Definition: Qualified Person \(QP\) or Competent Person \(CP\) named and signed off — a member of a recognized professional association \(e.g., AusIMM, SME, AIG, P.Geo\) with relevant experience.

Why it applies: qp\_signed is true

**NI 43-101 Compliant**

Polarity: positive

Definition: Resource estimate prepared in compliance with NI 43-101 \(Canada\) — high reporting standard.

Why it applies: reporting\_standards includes ni\_43\_101

**Tonnage Growth**

Polarity: positive

Definition: Tonnage increase reaching the strong tier vs prior estimate, with grade maintained or improved.

Why it applies: 8660000 against 5780000 previously

**Grade Decline**

Polarity: negative

Definition: Average grade fell below the red-flag bound vs prior estimate — deposit economics worsening. May indicate high-grading in early drilling.

Why it applies: 0.71 against 0.964 previously

**Contained Metal Decline**

Polarity: negative

Definition: Contained metal decreased vs prior despite tonnage growth — grade dilution exceeds volume gain.

Why it applies: 61.7 against 123.11 previously

**Dilutive Growth**

Polarity: negative

Definition: Tonnage increased but contained metal flat or down — likely from lower cut-off grade, not geological expansion.

Why it applies: tonnage rose while contained metal went 61.7 from 123.11

### probable

[Link to this fact](https://atlas-extractions.minestarters.com/news/silvercorp-reports-a-mineral-reserve-increase-of-50-in-tonnes-and-20-in-silver-o--435d05fb-84b9-4dd1-8aab-3f3bc6747001#fact-resource-facts-23)

Ying Mining District · gold

#### Identity

- Project: Ying Mining District
- Commodity: gold
- Region: china
- Reported Region: Henan Province, People's Republic of China
- Ticker: SVM

#### Resource scope

- Estimate type: reserve
- Effective date: 2025-12-31T00:00:00.000Z
- Reporting standards: ni\_43\_101
- QP Signed: Yes
- Qualified person names: HA Smith, GK Vartell, S Robinson, RC Stewart, JE Glanvill, A Wilkins, B Nielsen, M Kent, R Carlson, RJ Chesher, D Claffey
- Resource group id: resource:41fd50afbc919ce5ed05
- Deposit or zone: Ying Mines
- Mining method: underground

#### Resource Data

- Category: probable
- Tonnes: 8660000
- Grade: 0.2
- Grade Unit: g/t
- Contained Metal: 56.3
- Contained Unit: koz
- Cutoff Grade: 155
- Cutoff Unit: g/t AgEq

#### Prior Estimate

- Resource Date: 2025-12-31
- Prior Tonnes: 5780000
- Prior Grade: 0.168
- Prior Contained Metal: 70.46

#### Metal Equivalent

- Assumptions Disclosed: Yes

#### Review

- Needs Review: No
- Historical: No

#### Dates

- Event date: 2026-06-12T00:00:00.000Z

Reasoning: Probable Reserves for gold show tonnage growth and a slight grade increase, but contained metal decreased, making it a minor contributor.

- Positive factor: Significant increase in Probable Reserve tonnes \(+55%\).

- Positive factor: Probable Reserve grades for gold increased by 1% compared to the prior estimate.

- Positive factor: NI 43-101 compliant and QP signed.

- Negative factor: Contained gold in Probable Reserves decreased compared to prior estimate.

Evidence · table

> 0.20

Context: 8.66

#### Tags used in scoring

**Probable Reserve**

Polarity: positive

Definition: Indicated Resource with demonstrated economic viability after applying modifying factors.

Why it applies: category is "probable"

**Cut-off Disclosed**

Polarity: positive

Definition: Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.

Why it applies: cutoff\_grade is stated

**QP/CP Signed**

Polarity: positive

Definition: Qualified Person \(QP\) or Competent Person \(CP\) named and signed off — a member of a recognized professional association \(e.g., AusIMM, SME, AIG, P.Geo\) with relevant experience.

Why it applies: qp\_signed is true

**NI 43-101 Compliant**

Polarity: positive

Definition: Resource estimate prepared in compliance with NI 43-101 \(Canada\) — high reporting standard.

Why it applies: reporting\_standards includes ni\_43\_101

**Tonnage Growth**

Polarity: positive

Definition: Tonnage increase reaching the strong tier vs prior estimate, with grade maintained or improved.

Why it applies: 8660000 against 5780000 previously

**Grade Improvement**

Polarity: positive

Definition: Average resource grade improved vs prior estimate — better deposit economics.

Why it applies: 0.2 against 0.168 previously

**Contained Metal Decline**

Polarity: negative

Definition: Contained metal decreased vs prior despite tonnage growth — grade dilution exceeds volume gain.

Why it applies: 56.3 against 70.46 previously

**Dilutive Growth**

Polarity: negative

Definition: Tonnage increased but contained metal flat or down — likely from lower cut-off grade, not geological expansion.

Why it applies: tonnage rose while contained metal went 56.3 from 70.46

### probable

[Link to this fact](https://atlas-extractions.minestarters.com/news/silvercorp-reports-a-mineral-reserve-increase-of-50-in-tonnes-and-20-in-silver-o--435d05fb-84b9-4dd1-8aab-3f3bc6747001#fact-resource-facts-24)

Ying Mining District · copper

#### Identity

- Project: Ying Mining District
- Commodity: copper
- Region: china
- Reported Region: Henan Province, People's Republic of China
- Ticker: SVM

#### Resource scope

- Estimate type: reserve
- Effective date: 2025-12-31T00:00:00.000Z
- Reporting standards: ni\_43\_101
- QP Signed: Yes
- Qualified person names: HA Smith, GK Vartell, S Robinson, RC Stewart, JE Glanvill, A Wilkins, B Nielsen, M Kent, R Carlson, RJ Chesher, D Claffey
- Resource group id: resource:41fd50afbc919ce5ed05
- Deposit or zone: Ying Mines
- Mining method: underground

#### Resource Data

- Category: probable
- Tonnes: 8660000
- Grade: 0.03
- Grade Unit: %
- Contained Metal: 2.7
- Contained Unit: kt
- Cutoff Grade: 155
- Cutoff Unit: g/t AgEq

#### Prior Estimate

- Resource Date: 2025-12-31

#### Metal Equivalent

- Assumptions Disclosed: Yes

#### Review

- Needs Review: No
- Historical: No

#### Dates

- Event date: 2026-06-12T00:00:00.000Z

Reasoning: Probable Reserves for copper are present but at a very low grade, making it a minor byproduct.

- Positive factor: Significant increase in Probable Reserve tonnes \(+55%\).

- Positive factor: NI 43-101 compliant and QP signed.

Evidence · table

> 0.03

Context: 8.66

#### Tags used in scoring

**Probable Reserve**

Polarity: positive

Definition: Indicated Resource with demonstrated economic viability after applying modifying factors.

Why it applies: category is "probable"

**Cut-off Disclosed**

Polarity: positive

Definition: Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.

Why it applies: cutoff\_grade is stated

**QP/CP Signed**

Polarity: positive

Definition: Qualified Person \(QP\) or Competent Person \(CP\) named and signed off — a member of a recognized professional association \(e.g., AusIMM, SME, AIG, P.Geo\) with relevant experience.

Why it applies: qp\_signed is true

**NI 43-101 Compliant**

Polarity: positive

Definition: Resource estimate prepared in compliance with NI 43-101 \(Canada\) — high reporting standard.

Why it applies: reporting\_standards includes ni\_43\_101

### proven

[Link to this fact](https://atlas-extractions.minestarters.com/news/silvercorp-reports-a-mineral-reserve-increase-of-50-in-tonnes-and-20-in-silver-o--435d05fb-84b9-4dd1-8aab-3f3bc6747001#fact-resource-facts-25)

Ying Mining District · gold

#### Identity

- Project: Ying Mining District
- Commodity: gold
- Region: china
- Reported Region: Henan Province, People's Republic of China
- Ticker: SVM

#### Resource scope

- Estimate type: reserve
- Effective date: 2025-12-31T00:00:00.000Z
- Reporting standards: ni\_43\_101
- QP Signed: Yes
- Qualified person names: HA Smith, GK Vartell, S Robinson, RC Stewart, JE Glanvill, A Wilkins, B Nielsen, M Kent, R Carlson, RJ Chesher, D Claffey
- Resource group id: resource:c0f6f247f895f2c5b517
- Deposit or zone: Ying Mines
- Mining method: underground

#### Resource Data

- Category: proven
- Tonnes: 4430000
- Grade: 0.05
- Grade Unit: g/t
- Cutoff Grade: 180
- Cutoff Unit: g/t AgEq

#### Prior Estimate

- Resource Date: 2025-12-31

#### Metal Equivalent

- Assumptions Disclosed: Yes

#### Review

- Needs Review: No
- Historical: No

#### Dates

- Event date: 2026-06-12T00:00:00.000Z

Reasoning: Proven Reserves for silver show strong tonnage growth but a notable decrease in grade and contained metal, which is a mixed signal. \(Expanded from multi-commodity resource table for completeness.\)

- Positive factor: Significant increase in Proven Reserve tonnes \(+45%\).

- Positive factor: NI 43-101 compliant and QP signed.

- Negative factor: Proven Reserve grades for silver decreased by 20% compared to the prior estimate.

- Negative factor: Contained silver in Proven Reserves decreased compared to prior estimate.

Evidence · table

> 0.05

Context: 4.43

#### Tags used in scoring

**Proven Reserve**

Polarity: positive

Definition: Measured Resource with demonstrated economic viability after applying modifying factors.

Why it applies: category is "proven"

**Cut-off Disclosed**

Polarity: positive

Definition: Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.

Why it applies: cutoff\_grade is stated

**QP/CP Signed**

Polarity: positive

Definition: Qualified Person \(QP\) or Competent Person \(CP\) named and signed off — a member of a recognized professional association \(e.g., AusIMM, SME, AIG, P.Geo\) with relevant experience.

Why it applies: qp\_signed is true

**NI 43-101 Compliant**

Polarity: positive

Definition: Resource estimate prepared in compliance with NI 43-101 \(Canada\) — high reporting standard.

Why it applies: reporting\_standards includes ni\_43\_101

**No Contained Metal**

Polarity: negative

Definition: Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.

Why it applies: contained\_metal was not reported

### proven

[Link to this fact](https://atlas-extractions.minestarters.com/news/silvercorp-reports-a-mineral-reserve-increase-of-50-in-tonnes-and-20-in-silver-o--435d05fb-84b9-4dd1-8aab-3f3bc6747001#fact-resource-facts-26)

Ying Mining District · silver

#### Identity

- Project: Ying Mining District
- Commodity: silver
- Region: china
- Reported Region: Henan Province, People's Republic of China
- Ticker: SVM

#### Resource scope

- Estimate type: reserve
- Effective date: 2025-12-31T00:00:00.000Z
- Reporting standards: ni\_43\_101
- QP Signed: Yes
- Qualified person names: HA Smith, GK Vartell, S Robinson, RC Stewart, JE Glanvill, A Wilkins, B Nielsen, M Kent, R Carlson, RJ Chesher, D Claffey
- Resource group id: resource:c0f6f247f895f2c5b517
- Deposit or zone: Ying Mines
- Mining method: underground

#### Resource Data

- Category: proven
- Tonnes: 4430000
- Grade: 201
- Grade Unit: g/t
- Cutoff Grade: 180
- Cutoff Unit: g/t AgEq

#### Prior Estimate

- Resource Date: 2025-12-31

#### Metal Equivalent

- Assumptions Disclosed: Yes

#### Review

- Needs Review: No
- Historical: No

#### Dates

- Event date: 2026-06-12T00:00:00.000Z

Reasoning: Proven Reserves for silver show strong tonnage growth but a notable decrease in grade and contained metal, which is a mixed signal. \(Expanded from multi-commodity resource table for completeness.\)

- Positive factor: Significant increase in Proven Reserve tonnes \(+45%\).

- Positive factor: NI 43-101 compliant and QP signed.

- Negative factor: Proven Reserve grades for silver decreased by 20% compared to the prior estimate.

- Negative factor: Contained silver in Proven Reserves decreased compared to prior estimate.

Evidence · table

> 201

Context: 4.43

#### Tags used in scoring

**Proven Reserve**

Polarity: positive

Definition: Measured Resource with demonstrated economic viability after applying modifying factors.

Why it applies: category is "proven"

**Cut-off Disclosed**

Polarity: positive

Definition: Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.

Why it applies: cutoff\_grade is stated

**QP/CP Signed**

Polarity: positive

Definition: Qualified Person \(QP\) or Competent Person \(CP\) named and signed off — a member of a recognized professional association \(e.g., AusIMM, SME, AIG, P.Geo\) with relevant experience.

Why it applies: qp\_signed is true

**NI 43-101 Compliant**

Polarity: positive

Definition: Resource estimate prepared in compliance with NI 43-101 \(Canada\) — high reporting standard.

Why it applies: reporting\_standards includes ni\_43\_101

**No Contained Metal**

Polarity: negative

Definition: Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.

Why it applies: contained\_metal was not reported

### proven

[Link to this fact](https://atlas-extractions.minestarters.com/news/silvercorp-reports-a-mineral-reserve-increase-of-50-in-tonnes-and-20-in-silver-o--435d05fb-84b9-4dd1-8aab-3f3bc6747001#fact-resource-facts-27)

Ying Mining District · lead

#### Identity

- Project: Ying Mining District
- Commodity: lead
- Region: china
- Reported Region: Henan Province, People's Republic of China
- Ticker: SVM

#### Resource scope

- Estimate type: reserve
- Effective date: 2025-12-31T00:00:00.000Z
- Reporting standards: ni\_43\_101
- QP Signed: Yes
- Qualified person names: HA Smith, GK Vartell, S Robinson, RC Stewart, JE Glanvill, A Wilkins, B Nielsen, M Kent, R Carlson, RJ Chesher, D Claffey
- Resource group id: resource:c0f6f247f895f2c5b517
- Deposit or zone: Ying Mines
- Mining method: underground

#### Resource Data

- Category: proven
- Tonnes: 4430000
- Grade: 3.97
- Grade Unit: %
- Cutoff Grade: 180
- Cutoff Unit: g/t AgEq

#### Prior Estimate

- Resource Date: 2025-12-31

#### Metal Equivalent

- Assumptions Disclosed: Yes

#### Review

- Needs Review: No
- Historical: No

#### Dates

- Event date: 2026-06-12T00:00:00.000Z

Reasoning: Proven Reserves for silver show strong tonnage growth but a notable decrease in grade and contained metal, which is a mixed signal. \(Expanded from multi-commodity resource table for completeness.\)

- Positive factor: Significant increase in Proven Reserve tonnes \(+45%\).

- Positive factor: NI 43-101 compliant and QP signed.

- Negative factor: Proven Reserve grades for silver decreased by 20% compared to the prior estimate.

- Negative factor: Contained silver in Proven Reserves decreased compared to prior estimate.

Evidence · table

> 3.97

Context: 4.43

#### Tags used in scoring

**Proven Reserve**

Polarity: positive

Definition: Measured Resource with demonstrated economic viability after applying modifying factors.

Why it applies: category is "proven"

**Cut-off Disclosed**

Polarity: positive

Definition: Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.

Why it applies: cutoff\_grade is stated

**QP/CP Signed**

Polarity: positive

Definition: Qualified Person \(QP\) or Competent Person \(CP\) named and signed off — a member of a recognized professional association \(e.g., AusIMM, SME, AIG, P.Geo\) with relevant experience.

Why it applies: qp\_signed is true

**NI 43-101 Compliant**

Polarity: positive

Definition: Resource estimate prepared in compliance with NI 43-101 \(Canada\) — high reporting standard.

Why it applies: reporting\_standards includes ni\_43\_101

**No Contained Metal**

Polarity: negative

Definition: Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.

Why it applies: contained\_metal was not reported

### proven

[Link to this fact](https://atlas-extractions.minestarters.com/news/silvercorp-reports-a-mineral-reserve-increase-of-50-in-tonnes-and-20-in-silver-o--435d05fb-84b9-4dd1-8aab-3f3bc6747001#fact-resource-facts-28)

Ying Mining District · zinc

#### Identity

- Project: Ying Mining District
- Commodity: zinc
- Region: china
- Reported Region: Henan Province, People's Republic of China
- Ticker: SVM

#### Resource scope

- Estimate type: reserve
- Effective date: 2025-12-31T00:00:00.000Z
- Reporting standards: ni\_43\_101
- QP Signed: Yes
- Qualified person names: HA Smith, GK Vartell, S Robinson, RC Stewart, JE Glanvill, A Wilkins, B Nielsen, M Kent, R Carlson, RJ Chesher, D Claffey
- Resource group id: resource:c0f6f247f895f2c5b517
- Deposit or zone: Ying Mines
- Mining method: underground

#### Resource Data

- Category: proven
- Tonnes: 4430000
- Grade: 1.89
- Grade Unit: %
- Cutoff Grade: 180
- Cutoff Unit: g/t AgEq

#### Prior Estimate

- Resource Date: 2025-12-31

#### Metal Equivalent

- Assumptions Disclosed: Yes

#### Review

- Needs Review: No
- Historical: No

#### Dates

- Event date: 2026-06-12T00:00:00.000Z

Reasoning: Proven Reserves for silver show strong tonnage growth but a notable decrease in grade and contained metal, which is a mixed signal. \(Expanded from multi-commodity resource table for completeness.\)

- Positive factor: Significant increase in Proven Reserve tonnes \(+45%\).

- Positive factor: NI 43-101 compliant and QP signed.

- Negative factor: Proven Reserve grades for silver decreased by 20% compared to the prior estimate.

- Negative factor: Contained silver in Proven Reserves decreased compared to prior estimate.

Evidence · table

> 1.89

Context: 4.43

#### Tags used in scoring

**Proven Reserve**

Polarity: positive

Definition: Measured Resource with demonstrated economic viability after applying modifying factors.

Why it applies: category is "proven"

**Cut-off Disclosed**

Polarity: positive

Definition: Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.

Why it applies: cutoff\_grade is stated

**QP/CP Signed**

Polarity: positive

Definition: Qualified Person \(QP\) or Competent Person \(CP\) named and signed off — a member of a recognized professional association \(e.g., AusIMM, SME, AIG, P.Geo\) with relevant experience.

Why it applies: qp\_signed is true

**NI 43-101 Compliant**

Polarity: positive

Definition: Resource estimate prepared in compliance with NI 43-101 \(Canada\) — high reporting standard.

Why it applies: reporting\_standards includes ni\_43\_101

**No Contained Metal**

Polarity: negative

Definition: Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.

Why it applies: contained\_metal was not reported

### probable

[Link to this fact](https://atlas-extractions.minestarters.com/news/silvercorp-reports-a-mineral-reserve-increase-of-50-in-tonnes-and-20-in-silver-o--435d05fb-84b9-4dd1-8aab-3f3bc6747001#fact-resource-facts-29)

Ying Mining District · gold

#### Identity

- Project: Ying Mining District
- Commodity: gold
- Region: china
- Reported Region: Henan Province, People's Republic of China
- Ticker: SVM

#### Resource scope

- Estimate type: reserve
- Effective date: 2025-12-31T00:00:00.000Z
- Reporting standards: ni\_43\_101
- QP Signed: Yes
- Qualified person names: HA Smith, GK Vartell, S Robinson, RC Stewart, JE Glanvill, A Wilkins, B Nielsen, M Kent, R Carlson, RJ Chesher, D Claffey
- Resource group id: resource:86c1a83c0cf11af3dfc8
- Deposit or zone: Ying Mines
- Mining method: underground

#### Resource Data

- Category: probable
- Tonnes: 2810000
- Grade: 0.03
- Grade Unit: g/t
- Cutoff Grade: 155
- Cutoff Unit: g/t AgEq

#### Prior Estimate

- Resource Date: 2025-12-31

#### Metal Equivalent

- Assumptions Disclosed: Yes

#### Review

- Needs Review: No
- Historical: No

#### Dates

- Event date: 2026-06-12T00:00:00.000Z

Reasoning: Probable Reserves for silver show strong tonnage growth but a notable decrease in grade and contained metal, which is a mixed signal. \(Expanded from multi-commodity resource table for completeness.\)

- Positive factor: Significant increase in Probable Reserve tonnes \(+55%\).

- Positive factor: NI 43-101 compliant and QP signed.

- Negative factor: Probable Reserve grades for silver decreased by 20% compared to the prior estimate.

- Negative factor: Contained silver in Probable Reserves decreased compared to prior estimate.

Evidence · table

> 0.03

Context: 2.81

#### Tags used in scoring

**Probable Reserve**

Polarity: positive

Definition: Indicated Resource with demonstrated economic viability after applying modifying factors.

Why it applies: category is "probable"

**Cut-off Disclosed**

Polarity: positive

Definition: Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.

Why it applies: cutoff\_grade is stated

**QP/CP Signed**

Polarity: positive

Definition: Qualified Person \(QP\) or Competent Person \(CP\) named and signed off — a member of a recognized professional association \(e.g., AusIMM, SME, AIG, P.Geo\) with relevant experience.

Why it applies: qp\_signed is true

**NI 43-101 Compliant**

Polarity: positive

Definition: Resource estimate prepared in compliance with NI 43-101 \(Canada\) — high reporting standard.

Why it applies: reporting\_standards includes ni\_43\_101

**No Contained Metal**

Polarity: negative

Definition: Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.

Why it applies: contained\_metal was not reported

### probable

[Link to this fact](https://atlas-extractions.minestarters.com/news/silvercorp-reports-a-mineral-reserve-increase-of-50-in-tonnes-and-20-in-silver-o--435d05fb-84b9-4dd1-8aab-3f3bc6747001#fact-resource-facts-30)

Ying Mining District · silver

#### Identity

- Project: Ying Mining District
- Commodity: silver
- Region: china
- Reported Region: Henan Province, People's Republic of China
- Ticker: SVM

#### Resource scope

- Estimate type: reserve
- Effective date: 2025-12-31T00:00:00.000Z
- Reporting standards: ni\_43\_101
- QP Signed: Yes
- Qualified person names: HA Smith, GK Vartell, S Robinson, RC Stewart, JE Glanvill, A Wilkins, B Nielsen, M Kent, R Carlson, RJ Chesher, D Claffey
- Resource group id: resource:86c1a83c0cf11af3dfc8
- Deposit or zone: Ying Mines
- Mining method: underground

#### Resource Data

- Category: probable
- Tonnes: 2810000
- Grade: 198
- Grade Unit: g/t
- Cutoff Grade: 155
- Cutoff Unit: g/t AgEq

#### Prior Estimate

- Resource Date: 2025-12-31

#### Metal Equivalent

- Assumptions Disclosed: Yes

#### Review

- Needs Review: No
- Historical: No

#### Dates

- Event date: 2026-06-12T00:00:00.000Z

Reasoning: Probable Reserves for silver show strong tonnage growth but a notable decrease in grade and contained metal, which is a mixed signal. \(Expanded from multi-commodity resource table for completeness.\)

- Positive factor: Significant increase in Probable Reserve tonnes \(+55%\).

- Positive factor: NI 43-101 compliant and QP signed.

- Negative factor: Probable Reserve grades for silver decreased by 20% compared to the prior estimate.

- Negative factor: Contained silver in Probable Reserves decreased compared to prior estimate.

Evidence · table

> 198

Context: 2.81

#### Tags used in scoring

**Probable Reserve**

Polarity: positive

Definition: Indicated Resource with demonstrated economic viability after applying modifying factors.

Why it applies: category is "probable"

**Cut-off Disclosed**

Polarity: positive

Definition: Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.

Why it applies: cutoff\_grade is stated

**QP/CP Signed**

Polarity: positive

Definition: Qualified Person \(QP\) or Competent Person \(CP\) named and signed off — a member of a recognized professional association \(e.g., AusIMM, SME, AIG, P.Geo\) with relevant experience.

Why it applies: qp\_signed is true

**NI 43-101 Compliant**

Polarity: positive

Definition: Resource estimate prepared in compliance with NI 43-101 \(Canada\) — high reporting standard.

Why it applies: reporting\_standards includes ni\_43\_101

**No Contained Metal**

Polarity: negative

Definition: Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.

Why it applies: contained\_metal was not reported

### probable

[Link to this fact](https://atlas-extractions.minestarters.com/news/silvercorp-reports-a-mineral-reserve-increase-of-50-in-tonnes-and-20-in-silver-o--435d05fb-84b9-4dd1-8aab-3f3bc6747001#fact-resource-facts-31)

Ying Mining District · lead

#### Identity

- Project: Ying Mining District
- Commodity: lead
- Region: china
- Reported Region: Henan Province, People's Republic of China
- Ticker: SVM

#### Resource scope

- Estimate type: reserve
- Effective date: 2025-12-31T00:00:00.000Z
- Reporting standards: ni\_43\_101
- QP Signed: Yes
- Qualified person names: HA Smith, GK Vartell, S Robinson, RC Stewart, JE Glanvill, A Wilkins, B Nielsen, M Kent, R Carlson, RJ Chesher, D Claffey
- Resource group id: resource:86c1a83c0cf11af3dfc8
- Deposit or zone: Ying Mines
- Mining method: underground

#### Resource Data

- Category: probable
- Tonnes: 2810000
- Grade: 3.7
- Grade Unit: %
- Cutoff Grade: 155
- Cutoff Unit: g/t AgEq

#### Prior Estimate

- Resource Date: 2025-12-31

#### Metal Equivalent

- Assumptions Disclosed: Yes

#### Review

- Needs Review: No
- Historical: No

#### Dates

- Event date: 2026-06-12T00:00:00.000Z

Reasoning: Probable Reserves for silver show strong tonnage growth but a notable decrease in grade and contained metal, which is a mixed signal. \(Expanded from multi-commodity resource table for completeness.\)

- Positive factor: Significant increase in Probable Reserve tonnes \(+55%\).

- Positive factor: NI 43-101 compliant and QP signed.

- Negative factor: Probable Reserve grades for silver decreased by 20% compared to the prior estimate.

- Negative factor: Contained silver in Probable Reserves decreased compared to prior estimate.

Evidence · table

> 3.70

Context: 2.81

#### Tags used in scoring

**Probable Reserve**

Polarity: positive

Definition: Indicated Resource with demonstrated economic viability after applying modifying factors.

Why it applies: category is "probable"

**Cut-off Disclosed**

Polarity: positive

Definition: Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.

Why it applies: cutoff\_grade is stated

**QP/CP Signed**

Polarity: positive

Definition: Qualified Person \(QP\) or Competent Person \(CP\) named and signed off — a member of a recognized professional association \(e.g., AusIMM, SME, AIG, P.Geo\) with relevant experience.

Why it applies: qp\_signed is true

**NI 43-101 Compliant**

Polarity: positive

Definition: Resource estimate prepared in compliance with NI 43-101 \(Canada\) — high reporting standard.

Why it applies: reporting\_standards includes ni\_43\_101

**No Contained Metal**

Polarity: negative

Definition: Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.

Why it applies: contained\_metal was not reported

### probable

[Link to this fact](https://atlas-extractions.minestarters.com/news/silvercorp-reports-a-mineral-reserve-increase-of-50-in-tonnes-and-20-in-silver-o--435d05fb-84b9-4dd1-8aab-3f3bc6747001#fact-resource-facts-32)

Ying Mining District · zinc

#### Identity

- Project: Ying Mining District
- Commodity: zinc
- Region: china
- Reported Region: Henan Province, People's Republic of China
- Ticker: SVM

#### Resource scope

- Estimate type: reserve
- Effective date: 2025-12-31T00:00:00.000Z
- Reporting standards: ni\_43\_101
- QP Signed: Yes
- Qualified person names: HA Smith, GK Vartell, S Robinson, RC Stewart, JE Glanvill, A Wilkins, B Nielsen, M Kent, R Carlson, RJ Chesher, D Claffey
- Resource group id: resource:86c1a83c0cf11af3dfc8
- Deposit or zone: Ying Mines
- Mining method: underground

#### Resource Data

- Category: probable
- Tonnes: 2810000
- Grade: 1.7
- Grade Unit: %
- Cutoff Grade: 155
- Cutoff Unit: g/t AgEq

#### Prior Estimate

- Resource Date: 2025-12-31

#### Metal Equivalent

- Assumptions Disclosed: Yes

#### Review

- Needs Review: No
- Historical: No

#### Dates

- Event date: 2026-06-12T00:00:00.000Z

Reasoning: Probable Reserves for silver show strong tonnage growth but a notable decrease in grade and contained metal, which is a mixed signal. \(Expanded from multi-commodity resource table for completeness.\)

- Positive factor: Significant increase in Probable Reserve tonnes \(+55%\).

- Positive factor: NI 43-101 compliant and QP signed.

- Negative factor: Probable Reserve grades for silver decreased by 20% compared to the prior estimate.

- Negative factor: Contained silver in Probable Reserves decreased compared to prior estimate.

Evidence · table

> 1.70

Context: 2.81

#### Tags used in scoring

**Probable Reserve**

Polarity: positive

Definition: Indicated Resource with demonstrated economic viability after applying modifying factors.

Why it applies: category is "probable"

**Cut-off Disclosed**

Polarity: positive

Definition: Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.

Why it applies: cutoff\_grade is stated

**QP/CP Signed**

Polarity: positive

Definition: Qualified Person \(QP\) or Competent Person \(CP\) named and signed off — a member of a recognized professional association \(e.g., AusIMM, SME, AIG, P.Geo\) with relevant experience.

Why it applies: qp\_signed is true

**NI 43-101 Compliant**

Polarity: positive

Definition: Resource estimate prepared in compliance with NI 43-101 \(Canada\) — high reporting standard.

Why it applies: reporting\_standards includes ni\_43\_101

**No Contained Metal**

Polarity: negative

Definition: Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.

Why it applies: contained\_metal was not reported

### probable

[Link to this fact](https://atlas-extractions.minestarters.com/news/silvercorp-reports-a-mineral-reserve-increase-of-50-in-tonnes-and-20-in-silver-o--435d05fb-84b9-4dd1-8aab-3f3bc6747001#fact-resource-facts-33)

Ying Mining District · gold

#### Identity

- Project: Ying Mining District
- Commodity: gold
- Region: china
- Reported Region: Henan Province, People's Republic of China
- Ticker: SVM

#### Resource scope

- Estimate type: reserve
- Effective date: 2025-12-31T00:00:00.000Z
- Reporting standards: ni\_43\_101
- QP Signed: Yes
- Qualified person names: HA Smith, GK Vartell, S Robinson, RC Stewart, JE Glanvill, A Wilkins, B Nielsen, M Kent, R Carlson, RJ Chesher, D Claffey
- Resource group id: resource:a721601a7ca8bdc05830
- Deposit or zone: Ying Mines
- Mining method: underground

#### Resource Data

- Category: probable
- Tonnes: 7240000
- Grade: 0.04
- Grade Unit: g/t
- Cutoff Grade: 155
- Cutoff Unit: g/t AgEq

#### Prior Estimate

- Resource Date: 2025-12-31

#### Metal Equivalent

- Assumptions Disclosed: Yes

#### Review

- Needs Review: No
- Historical: No

#### Dates

- Event date: 2026-06-12T00:00:00.000Z

Reasoning: Probable Reserves for silver show strong tonnage growth but a notable decrease in grade and contained metal, which is a mixed signal. \(Expanded from multi-commodity resource table for completeness.\)

- Positive factor: Significant increase in Probable Reserve tonnes \(+55%\).

- Positive factor: NI 43-101 compliant and QP signed.

- Negative factor: Probable Reserve grades for silver decreased by 20% compared to the prior estimate.

- Negative factor: Contained silver in Probable Reserves decreased compared to prior estimate.

Evidence · table

> 0.04

Context: 7.24

#### Tags used in scoring

**Probable Reserve**

Polarity: positive

Definition: Indicated Resource with demonstrated economic viability after applying modifying factors.

Why it applies: category is "probable"

**Cut-off Disclosed**

Polarity: positive

Definition: Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.

Why it applies: cutoff\_grade is stated

**QP/CP Signed**

Polarity: positive

Definition: Qualified Person \(QP\) or Competent Person \(CP\) named and signed off — a member of a recognized professional association \(e.g., AusIMM, SME, AIG, P.Geo\) with relevant experience.

Why it applies: qp\_signed is true

**NI 43-101 Compliant**

Polarity: positive

Definition: Resource estimate prepared in compliance with NI 43-101 \(Canada\) — high reporting standard.

Why it applies: reporting\_standards includes ni\_43\_101

**No Contained Metal**

Polarity: negative

Definition: Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.

Why it applies: contained\_metal was not reported

### probable

[Link to this fact](https://atlas-extractions.minestarters.com/news/silvercorp-reports-a-mineral-reserve-increase-of-50-in-tonnes-and-20-in-silver-o--435d05fb-84b9-4dd1-8aab-3f3bc6747001#fact-resource-facts-34)

Ying Mining District · silver

#### Identity

- Project: Ying Mining District
- Commodity: silver
- Region: china
- Reported Region: Henan Province, People's Republic of China
- Ticker: SVM

#### Resource scope

- Estimate type: reserve
- Effective date: 2025-12-31T00:00:00.000Z
- Reporting standards: ni\_43\_101
- QP Signed: Yes
- Qualified person names: HA Smith, GK Vartell, S Robinson, RC Stewart, JE Glanvill, A Wilkins, B Nielsen, M Kent, R Carlson, RJ Chesher, D Claffey
- Resource group id: resource:a721601a7ca8bdc05830
- Deposit or zone: Ying Mines
- Mining method: underground

#### Resource Data

- Category: probable
- Tonnes: 7240000
- Grade: 200
- Grade Unit: g/t
- Cutoff Grade: 155
- Cutoff Unit: g/t AgEq

#### Prior Estimate

- Resource Date: 2025-12-31

#### Metal Equivalent

- Assumptions Disclosed: Yes

#### Review

- Needs Review: No
- Historical: No

#### Dates

- Event date: 2026-06-12T00:00:00.000Z

Reasoning: Probable Reserves for silver show strong tonnage growth but a notable decrease in grade and contained metal, which is a mixed signal. \(Expanded from multi-commodity resource table for completeness.\)

- Positive factor: Significant increase in Probable Reserve tonnes \(+55%\).

- Positive factor: NI 43-101 compliant and QP signed.

- Negative factor: Probable Reserve grades for silver decreased by 20% compared to the prior estimate.

- Negative factor: Contained silver in Probable Reserves decreased compared to prior estimate.

Evidence · table

> 200

Context: 7.24

#### Tags used in scoring

**Probable Reserve**

Polarity: positive

Definition: Indicated Resource with demonstrated economic viability after applying modifying factors.

Why it applies: category is "probable"

**Cut-off Disclosed**

Polarity: positive

Definition: Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.

Why it applies: cutoff\_grade is stated

**QP/CP Signed**

Polarity: positive

Definition: Qualified Person \(QP\) or Competent Person \(CP\) named and signed off — a member of a recognized professional association \(e.g., AusIMM, SME, AIG, P.Geo\) with relevant experience.

Why it applies: qp\_signed is true

**NI 43-101 Compliant**

Polarity: positive

Definition: Resource estimate prepared in compliance with NI 43-101 \(Canada\) — high reporting standard.

Why it applies: reporting\_standards includes ni\_43\_101

**No Contained Metal**

Polarity: negative

Definition: Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.

Why it applies: contained\_metal was not reported

### probable

[Link to this fact](https://atlas-extractions.minestarters.com/news/silvercorp-reports-a-mineral-reserve-increase-of-50-in-tonnes-and-20-in-silver-o--435d05fb-84b9-4dd1-8aab-3f3bc6747001#fact-resource-facts-35)

Ying Mining District · lead

#### Identity

- Project: Ying Mining District
- Commodity: lead
- Region: china
- Reported Region: Henan Province, People's Republic of China
- Ticker: SVM

#### Resource scope

- Estimate type: reserve
- Effective date: 2025-12-31T00:00:00.000Z
- Reporting standards: ni\_43\_101
- QP Signed: Yes
- Qualified person names: HA Smith, GK Vartell, S Robinson, RC Stewart, JE Glanvill, A Wilkins, B Nielsen, M Kent, R Carlson, RJ Chesher, D Claffey
- Resource group id: resource:a721601a7ca8bdc05830
- Deposit or zone: Ying Mines
- Mining method: underground

#### Resource Data

- Category: probable
- Tonnes: 7240000
- Grade: 3.87
- Grade Unit: %
- Cutoff Grade: 155
- Cutoff Unit: g/t AgEq

#### Prior Estimate

- Resource Date: 2025-12-31

#### Metal Equivalent

- Assumptions Disclosed: Yes

#### Review

- Needs Review: No
- Historical: No

#### Dates

- Event date: 2026-06-12T00:00:00.000Z

Reasoning: Probable Reserves for silver show strong tonnage growth but a notable decrease in grade and contained metal, which is a mixed signal. \(Expanded from multi-commodity resource table for completeness.\)

- Positive factor: Significant increase in Probable Reserve tonnes \(+55%\).

- Positive factor: NI 43-101 compliant and QP signed.

- Negative factor: Probable Reserve grades for silver decreased by 20% compared to the prior estimate.

- Negative factor: Contained silver in Probable Reserves decreased compared to prior estimate.

Evidence · table

> 3.87

Context: 7.24

#### Tags used in scoring

**Probable Reserve**

Polarity: positive

Definition: Indicated Resource with demonstrated economic viability after applying modifying factors.

Why it applies: category is "probable"

**Cut-off Disclosed**

Polarity: positive

Definition: Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.

Why it applies: cutoff\_grade is stated

**QP/CP Signed**

Polarity: positive

Definition: Qualified Person \(QP\) or Competent Person \(CP\) named and signed off — a member of a recognized professional association \(e.g., AusIMM, SME, AIG, P.Geo\) with relevant experience.

Why it applies: qp\_signed is true

**NI 43-101 Compliant**

Polarity: positive

Definition: Resource estimate prepared in compliance with NI 43-101 \(Canada\) — high reporting standard.

Why it applies: reporting\_standards includes ni\_43\_101

**No Contained Metal**

Polarity: negative

Definition: Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.

Why it applies: contained\_metal was not reported

### probable

[Link to this fact](https://atlas-extractions.minestarters.com/news/silvercorp-reports-a-mineral-reserve-increase-of-50-in-tonnes-and-20-in-silver-o--435d05fb-84b9-4dd1-8aab-3f3bc6747001#fact-resource-facts-36)

Ying Mining District · zinc

#### Identity

- Project: Ying Mining District
- Commodity: zinc
- Region: china
- Reported Region: Henan Province, People's Republic of China
- Ticker: SVM

#### Resource scope

- Estimate type: reserve
- Effective date: 2025-12-31T00:00:00.000Z
- Reporting standards: ni\_43\_101
- QP Signed: Yes
- Qualified person names: HA Smith, GK Vartell, S Robinson, RC Stewart, JE Glanvill, A Wilkins, B Nielsen, M Kent, R Carlson, RJ Chesher, D Claffey
- Resource group id: resource:a721601a7ca8bdc05830
- Deposit or zone: Ying Mines
- Mining method: underground

#### Resource Data

- Category: probable
- Tonnes: 7240000
- Grade: 1.81
- Grade Unit: %
- Cutoff Grade: 155
- Cutoff Unit: g/t AgEq

#### Prior Estimate

- Resource Date: 2025-12-31

#### Metal Equivalent

- Assumptions Disclosed: Yes

#### Review

- Needs Review: No
- Historical: No

#### Dates

- Event date: 2026-06-12T00:00:00.000Z

Reasoning: Probable Reserves for silver show strong tonnage growth but a notable decrease in grade and contained metal, which is a mixed signal. \(Expanded from multi-commodity resource table for completeness.\)

- Positive factor: Significant increase in Probable Reserve tonnes \(+55%\).

- Positive factor: NI 43-101 compliant and QP signed.

- Negative factor: Probable Reserve grades for silver decreased by 20% compared to the prior estimate.

- Negative factor: Contained silver in Probable Reserves decreased compared to prior estimate.

Evidence · table

> 1.81

Context: 7.24

#### Tags used in scoring

**Probable Reserve**

Polarity: positive

Definition: Indicated Resource with demonstrated economic viability after applying modifying factors.

Why it applies: category is "probable"

**Cut-off Disclosed**

Polarity: positive

Definition: Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.

Why it applies: cutoff\_grade is stated

**QP/CP Signed**

Polarity: positive

Definition: Qualified Person \(QP\) or Competent Person \(CP\) named and signed off — a member of a recognized professional association \(e.g., AusIMM, SME, AIG, P.Geo\) with relevant experience.

Why it applies: qp\_signed is true

**NI 43-101 Compliant**

Polarity: positive

Definition: Resource estimate prepared in compliance with NI 43-101 \(Canada\) — high reporting standard.

Why it applies: reporting\_standards includes ni\_43\_101

**No Contained Metal**

Polarity: negative

Definition: Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.

Why it applies: contained\_metal was not reported

### proven

[Link to this fact](https://atlas-extractions.minestarters.com/news/silvercorp-reports-a-mineral-reserve-increase-of-50-in-tonnes-and-20-in-silver-o--435d05fb-84b9-4dd1-8aab-3f3bc6747001#fact-resource-facts-37)

Ying Mining District · silver

#### Identity

- Project: Ying Mining District
- Commodity: silver
- Region: china
- Reported Region: Henan Province, People's Republic of China
- Ticker: SVM

#### Resource scope

- Estimate type: reserve
- Effective date: 2025-12-31T00:00:00.000Z
- Reporting standards: ni\_43\_101
- QP Signed: Yes
- Qualified person names: HA Smith, GK Vartell, S Robinson, RC Stewart, JE Glanvill, A Wilkins, B Nielsen, M Kent, R Carlson, RJ Chesher, D Claffey
- Resource group id: resource:addb06ed7c616b995108
- Deposit or zone: Ying Mines
- Mining method: underground

#### Resource Data

- Category: proven
- Tonnes: 530000
- Grade: 212
- Grade Unit: g/t
- Cutoff Grade: 180
- Cutoff Unit: g/t AgEq

#### Prior Estimate

- Resource Date: 2025-12-31

#### Metal Equivalent

- Assumptions Disclosed: Yes

#### Review

- Needs Review: No
- Historical: No

#### Dates

- Event date: 2026-06-12T00:00:00.000Z

Reasoning: Proven Reserves for silver show strong tonnage growth but a notable decrease in grade and contained metal, which is a mixed signal. \(Expanded from multi-commodity resource table for completeness.\)

- Positive factor: Significant increase in Proven Reserve tonnes \(+45%\).

- Positive factor: NI 43-101 compliant and QP signed.

- Negative factor: Proven Reserve grades for silver decreased by 20% compared to the prior estimate.

- Negative factor: Contained silver in Proven Reserves decreased compared to prior estimate.

Evidence · table

> 212

Context: 0.53

#### Tags used in scoring

**Proven Reserve**

Polarity: positive

Definition: Measured Resource with demonstrated economic viability after applying modifying factors.

Why it applies: category is "proven"

**Cut-off Disclosed**

Polarity: positive

Definition: Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.

Why it applies: cutoff\_grade is stated

**QP/CP Signed**

Polarity: positive

Definition: Qualified Person \(QP\) or Competent Person \(CP\) named and signed off — a member of a recognized professional association \(e.g., AusIMM, SME, AIG, P.Geo\) with relevant experience.

Why it applies: qp\_signed is true

**NI 43-101 Compliant**

Polarity: positive

Definition: Resource estimate prepared in compliance with NI 43-101 \(Canada\) — high reporting standard.

Why it applies: reporting\_standards includes ni\_43\_101

**No Contained Metal**

Polarity: negative

Definition: Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.

Why it applies: contained\_metal was not reported

### proven

[Link to this fact](https://atlas-extractions.minestarters.com/news/silvercorp-reports-a-mineral-reserve-increase-of-50-in-tonnes-and-20-in-silver-o--435d05fb-84b9-4dd1-8aab-3f3bc6747001#fact-resource-facts-38)

Ying Mining District · lead

#### Identity

- Project: Ying Mining District
- Commodity: lead
- Region: china
- Reported Region: Henan Province, People's Republic of China
- Ticker: SVM

#### Resource scope

- Estimate type: reserve
- Effective date: 2025-12-31T00:00:00.000Z
- Reporting standards: ni\_43\_101
- QP Signed: Yes
- Qualified person names: HA Smith, GK Vartell, S Robinson, RC Stewart, JE Glanvill, A Wilkins, B Nielsen, M Kent, R Carlson, RJ Chesher, D Claffey
- Resource group id: resource:addb06ed7c616b995108
- Deposit or zone: Ying Mines
- Mining method: underground

#### Resource Data

- Category: proven
- Tonnes: 530000
- Grade: 0.75
- Grade Unit: %
- Cutoff Grade: 180
- Cutoff Unit: g/t AgEq

#### Prior Estimate

- Resource Date: 2025-12-31

#### Metal Equivalent

- Assumptions Disclosed: Yes

#### Review

- Needs Review: No
- Historical: No

#### Dates

- Event date: 2026-06-12T00:00:00.000Z

Reasoning: Proven Reserves for silver show strong tonnage growth but a notable decrease in grade and contained metal, which is a mixed signal. \(Expanded from multi-commodity resource table for completeness.\)

- Positive factor: Significant increase in Proven Reserve tonnes \(+45%\).

- Positive factor: NI 43-101 compliant and QP signed.

- Negative factor: Proven Reserve grades for silver decreased by 20% compared to the prior estimate.

- Negative factor: Contained silver in Proven Reserves decreased compared to prior estimate.

Evidence · table

> 0.75

Context: 0.53

#### Tags used in scoring

**Proven Reserve**

Polarity: positive

Definition: Measured Resource with demonstrated economic viability after applying modifying factors.

Why it applies: category is "proven"

**Cut-off Disclosed**

Polarity: positive

Definition: Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.

Why it applies: cutoff\_grade is stated

**QP/CP Signed**

Polarity: positive

Definition: Qualified Person \(QP\) or Competent Person \(CP\) named and signed off — a member of a recognized professional association \(e.g., AusIMM, SME, AIG, P.Geo\) with relevant experience.

Why it applies: qp\_signed is true

**NI 43-101 Compliant**

Polarity: positive

Definition: Resource estimate prepared in compliance with NI 43-101 \(Canada\) — high reporting standard.

Why it applies: reporting\_standards includes ni\_43\_101

**No Contained Metal**

Polarity: negative

Definition: Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.

Why it applies: contained\_metal was not reported

### proven

[Link to this fact](https://atlas-extractions.minestarters.com/news/silvercorp-reports-a-mineral-reserve-increase-of-50-in-tonnes-and-20-in-silver-o--435d05fb-84b9-4dd1-8aab-3f3bc6747001#fact-resource-facts-39)

Ying Mining District · copper

#### Identity

- Project: Ying Mining District
- Commodity: copper
- Region: china
- Reported Region: Henan Province, People's Republic of China
- Ticker: SVM

#### Resource scope

- Estimate type: reserve
- Effective date: 2025-12-31T00:00:00.000Z
- Reporting standards: ni\_43\_101
- QP Signed: Yes
- Qualified person names: HA Smith, GK Vartell, S Robinson, RC Stewart, JE Glanvill, A Wilkins, B Nielsen, M Kent, R Carlson, RJ Chesher, D Claffey
- Resource group id: resource:addb06ed7c616b995108
- Deposit or zone: Ying Mines
- Mining method: underground

#### Resource Data

- Category: proven
- Tonnes: 530000
- Grade: 0.29
- Grade Unit: %
- Cutoff Grade: 180
- Cutoff Unit: g/t AgEq

#### Prior Estimate

- Resource Date: 2025-12-31

#### Metal Equivalent

- Assumptions Disclosed: Yes

#### Review

- Needs Review: No
- Historical: No

#### Dates

- Event date: 2026-06-12T00:00:00.000Z

Reasoning: Proven Reserves for silver show strong tonnage growth but a notable decrease in grade and contained metal, which is a mixed signal. \(Expanded from multi-commodity resource table for completeness.\)

- Positive factor: Significant increase in Proven Reserve tonnes \(+45%\).

- Positive factor: NI 43-101 compliant and QP signed.

- Negative factor: Proven Reserve grades for silver decreased by 20% compared to the prior estimate.

- Negative factor: Contained silver in Proven Reserves decreased compared to prior estimate.

Evidence · table

> 0.29

Context: 0.53

#### Tags used in scoring

**Proven Reserve**

Polarity: positive

Definition: Measured Resource with demonstrated economic viability after applying modifying factors.

Why it applies: category is "proven"

**Cut-off Disclosed**

Polarity: positive

Definition: Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.

Why it applies: cutoff\_grade is stated

**QP/CP Signed**

Polarity: positive

Definition: Qualified Person \(QP\) or Competent Person \(CP\) named and signed off — a member of a recognized professional association \(e.g., AusIMM, SME, AIG, P.Geo\) with relevant experience.

Why it applies: qp\_signed is true

**NI 43-101 Compliant**

Polarity: positive

Definition: Resource estimate prepared in compliance with NI 43-101 \(Canada\) — high reporting standard.

Why it applies: reporting\_standards includes ni\_43\_101

**No Contained Metal**

Polarity: negative

Definition: Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.

Why it applies: contained\_metal was not reported

### probable

[Link to this fact](https://atlas-extractions.minestarters.com/news/silvercorp-reports-a-mineral-reserve-increase-of-50-in-tonnes-and-20-in-silver-o--435d05fb-84b9-4dd1-8aab-3f3bc6747001#fact-resource-facts-40)

Ying Mining District · silver

#### Identity

- Project: Ying Mining District
- Commodity: silver
- Region: china
- Reported Region: Henan Province, People's Republic of China
- Ticker: SVM

#### Resource scope

- Estimate type: reserve
- Effective date: 2025-12-31T00:00:00.000Z
- Reporting standards: ni\_43\_101
- QP Signed: Yes
- Qualified person names: HA Smith, GK Vartell, S Robinson, RC Stewart, JE Glanvill, A Wilkins, B Nielsen, M Kent, R Carlson, RJ Chesher, D Claffey
- Resource group id: resource:407c757e05a2562f61c5
- Deposit or zone: Ying Mines
- Mining method: underground

#### Resource Data

- Category: probable
- Tonnes: 560000
- Grade: 185
- Grade Unit: g/t
- Cutoff Grade: 155
- Cutoff Unit: g/t AgEq

#### Prior Estimate

- Resource Date: 2025-12-31

#### Metal Equivalent

- Assumptions Disclosed: Yes

#### Review

- Needs Review: No
- Historical: No

#### Dates

- Event date: 2026-06-12T00:00:00.000Z

Reasoning: Probable Reserves for silver show strong tonnage growth but a notable decrease in grade and contained metal, which is a mixed signal. \(Expanded from multi-commodity resource table for completeness.\)

- Positive factor: Significant increase in Probable Reserve tonnes \(+55%\).

- Positive factor: NI 43-101 compliant and QP signed.

- Negative factor: Probable Reserve grades for silver decreased by 20% compared to the prior estimate.

- Negative factor: Contained silver in Probable Reserves decreased compared to prior estimate.

Evidence · table

> 185

Context: 0.56

#### Tags used in scoring

**Probable Reserve**

Polarity: positive

Definition: Indicated Resource with demonstrated economic viability after applying modifying factors.

Why it applies: category is "probable"

**Cut-off Disclosed**

Polarity: positive

Definition: Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.

Why it applies: cutoff\_grade is stated

**QP/CP Signed**

Polarity: positive

Definition: Qualified Person \(QP\) or Competent Person \(CP\) named and signed off — a member of a recognized professional association \(e.g., AusIMM, SME, AIG, P.Geo\) with relevant experience.

Why it applies: qp\_signed is true

**NI 43-101 Compliant**

Polarity: positive

Definition: Resource estimate prepared in compliance with NI 43-101 \(Canada\) — high reporting standard.

Why it applies: reporting\_standards includes ni\_43\_101

**No Contained Metal**

Polarity: negative

Definition: Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.

Why it applies: contained\_metal was not reported

### probable

[Link to this fact](https://atlas-extractions.minestarters.com/news/silvercorp-reports-a-mineral-reserve-increase-of-50-in-tonnes-and-20-in-silver-o--435d05fb-84b9-4dd1-8aab-3f3bc6747001#fact-resource-facts-41)

Ying Mining District · lead

#### Identity

- Project: Ying Mining District
- Commodity: lead
- Region: china
- Reported Region: Henan Province, People's Republic of China
- Ticker: SVM

#### Resource scope

- Estimate type: reserve
- Effective date: 2025-12-31T00:00:00.000Z
- Reporting standards: ni\_43\_101
- QP Signed: Yes
- Qualified person names: HA Smith, GK Vartell, S Robinson, RC Stewart, JE Glanvill, A Wilkins, B Nielsen, M Kent, R Carlson, RJ Chesher, D Claffey
- Resource group id: resource:407c757e05a2562f61c5
- Deposit or zone: Ying Mines
- Mining method: underground

#### Resource Data

- Category: probable
- Tonnes: 560000
- Grade: 0.64
- Grade Unit: %
- Cutoff Grade: 155
- Cutoff Unit: g/t AgEq

#### Prior Estimate

- Resource Date: 2025-12-31

#### Metal Equivalent

- Assumptions Disclosed: Yes

#### Review

- Needs Review: No
- Historical: No

#### Dates

- Event date: 2026-06-12T00:00:00.000Z

Reasoning: Probable Reserves for silver show strong tonnage growth but a notable decrease in grade and contained metal, which is a mixed signal. \(Expanded from multi-commodity resource table for completeness.\)

- Positive factor: Significant increase in Probable Reserve tonnes \(+55%\).

- Positive factor: NI 43-101 compliant and QP signed.

- Negative factor: Probable Reserve grades for silver decreased by 20% compared to the prior estimate.

- Negative factor: Contained silver in Probable Reserves decreased compared to prior estimate.

Evidence · table

> 0.64

Context: 0.56

#### Tags used in scoring

**Probable Reserve**

Polarity: positive

Definition: Indicated Resource with demonstrated economic viability after applying modifying factors.

Why it applies: category is "probable"

**Cut-off Disclosed**

Polarity: positive

Definition: Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.

Why it applies: cutoff\_grade is stated

**QP/CP Signed**

Polarity: positive

Definition: Qualified Person \(QP\) or Competent Person \(CP\) named and signed off — a member of a recognized professional association \(e.g., AusIMM, SME, AIG, P.Geo\) with relevant experience.

Why it applies: qp\_signed is true

**NI 43-101 Compliant**

Polarity: positive

Definition: Resource estimate prepared in compliance with NI 43-101 \(Canada\) — high reporting standard.

Why it applies: reporting\_standards includes ni\_43\_101

**No Contained Metal**

Polarity: negative

Definition: Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.

Why it applies: contained\_metal was not reported

### probable

[Link to this fact](https://atlas-extractions.minestarters.com/news/silvercorp-reports-a-mineral-reserve-increase-of-50-in-tonnes-and-20-in-silver-o--435d05fb-84b9-4dd1-8aab-3f3bc6747001#fact-resource-facts-42)

Ying Mining District · copper

#### Identity

- Project: Ying Mining District
- Commodity: copper
- Region: china
- Reported Region: Henan Province, People's Republic of China
- Ticker: SVM

#### Resource scope

- Estimate type: reserve
- Effective date: 2025-12-31T00:00:00.000Z
- Reporting standards: ni\_43\_101
- QP Signed: Yes
- Qualified person names: HA Smith, GK Vartell, S Robinson, RC Stewart, JE Glanvill, A Wilkins, B Nielsen, M Kent, R Carlson, RJ Chesher, D Claffey
- Resource group id: resource:407c757e05a2562f61c5
- Deposit or zone: Ying Mines
- Mining method: underground

#### Resource Data

- Category: probable
- Tonnes: 560000
- Grade: 0.26
- Grade Unit: %
- Cutoff Grade: 155
- Cutoff Unit: g/t AgEq

#### Prior Estimate

- Resource Date: 2025-12-31

#### Metal Equivalent

- Assumptions Disclosed: Yes

#### Review

- Needs Review: No
- Historical: No

#### Dates

- Event date: 2026-06-12T00:00:00.000Z

Reasoning: Probable Reserves for silver show strong tonnage growth but a notable decrease in grade and contained metal, which is a mixed signal. \(Expanded from multi-commodity resource table for completeness.\)

- Positive factor: Significant increase in Probable Reserve tonnes \(+55%\).

- Positive factor: NI 43-101 compliant and QP signed.

- Negative factor: Probable Reserve grades for silver decreased by 20% compared to the prior estimate.

- Negative factor: Contained silver in Probable Reserves decreased compared to prior estimate.

Evidence · table

> 0.26

Context: 0.56

#### Tags used in scoring

**Probable Reserve**

Polarity: positive

Definition: Indicated Resource with demonstrated economic viability after applying modifying factors.

Why it applies: category is "probable"

**Cut-off Disclosed**

Polarity: positive

Definition: Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.

Why it applies: cutoff\_grade is stated

**QP/CP Signed**

Polarity: positive

Definition: Qualified Person \(QP\) or Competent Person \(CP\) named and signed off — a member of a recognized professional association \(e.g., AusIMM, SME, AIG, P.Geo\) with relevant experience.

Why it applies: qp\_signed is true

**NI 43-101 Compliant**

Polarity: positive

Definition: Resource estimate prepared in compliance with NI 43-101 \(Canada\) — high reporting standard.

Why it applies: reporting\_standards includes ni\_43\_101

**No Contained Metal**

Polarity: negative

Definition: Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.

Why it applies: contained\_metal was not reported

### probable

[Link to this fact](https://atlas-extractions.minestarters.com/news/silvercorp-reports-a-mineral-reserve-increase-of-50-in-tonnes-and-20-in-silver-o--435d05fb-84b9-4dd1-8aab-3f3bc6747001#fact-resource-facts-43)

Ying Mining District · silver

#### Identity

- Project: Ying Mining District
- Commodity: silver
- Region: china
- Reported Region: Henan Province, People's Republic of China
- Ticker: SVM

#### Resource scope

- Estimate type: reserve
- Effective date: 2025-12-31T00:00:00.000Z
- Reporting standards: ni\_43\_101
- QP Signed: Yes
- Qualified person names: HA Smith, GK Vartell, S Robinson, RC Stewart, JE Glanvill, A Wilkins, B Nielsen, M Kent, R Carlson, RJ Chesher, D Claffey
- Resource group id: resource:363b27dfe020cea3d229
- Deposit or zone: Ying Mines
- Mining method: underground

#### Resource Data

- Category: probable
- Tonnes: 1090000
- Grade: 198
- Grade Unit: g/t
- Cutoff Grade: 155
- Cutoff Unit: g/t AgEq

#### Prior Estimate

- Resource Date: 2025-12-31

#### Metal Equivalent

- Assumptions Disclosed: Yes

#### Review

- Needs Review: No
- Historical: No

#### Dates

- Event date: 2026-06-12T00:00:00.000Z

Reasoning: Probable Reserves for silver show strong tonnage growth but a notable decrease in grade and contained metal, which is a mixed signal. \(Expanded from multi-commodity resource table for completeness.\)

- Positive factor: Significant increase in Probable Reserve tonnes \(+55%\).

- Positive factor: NI 43-101 compliant and QP signed.

- Negative factor: Probable Reserve grades for silver decreased by 20% compared to the prior estimate.

- Negative factor: Contained silver in Probable Reserves decreased compared to prior estimate.

Evidence · table

> 198

Context: 1.09

#### Tags used in scoring

**Probable Reserve**

Polarity: positive

Definition: Indicated Resource with demonstrated economic viability after applying modifying factors.

Why it applies: category is "probable"

**Cut-off Disclosed**

Polarity: positive

Definition: Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.

Why it applies: cutoff\_grade is stated

**QP/CP Signed**

Polarity: positive

Definition: Qualified Person \(QP\) or Competent Person \(CP\) named and signed off — a member of a recognized professional association \(e.g., AusIMM, SME, AIG, P.Geo\) with relevant experience.

Why it applies: qp\_signed is true

**NI 43-101 Compliant**

Polarity: positive

Definition: Resource estimate prepared in compliance with NI 43-101 \(Canada\) — high reporting standard.

Why it applies: reporting\_standards includes ni\_43\_101

**No Contained Metal**

Polarity: negative

Definition: Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.

Why it applies: contained\_metal was not reported

### probable

[Link to this fact](https://atlas-extractions.minestarters.com/news/silvercorp-reports-a-mineral-reserve-increase-of-50-in-tonnes-and-20-in-silver-o--435d05fb-84b9-4dd1-8aab-3f3bc6747001#fact-resource-facts-44)

Ying Mining District · lead

#### Identity

- Project: Ying Mining District
- Commodity: lead
- Region: china
- Reported Region: Henan Province, People's Republic of China
- Ticker: SVM

#### Resource scope

- Estimate type: reserve
- Effective date: 2025-12-31T00:00:00.000Z
- Reporting standards: ni\_43\_101
- QP Signed: Yes
- Qualified person names: HA Smith, GK Vartell, S Robinson, RC Stewart, JE Glanvill, A Wilkins, B Nielsen, M Kent, R Carlson, RJ Chesher, D Claffey
- Resource group id: resource:363b27dfe020cea3d229
- Deposit or zone: Ying Mines
- Mining method: underground

#### Resource Data

- Category: probable
- Tonnes: 1090000
- Grade: 0.69
- Grade Unit: %
- Cutoff Grade: 155
- Cutoff Unit: g/t AgEq

#### Prior Estimate

- Resource Date: 2025-12-31

#### Metal Equivalent

- Assumptions Disclosed: Yes

#### Review

- Needs Review: No
- Historical: No

#### Dates

- Event date: 2026-06-12T00:00:00.000Z

Reasoning: Probable Reserves for silver show strong tonnage growth but a notable decrease in grade and contained metal, which is a mixed signal. \(Expanded from multi-commodity resource table for completeness.\)

- Positive factor: Significant increase in Probable Reserve tonnes \(+55%\).

- Positive factor: NI 43-101 compliant and QP signed.

- Negative factor: Probable Reserve grades for silver decreased by 20% compared to the prior estimate.

- Negative factor: Contained silver in Probable Reserves decreased compared to prior estimate.

Evidence · table

> 0.69

Context: 1.09

#### Tags used in scoring

**Probable Reserve**

Polarity: positive

Definition: Indicated Resource with demonstrated economic viability after applying modifying factors.

Why it applies: category is "probable"

**Cut-off Disclosed**

Polarity: positive

Definition: Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.

Why it applies: cutoff\_grade is stated

**QP/CP Signed**

Polarity: positive

Definition: Qualified Person \(QP\) or Competent Person \(CP\) named and signed off — a member of a recognized professional association \(e.g., AusIMM, SME, AIG, P.Geo\) with relevant experience.

Why it applies: qp\_signed is true

**NI 43-101 Compliant**

Polarity: positive

Definition: Resource estimate prepared in compliance with NI 43-101 \(Canada\) — high reporting standard.

Why it applies: reporting\_standards includes ni\_43\_101

**No Contained Metal**

Polarity: negative

Definition: Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.

Why it applies: contained\_metal was not reported

### probable

[Link to this fact](https://atlas-extractions.minestarters.com/news/silvercorp-reports-a-mineral-reserve-increase-of-50-in-tonnes-and-20-in-silver-o--435d05fb-84b9-4dd1-8aab-3f3bc6747001#fact-resource-facts-45)

Ying Mining District · copper

#### Identity

- Project: Ying Mining District
- Commodity: copper
- Region: china
- Reported Region: Henan Province, People's Republic of China
- Ticker: SVM

#### Resource scope

- Estimate type: reserve
- Effective date: 2025-12-31T00:00:00.000Z
- Reporting standards: ni\_43\_101
- QP Signed: Yes
- Qualified person names: HA Smith, GK Vartell, S Robinson, RC Stewart, JE Glanvill, A Wilkins, B Nielsen, M Kent, R Carlson, RJ Chesher, D Claffey
- Resource group id: resource:363b27dfe020cea3d229
- Deposit or zone: Ying Mines
- Mining method: underground

#### Resource Data

- Category: probable
- Tonnes: 1090000
- Grade: 0.28
- Grade Unit: %
- Cutoff Grade: 155
- Cutoff Unit: g/t AgEq

#### Prior Estimate

- Resource Date: 2025-12-31

#### Metal Equivalent

- Assumptions Disclosed: Yes

#### Review

- Needs Review: No
- Historical: No

#### Dates

- Event date: 2026-06-12T00:00:00.000Z

Reasoning: Probable Reserves for silver show strong tonnage growth but a notable decrease in grade and contained metal, which is a mixed signal. \(Expanded from multi-commodity resource table for completeness.\)

- Positive factor: Significant increase in Probable Reserve tonnes \(+55%\).

- Positive factor: NI 43-101 compliant and QP signed.

- Negative factor: Probable Reserve grades for silver decreased by 20% compared to the prior estimate.

- Negative factor: Contained silver in Probable Reserves decreased compared to prior estimate.

Evidence · table

> 0.28

Context: 1.09

#### Tags used in scoring

**Probable Reserve**

Polarity: positive

Definition: Indicated Resource with demonstrated economic viability after applying modifying factors.

Why it applies: category is "probable"

**Cut-off Disclosed**

Polarity: positive

Definition: Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.

Why it applies: cutoff\_grade is stated

**QP/CP Signed**

Polarity: positive

Definition: Qualified Person \(QP\) or Competent Person \(CP\) named and signed off — a member of a recognized professional association \(e.g., AusIMM, SME, AIG, P.Geo\) with relevant experience.

Why it applies: qp\_signed is true

**NI 43-101 Compliant**

Polarity: positive

Definition: Resource estimate prepared in compliance with NI 43-101 \(Canada\) — high reporting standard.

Why it applies: reporting\_standards includes ni\_43\_101

**No Contained Metal**

Polarity: negative

Definition: Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.

Why it applies: contained\_metal was not reported

### proven

[Link to this fact](https://atlas-extractions.minestarters.com/news/silvercorp-reports-a-mineral-reserve-increase-of-50-in-tonnes-and-20-in-silver-o--435d05fb-84b9-4dd1-8aab-3f3bc6747001#fact-resource-facts-46)

Ying Mining District · gold

#### Identity

- Project: Ying Mining District
- Commodity: gold
- Region: china
- Reported Region: Henan Province, People's Republic of China
- Ticker: SVM

#### Resource scope

- Estimate type: reserve
- Effective date: 2025-12-31T00:00:00.000Z
- Reporting standards: ni\_43\_101
- QP Signed: Yes
- Qualified person names: HA Smith, GK Vartell, S Robinson, RC Stewart, JE Glanvill, A Wilkins, B Nielsen, M Kent, R Carlson, RJ Chesher, D Claffey
- Resource group id: resource:63e1f12a540b19c31ca0
- Deposit or zone: Ying Mines
- Mining method: underground

#### Resource Data

- Category: proven
- Tonnes: 680000
- Grade: 1.01
- Grade Unit: g/t
- Cutoff Grade: 180
- Cutoff Unit: g/t AgEq

#### Prior Estimate

- Resource Date: 2025-12-31

#### Metal Equivalent

- Assumptions Disclosed: Yes

#### Review

- Needs Review: No
- Historical: No

#### Dates

- Event date: 2026-06-12T00:00:00.000Z

Reasoning: Proven Reserves for silver show strong tonnage growth but a notable decrease in grade and contained metal, which is a mixed signal. \(Expanded from multi-commodity resource table for completeness.\)

- Positive factor: Significant increase in Proven Reserve tonnes \(+45%\).

- Positive factor: NI 43-101 compliant and QP signed.

- Negative factor: Proven Reserve grades for silver decreased by 20% compared to the prior estimate.

- Negative factor: Contained silver in Proven Reserves decreased compared to prior estimate.

Evidence · table

> 1.01

Context: 0.68

#### Tags used in scoring

**Proven Reserve**

Polarity: positive

Definition: Measured Resource with demonstrated economic viability after applying modifying factors.

Why it applies: category is "proven"

**Cut-off Disclosed**

Polarity: positive

Definition: Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.

Why it applies: cutoff\_grade is stated

**QP/CP Signed**

Polarity: positive

Definition: Qualified Person \(QP\) or Competent Person \(CP\) named and signed off — a member of a recognized professional association \(e.g., AusIMM, SME, AIG, P.Geo\) with relevant experience.

Why it applies: qp\_signed is true

**NI 43-101 Compliant**

Polarity: positive

Definition: Resource estimate prepared in compliance with NI 43-101 \(Canada\) — high reporting standard.

Why it applies: reporting\_standards includes ni\_43\_101

**No Contained Metal**

Polarity: negative

Definition: Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.

Why it applies: contained\_metal was not reported

### proven

[Link to this fact](https://atlas-extractions.minestarters.com/news/silvercorp-reports-a-mineral-reserve-increase-of-50-in-tonnes-and-20-in-silver-o--435d05fb-84b9-4dd1-8aab-3f3bc6747001#fact-resource-facts-47)

Ying Mining District · silver

#### Identity

- Project: Ying Mining District
- Commodity: silver
- Region: china
- Reported Region: Henan Province, People's Republic of China
- Ticker: SVM

#### Resource scope

- Estimate type: reserve
- Effective date: 2025-12-31T00:00:00.000Z
- Reporting standards: ni\_43\_101
- QP Signed: Yes
- Qualified person names: HA Smith, GK Vartell, S Robinson, RC Stewart, JE Glanvill, A Wilkins, B Nielsen, M Kent, R Carlson, RJ Chesher, D Claffey
- Resource group id: resource:63e1f12a540b19c31ca0
- Deposit or zone: Ying Mines
- Mining method: underground

#### Resource Data

- Category: proven
- Tonnes: 680000
- Grade: 62
- Grade Unit: g/t
- Cutoff Grade: 180
- Cutoff Unit: g/t AgEq

#### Prior Estimate

- Resource Date: 2025-12-31

#### Metal Equivalent

- Assumptions Disclosed: Yes

#### Review

- Needs Review: No
- Historical: No

#### Dates

- Event date: 2026-06-12T00:00:00.000Z

Reasoning: Proven Reserves for silver show strong tonnage growth but a notable decrease in grade and contained metal, which is a mixed signal. \(Expanded from multi-commodity resource table for completeness.\)

- Positive factor: Significant increase in Proven Reserve tonnes \(+45%\).

- Positive factor: NI 43-101 compliant and QP signed.

- Negative factor: Proven Reserve grades for silver decreased by 20% compared to the prior estimate.

- Negative factor: Contained silver in Proven Reserves decreased compared to prior estimate.

Evidence · table

> 62

Context: 0.68

#### Tags used in scoring

**Proven Reserve**

Polarity: positive

Definition: Measured Resource with demonstrated economic viability after applying modifying factors.

Why it applies: category is "proven"

**Cut-off Disclosed**

Polarity: positive

Definition: Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.

Why it applies: cutoff\_grade is stated

**QP/CP Signed**

Polarity: positive

Definition: Qualified Person \(QP\) or Competent Person \(CP\) named and signed off — a member of a recognized professional association \(e.g., AusIMM, SME, AIG, P.Geo\) with relevant experience.

Why it applies: qp\_signed is true

**NI 43-101 Compliant**

Polarity: positive

Definition: Resource estimate prepared in compliance with NI 43-101 \(Canada\) — high reporting standard.

Why it applies: reporting\_standards includes ni\_43\_101

**No Contained Metal**

Polarity: negative

Definition: Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.

Why it applies: contained\_metal was not reported

### proven

[Link to this fact](https://atlas-extractions.minestarters.com/news/silvercorp-reports-a-mineral-reserve-increase-of-50-in-tonnes-and-20-in-silver-o--435d05fb-84b9-4dd1-8aab-3f3bc6747001#fact-resource-facts-48)

Ying Mining District · lead

#### Identity

- Project: Ying Mining District
- Commodity: lead
- Region: china
- Reported Region: Henan Province, People's Republic of China
- Ticker: SVM

#### Resource scope

- Estimate type: reserve
- Effective date: 2025-12-31T00:00:00.000Z
- Reporting standards: ni\_43\_101
- QP Signed: Yes
- Qualified person names: HA Smith, GK Vartell, S Robinson, RC Stewart, JE Glanvill, A Wilkins, B Nielsen, M Kent, R Carlson, RJ Chesher, D Claffey
- Resource group id: resource:63e1f12a540b19c31ca0
- Deposit or zone: Ying Mines
- Mining method: underground

#### Resource Data

- Category: proven
- Tonnes: 680000
- Grade: 2.6
- Grade Unit: %
- Cutoff Grade: 180
- Cutoff Unit: g/t AgEq

#### Prior Estimate

- Resource Date: 2025-12-31

#### Metal Equivalent

- Assumptions Disclosed: Yes

#### Review

- Needs Review: No
- Historical: No

#### Dates

- Event date: 2026-06-12T00:00:00.000Z

Reasoning: Proven Reserves for silver show strong tonnage growth but a notable decrease in grade and contained metal, which is a mixed signal. \(Expanded from multi-commodity resource table for completeness.\)

- Positive factor: Significant increase in Proven Reserve tonnes \(+45%\).

- Positive factor: NI 43-101 compliant and QP signed.

- Negative factor: Proven Reserve grades for silver decreased by 20% compared to the prior estimate.

- Negative factor: Contained silver in Proven Reserves decreased compared to prior estimate.

Evidence · table

> 2.60

Context: 0.68

#### Tags used in scoring

**Proven Reserve**

Polarity: positive

Definition: Measured Resource with demonstrated economic viability after applying modifying factors.

Why it applies: category is "proven"

**Cut-off Disclosed**

Polarity: positive

Definition: Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.

Why it applies: cutoff\_grade is stated

**QP/CP Signed**

Polarity: positive

Definition: Qualified Person \(QP\) or Competent Person \(CP\) named and signed off — a member of a recognized professional association \(e.g., AusIMM, SME, AIG, P.Geo\) with relevant experience.

Why it applies: qp\_signed is true

**NI 43-101 Compliant**

Polarity: positive

Definition: Resource estimate prepared in compliance with NI 43-101 \(Canada\) — high reporting standard.

Why it applies: reporting\_standards includes ni\_43\_101

**No Contained Metal**

Polarity: negative

Definition: Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.

Why it applies: contained\_metal was not reported

### proven

[Link to this fact](https://atlas-extractions.minestarters.com/news/silvercorp-reports-a-mineral-reserve-increase-of-50-in-tonnes-and-20-in-silver-o--435d05fb-84b9-4dd1-8aab-3f3bc6747001#fact-resource-facts-49)

Ying Mining District · zinc

#### Identity

- Project: Ying Mining District
- Commodity: zinc
- Region: china
- Reported Region: Henan Province, People's Republic of China
- Ticker: SVM

#### Resource scope

- Estimate type: reserve
- Effective date: 2025-12-31T00:00:00.000Z
- Reporting standards: ni\_43\_101
- QP Signed: Yes
- Qualified person names: HA Smith, GK Vartell, S Robinson, RC Stewart, JE Glanvill, A Wilkins, B Nielsen, M Kent, R Carlson, RJ Chesher, D Claffey
- Resource group id: resource:63e1f12a540b19c31ca0
- Deposit or zone: Ying Mines
- Mining method: underground

#### Resource Data

- Category: proven
- Tonnes: 680000
- Grade: 0.61
- Grade Unit: %
- Cutoff Grade: 180
- Cutoff Unit: g/t AgEq

#### Prior Estimate

- Resource Date: 2025-12-31

#### Metal Equivalent

- Assumptions Disclosed: Yes

#### Review

- Needs Review: No
- Historical: No

#### Dates

- Event date: 2026-06-12T00:00:00.000Z

Reasoning: Proven Reserves for silver show strong tonnage growth but a notable decrease in grade and contained metal, which is a mixed signal. \(Expanded from multi-commodity resource table for completeness.\)

- Positive factor: Significant increase in Proven Reserve tonnes \(+45%\).

- Positive factor: NI 43-101 compliant and QP signed.

- Negative factor: Proven Reserve grades for silver decreased by 20% compared to the prior estimate.

- Negative factor: Contained silver in Proven Reserves decreased compared to prior estimate.

Evidence · table

> 0.61

Context: 0.68

#### Tags used in scoring

**Proven Reserve**

Polarity: positive

Definition: Measured Resource with demonstrated economic viability after applying modifying factors.

Why it applies: category is "proven"

**Cut-off Disclosed**

Polarity: positive

Definition: Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.

Why it applies: cutoff\_grade is stated

**QP/CP Signed**

Polarity: positive

Definition: Qualified Person \(QP\) or Competent Person \(CP\) named and signed off — a member of a recognized professional association \(e.g., AusIMM, SME, AIG, P.Geo\) with relevant experience.

Why it applies: qp\_signed is true

**NI 43-101 Compliant**

Polarity: positive

Definition: Resource estimate prepared in compliance with NI 43-101 \(Canada\) — high reporting standard.

Why it applies: reporting\_standards includes ni\_43\_101

**No Contained Metal**

Polarity: negative

Definition: Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.

Why it applies: contained\_metal was not reported

### proven

[Link to this fact](https://atlas-extractions.minestarters.com/news/silvercorp-reports-a-mineral-reserve-increase-of-50-in-tonnes-and-20-in-silver-o--435d05fb-84b9-4dd1-8aab-3f3bc6747001#fact-resource-facts-50)

Ying Mining District · copper

#### Identity

- Project: Ying Mining District
- Commodity: copper
- Region: china
- Reported Region: Henan Province, People's Republic of China
- Ticker: SVM

#### Resource scope

- Estimate type: reserve
- Effective date: 2025-12-31T00:00:00.000Z
- Reporting standards: ni\_43\_101
- QP Signed: Yes
- Qualified person names: HA Smith, GK Vartell, S Robinson, RC Stewart, JE Glanvill, A Wilkins, B Nielsen, M Kent, R Carlson, RJ Chesher, D Claffey
- Resource group id: resource:63e1f12a540b19c31ca0
- Deposit or zone: Ying Mines
- Mining method: underground

#### Resource Data

- Category: proven
- Tonnes: 680000
- Grade: 0.07
- Grade Unit: %
- Cutoff Grade: 180
- Cutoff Unit: g/t AgEq

#### Prior Estimate

- Resource Date: 2025-12-31

#### Metal Equivalent

- Assumptions Disclosed: Yes

#### Review

- Needs Review: No
- Historical: No

#### Dates

- Event date: 2026-06-12T00:00:00.000Z

Reasoning: Proven Reserves for silver show strong tonnage growth but a notable decrease in grade and contained metal, which is a mixed signal. \(Expanded from multi-commodity resource table for completeness.\)

- Positive factor: Significant increase in Proven Reserve tonnes \(+45%\).

- Positive factor: NI 43-101 compliant and QP signed.

- Negative factor: Proven Reserve grades for silver decreased by 20% compared to the prior estimate.

- Negative factor: Contained silver in Proven Reserves decreased compared to prior estimate.

Evidence · table

> 0.07

Context: 0.68

#### Tags used in scoring

**Proven Reserve**

Polarity: positive

Definition: Measured Resource with demonstrated economic viability after applying modifying factors.

Why it applies: category is "proven"

**Cut-off Disclosed**

Polarity: positive

Definition: Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.

Why it applies: cutoff\_grade is stated

**QP/CP Signed**

Polarity: positive

Definition: Qualified Person \(QP\) or Competent Person \(CP\) named and signed off — a member of a recognized professional association \(e.g., AusIMM, SME, AIG, P.Geo\) with relevant experience.

Why it applies: qp\_signed is true

**NI 43-101 Compliant**

Polarity: positive

Definition: Resource estimate prepared in compliance with NI 43-101 \(Canada\) — high reporting standard.

Why it applies: reporting\_standards includes ni\_43\_101

**No Contained Metal**

Polarity: negative

Definition: Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.

Why it applies: contained\_metal was not reported

### probable

[Link to this fact](https://atlas-extractions.minestarters.com/news/silvercorp-reports-a-mineral-reserve-increase-of-50-in-tonnes-and-20-in-silver-o--435d05fb-84b9-4dd1-8aab-3f3bc6747001#fact-resource-facts-51)

Ying Mining District · gold

#### Identity

- Project: Ying Mining District
- Commodity: gold
- Region: china
- Reported Region: Henan Province, People's Republic of China
- Ticker: SVM

#### Resource scope

- Estimate type: reserve
- Effective date: 2025-12-31T00:00:00.000Z
- Reporting standards: ni\_43\_101
- QP Signed: Yes
- Qualified person names: HA Smith, GK Vartell, S Robinson, RC Stewart, JE Glanvill, A Wilkins, B Nielsen, M Kent, R Carlson, RJ Chesher, D Claffey
- Resource group id: resource:c0303f3d4f0afef577e4
- Deposit or zone: Ying Mines
- Mining method: underground

#### Resource Data

- Category: probable
- Tonnes: 670000
- Grade: 0.96
- Grade Unit: g/t
- Cutoff Grade: 155
- Cutoff Unit: g/t AgEq

#### Prior Estimate

- Resource Date: 2025-12-31

#### Metal Equivalent

- Assumptions Disclosed: Yes

#### Review

- Needs Review: No
- Historical: No

#### Dates

- Event date: 2026-06-12T00:00:00.000Z

Reasoning: Probable Reserves for silver show strong tonnage growth but a notable decrease in grade and contained metal, which is a mixed signal. \(Expanded from multi-commodity resource table for completeness.\)

- Positive factor: Significant increase in Probable Reserve tonnes \(+55%\).

- Positive factor: NI 43-101 compliant and QP signed.

- Negative factor: Probable Reserve grades for silver decreased by 20% compared to the prior estimate.

- Negative factor: Contained silver in Probable Reserves decreased compared to prior estimate.

Evidence · table

> 0.96

Context: 0.67

#### Tags used in scoring

**Probable Reserve**

Polarity: positive

Definition: Indicated Resource with demonstrated economic viability after applying modifying factors.

Why it applies: category is "probable"

**Cut-off Disclosed**

Polarity: positive

Definition: Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.

Why it applies: cutoff\_grade is stated

**QP/CP Signed**

Polarity: positive

Definition: Qualified Person \(QP\) or Competent Person \(CP\) named and signed off — a member of a recognized professional association \(e.g., AusIMM, SME, AIG, P.Geo\) with relevant experience.

Why it applies: qp\_signed is true

**NI 43-101 Compliant**

Polarity: positive

Definition: Resource estimate prepared in compliance with NI 43-101 \(Canada\) — high reporting standard.

Why it applies: reporting\_standards includes ni\_43\_101

**No Contained Metal**

Polarity: negative

Definition: Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.

Why it applies: contained\_metal was not reported

### probable

[Link to this fact](https://atlas-extractions.minestarters.com/news/silvercorp-reports-a-mineral-reserve-increase-of-50-in-tonnes-and-20-in-silver-o--435d05fb-84b9-4dd1-8aab-3f3bc6747001#fact-resource-facts-52)

Ying Mining District · silver

#### Identity

- Project: Ying Mining District
- Commodity: silver
- Region: china
- Reported Region: Henan Province, People's Republic of China
- Ticker: SVM

#### Resource scope

- Estimate type: reserve
- Effective date: 2025-12-31T00:00:00.000Z
- Reporting standards: ni\_43\_101
- QP Signed: Yes
- Qualified person names: HA Smith, GK Vartell, S Robinson, RC Stewart, JE Glanvill, A Wilkins, B Nielsen, M Kent, R Carlson, RJ Chesher, D Claffey
- Resource group id: resource:c0303f3d4f0afef577e4
- Deposit or zone: Ying Mines
- Mining method: underground

#### Resource Data

- Category: probable
- Tonnes: 670000
- Grade: 61
- Grade Unit: g/t
- Cutoff Grade: 155
- Cutoff Unit: g/t AgEq

#### Prior Estimate

- Resource Date: 2025-12-31

#### Metal Equivalent

- Assumptions Disclosed: Yes

#### Review

- Needs Review: No
- Historical: No

#### Dates

- Event date: 2026-06-12T00:00:00.000Z

Reasoning: Probable Reserves for silver show strong tonnage growth but a notable decrease in grade and contained metal, which is a mixed signal. \(Expanded from multi-commodity resource table for completeness.\)

- Positive factor: Significant increase in Probable Reserve tonnes \(+55%\).

- Positive factor: NI 43-101 compliant and QP signed.

- Negative factor: Probable Reserve grades for silver decreased by 20% compared to the prior estimate.

- Negative factor: Contained silver in Probable Reserves decreased compared to prior estimate.

Evidence · table

> 61

Context: 0.67

#### Tags used in scoring

**Probable Reserve**

Polarity: positive

Definition: Indicated Resource with demonstrated economic viability after applying modifying factors.

Why it applies: category is "probable"

**Cut-off Disclosed**

Polarity: positive

Definition: Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.

Why it applies: cutoff\_grade is stated

**QP/CP Signed**

Polarity: positive

Definition: Qualified Person \(QP\) or Competent Person \(CP\) named and signed off — a member of a recognized professional association \(e.g., AusIMM, SME, AIG, P.Geo\) with relevant experience.

Why it applies: qp\_signed is true

**NI 43-101 Compliant**

Polarity: positive

Definition: Resource estimate prepared in compliance with NI 43-101 \(Canada\) — high reporting standard.

Why it applies: reporting\_standards includes ni\_43\_101

**No Contained Metal**

Polarity: negative

Definition: Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.

Why it applies: contained\_metal was not reported

### probable

[Link to this fact](https://atlas-extractions.minestarters.com/news/silvercorp-reports-a-mineral-reserve-increase-of-50-in-tonnes-and-20-in-silver-o--435d05fb-84b9-4dd1-8aab-3f3bc6747001#fact-resource-facts-53)

Ying Mining District · lead

#### Identity

- Project: Ying Mining District
- Commodity: lead
- Region: china
- Reported Region: Henan Province, People's Republic of China
- Ticker: SVM

#### Resource scope

- Estimate type: reserve
- Effective date: 2025-12-31T00:00:00.000Z
- Reporting standards: ni\_43\_101
- QP Signed: Yes
- Qualified person names: HA Smith, GK Vartell, S Robinson, RC Stewart, JE Glanvill, A Wilkins, B Nielsen, M Kent, R Carlson, RJ Chesher, D Claffey
- Resource group id: resource:c0303f3d4f0afef577e4
- Deposit or zone: Ying Mines
- Mining method: underground

#### Resource Data

- Category: probable
- Tonnes: 670000
- Grade: 2.36
- Grade Unit: %
- Cutoff Grade: 155
- Cutoff Unit: g/t AgEq

#### Prior Estimate

- Resource Date: 2025-12-31

#### Metal Equivalent

- Assumptions Disclosed: Yes

#### Review

- Needs Review: No
- Historical: No

#### Dates

- Event date: 2026-06-12T00:00:00.000Z

Reasoning: Probable Reserves for silver show strong tonnage growth but a notable decrease in grade and contained metal, which is a mixed signal. \(Expanded from multi-commodity resource table for completeness.\)

- Positive factor: Significant increase in Probable Reserve tonnes \(+55%\).

- Positive factor: NI 43-101 compliant and QP signed.

- Negative factor: Probable Reserve grades for silver decreased by 20% compared to the prior estimate.

- Negative factor: Contained silver in Probable Reserves decreased compared to prior estimate.

Evidence · table

> 2.36

Context: 0.67

#### Tags used in scoring

**Probable Reserve**

Polarity: positive

Definition: Indicated Resource with demonstrated economic viability after applying modifying factors.

Why it applies: category is "probable"

**Cut-off Disclosed**

Polarity: positive

Definition: Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.

Why it applies: cutoff\_grade is stated

**QP/CP Signed**

Polarity: positive

Definition: Qualified Person \(QP\) or Competent Person \(CP\) named and signed off — a member of a recognized professional association \(e.g., AusIMM, SME, AIG, P.Geo\) with relevant experience.

Why it applies: qp\_signed is true

**NI 43-101 Compliant**

Polarity: positive

Definition: Resource estimate prepared in compliance with NI 43-101 \(Canada\) — high reporting standard.

Why it applies: reporting\_standards includes ni\_43\_101

**No Contained Metal**

Polarity: negative

Definition: Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.

Why it applies: contained\_metal was not reported

### probable

[Link to this fact](https://atlas-extractions.minestarters.com/news/silvercorp-reports-a-mineral-reserve-increase-of-50-in-tonnes-and-20-in-silver-o--435d05fb-84b9-4dd1-8aab-3f3bc6747001#fact-resource-facts-54)

Ying Mining District · zinc

#### Identity

- Project: Ying Mining District
- Commodity: zinc
- Region: china
- Reported Region: Henan Province, People's Republic of China
- Ticker: SVM

#### Resource scope

- Estimate type: reserve
- Effective date: 2025-12-31T00:00:00.000Z
- Reporting standards: ni\_43\_101
- QP Signed: Yes
- Qualified person names: HA Smith, GK Vartell, S Robinson, RC Stewart, JE Glanvill, A Wilkins, B Nielsen, M Kent, R Carlson, RJ Chesher, D Claffey
- Resource group id: resource:c0303f3d4f0afef577e4
- Deposit or zone: Ying Mines
- Mining method: underground

#### Resource Data

- Category: probable
- Tonnes: 670000
- Grade: 0.69
- Grade Unit: %
- Cutoff Grade: 155
- Cutoff Unit: g/t AgEq

#### Prior Estimate

- Resource Date: 2025-12-31

#### Metal Equivalent

- Assumptions Disclosed: Yes

#### Review

- Needs Review: No
- Historical: No

#### Dates

- Event date: 2026-06-12T00:00:00.000Z

Reasoning: Probable Reserves for silver show strong tonnage growth but a notable decrease in grade and contained metal, which is a mixed signal. \(Expanded from multi-commodity resource table for completeness.\)

- Positive factor: Significant increase in Probable Reserve tonnes \(+55%\).

- Positive factor: NI 43-101 compliant and QP signed.

- Negative factor: Probable Reserve grades for silver decreased by 20% compared to the prior estimate.

- Negative factor: Contained silver in Probable Reserves decreased compared to prior estimate.

Evidence · table

> 0.69

Context: 0.67

#### Tags used in scoring

**Probable Reserve**

Polarity: positive

Definition: Indicated Resource with demonstrated economic viability after applying modifying factors.

Why it applies: category is "probable"

**Cut-off Disclosed**

Polarity: positive

Definition: Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.

Why it applies: cutoff\_grade is stated

**QP/CP Signed**

Polarity: positive

Definition: Qualified Person \(QP\) or Competent Person \(CP\) named and signed off — a member of a recognized professional association \(e.g., AusIMM, SME, AIG, P.Geo\) with relevant experience.

Why it applies: qp\_signed is true

**NI 43-101 Compliant**

Polarity: positive

Definition: Resource estimate prepared in compliance with NI 43-101 \(Canada\) — high reporting standard.

Why it applies: reporting\_standards includes ni\_43\_101

**No Contained Metal**

Polarity: negative

Definition: Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.

Why it applies: contained\_metal was not reported

### probable

[Link to this fact](https://atlas-extractions.minestarters.com/news/silvercorp-reports-a-mineral-reserve-increase-of-50-in-tonnes-and-20-in-silver-o--435d05fb-84b9-4dd1-8aab-3f3bc6747001#fact-resource-facts-55)

Ying Mining District · copper

#### Identity

- Project: Ying Mining District
- Commodity: copper
- Region: china
- Reported Region: Henan Province, People's Republic of China
- Ticker: SVM

#### Resource scope

- Estimate type: reserve
- Effective date: 2025-12-31T00:00:00.000Z
- Reporting standards: ni\_43\_101
- QP Signed: Yes
- Qualified person names: HA Smith, GK Vartell, S Robinson, RC Stewart, JE Glanvill, A Wilkins, B Nielsen, M Kent, R Carlson, RJ Chesher, D Claffey
- Resource group id: resource:c0303f3d4f0afef577e4
- Deposit or zone: Ying Mines
- Mining method: underground

#### Resource Data

- Category: probable
- Tonnes: 670000
- Grade: 0.06
- Grade Unit: %
- Cutoff Grade: 155
- Cutoff Unit: g/t AgEq

#### Prior Estimate

- Resource Date: 2025-12-31

#### Metal Equivalent

- Assumptions Disclosed: Yes

#### Review

- Needs Review: No
- Historical: No

#### Dates

- Event date: 2026-06-12T00:00:00.000Z

Reasoning: Probable Reserves for silver show strong tonnage growth but a notable decrease in grade and contained metal, which is a mixed signal. \(Expanded from multi-commodity resource table for completeness.\)

- Positive factor: Significant increase in Probable Reserve tonnes \(+55%\).

- Positive factor: NI 43-101 compliant and QP signed.

- Negative factor: Probable Reserve grades for silver decreased by 20% compared to the prior estimate.

- Negative factor: Contained silver in Probable Reserves decreased compared to prior estimate.

Evidence · table

> 0.06

Context: 0.67

#### Tags used in scoring

**Probable Reserve**

Polarity: positive

Definition: Indicated Resource with demonstrated economic viability after applying modifying factors.

Why it applies: category is "probable"

**Cut-off Disclosed**

Polarity: positive

Definition: Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.

Why it applies: cutoff\_grade is stated

**QP/CP Signed**

Polarity: positive

Definition: Qualified Person \(QP\) or Competent Person \(CP\) named and signed off — a member of a recognized professional association \(e.g., AusIMM, SME, AIG, P.Geo\) with relevant experience.

Why it applies: qp\_signed is true

**NI 43-101 Compliant**

Polarity: positive

Definition: Resource estimate prepared in compliance with NI 43-101 \(Canada\) — high reporting standard.

Why it applies: reporting\_standards includes ni\_43\_101

**No Contained Metal**

Polarity: negative

Definition: Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.

Why it applies: contained\_metal was not reported

### probable

[Link to this fact](https://atlas-extractions.minestarters.com/news/silvercorp-reports-a-mineral-reserve-increase-of-50-in-tonnes-and-20-in-silver-o--435d05fb-84b9-4dd1-8aab-3f3bc6747001#fact-resource-facts-56)

Ying Mining District · gold

#### Identity

- Project: Ying Mining District
- Commodity: gold
- Region: china
- Reported Region: Henan Province, People's Republic of China
- Ticker: SVM

#### Resource scope

- Estimate type: reserve
- Effective date: 2025-12-31T00:00:00.000Z
- Reporting standards: ni\_43\_101
- QP Signed: Yes
- Qualified person names: HA Smith, GK Vartell, S Robinson, RC Stewart, JE Glanvill, A Wilkins, B Nielsen, M Kent, R Carlson, RJ Chesher, D Claffey
- Resource group id: resource:aebee7239016fcc89d46
- Deposit or zone: Ying Mines
- Mining method: underground

#### Resource Data

- Category: probable
- Tonnes: 1350000
- Grade: 0.99
- Grade Unit: g/t
- Cutoff Grade: 155
- Cutoff Unit: g/t AgEq

#### Prior Estimate

- Resource Date: 2025-12-31

#### Metal Equivalent

- Assumptions Disclosed: Yes

#### Review

- Needs Review: No
- Historical: No

#### Dates

- Event date: 2026-06-12T00:00:00.000Z

Reasoning: Probable Reserves for silver show strong tonnage growth but a notable decrease in grade and contained metal, which is a mixed signal. \(Expanded from multi-commodity resource table for completeness.\)

- Positive factor: Significant increase in Probable Reserve tonnes \(+55%\).

- Positive factor: NI 43-101 compliant and QP signed.

- Negative factor: Probable Reserve grades for silver decreased by 20% compared to the prior estimate.

- Negative factor: Contained silver in Probable Reserves decreased compared to prior estimate.

Evidence · table

> 0.99

Context: 1.35

#### Tags used in scoring

**Probable Reserve**

Polarity: positive

Definition: Indicated Resource with demonstrated economic viability after applying modifying factors.

Why it applies: category is "probable"

**Cut-off Disclosed**

Polarity: positive

Definition: Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.

Why it applies: cutoff\_grade is stated

**QP/CP Signed**

Polarity: positive

Definition: Qualified Person \(QP\) or Competent Person \(CP\) named and signed off — a member of a recognized professional association \(e.g., AusIMM, SME, AIG, P.Geo\) with relevant experience.

Why it applies: qp\_signed is true

**NI 43-101 Compliant**

Polarity: positive

Definition: Resource estimate prepared in compliance with NI 43-101 \(Canada\) — high reporting standard.

Why it applies: reporting\_standards includes ni\_43\_101

**No Contained Metal**

Polarity: negative

Definition: Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.

Why it applies: contained\_metal was not reported

### probable

[Link to this fact](https://atlas-extractions.minestarters.com/news/silvercorp-reports-a-mineral-reserve-increase-of-50-in-tonnes-and-20-in-silver-o--435d05fb-84b9-4dd1-8aab-3f3bc6747001#fact-resource-facts-57)

Ying Mining District · silver

#### Identity

- Project: Ying Mining District
- Commodity: silver
- Region: china
- Reported Region: Henan Province, People's Republic of China
- Ticker: SVM

#### Resource scope

- Estimate type: reserve
- Effective date: 2025-12-31T00:00:00.000Z
- Reporting standards: ni\_43\_101
- QP Signed: Yes
- Qualified person names: HA Smith, GK Vartell, S Robinson, RC Stewart, JE Glanvill, A Wilkins, B Nielsen, M Kent, R Carlson, RJ Chesher, D Claffey
- Resource group id: resource:aebee7239016fcc89d46
- Deposit or zone: Ying Mines
- Mining method: underground

#### Resource Data

- Category: probable
- Tonnes: 1350000
- Grade: 62
- Grade Unit: g/t
- Cutoff Grade: 155
- Cutoff Unit: g/t AgEq

#### Prior Estimate

- Resource Date: 2025-12-31

#### Metal Equivalent

- Assumptions Disclosed: Yes

#### Review

- Needs Review: No
- Historical: No

#### Dates

- Event date: 2026-06-12T00:00:00.000Z

Reasoning: Probable Reserves for silver show strong tonnage growth but a notable decrease in grade and contained metal, which is a mixed signal. \(Expanded from multi-commodity resource table for completeness.\)

- Positive factor: Significant increase in Probable Reserve tonnes \(+55%\).

- Positive factor: NI 43-101 compliant and QP signed.

- Negative factor: Probable Reserve grades for silver decreased by 20% compared to the prior estimate.

- Negative factor: Contained silver in Probable Reserves decreased compared to prior estimate.

Evidence · table

> 62

Context: 1.35

#### Tags used in scoring

**Probable Reserve**

Polarity: positive

Definition: Indicated Resource with demonstrated economic viability after applying modifying factors.

Why it applies: category is "probable"

**Cut-off Disclosed**

Polarity: positive

Definition: Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.

Why it applies: cutoff\_grade is stated

**QP/CP Signed**

Polarity: positive

Definition: Qualified Person \(QP\) or Competent Person \(CP\) named and signed off — a member of a recognized professional association \(e.g., AusIMM, SME, AIG, P.Geo\) with relevant experience.

Why it applies: qp\_signed is true

**NI 43-101 Compliant**

Polarity: positive

Definition: Resource estimate prepared in compliance with NI 43-101 \(Canada\) — high reporting standard.

Why it applies: reporting\_standards includes ni\_43\_101

**No Contained Metal**

Polarity: negative

Definition: Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.

Why it applies: contained\_metal was not reported

### probable

[Link to this fact](https://atlas-extractions.minestarters.com/news/silvercorp-reports-a-mineral-reserve-increase-of-50-in-tonnes-and-20-in-silver-o--435d05fb-84b9-4dd1-8aab-3f3bc6747001#fact-resource-facts-58)

Ying Mining District · lead

#### Identity

- Project: Ying Mining District
- Commodity: lead
- Region: china
- Reported Region: Henan Province, People's Republic of China
- Ticker: SVM

#### Resource scope

- Estimate type: reserve
- Effective date: 2025-12-31T00:00:00.000Z
- Reporting standards: ni\_43\_101
- QP Signed: Yes
- Qualified person names: HA Smith, GK Vartell, S Robinson, RC Stewart, JE Glanvill, A Wilkins, B Nielsen, M Kent, R Carlson, RJ Chesher, D Claffey
- Resource group id: resource:aebee7239016fcc89d46
- Deposit or zone: Ying Mines
- Mining method: underground

#### Resource Data

- Category: probable
- Tonnes: 1350000
- Grade: 2.48
- Grade Unit: %
- Cutoff Grade: 155
- Cutoff Unit: g/t AgEq

#### Prior Estimate

- Resource Date: 2025-12-31

#### Metal Equivalent

- Assumptions Disclosed: Yes

#### Review

- Needs Review: No
- Historical: No

#### Dates

- Event date: 2026-06-12T00:00:00.000Z

Reasoning: Probable Reserves for silver show strong tonnage growth but a notable decrease in grade and contained metal, which is a mixed signal. \(Expanded from multi-commodity resource table for completeness.\)

- Positive factor: Significant increase in Probable Reserve tonnes \(+55%\).

- Positive factor: NI 43-101 compliant and QP signed.

- Negative factor: Probable Reserve grades for silver decreased by 20% compared to the prior estimate.

- Negative factor: Contained silver in Probable Reserves decreased compared to prior estimate.

Evidence · table

> 2.48

Context: 1.35

#### Tags used in scoring

**Probable Reserve**

Polarity: positive

Definition: Indicated Resource with demonstrated economic viability after applying modifying factors.

Why it applies: category is "probable"

**Cut-off Disclosed**

Polarity: positive

Definition: Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.

Why it applies: cutoff\_grade is stated

**QP/CP Signed**

Polarity: positive

Definition: Qualified Person \(QP\) or Competent Person \(CP\) named and signed off — a member of a recognized professional association \(e.g., AusIMM, SME, AIG, P.Geo\) with relevant experience.

Why it applies: qp\_signed is true

**NI 43-101 Compliant**

Polarity: positive

Definition: Resource estimate prepared in compliance with NI 43-101 \(Canada\) — high reporting standard.

Why it applies: reporting\_standards includes ni\_43\_101

**No Contained Metal**

Polarity: negative

Definition: Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.

Why it applies: contained\_metal was not reported

### probable

[Link to this fact](https://atlas-extractions.minestarters.com/news/silvercorp-reports-a-mineral-reserve-increase-of-50-in-tonnes-and-20-in-silver-o--435d05fb-84b9-4dd1-8aab-3f3bc6747001#fact-resource-facts-59)

Ying Mining District · zinc

#### Identity

- Project: Ying Mining District
- Commodity: zinc
- Region: china
- Reported Region: Henan Province, People's Republic of China
- Ticker: SVM

#### Resource scope

- Estimate type: reserve
- Effective date: 2025-12-31T00:00:00.000Z
- Reporting standards: ni\_43\_101
- QP Signed: Yes
- Qualified person names: HA Smith, GK Vartell, S Robinson, RC Stewart, JE Glanvill, A Wilkins, B Nielsen, M Kent, R Carlson, RJ Chesher, D Claffey
- Resource group id: resource:aebee7239016fcc89d46
- Deposit or zone: Ying Mines
- Mining method: underground

#### Resource Data

- Category: probable
- Tonnes: 1350000
- Grade: 0.65
- Grade Unit: %
- Cutoff Grade: 155
- Cutoff Unit: g/t AgEq

#### Prior Estimate

- Resource Date: 2025-12-31

#### Metal Equivalent

- Assumptions Disclosed: Yes

#### Review

- Needs Review: No
- Historical: No

#### Dates

- Event date: 2026-06-12T00:00:00.000Z

Reasoning: Probable Reserves for silver show strong tonnage growth but a notable decrease in grade and contained metal, which is a mixed signal. \(Expanded from multi-commodity resource table for completeness.\)

- Positive factor: Significant increase in Probable Reserve tonnes \(+55%\).

- Positive factor: NI 43-101 compliant and QP signed.

- Negative factor: Probable Reserve grades for silver decreased by 20% compared to the prior estimate.

- Negative factor: Contained silver in Probable Reserves decreased compared to prior estimate.

Evidence · table

> 0.65

Context: 1.35

#### Tags used in scoring

**Probable Reserve**

Polarity: positive

Definition: Indicated Resource with demonstrated economic viability after applying modifying factors.

Why it applies: category is "probable"

**Cut-off Disclosed**

Polarity: positive

Definition: Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.

Why it applies: cutoff\_grade is stated

**QP/CP Signed**

Polarity: positive

Definition: Qualified Person \(QP\) or Competent Person \(CP\) named and signed off — a member of a recognized professional association \(e.g., AusIMM, SME, AIG, P.Geo\) with relevant experience.

Why it applies: qp\_signed is true

**NI 43-101 Compliant**

Polarity: positive

Definition: Resource estimate prepared in compliance with NI 43-101 \(Canada\) — high reporting standard.

Why it applies: reporting\_standards includes ni\_43\_101

**No Contained Metal**

Polarity: negative

Definition: Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.

Why it applies: contained\_metal was not reported

### probable

[Link to this fact](https://atlas-extractions.minestarters.com/news/silvercorp-reports-a-mineral-reserve-increase-of-50-in-tonnes-and-20-in-silver-o--435d05fb-84b9-4dd1-8aab-3f3bc6747001#fact-resource-facts-60)

Ying Mining District · copper

#### Identity

- Project: Ying Mining District
- Commodity: copper
- Region: china
- Reported Region: Henan Province, People's Republic of China
- Ticker: SVM

#### Resource scope

- Estimate type: reserve
- Effective date: 2025-12-31T00:00:00.000Z
- Reporting standards: ni\_43\_101
- QP Signed: Yes
- Qualified person names: HA Smith, GK Vartell, S Robinson, RC Stewart, JE Glanvill, A Wilkins, B Nielsen, M Kent, R Carlson, RJ Chesher, D Claffey
- Resource group id: resource:aebee7239016fcc89d46
- Deposit or zone: Ying Mines
- Mining method: underground

#### Resource Data

- Category: probable
- Tonnes: 1350000
- Grade: 0.07
- Grade Unit: %
- Cutoff Grade: 155
- Cutoff Unit: g/t AgEq

#### Prior Estimate

- Resource Date: 2025-12-31

#### Metal Equivalent

- Assumptions Disclosed: Yes

#### Review

- Needs Review: No
- Historical: No

#### Dates

- Event date: 2026-06-12T00:00:00.000Z

Reasoning: Probable Reserves for silver show strong tonnage growth but a notable decrease in grade and contained metal, which is a mixed signal. \(Expanded from multi-commodity resource table for completeness.\)

- Positive factor: Significant increase in Probable Reserve tonnes \(+55%\).

- Positive factor: NI 43-101 compliant and QP signed.

- Negative factor: Probable Reserve grades for silver decreased by 20% compared to the prior estimate.

- Negative factor: Contained silver in Probable Reserves decreased compared to prior estimate.

Evidence · table

> 0.07

Context: 1.35

#### Tags used in scoring

**Probable Reserve**

Polarity: positive

Definition: Indicated Resource with demonstrated economic viability after applying modifying factors.

Why it applies: category is "probable"

**Cut-off Disclosed**

Polarity: positive

Definition: Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.

Why it applies: cutoff\_grade is stated

**QP/CP Signed**

Polarity: positive

Definition: Qualified Person \(QP\) or Competent Person \(CP\) named and signed off — a member of a recognized professional association \(e.g., AusIMM, SME, AIG, P.Geo\) with relevant experience.

Why it applies: qp\_signed is true

**NI 43-101 Compliant**

Polarity: positive

Definition: Resource estimate prepared in compliance with NI 43-101 \(Canada\) — high reporting standard.

Why it applies: reporting\_standards includes ni\_43\_101

**No Contained Metal**

Polarity: negative

Definition: Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.

Why it applies: contained\_metal was not reported

### proven

[Link to this fact](https://atlas-extractions.minestarters.com/news/silvercorp-reports-a-mineral-reserve-increase-of-50-in-tonnes-and-20-in-silver-o--435d05fb-84b9-4dd1-8aab-3f3bc6747001#fact-resource-facts-61)

Ying Mining District · silver

#### Identity

- Project: Ying Mining District
- Commodity: silver
- Region: china
- Reported Region: Henan Province, People's Republic of China
- Ticker: SVM

#### Resource scope

- Estimate type: reserve
- Effective date: 2025-12-31T00:00:00.000Z
- Reporting standards: ni\_43\_101
- QP Signed: Yes
- Qualified person names: HA Smith, GK Vartell, S Robinson, RC Stewart, JE Glanvill, A Wilkins, B Nielsen, M Kent, R Carlson, RJ Chesher, D Claffey
- Resource group id: resource:25c70f51db8afb311e16
- Deposit or zone: Ying Mines
- Mining method: underground

#### Resource Data

- Category: proven
- Tonnes: 2480000
- Grade: 150
- Grade Unit: g/t
- Cutoff Grade: 180
- Cutoff Unit: g/t AgEq

#### Prior Estimate

- Resource Date: 2025-12-31

#### Metal Equivalent

- Assumptions Disclosed: Yes

#### Review

- Needs Review: No
- Historical: No

#### Dates

- Event date: 2026-06-12T00:00:00.000Z

Reasoning: Proven Reserves for silver show strong tonnage growth but a notable decrease in grade and contained metal, which is a mixed signal. \(Expanded from multi-commodity resource table for completeness.\)

- Positive factor: Significant increase in Proven Reserve tonnes \(+45%\).

- Positive factor: NI 43-101 compliant and QP signed.

- Negative factor: Proven Reserve grades for silver decreased by 20% compared to the prior estimate.

- Negative factor: Contained silver in Proven Reserves decreased compared to prior estimate.

Evidence · table

> 150

Context: 2.48

#### Tags used in scoring

**Proven Reserve**

Polarity: positive

Definition: Measured Resource with demonstrated economic viability after applying modifying factors.

Why it applies: category is "proven"

**Cut-off Disclosed**

Polarity: positive

Definition: Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.

Why it applies: cutoff\_grade is stated

**QP/CP Signed**

Polarity: positive

Definition: Qualified Person \(QP\) or Competent Person \(CP\) named and signed off — a member of a recognized professional association \(e.g., AusIMM, SME, AIG, P.Geo\) with relevant experience.

Why it applies: qp\_signed is true

**NI 43-101 Compliant**

Polarity: positive

Definition: Resource estimate prepared in compliance with NI 43-101 \(Canada\) — high reporting standard.

Why it applies: reporting\_standards includes ni\_43\_101

**No Contained Metal**

Polarity: negative

Definition: Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.

Why it applies: contained\_metal was not reported

### proven

[Link to this fact](https://atlas-extractions.minestarters.com/news/silvercorp-reports-a-mineral-reserve-increase-of-50-in-tonnes-and-20-in-silver-o--435d05fb-84b9-4dd1-8aab-3f3bc6747001#fact-resource-facts-62)

Ying Mining District · lead

#### Identity

- Project: Ying Mining District
- Commodity: lead
- Region: china
- Reported Region: Henan Province, People's Republic of China
- Ticker: SVM

#### Resource scope

- Estimate type: reserve
- Effective date: 2025-12-31T00:00:00.000Z
- Reporting standards: ni\_43\_101
- QP Signed: Yes
- Qualified person names: HA Smith, GK Vartell, S Robinson, RC Stewart, JE Glanvill, A Wilkins, B Nielsen, M Kent, R Carlson, RJ Chesher, D Claffey
- Resource group id: resource:25c70f51db8afb311e16
- Deposit or zone: Ying Mines
- Mining method: underground

#### Resource Data

- Category: proven
- Tonnes: 2480000
- Grade: 2.28
- Grade Unit: %
- Cutoff Grade: 180
- Cutoff Unit: g/t AgEq

#### Prior Estimate

- Resource Date: 2025-12-31

#### Metal Equivalent

- Assumptions Disclosed: Yes

#### Review

- Needs Review: No
- Historical: No

#### Dates

- Event date: 2026-06-12T00:00:00.000Z

Reasoning: Proven Reserves for silver show strong tonnage growth but a notable decrease in grade and contained metal, which is a mixed signal. \(Expanded from multi-commodity resource table for completeness.\)

- Positive factor: Significant increase in Proven Reserve tonnes \(+45%\).

- Positive factor: NI 43-101 compliant and QP signed.

- Negative factor: Proven Reserve grades for silver decreased by 20% compared to the prior estimate.

- Negative factor: Contained silver in Proven Reserves decreased compared to prior estimate.

Evidence · table

> 2.28

Context: 2.48

#### Tags used in scoring

**Proven Reserve**

Polarity: positive

Definition: Measured Resource with demonstrated economic viability after applying modifying factors.

Why it applies: category is "proven"

**Cut-off Disclosed**

Polarity: positive

Definition: Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.

Why it applies: cutoff\_grade is stated

**QP/CP Signed**

Polarity: positive

Definition: Qualified Person \(QP\) or Competent Person \(CP\) named and signed off — a member of a recognized professional association \(e.g., AusIMM, SME, AIG, P.Geo\) with relevant experience.

Why it applies: qp\_signed is true

**NI 43-101 Compliant**

Polarity: positive

Definition: Resource estimate prepared in compliance with NI 43-101 \(Canada\) — high reporting standard.

Why it applies: reporting\_standards includes ni\_43\_101

**No Contained Metal**

Polarity: negative

Definition: Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.

Why it applies: contained\_metal was not reported

### probable

[Link to this fact](https://atlas-extractions.minestarters.com/news/silvercorp-reports-a-mineral-reserve-increase-of-50-in-tonnes-and-20-in-silver-o--435d05fb-84b9-4dd1-8aab-3f3bc6747001#fact-resource-facts-63)

Ying Mining District · silver

#### Identity

- Project: Ying Mining District
- Commodity: silver
- Region: china
- Reported Region: Henan Province, People's Republic of China
- Ticker: SVM

#### Resource scope

- Estimate type: reserve
- Effective date: 2025-12-31T00:00:00.000Z
- Reporting standards: ni\_43\_101
- QP Signed: Yes
- Qualified person names: HA Smith, GK Vartell, S Robinson, RC Stewart, JE Glanvill, A Wilkins, B Nielsen, M Kent, R Carlson, RJ Chesher, D Claffey
- Resource group id: resource:22abbe604c8c911abc62
- Deposit or zone: Ying Mines
- Mining method: underground

#### Resource Data

- Category: probable
- Tonnes: 1580000
- Grade: 136
- Grade Unit: g/t
- Cutoff Grade: 155
- Cutoff Unit: g/t AgEq

#### Prior Estimate

- Resource Date: 2025-12-31

#### Metal Equivalent

- Assumptions Disclosed: Yes

#### Review

- Needs Review: No
- Historical: No

#### Dates

- Event date: 2026-06-12T00:00:00.000Z

Reasoning: Probable Reserves for silver show strong tonnage growth but a notable decrease in grade and contained metal, which is a mixed signal. \(Expanded from multi-commodity resource table for completeness.\)

- Positive factor: Significant increase in Probable Reserve tonnes \(+55%\).

- Positive factor: NI 43-101 compliant and QP signed.

- Negative factor: Probable Reserve grades for silver decreased by 20% compared to the prior estimate.

- Negative factor: Contained silver in Probable Reserves decreased compared to prior estimate.

Evidence · table

> 136

Context: 1.58

#### Tags used in scoring

**Probable Reserve**

Polarity: positive

Definition: Indicated Resource with demonstrated economic viability after applying modifying factors.

Why it applies: category is "probable"

**Cut-off Disclosed**

Polarity: positive

Definition: Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.

Why it applies: cutoff\_grade is stated

**QP/CP Signed**

Polarity: positive

Definition: Qualified Person \(QP\) or Competent Person \(CP\) named and signed off — a member of a recognized professional association \(e.g., AusIMM, SME, AIG, P.Geo\) with relevant experience.

Why it applies: qp\_signed is true

**NI 43-101 Compliant**

Polarity: positive

Definition: Resource estimate prepared in compliance with NI 43-101 \(Canada\) — high reporting standard.

Why it applies: reporting\_standards includes ni\_43\_101

**No Contained Metal**

Polarity: negative

Definition: Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.

Why it applies: contained\_metal was not reported

### probable

[Link to this fact](https://atlas-extractions.minestarters.com/news/silvercorp-reports-a-mineral-reserve-increase-of-50-in-tonnes-and-20-in-silver-o--435d05fb-84b9-4dd1-8aab-3f3bc6747001#fact-resource-facts-64)

Ying Mining District · lead

#### Identity

- Project: Ying Mining District
- Commodity: lead
- Region: china
- Reported Region: Henan Province, People's Republic of China
- Ticker: SVM

#### Resource scope

- Estimate type: reserve
- Effective date: 2025-12-31T00:00:00.000Z
- Reporting standards: ni\_43\_101
- QP Signed: Yes
- Qualified person names: HA Smith, GK Vartell, S Robinson, RC Stewart, JE Glanvill, A Wilkins, B Nielsen, M Kent, R Carlson, RJ Chesher, D Claffey
- Resource group id: resource:22abbe604c8c911abc62
- Deposit or zone: Ying Mines
- Mining method: underground

#### Resource Data

- Category: probable
- Tonnes: 1580000
- Grade: 2.01
- Grade Unit: %
- Cutoff Grade: 155
- Cutoff Unit: g/t AgEq

#### Prior Estimate

- Resource Date: 2025-12-31

#### Metal Equivalent

- Assumptions Disclosed: Yes

#### Review

- Needs Review: No
- Historical: No

#### Dates

- Event date: 2026-06-12T00:00:00.000Z

Reasoning: Probable Reserves for silver show strong tonnage growth but a notable decrease in grade and contained metal, which is a mixed signal. \(Expanded from multi-commodity resource table for completeness.\)

- Positive factor: Significant increase in Probable Reserve tonnes \(+55%\).

- Positive factor: NI 43-101 compliant and QP signed.

- Negative factor: Probable Reserve grades for silver decreased by 20% compared to the prior estimate.

- Negative factor: Contained silver in Probable Reserves decreased compared to prior estimate.

Evidence · table

> 2.01

Context: 1.58

#### Tags used in scoring

**Probable Reserve**

Polarity: positive

Definition: Indicated Resource with demonstrated economic viability after applying modifying factors.

Why it applies: category is "probable"

**Cut-off Disclosed**

Polarity: positive

Definition: Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.

Why it applies: cutoff\_grade is stated

**QP/CP Signed**

Polarity: positive

Definition: Qualified Person \(QP\) or Competent Person \(CP\) named and signed off — a member of a recognized professional association \(e.g., AusIMM, SME, AIG, P.Geo\) with relevant experience.

Why it applies: qp\_signed is true

**NI 43-101 Compliant**

Polarity: positive

Definition: Resource estimate prepared in compliance with NI 43-101 \(Canada\) — high reporting standard.

Why it applies: reporting\_standards includes ni\_43\_101

**No Contained Metal**

Polarity: negative

Definition: Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.

Why it applies: contained\_metal was not reported

### probable

[Link to this fact](https://atlas-extractions.minestarters.com/news/silvercorp-reports-a-mineral-reserve-increase-of-50-in-tonnes-and-20-in-silver-o--435d05fb-84b9-4dd1-8aab-3f3bc6747001#fact-resource-facts-65)

Ying Mining District · silver

#### Identity

- Project: Ying Mining District
- Commodity: silver
- Region: china
- Reported Region: Henan Province, People's Republic of China
- Ticker: SVM

#### Resource scope

- Estimate type: reserve
- Effective date: 2025-12-31T00:00:00.000Z
- Reporting standards: ni\_43\_101
- QP Signed: Yes
- Qualified person names: HA Smith, GK Vartell, S Robinson, RC Stewart, JE Glanvill, A Wilkins, B Nielsen, M Kent, R Carlson, RJ Chesher, D Claffey
- Resource group id: resource:f6fcca5a004884df14d8
- Deposit or zone: Ying Mines
- Mining method: underground

#### Resource Data

- Category: probable
- Tonnes: 4070000
- Grade: 145
- Grade Unit: g/t
- Cutoff Grade: 155
- Cutoff Unit: g/t AgEq

#### Prior Estimate

- Resource Date: 2025-12-31

#### Metal Equivalent

- Assumptions Disclosed: Yes

#### Review

- Needs Review: No
- Historical: No

#### Dates

- Event date: 2026-06-12T00:00:00.000Z

Reasoning: Probable Reserves for silver show strong tonnage growth but a notable decrease in grade and contained metal, which is a mixed signal. \(Expanded from multi-commodity resource table for completeness.\)

- Positive factor: Significant increase in Probable Reserve tonnes \(+55%\).

- Positive factor: NI 43-101 compliant and QP signed.

- Negative factor: Probable Reserve grades for silver decreased by 20% compared to the prior estimate.

- Negative factor: Contained silver in Probable Reserves decreased compared to prior estimate.

Evidence · table

> 145

Context: 4.07

#### Tags used in scoring

**Probable Reserve**

Polarity: positive

Definition: Indicated Resource with demonstrated economic viability after applying modifying factors.

Why it applies: category is "probable"

**Cut-off Disclosed**

Polarity: positive

Definition: Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.

Why it applies: cutoff\_grade is stated

**QP/CP Signed**

Polarity: positive

Definition: Qualified Person \(QP\) or Competent Person \(CP\) named and signed off — a member of a recognized professional association \(e.g., AusIMM, SME, AIG, P.Geo\) with relevant experience.

Why it applies: qp\_signed is true

**NI 43-101 Compliant**

Polarity: positive

Definition: Resource estimate prepared in compliance with NI 43-101 \(Canada\) — high reporting standard.

Why it applies: reporting\_standards includes ni\_43\_101

**No Contained Metal**

Polarity: negative

Definition: Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.

Why it applies: contained\_metal was not reported

### probable

[Link to this fact](https://atlas-extractions.minestarters.com/news/silvercorp-reports-a-mineral-reserve-increase-of-50-in-tonnes-and-20-in-silver-o--435d05fb-84b9-4dd1-8aab-3f3bc6747001#fact-resource-facts-66)

Ying Mining District · lead

#### Identity

- Project: Ying Mining District
- Commodity: lead
- Region: china
- Reported Region: Henan Province, People's Republic of China
- Ticker: SVM

#### Resource scope

- Estimate type: reserve
- Effective date: 2025-12-31T00:00:00.000Z
- Reporting standards: ni\_43\_101
- QP Signed: Yes
- Qualified person names: HA Smith, GK Vartell, S Robinson, RC Stewart, JE Glanvill, A Wilkins, B Nielsen, M Kent, R Carlson, RJ Chesher, D Claffey
- Resource group id: resource:f6fcca5a004884df14d8
- Deposit or zone: Ying Mines
- Mining method: underground

#### Resource Data

- Category: probable
- Tonnes: 4070000
- Grade: 2.18
- Grade Unit: %
- Cutoff Grade: 155
- Cutoff Unit: g/t AgEq

#### Prior Estimate

- Resource Date: 2025-12-31

#### Metal Equivalent

- Assumptions Disclosed: Yes

#### Review

- Needs Review: No
- Historical: No

#### Dates

- Event date: 2026-06-12T00:00:00.000Z

Reasoning: Probable Reserves for silver show strong tonnage growth but a notable decrease in grade and contained metal, which is a mixed signal. \(Expanded from multi-commodity resource table for completeness.\)

- Positive factor: Significant increase in Probable Reserve tonnes \(+55%\).

- Positive factor: NI 43-101 compliant and QP signed.

- Negative factor: Probable Reserve grades for silver decreased by 20% compared to the prior estimate.

- Negative factor: Contained silver in Probable Reserves decreased compared to prior estimate.

Evidence · table

> 2.18

Context: 4.07

#### Tags used in scoring

**Probable Reserve**

Polarity: positive

Definition: Indicated Resource with demonstrated economic viability after applying modifying factors.

Why it applies: category is "probable"

**Cut-off Disclosed**

Polarity: positive

Definition: Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.

Why it applies: cutoff\_grade is stated

**QP/CP Signed**

Polarity: positive

Definition: Qualified Person \(QP\) or Competent Person \(CP\) named and signed off — a member of a recognized professional association \(e.g., AusIMM, SME, AIG, P.Geo\) with relevant experience.

Why it applies: qp\_signed is true

**NI 43-101 Compliant**

Polarity: positive

Definition: Resource estimate prepared in compliance with NI 43-101 \(Canada\) — high reporting standard.

Why it applies: reporting\_standards includes ni\_43\_101

**No Contained Metal**

Polarity: negative

Definition: Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.

Why it applies: contained\_metal was not reported

### proven

[Link to this fact](https://atlas-extractions.minestarters.com/news/silvercorp-reports-a-mineral-reserve-increase-of-50-in-tonnes-and-20-in-silver-o--435d05fb-84b9-4dd1-8aab-3f3bc6747001#fact-resource-facts-67)

Ying Mining District · gold

#### Identity

- Project: Ying Mining District
- Commodity: gold
- Region: china
- Reported Region: Henan Province, People's Republic of China
- Ticker: SVM

#### Resource scope

- Estimate type: reserve
- Effective date: 2025-12-31T00:00:00.000Z
- Reporting standards: ni\_43\_101
- QP Signed: Yes
- Qualified person names: HA Smith, GK Vartell, S Robinson, RC Stewart, JE Glanvill, A Wilkins, B Nielsen, M Kent, R Carlson, RJ Chesher, D Claffey
- Resource group id: resource:03c9360a4599e48d9eb2
- Deposit or zone: Ying Mines
- Mining method: underground

#### Resource Data

- Category: proven
- Tonnes: 730000
- Grade: 0.01
- Grade Unit: g/t
- Cutoff Grade: 180
- Cutoff Unit: g/t AgEq

#### Prior Estimate

- Resource Date: 2025-12-31

#### Metal Equivalent

- Assumptions Disclosed: Yes

#### Review

- Needs Review: No
- Historical: No

#### Dates

- Event date: 2026-06-12T00:00:00.000Z

Reasoning: Proven Reserves for silver show strong tonnage growth but a notable decrease in grade and contained metal, which is a mixed signal. \(Expanded from multi-commodity resource table for completeness.\)

- Positive factor: Significant increase in Proven Reserve tonnes \(+45%\).

- Positive factor: NI 43-101 compliant and QP signed.

- Negative factor: Proven Reserve grades for silver decreased by 20% compared to the prior estimate.

- Negative factor: Contained silver in Proven Reserves decreased compared to prior estimate.

Evidence · table

> 0.01

Context: 0.73

#### Tags used in scoring

**Proven Reserve**

Polarity: positive

Definition: Measured Resource with demonstrated economic viability after applying modifying factors.

Why it applies: category is "proven"

**Cut-off Disclosed**

Polarity: positive

Definition: Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.

Why it applies: cutoff\_grade is stated

**QP/CP Signed**

Polarity: positive

Definition: Qualified Person \(QP\) or Competent Person \(CP\) named and signed off — a member of a recognized professional association \(e.g., AusIMM, SME, AIG, P.Geo\) with relevant experience.

Why it applies: qp\_signed is true

**NI 43-101 Compliant**

Polarity: positive

Definition: Resource estimate prepared in compliance with NI 43-101 \(Canada\) — high reporting standard.

Why it applies: reporting\_standards includes ni\_43\_101

**No Contained Metal**

Polarity: negative

Definition: Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.

Why it applies: contained\_metal was not reported

### proven

[Link to this fact](https://atlas-extractions.minestarters.com/news/silvercorp-reports-a-mineral-reserve-increase-of-50-in-tonnes-and-20-in-silver-o--435d05fb-84b9-4dd1-8aab-3f3bc6747001#fact-resource-facts-68)

Ying Mining District · silver

#### Identity

- Project: Ying Mining District
- Commodity: silver
- Region: china
- Reported Region: Henan Province, People's Republic of China
- Ticker: SVM

#### Resource scope

- Estimate type: reserve
- Effective date: 2025-12-31T00:00:00.000Z
- Reporting standards: ni\_43\_101
- QP Signed: Yes
- Qualified person names: HA Smith, GK Vartell, S Robinson, RC Stewart, JE Glanvill, A Wilkins, B Nielsen, M Kent, R Carlson, RJ Chesher, D Claffey
- Resource group id: resource:03c9360a4599e48d9eb2
- Deposit or zone: Ying Mines
- Mining method: underground

#### Resource Data

- Category: proven
- Tonnes: 730000
- Grade: 254
- Grade Unit: g/t
- Cutoff Grade: 180
- Cutoff Unit: g/t AgEq

#### Prior Estimate

- Resource Date: 2025-12-31

#### Metal Equivalent

- Assumptions Disclosed: Yes

#### Review

- Needs Review: No
- Historical: No

#### Dates

- Event date: 2026-06-12T00:00:00.000Z

Reasoning: Proven Reserves for silver show strong tonnage growth but a notable decrease in grade and contained metal, which is a mixed signal. \(Expanded from multi-commodity resource table for completeness.\)

- Positive factor: Significant increase in Proven Reserve tonnes \(+45%\).

- Positive factor: NI 43-101 compliant and QP signed.

- Negative factor: Proven Reserve grades for silver decreased by 20% compared to the prior estimate.

- Negative factor: Contained silver in Proven Reserves decreased compared to prior estimate.

Evidence · table

> 254

Context: 0.73

#### Tags used in scoring

**Proven Reserve**

Polarity: positive

Definition: Measured Resource with demonstrated economic viability after applying modifying factors.

Why it applies: category is "proven"

**Cut-off Disclosed**

Polarity: positive

Definition: Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.

Why it applies: cutoff\_grade is stated

**QP/CP Signed**

Polarity: positive

Definition: Qualified Person \(QP\) or Competent Person \(CP\) named and signed off — a member of a recognized professional association \(e.g., AusIMM, SME, AIG, P.Geo\) with relevant experience.

Why it applies: qp\_signed is true

**NI 43-101 Compliant**

Polarity: positive

Definition: Resource estimate prepared in compliance with NI 43-101 \(Canada\) — high reporting standard.

Why it applies: reporting\_standards includes ni\_43\_101

**No Contained Metal**

Polarity: negative

Definition: Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.

Why it applies: contained\_metal was not reported

### proven

[Link to this fact](https://atlas-extractions.minestarters.com/news/silvercorp-reports-a-mineral-reserve-increase-of-50-in-tonnes-and-20-in-silver-o--435d05fb-84b9-4dd1-8aab-3f3bc6747001#fact-resource-facts-69)

Ying Mining District · lead

#### Identity

- Project: Ying Mining District
- Commodity: lead
- Region: china
- Reported Region: Henan Province, People's Republic of China
- Ticker: SVM

#### Resource scope

- Estimate type: reserve
- Effective date: 2025-12-31T00:00:00.000Z
- Reporting standards: ni\_43\_101
- QP Signed: Yes
- Qualified person names: HA Smith, GK Vartell, S Robinson, RC Stewart, JE Glanvill, A Wilkins, B Nielsen, M Kent, R Carlson, RJ Chesher, D Claffey
- Resource group id: resource:03c9360a4599e48d9eb2
- Deposit or zone: Ying Mines
- Mining method: underground

#### Resource Data

- Category: proven
- Tonnes: 730000
- Grade: 1.07
- Grade Unit: %
- Cutoff Grade: 180
- Cutoff Unit: g/t AgEq

#### Prior Estimate

- Resource Date: 2025-12-31

#### Metal Equivalent

- Assumptions Disclosed: Yes

#### Review

- Needs Review: No
- Historical: No

#### Dates

- Event date: 2026-06-12T00:00:00.000Z

Reasoning: Proven Reserves for silver show strong tonnage growth but a notable decrease in grade and contained metal, which is a mixed signal. \(Expanded from multi-commodity resource table for completeness.\)

- Positive factor: Significant increase in Proven Reserve tonnes \(+45%\).

- Positive factor: NI 43-101 compliant and QP signed.

- Negative factor: Proven Reserve grades for silver decreased by 20% compared to the prior estimate.

- Negative factor: Contained silver in Proven Reserves decreased compared to prior estimate.

Evidence · table

> 1.07

Context: 0.73

#### Tags used in scoring

**Proven Reserve**

Polarity: positive

Definition: Measured Resource with demonstrated economic viability after applying modifying factors.

Why it applies: category is "proven"

**Cut-off Disclosed**

Polarity: positive

Definition: Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.

Why it applies: cutoff\_grade is stated

**QP/CP Signed**

Polarity: positive

Definition: Qualified Person \(QP\) or Competent Person \(CP\) named and signed off — a member of a recognized professional association \(e.g., AusIMM, SME, AIG, P.Geo\) with relevant experience.

Why it applies: qp\_signed is true

**NI 43-101 Compliant**

Polarity: positive

Definition: Resource estimate prepared in compliance with NI 43-101 \(Canada\) — high reporting standard.

Why it applies: reporting\_standards includes ni\_43\_101

**No Contained Metal**

Polarity: negative

Definition: Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.

Why it applies: contained\_metal was not reported

### proven

[Link to this fact](https://atlas-extractions.minestarters.com/news/silvercorp-reports-a-mineral-reserve-increase-of-50-in-tonnes-and-20-in-silver-o--435d05fb-84b9-4dd1-8aab-3f3bc6747001#fact-resource-facts-70)

Ying Mining District · zinc

#### Identity

- Project: Ying Mining District
- Commodity: zinc
- Region: china
- Reported Region: Henan Province, People's Republic of China
- Ticker: SVM

#### Resource scope

- Estimate type: reserve
- Effective date: 2025-12-31T00:00:00.000Z
- Reporting standards: ni\_43\_101
- QP Signed: Yes
- Qualified person names: HA Smith, GK Vartell, S Robinson, RC Stewart, JE Glanvill, A Wilkins, B Nielsen, M Kent, R Carlson, RJ Chesher, D Claffey
- Resource group id: resource:03c9360a4599e48d9eb2
- Deposit or zone: Ying Mines
- Mining method: underground

#### Resource Data

- Category: proven
- Tonnes: 730000
- Grade: 0.24
- Grade Unit: %
- Cutoff Grade: 180
- Cutoff Unit: g/t AgEq

#### Prior Estimate

- Resource Date: 2025-12-31

#### Metal Equivalent

- Assumptions Disclosed: Yes

#### Review

- Needs Review: No
- Historical: No

#### Dates

- Event date: 2026-06-12T00:00:00.000Z

Reasoning: Proven Reserves for silver show strong tonnage growth but a notable decrease in grade and contained metal, which is a mixed signal. \(Expanded from multi-commodity resource table for completeness.\)

- Positive factor: Significant increase in Proven Reserve tonnes \(+45%\).

- Positive factor: NI 43-101 compliant and QP signed.

- Negative factor: Proven Reserve grades for silver decreased by 20% compared to the prior estimate.

- Negative factor: Contained silver in Proven Reserves decreased compared to prior estimate.

Evidence · table

> 0.24

Context: 0.73

#### Tags used in scoring

**Proven Reserve**

Polarity: positive

Definition: Measured Resource with demonstrated economic viability after applying modifying factors.

Why it applies: category is "proven"

**Cut-off Disclosed**

Polarity: positive

Definition: Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.

Why it applies: cutoff\_grade is stated

**QP/CP Signed**

Polarity: positive

Definition: Qualified Person \(QP\) or Competent Person \(CP\) named and signed off — a member of a recognized professional association \(e.g., AusIMM, SME, AIG, P.Geo\) with relevant experience.

Why it applies: qp\_signed is true

**NI 43-101 Compliant**

Polarity: positive

Definition: Resource estimate prepared in compliance with NI 43-101 \(Canada\) — high reporting standard.

Why it applies: reporting\_standards includes ni\_43\_101

**No Contained Metal**

Polarity: negative

Definition: Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.

Why it applies: contained\_metal was not reported

### probable

[Link to this fact](https://atlas-extractions.minestarters.com/news/silvercorp-reports-a-mineral-reserve-increase-of-50-in-tonnes-and-20-in-silver-o--435d05fb-84b9-4dd1-8aab-3f3bc6747001#fact-resource-facts-71)

Ying Mining District · gold

#### Identity

- Project: Ying Mining District
- Commodity: gold
- Region: china
- Reported Region: Henan Province, People's Republic of China
- Ticker: SVM

#### Resource scope

- Estimate type: reserve
- Effective date: 2025-12-31T00:00:00.000Z
- Reporting standards: ni\_43\_101
- QP Signed: Yes
- Qualified person names: HA Smith, GK Vartell, S Robinson, RC Stewart, JE Glanvill, A Wilkins, B Nielsen, M Kent, R Carlson, RJ Chesher, D Claffey
- Resource group id: resource:017437db98e12f763c27
- Deposit or zone: Ying Mines
- Mining method: underground

#### Resource Data

- Category: probable
- Tonnes: 1560000
- Grade: 0.04
- Grade Unit: g/t
- Cutoff Grade: 155
- Cutoff Unit: g/t AgEq

#### Prior Estimate

- Resource Date: 2025-12-31

#### Metal Equivalent

- Assumptions Disclosed: Yes

#### Review

- Needs Review: No
- Historical: No

#### Dates

- Event date: 2026-06-12T00:00:00.000Z

Reasoning: Probable Reserves for silver show strong tonnage growth but a notable decrease in grade and contained metal, which is a mixed signal. \(Expanded from multi-commodity resource table for completeness.\)

- Positive factor: Significant increase in Probable Reserve tonnes \(+55%\).

- Positive factor: NI 43-101 compliant and QP signed.

- Negative factor: Probable Reserve grades for silver decreased by 20% compared to the prior estimate.

- Negative factor: Contained silver in Probable Reserves decreased compared to prior estimate.

Evidence · table

> 0.04

Context: 1.56

#### Tags used in scoring

**Probable Reserve**

Polarity: positive

Definition: Indicated Resource with demonstrated economic viability after applying modifying factors.

Why it applies: category is "probable"

**Cut-off Disclosed**

Polarity: positive

Definition: Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.

Why it applies: cutoff\_grade is stated

**QP/CP Signed**

Polarity: positive

Definition: Qualified Person \(QP\) or Competent Person \(CP\) named and signed off — a member of a recognized professional association \(e.g., AusIMM, SME, AIG, P.Geo\) with relevant experience.

Why it applies: qp\_signed is true

**NI 43-101 Compliant**

Polarity: positive

Definition: Resource estimate prepared in compliance with NI 43-101 \(Canada\) — high reporting standard.

Why it applies: reporting\_standards includes ni\_43\_101

**No Contained Metal**

Polarity: negative

Definition: Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.

Why it applies: contained\_metal was not reported

### probable

[Link to this fact](https://atlas-extractions.minestarters.com/news/silvercorp-reports-a-mineral-reserve-increase-of-50-in-tonnes-and-20-in-silver-o--435d05fb-84b9-4dd1-8aab-3f3bc6747001#fact-resource-facts-72)

Ying Mining District · silver

#### Identity

- Project: Ying Mining District
- Commodity: silver
- Region: china
- Reported Region: Henan Province, People's Republic of China
- Ticker: SVM

#### Resource scope

- Estimate type: reserve
- Effective date: 2025-12-31T00:00:00.000Z
- Reporting standards: ni\_43\_101
- QP Signed: Yes
- Qualified person names: HA Smith, GK Vartell, S Robinson, RC Stewart, JE Glanvill, A Wilkins, B Nielsen, M Kent, R Carlson, RJ Chesher, D Claffey
- Resource group id: resource:017437db98e12f763c27
- Deposit or zone: Ying Mines
- Mining method: underground

#### Resource Data

- Category: probable
- Tonnes: 1560000
- Grade: 214
- Grade Unit: g/t
- Cutoff Grade: 155
- Cutoff Unit: g/t AgEq

#### Prior Estimate

- Resource Date: 2025-12-31

#### Metal Equivalent

- Assumptions Disclosed: Yes

#### Review

- Needs Review: No
- Historical: No

#### Dates

- Event date: 2026-06-12T00:00:00.000Z

Reasoning: Probable Reserves for silver show strong tonnage growth but a notable decrease in grade and contained metal, which is a mixed signal. \(Expanded from multi-commodity resource table for completeness.\)

- Positive factor: Significant increase in Probable Reserve tonnes \(+55%\).

- Positive factor: NI 43-101 compliant and QP signed.

- Negative factor: Probable Reserve grades for silver decreased by 20% compared to the prior estimate.

- Negative factor: Contained silver in Probable Reserves decreased compared to prior estimate.

Evidence · table

> 214

Context: 1.56

#### Tags used in scoring

**Probable Reserve**

Polarity: positive

Definition: Indicated Resource with demonstrated economic viability after applying modifying factors.

Why it applies: category is "probable"

**Cut-off Disclosed**

Polarity: positive

Definition: Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.

Why it applies: cutoff\_grade is stated

**QP/CP Signed**

Polarity: positive

Definition: Qualified Person \(QP\) or Competent Person \(CP\) named and signed off — a member of a recognized professional association \(e.g., AusIMM, SME, AIG, P.Geo\) with relevant experience.

Why it applies: qp\_signed is true

**NI 43-101 Compliant**

Polarity: positive

Definition: Resource estimate prepared in compliance with NI 43-101 \(Canada\) — high reporting standard.

Why it applies: reporting\_standards includes ni\_43\_101

**No Contained Metal**

Polarity: negative

Definition: Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.

Why it applies: contained\_metal was not reported

### probable

[Link to this fact](https://atlas-extractions.minestarters.com/news/silvercorp-reports-a-mineral-reserve-increase-of-50-in-tonnes-and-20-in-silver-o--435d05fb-84b9-4dd1-8aab-3f3bc6747001#fact-resource-facts-73)

Ying Mining District · lead

#### Identity

- Project: Ying Mining District
- Commodity: lead
- Region: china
- Reported Region: Henan Province, People's Republic of China
- Ticker: SVM

#### Resource scope

- Estimate type: reserve
- Effective date: 2025-12-31T00:00:00.000Z
- Reporting standards: ni\_43\_101
- QP Signed: Yes
- Qualified person names: HA Smith, GK Vartell, S Robinson, RC Stewart, JE Glanvill, A Wilkins, B Nielsen, M Kent, R Carlson, RJ Chesher, D Claffey
- Resource group id: resource:017437db98e12f763c27
- Deposit or zone: Ying Mines
- Mining method: underground

#### Resource Data

- Category: probable
- Tonnes: 1560000
- Grade: 1.03
- Grade Unit: %
- Cutoff Grade: 155
- Cutoff Unit: g/t AgEq

#### Prior Estimate

- Resource Date: 2025-12-31

#### Metal Equivalent

- Assumptions Disclosed: Yes

#### Review

- Needs Review: No
- Historical: No

#### Dates

- Event date: 2026-06-12T00:00:00.000Z

Reasoning: Probable Reserves for silver show strong tonnage growth but a notable decrease in grade and contained metal, which is a mixed signal. \(Expanded from multi-commodity resource table for completeness.\)

- Positive factor: Significant increase in Probable Reserve tonnes \(+55%\).

- Positive factor: NI 43-101 compliant and QP signed.

- Negative factor: Probable Reserve grades for silver decreased by 20% compared to the prior estimate.

- Negative factor: Contained silver in Probable Reserves decreased compared to prior estimate.

Evidence · table

> 1.03

Context: 1.56

#### Tags used in scoring

**Probable Reserve**

Polarity: positive

Definition: Indicated Resource with demonstrated economic viability after applying modifying factors.

Why it applies: category is "probable"

**Cut-off Disclosed**

Polarity: positive

Definition: Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.

Why it applies: cutoff\_grade is stated

**QP/CP Signed**

Polarity: positive

Definition: Qualified Person \(QP\) or Competent Person \(CP\) named and signed off — a member of a recognized professional association \(e.g., AusIMM, SME, AIG, P.Geo\) with relevant experience.

Why it applies: qp\_signed is true

**NI 43-101 Compliant**

Polarity: positive

Definition: Resource estimate prepared in compliance with NI 43-101 \(Canada\) — high reporting standard.

Why it applies: reporting\_standards includes ni\_43\_101

**No Contained Metal**

Polarity: negative

Definition: Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.

Why it applies: contained\_metal was not reported

### probable

[Link to this fact](https://atlas-extractions.minestarters.com/news/silvercorp-reports-a-mineral-reserve-increase-of-50-in-tonnes-and-20-in-silver-o--435d05fb-84b9-4dd1-8aab-3f3bc6747001#fact-resource-facts-74)

Ying Mining District · zinc

#### Identity

- Project: Ying Mining District
- Commodity: zinc
- Region: china
- Reported Region: Henan Province, People's Republic of China
- Ticker: SVM

#### Resource scope

- Estimate type: reserve
- Effective date: 2025-12-31T00:00:00.000Z
- Reporting standards: ni\_43\_101
- QP Signed: Yes
- Qualified person names: HA Smith, GK Vartell, S Robinson, RC Stewart, JE Glanvill, A Wilkins, B Nielsen, M Kent, R Carlson, RJ Chesher, D Claffey
- Resource group id: resource:017437db98e12f763c27
- Deposit or zone: Ying Mines
- Mining method: underground

#### Resource Data

- Category: probable
- Tonnes: 1560000
- Grade: 0.25
- Grade Unit: %
- Cutoff Grade: 155
- Cutoff Unit: g/t AgEq

#### Prior Estimate

- Resource Date: 2025-12-31

#### Metal Equivalent

- Assumptions Disclosed: Yes

#### Review

- Needs Review: No
- Historical: No

#### Dates

- Event date: 2026-06-12T00:00:00.000Z

Reasoning: Probable Reserves for silver show strong tonnage growth but a notable decrease in grade and contained metal, which is a mixed signal. \(Expanded from multi-commodity resource table for completeness.\)

- Positive factor: Significant increase in Probable Reserve tonnes \(+55%\).

- Positive factor: NI 43-101 compliant and QP signed.

- Negative factor: Probable Reserve grades for silver decreased by 20% compared to the prior estimate.

- Negative factor: Contained silver in Probable Reserves decreased compared to prior estimate.

Evidence · table

> 0.25

Context: 1.56

#### Tags used in scoring

**Probable Reserve**

Polarity: positive

Definition: Indicated Resource with demonstrated economic viability after applying modifying factors.

Why it applies: category is "probable"

**Cut-off Disclosed**

Polarity: positive

Definition: Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.

Why it applies: cutoff\_grade is stated

**QP/CP Signed**

Polarity: positive

Definition: Qualified Person \(QP\) or Competent Person \(CP\) named and signed off — a member of a recognized professional association \(e.g., AusIMM, SME, AIG, P.Geo\) with relevant experience.

Why it applies: qp\_signed is true

**NI 43-101 Compliant**

Polarity: positive

Definition: Resource estimate prepared in compliance with NI 43-101 \(Canada\) — high reporting standard.

Why it applies: reporting\_standards includes ni\_43\_101

**No Contained Metal**

Polarity: negative

Definition: Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.

Why it applies: contained\_metal was not reported

### probable

[Link to this fact](https://atlas-extractions.minestarters.com/news/silvercorp-reports-a-mineral-reserve-increase-of-50-in-tonnes-and-20-in-silver-o--435d05fb-84b9-4dd1-8aab-3f3bc6747001#fact-resource-facts-75)

Ying Mining District · gold

#### Identity

- Project: Ying Mining District
- Commodity: gold
- Region: china
- Reported Region: Henan Province, People's Republic of China
- Ticker: SVM

#### Resource scope

- Estimate type: reserve
- Effective date: 2025-12-31T00:00:00.000Z
- Reporting standards: ni\_43\_101
- QP Signed: Yes
- Qualified person names: HA Smith, GK Vartell, S Robinson, RC Stewart, JE Glanvill, A Wilkins, B Nielsen, M Kent, R Carlson, RJ Chesher, D Claffey
- Resource group id: resource:ef7798070c7c3b1aa0d3
- Deposit or zone: Ying Mines
- Mining method: underground

#### Resource Data

- Category: probable
- Tonnes: 2280000
- Grade: 0.03
- Grade Unit: g/t
- Cutoff Grade: 155
- Cutoff Unit: g/t AgEq

#### Prior Estimate

- Resource Date: 2025-12-31

#### Metal Equivalent

- Assumptions Disclosed: Yes

#### Review

- Needs Review: No
- Historical: No

#### Dates

- Event date: 2026-06-12T00:00:00.000Z

Reasoning: Probable Reserves for silver show strong tonnage growth but a notable decrease in grade and contained metal, which is a mixed signal. \(Expanded from multi-commodity resource table for completeness.\)

- Positive factor: Significant increase in Probable Reserve tonnes \(+55%\).

- Positive factor: NI 43-101 compliant and QP signed.

- Negative factor: Probable Reserve grades for silver decreased by 20% compared to the prior estimate.

- Negative factor: Contained silver in Probable Reserves decreased compared to prior estimate.

Evidence · table

> 0.03

Context: 2.28

#### Tags used in scoring

**Probable Reserve**

Polarity: positive

Definition: Indicated Resource with demonstrated economic viability after applying modifying factors.

Why it applies: category is "probable"

**Cut-off Disclosed**

Polarity: positive

Definition: Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.

Why it applies: cutoff\_grade is stated

**QP/CP Signed**

Polarity: positive

Definition: Qualified Person \(QP\) or Competent Person \(CP\) named and signed off — a member of a recognized professional association \(e.g., AusIMM, SME, AIG, P.Geo\) with relevant experience.

Why it applies: qp\_signed is true

**NI 43-101 Compliant**

Polarity: positive

Definition: Resource estimate prepared in compliance with NI 43-101 \(Canada\) — high reporting standard.

Why it applies: reporting\_standards includes ni\_43\_101

**No Contained Metal**

Polarity: negative

Definition: Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.

Why it applies: contained\_metal was not reported

### probable

[Link to this fact](https://atlas-extractions.minestarters.com/news/silvercorp-reports-a-mineral-reserve-increase-of-50-in-tonnes-and-20-in-silver-o--435d05fb-84b9-4dd1-8aab-3f3bc6747001#fact-resource-facts-76)

Ying Mining District · silver

#### Identity

- Project: Ying Mining District
- Commodity: silver
- Region: china
- Reported Region: Henan Province, People's Republic of China
- Ticker: SVM

#### Resource scope

- Estimate type: reserve
- Effective date: 2025-12-31T00:00:00.000Z
- Reporting standards: ni\_43\_101
- QP Signed: Yes
- Qualified person names: HA Smith, GK Vartell, S Robinson, RC Stewart, JE Glanvill, A Wilkins, B Nielsen, M Kent, R Carlson, RJ Chesher, D Claffey
- Resource group id: resource:ef7798070c7c3b1aa0d3
- Deposit or zone: Ying Mines
- Mining method: underground

#### Resource Data

- Category: probable
- Tonnes: 2280000
- Grade: 227
- Grade Unit: g/t
- Cutoff Grade: 155
- Cutoff Unit: g/t AgEq

#### Prior Estimate

- Resource Date: 2025-12-31

#### Metal Equivalent

- Assumptions Disclosed: Yes

#### Review

- Needs Review: No
- Historical: No

#### Dates

- Event date: 2026-06-12T00:00:00.000Z

Reasoning: Probable Reserves for silver show strong tonnage growth but a notable decrease in grade and contained metal, which is a mixed signal. \(Expanded from multi-commodity resource table for completeness.\)

- Positive factor: Significant increase in Probable Reserve tonnes \(+55%\).

- Positive factor: NI 43-101 compliant and QP signed.

- Negative factor: Probable Reserve grades for silver decreased by 20% compared to the prior estimate.

- Negative factor: Contained silver in Probable Reserves decreased compared to prior estimate.

Evidence · table

> 227

Context: 2.28

#### Tags used in scoring

**Probable Reserve**

Polarity: positive

Definition: Indicated Resource with demonstrated economic viability after applying modifying factors.

Why it applies: category is "probable"

**Cut-off Disclosed**

Polarity: positive

Definition: Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.

Why it applies: cutoff\_grade is stated

**QP/CP Signed**

Polarity: positive

Definition: Qualified Person \(QP\) or Competent Person \(CP\) named and signed off — a member of a recognized professional association \(e.g., AusIMM, SME, AIG, P.Geo\) with relevant experience.

Why it applies: qp\_signed is true

**NI 43-101 Compliant**

Polarity: positive

Definition: Resource estimate prepared in compliance with NI 43-101 \(Canada\) — high reporting standard.

Why it applies: reporting\_standards includes ni\_43\_101

**No Contained Metal**

Polarity: negative

Definition: Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.

Why it applies: contained\_metal was not reported

### probable

[Link to this fact](https://atlas-extractions.minestarters.com/news/silvercorp-reports-a-mineral-reserve-increase-of-50-in-tonnes-and-20-in-silver-o--435d05fb-84b9-4dd1-8aab-3f3bc6747001#fact-resource-facts-77)

Ying Mining District · lead

#### Identity

- Project: Ying Mining District
- Commodity: lead
- Region: china
- Reported Region: Henan Province, People's Republic of China
- Ticker: SVM

#### Resource scope

- Estimate type: reserve
- Effective date: 2025-12-31T00:00:00.000Z
- Reporting standards: ni\_43\_101
- QP Signed: Yes
- Qualified person names: HA Smith, GK Vartell, S Robinson, RC Stewart, JE Glanvill, A Wilkins, B Nielsen, M Kent, R Carlson, RJ Chesher, D Claffey
- Resource group id: resource:ef7798070c7c3b1aa0d3
- Deposit or zone: Ying Mines
- Mining method: underground

#### Resource Data

- Category: probable
- Tonnes: 2280000
- Grade: 1.04
- Grade Unit: %
- Cutoff Grade: 155
- Cutoff Unit: g/t AgEq

#### Prior Estimate

- Resource Date: 2025-12-31

#### Metal Equivalent

- Assumptions Disclosed: Yes

#### Review

- Needs Review: No
- Historical: No

#### Dates

- Event date: 2026-06-12T00:00:00.000Z

Reasoning: Probable Reserves for silver show strong tonnage growth but a notable decrease in grade and contained metal, which is a mixed signal. \(Expanded from multi-commodity resource table for completeness.\)

- Positive factor: Significant increase in Probable Reserve tonnes \(+55%\).

- Positive factor: NI 43-101 compliant and QP signed.

- Negative factor: Probable Reserve grades for silver decreased by 20% compared to the prior estimate.

- Negative factor: Contained silver in Probable Reserves decreased compared to prior estimate.

Evidence · table

> 1.04

Context: 2.28

#### Tags used in scoring

**Probable Reserve**

Polarity: positive

Definition: Indicated Resource with demonstrated economic viability after applying modifying factors.

Why it applies: category is "probable"

**Cut-off Disclosed**

Polarity: positive

Definition: Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.

Why it applies: cutoff\_grade is stated

**QP/CP Signed**

Polarity: positive

Definition: Qualified Person \(QP\) or Competent Person \(CP\) named and signed off — a member of a recognized professional association \(e.g., AusIMM, SME, AIG, P.Geo\) with relevant experience.

Why it applies: qp\_signed is true

**NI 43-101 Compliant**

Polarity: positive

Definition: Resource estimate prepared in compliance with NI 43-101 \(Canada\) — high reporting standard.

Why it applies: reporting\_standards includes ni\_43\_101

**No Contained Metal**

Polarity: negative

Definition: Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.

Why it applies: contained\_metal was not reported

### probable

[Link to this fact](https://atlas-extractions.minestarters.com/news/silvercorp-reports-a-mineral-reserve-increase-of-50-in-tonnes-and-20-in-silver-o--435d05fb-84b9-4dd1-8aab-3f3bc6747001#fact-resource-facts-78)

Ying Mining District · zinc

#### Identity

- Project: Ying Mining District
- Commodity: zinc
- Region: china
- Reported Region: Henan Province, People's Republic of China
- Ticker: SVM

#### Resource scope

- Estimate type: reserve
- Effective date: 2025-12-31T00:00:00.000Z
- Reporting standards: ni\_43\_101
- QP Signed: Yes
- Qualified person names: HA Smith, GK Vartell, S Robinson, RC Stewart, JE Glanvill, A Wilkins, B Nielsen, M Kent, R Carlson, RJ Chesher, D Claffey
- Resource group id: resource:ef7798070c7c3b1aa0d3
- Deposit or zone: Ying Mines
- Mining method: underground

#### Resource Data

- Category: probable
- Tonnes: 2280000
- Grade: 0.24
- Grade Unit: %
- Cutoff Grade: 155
- Cutoff Unit: g/t AgEq

#### Prior Estimate

- Resource Date: 2025-12-31

#### Metal Equivalent

- Assumptions Disclosed: Yes

#### Review

- Needs Review: No
- Historical: No

#### Dates

- Event date: 2026-06-12T00:00:00.000Z

Reasoning: Probable Reserves for silver show strong tonnage growth but a notable decrease in grade and contained metal, which is a mixed signal. \(Expanded from multi-commodity resource table for completeness.\)

- Positive factor: Significant increase in Probable Reserve tonnes \(+55%\).

- Positive factor: NI 43-101 compliant and QP signed.

- Negative factor: Probable Reserve grades for silver decreased by 20% compared to the prior estimate.

- Negative factor: Contained silver in Probable Reserves decreased compared to prior estimate.

Evidence · table

> 0.24

Context: 2.28

#### Tags used in scoring

**Probable Reserve**

Polarity: positive

Definition: Indicated Resource with demonstrated economic viability after applying modifying factors.

Why it applies: category is "probable"

**Cut-off Disclosed**

Polarity: positive

Definition: Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.

Why it applies: cutoff\_grade is stated

**QP/CP Signed**

Polarity: positive

Definition: Qualified Person \(QP\) or Competent Person \(CP\) named and signed off — a member of a recognized professional association \(e.g., AusIMM, SME, AIG, P.Geo\) with relevant experience.

Why it applies: qp\_signed is true

**NI 43-101 Compliant**

Polarity: positive

Definition: Resource estimate prepared in compliance with NI 43-101 \(Canada\) — high reporting standard.

Why it applies: reporting\_standards includes ni\_43\_101

**No Contained Metal**

Polarity: negative

Definition: Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.

Why it applies: contained\_metal was not reported

### proven

[Link to this fact](https://atlas-extractions.minestarters.com/news/silvercorp-reports-a-mineral-reserve-increase-of-50-in-tonnes-and-20-in-silver-o--435d05fb-84b9-4dd1-8aab-3f3bc6747001#fact-resource-facts-79)

Ying Mining District · gold

#### Identity

- Project: Ying Mining District
- Commodity: gold
- Region: china
- Reported Region: Henan Province, People's Republic of China
- Ticker: SVM

#### Resource scope

- Estimate type: reserve
- Effective date: 2025-12-31T00:00:00.000Z
- Reporting standards: ni\_43\_101
- QP Signed: Yes
- Qualified person names: HA Smith, GK Vartell, S Robinson, RC Stewart, JE Glanvill, A Wilkins, B Nielsen, M Kent, R Carlson, RJ Chesher, D Claffey
- Resource group id: resource:305262d71ec0ca0654c2
- Deposit or zone: Ying Mines
- Mining method: underground

#### Resource Data

- Category: proven
- Tonnes: 1410000
- Grade: 0.29
- Grade Unit: g/t
- Cutoff Grade: 180
- Cutoff Unit: g/t AgEq

#### Prior Estimate

- Resource Date: 2025-12-31

#### Metal Equivalent

- Assumptions Disclosed: Yes

#### Review

- Needs Review: No
- Historical: No

#### Dates

- Event date: 2026-06-12T00:00:00.000Z

Reasoning: Proven Reserves for silver show strong tonnage growth but a notable decrease in grade and contained metal, which is a mixed signal. \(Expanded from multi-commodity resource table for completeness.\)

- Positive factor: Significant increase in Proven Reserve tonnes \(+45%\).

- Positive factor: NI 43-101 compliant and QP signed.

- Negative factor: Proven Reserve grades for silver decreased by 20% compared to the prior estimate.

- Negative factor: Contained silver in Proven Reserves decreased compared to prior estimate.

Evidence · table

> 0.29

Context: 1.41

#### Tags used in scoring

**Proven Reserve**

Polarity: positive

Definition: Measured Resource with demonstrated economic viability after applying modifying factors.

Why it applies: category is "proven"

**Cut-off Disclosed**

Polarity: positive

Definition: Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.

Why it applies: cutoff\_grade is stated

**QP/CP Signed**

Polarity: positive

Definition: Qualified Person \(QP\) or Competent Person \(CP\) named and signed off — a member of a recognized professional association \(e.g., AusIMM, SME, AIG, P.Geo\) with relevant experience.

Why it applies: qp\_signed is true

**NI 43-101 Compliant**

Polarity: positive

Definition: Resource estimate prepared in compliance with NI 43-101 \(Canada\) — high reporting standard.

Why it applies: reporting\_standards includes ni\_43\_101

**No Contained Metal**

Polarity: negative

Definition: Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.

Why it applies: contained\_metal was not reported

### proven

[Link to this fact](https://atlas-extractions.minestarters.com/news/silvercorp-reports-a-mineral-reserve-increase-of-50-in-tonnes-and-20-in-silver-o--435d05fb-84b9-4dd1-8aab-3f3bc6747001#fact-resource-facts-80)

Ying Mining District · silver

#### Identity

- Project: Ying Mining District
- Commodity: silver
- Region: china
- Reported Region: Henan Province, People's Republic of China
- Ticker: SVM

#### Resource scope

- Estimate type: reserve
- Effective date: 2025-12-31T00:00:00.000Z
- Reporting standards: ni\_43\_101
- QP Signed: Yes
- Qualified person names: HA Smith, GK Vartell, S Robinson, RC Stewart, JE Glanvill, A Wilkins, B Nielsen, M Kent, R Carlson, RJ Chesher, D Claffey
- Resource group id: resource:305262d71ec0ca0654c2
- Deposit or zone: Ying Mines
- Mining method: underground

#### Resource Data

- Category: proven
- Tonnes: 1410000
- Grade: 181
- Grade Unit: g/t
- Cutoff Grade: 180
- Cutoff Unit: g/t AgEq

#### Prior Estimate

- Resource Date: 2025-12-31

#### Metal Equivalent

- Assumptions Disclosed: Yes

#### Review

- Needs Review: No
- Historical: No

#### Dates

- Event date: 2026-06-12T00:00:00.000Z

Reasoning: Proven Reserves for silver show strong tonnage growth but a notable decrease in grade and contained metal, which is a mixed signal. \(Expanded from multi-commodity resource table for completeness.\)

- Positive factor: Significant increase in Proven Reserve tonnes \(+45%\).

- Positive factor: NI 43-101 compliant and QP signed.

- Negative factor: Proven Reserve grades for silver decreased by 20% compared to the prior estimate.

- Negative factor: Contained silver in Proven Reserves decreased compared to prior estimate.

Evidence · table

> 181

Context: 1.41

#### Tags used in scoring

**Proven Reserve**

Polarity: positive

Definition: Measured Resource with demonstrated economic viability after applying modifying factors.

Why it applies: category is "proven"

**Cut-off Disclosed**

Polarity: positive

Definition: Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.

Why it applies: cutoff\_grade is stated

**QP/CP Signed**

Polarity: positive

Definition: Qualified Person \(QP\) or Competent Person \(CP\) named and signed off — a member of a recognized professional association \(e.g., AusIMM, SME, AIG, P.Geo\) with relevant experience.

Why it applies: qp\_signed is true

**NI 43-101 Compliant**

Polarity: positive

Definition: Resource estimate prepared in compliance with NI 43-101 \(Canada\) — high reporting standard.

Why it applies: reporting\_standards includes ni\_43\_101

**No Contained Metal**

Polarity: negative

Definition: Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.

Why it applies: contained\_metal was not reported

### proven

[Link to this fact](https://atlas-extractions.minestarters.com/news/silvercorp-reports-a-mineral-reserve-increase-of-50-in-tonnes-and-20-in-silver-o--435d05fb-84b9-4dd1-8aab-3f3bc6747001#fact-resource-facts-81)

Ying Mining District · lead

#### Identity

- Project: Ying Mining District
- Commodity: lead
- Region: china
- Reported Region: Henan Province, People's Republic of China
- Ticker: SVM

#### Resource scope

- Estimate type: reserve
- Effective date: 2025-12-31T00:00:00.000Z
- Reporting standards: ni\_43\_101
- QP Signed: Yes
- Qualified person names: HA Smith, GK Vartell, S Robinson, RC Stewart, JE Glanvill, A Wilkins, B Nielsen, M Kent, R Carlson, RJ Chesher, D Claffey
- Resource group id: resource:305262d71ec0ca0654c2
- Deposit or zone: Ying Mines
- Mining method: underground

#### Resource Data

- Category: proven
- Tonnes: 1410000
- Grade: 1.37
- Grade Unit: %
- Cutoff Grade: 180
- Cutoff Unit: g/t AgEq

#### Prior Estimate

- Resource Date: 2025-12-31

#### Metal Equivalent

- Assumptions Disclosed: Yes

#### Review

- Needs Review: No
- Historical: No

#### Dates

- Event date: 2026-06-12T00:00:00.000Z

Reasoning: Proven Reserves for silver show strong tonnage growth but a notable decrease in grade and contained metal, which is a mixed signal. \(Expanded from multi-commodity resource table for completeness.\)

- Positive factor: Significant increase in Proven Reserve tonnes \(+45%\).

- Positive factor: NI 43-101 compliant and QP signed.

- Negative factor: Proven Reserve grades for silver decreased by 20% compared to the prior estimate.

- Negative factor: Contained silver in Proven Reserves decreased compared to prior estimate.

Evidence · table

> 1.37

Context: 1.41

#### Tags used in scoring

**Proven Reserve**

Polarity: positive

Definition: Measured Resource with demonstrated economic viability after applying modifying factors.

Why it applies: category is "proven"

**Cut-off Disclosed**

Polarity: positive

Definition: Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.

Why it applies: cutoff\_grade is stated

**QP/CP Signed**

Polarity: positive

Definition: Qualified Person \(QP\) or Competent Person \(CP\) named and signed off — a member of a recognized professional association \(e.g., AusIMM, SME, AIG, P.Geo\) with relevant experience.

Why it applies: qp\_signed is true

**NI 43-101 Compliant**

Polarity: positive

Definition: Resource estimate prepared in compliance with NI 43-101 \(Canada\) — high reporting standard.

Why it applies: reporting\_standards includes ni\_43\_101

**No Contained Metal**

Polarity: negative

Definition: Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.

Why it applies: contained\_metal was not reported

### proven

[Link to this fact](https://atlas-extractions.minestarters.com/news/silvercorp-reports-a-mineral-reserve-increase-of-50-in-tonnes-and-20-in-silver-o--435d05fb-84b9-4dd1-8aab-3f3bc6747001#fact-resource-facts-82)

Ying Mining District · copper

#### Identity

- Project: Ying Mining District
- Commodity: copper
- Region: china
- Reported Region: Henan Province, People's Republic of China
- Ticker: SVM

#### Resource scope

- Estimate type: reserve
- Effective date: 2025-12-31T00:00:00.000Z
- Reporting standards: ni\_43\_101
- QP Signed: Yes
- Qualified person names: HA Smith, GK Vartell, S Robinson, RC Stewart, JE Glanvill, A Wilkins, B Nielsen, M Kent, R Carlson, RJ Chesher, D Claffey
- Resource group id: resource:305262d71ec0ca0654c2
- Deposit or zone: Ying Mines
- Mining method: underground

#### Resource Data

- Category: proven
- Tonnes: 1410000
- Grade: 0.13
- Grade Unit: %
- Cutoff Grade: 180
- Cutoff Unit: g/t AgEq

#### Prior Estimate

- Resource Date: 2025-12-31

#### Metal Equivalent

- Assumptions Disclosed: Yes

#### Review

- Needs Review: No
- Historical: No

#### Dates

- Event date: 2026-06-12T00:00:00.000Z

Reasoning: Proven Reserves for silver show strong tonnage growth but a notable decrease in grade and contained metal, which is a mixed signal. \(Expanded from multi-commodity resource table for completeness.\)

- Positive factor: Significant increase in Proven Reserve tonnes \(+45%\).

- Positive factor: NI 43-101 compliant and QP signed.

- Negative factor: Proven Reserve grades for silver decreased by 20% compared to the prior estimate.

- Negative factor: Contained silver in Proven Reserves decreased compared to prior estimate.

Evidence · table

> 0.13

Context: 1.41

#### Tags used in scoring

**Proven Reserve**

Polarity: positive

Definition: Measured Resource with demonstrated economic viability after applying modifying factors.

Why it applies: category is "proven"

**Cut-off Disclosed**

Polarity: positive

Definition: Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.

Why it applies: cutoff\_grade is stated

**QP/CP Signed**

Polarity: positive

Definition: Qualified Person \(QP\) or Competent Person \(CP\) named and signed off — a member of a recognized professional association \(e.g., AusIMM, SME, AIG, P.Geo\) with relevant experience.

Why it applies: qp\_signed is true

**NI 43-101 Compliant**

Polarity: positive

Definition: Resource estimate prepared in compliance with NI 43-101 \(Canada\) — high reporting standard.

Why it applies: reporting\_standards includes ni\_43\_101

**No Contained Metal**

Polarity: negative

Definition: Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.

Why it applies: contained\_metal was not reported

### probable

[Link to this fact](https://atlas-extractions.minestarters.com/news/silvercorp-reports-a-mineral-reserve-increase-of-50-in-tonnes-and-20-in-silver-o--435d05fb-84b9-4dd1-8aab-3f3bc6747001#fact-resource-facts-83)

Ying Mining District · gold

#### Identity

- Project: Ying Mining District
- Commodity: gold
- Region: china
- Reported Region: Henan Province, People's Republic of China
- Ticker: SVM

#### Resource scope

- Estimate type: reserve
- Effective date: 2025-12-31T00:00:00.000Z
- Reporting standards: ni\_43\_101
- QP Signed: Yes
- Qualified person names: HA Smith, GK Vartell, S Robinson, RC Stewart, JE Glanvill, A Wilkins, B Nielsen, M Kent, R Carlson, RJ Chesher, D Claffey
- Resource group id: resource:964d721b9f864ac39d2a
- Deposit or zone: Ying Mines
- Mining method: underground

#### Resource Data

- Category: probable
- Tonnes: 1060000
- Grade: 0.5
- Grade Unit: g/t
- Cutoff Grade: 155
- Cutoff Unit: g/t AgEq

#### Prior Estimate

- Resource Date: 2025-12-31

#### Metal Equivalent

- Assumptions Disclosed: Yes

#### Review

- Needs Review: No
- Historical: No

#### Dates

- Event date: 2026-06-12T00:00:00.000Z

Reasoning: Probable Reserves for silver show strong tonnage growth but a notable decrease in grade and contained metal, which is a mixed signal. \(Expanded from multi-commodity resource table for completeness.\)

- Positive factor: Significant increase in Probable Reserve tonnes \(+55%\).

- Positive factor: NI 43-101 compliant and QP signed.

- Negative factor: Probable Reserve grades for silver decreased by 20% compared to the prior estimate.

- Negative factor: Contained silver in Probable Reserves decreased compared to prior estimate.

Evidence · table

> 0.50

Context: 1.06

#### Tags used in scoring

**Probable Reserve**

Polarity: positive

Definition: Indicated Resource with demonstrated economic viability after applying modifying factors.

Why it applies: category is "probable"

**Cut-off Disclosed**

Polarity: positive

Definition: Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.

Why it applies: cutoff\_grade is stated

**QP/CP Signed**

Polarity: positive

Definition: Qualified Person \(QP\) or Competent Person \(CP\) named and signed off — a member of a recognized professional association \(e.g., AusIMM, SME, AIG, P.Geo\) with relevant experience.

Why it applies: qp\_signed is true

**NI 43-101 Compliant**

Polarity: positive

Definition: Resource estimate prepared in compliance with NI 43-101 \(Canada\) — high reporting standard.

Why it applies: reporting\_standards includes ni\_43\_101

**No Contained Metal**

Polarity: negative

Definition: Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.

Why it applies: contained\_metal was not reported

### probable

[Link to this fact](https://atlas-extractions.minestarters.com/news/silvercorp-reports-a-mineral-reserve-increase-of-50-in-tonnes-and-20-in-silver-o--435d05fb-84b9-4dd1-8aab-3f3bc6747001#fact-resource-facts-84)

Ying Mining District · silver

#### Identity

- Project: Ying Mining District
- Commodity: silver
- Region: china
- Reported Region: Henan Province, People's Republic of China
- Ticker: SVM

#### Resource scope

- Estimate type: reserve
- Effective date: 2025-12-31T00:00:00.000Z
- Reporting standards: ni\_43\_101
- QP Signed: Yes
- Qualified person names: HA Smith, GK Vartell, S Robinson, RC Stewart, JE Glanvill, A Wilkins, B Nielsen, M Kent, R Carlson, RJ Chesher, D Claffey
- Resource group id: resource:964d721b9f864ac39d2a
- Deposit or zone: Ying Mines
- Mining method: underground

#### Resource Data

- Category: probable
- Tonnes: 1060000
- Grade: 152
- Grade Unit: g/t
- Cutoff Grade: 155
- Cutoff Unit: g/t AgEq

#### Prior Estimate

- Resource Date: 2025-12-31

#### Metal Equivalent

- Assumptions Disclosed: Yes

#### Review

- Needs Review: No
- Historical: No

#### Dates

- Event date: 2026-06-12T00:00:00.000Z

Reasoning: Probable Reserves for silver show strong tonnage growth but a notable decrease in grade and contained metal, which is a mixed signal. \(Expanded from multi-commodity resource table for completeness.\)

- Positive factor: Significant increase in Probable Reserve tonnes \(+55%\).

- Positive factor: NI 43-101 compliant and QP signed.

- Negative factor: Probable Reserve grades for silver decreased by 20% compared to the prior estimate.

- Negative factor: Contained silver in Probable Reserves decreased compared to prior estimate.

Evidence · table

> 152

Context: 1.06

#### Tags used in scoring

**Probable Reserve**

Polarity: positive

Definition: Indicated Resource with demonstrated economic viability after applying modifying factors.

Why it applies: category is "probable"

**Cut-off Disclosed**

Polarity: positive

Definition: Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.

Why it applies: cutoff\_grade is stated

**QP/CP Signed**

Polarity: positive

Definition: Qualified Person \(QP\) or Competent Person \(CP\) named and signed off — a member of a recognized professional association \(e.g., AusIMM, SME, AIG, P.Geo\) with relevant experience.

Why it applies: qp\_signed is true

**NI 43-101 Compliant**

Polarity: positive

Definition: Resource estimate prepared in compliance with NI 43-101 \(Canada\) — high reporting standard.

Why it applies: reporting\_standards includes ni\_43\_101

**No Contained Metal**

Polarity: negative

Definition: Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.

Why it applies: contained\_metal was not reported

### probable

[Link to this fact](https://atlas-extractions.minestarters.com/news/silvercorp-reports-a-mineral-reserve-increase-of-50-in-tonnes-and-20-in-silver-o--435d05fb-84b9-4dd1-8aab-3f3bc6747001#fact-resource-facts-85)

Ying Mining District · lead

#### Identity

- Project: Ying Mining District
- Commodity: lead
- Region: china
- Reported Region: Henan Province, People's Republic of China
- Ticker: SVM

#### Resource scope

- Estimate type: reserve
- Effective date: 2025-12-31T00:00:00.000Z
- Reporting standards: ni\_43\_101
- QP Signed: Yes
- Qualified person names: HA Smith, GK Vartell, S Robinson, RC Stewart, JE Glanvill, A Wilkins, B Nielsen, M Kent, R Carlson, RJ Chesher, D Claffey
- Resource group id: resource:964d721b9f864ac39d2a
- Deposit or zone: Ying Mines
- Mining method: underground

#### Resource Data

- Category: probable
- Tonnes: 1060000
- Grade: 1.23
- Grade Unit: %
- Cutoff Grade: 155
- Cutoff Unit: g/t AgEq

#### Prior Estimate

- Resource Date: 2025-12-31

#### Metal Equivalent

- Assumptions Disclosed: Yes

#### Review

- Needs Review: No
- Historical: No

#### Dates

- Event date: 2026-06-12T00:00:00.000Z

Reasoning: Probable Reserves for silver show strong tonnage growth but a notable decrease in grade and contained metal, which is a mixed signal. \(Expanded from multi-commodity resource table for completeness.\)

- Positive factor: Significant increase in Probable Reserve tonnes \(+55%\).

- Positive factor: NI 43-101 compliant and QP signed.

- Negative factor: Probable Reserve grades for silver decreased by 20% compared to the prior estimate.

- Negative factor: Contained silver in Probable Reserves decreased compared to prior estimate.

Evidence · table

> 1.23

Context: 1.06

#### Tags used in scoring

**Probable Reserve**

Polarity: positive

Definition: Indicated Resource with demonstrated economic viability after applying modifying factors.

Why it applies: category is "probable"

**Cut-off Disclosed**

Polarity: positive

Definition: Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.

Why it applies: cutoff\_grade is stated

**QP/CP Signed**

Polarity: positive

Definition: Qualified Person \(QP\) or Competent Person \(CP\) named and signed off — a member of a recognized professional association \(e.g., AusIMM, SME, AIG, P.Geo\) with relevant experience.

Why it applies: qp\_signed is true

**NI 43-101 Compliant**

Polarity: positive

Definition: Resource estimate prepared in compliance with NI 43-101 \(Canada\) — high reporting standard.

Why it applies: reporting\_standards includes ni\_43\_101

**No Contained Metal**

Polarity: negative

Definition: Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.

Why it applies: contained\_metal was not reported

### probable

[Link to this fact](https://atlas-extractions.minestarters.com/news/silvercorp-reports-a-mineral-reserve-increase-of-50-in-tonnes-and-20-in-silver-o--435d05fb-84b9-4dd1-8aab-3f3bc6747001#fact-resource-facts-86)

Ying Mining District · copper

#### Identity

- Project: Ying Mining District
- Commodity: copper
- Region: china
- Reported Region: Henan Province, People's Republic of China
- Ticker: SVM

#### Resource scope

- Estimate type: reserve
- Effective date: 2025-12-31T00:00:00.000Z
- Reporting standards: ni\_43\_101
- QP Signed: Yes
- Qualified person names: HA Smith, GK Vartell, S Robinson, RC Stewart, JE Glanvill, A Wilkins, B Nielsen, M Kent, R Carlson, RJ Chesher, D Claffey
- Resource group id: resource:964d721b9f864ac39d2a
- Deposit or zone: Ying Mines
- Mining method: underground

#### Resource Data

- Category: probable
- Tonnes: 1060000
- Grade: 0.09
- Grade Unit: %
- Cutoff Grade: 155
- Cutoff Unit: g/t AgEq

#### Prior Estimate

- Resource Date: 2025-12-31

#### Metal Equivalent

- Assumptions Disclosed: Yes

#### Review

- Needs Review: No
- Historical: No

#### Dates

- Event date: 2026-06-12T00:00:00.000Z

Reasoning: Probable Reserves for silver show strong tonnage growth but a notable decrease in grade and contained metal, which is a mixed signal. \(Expanded from multi-commodity resource table for completeness.\)

- Positive factor: Significant increase in Probable Reserve tonnes \(+55%\).

- Positive factor: NI 43-101 compliant and QP signed.

- Negative factor: Probable Reserve grades for silver decreased by 20% compared to the prior estimate.

- Negative factor: Contained silver in Probable Reserves decreased compared to prior estimate.

Evidence · table

> 0.09

Context: 1.06

#### Tags used in scoring

**Probable Reserve**

Polarity: positive

Definition: Indicated Resource with demonstrated economic viability after applying modifying factors.

Why it applies: category is "probable"

**Cut-off Disclosed**

Polarity: positive

Definition: Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.

Why it applies: cutoff\_grade is stated

**QP/CP Signed**

Polarity: positive

Definition: Qualified Person \(QP\) or Competent Person \(CP\) named and signed off — a member of a recognized professional association \(e.g., AusIMM, SME, AIG, P.Geo\) with relevant experience.

Why it applies: qp\_signed is true

**NI 43-101 Compliant**

Polarity: positive

Definition: Resource estimate prepared in compliance with NI 43-101 \(Canada\) — high reporting standard.

Why it applies: reporting\_standards includes ni\_43\_101

**No Contained Metal**

Polarity: negative

Definition: Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.

Why it applies: contained\_metal was not reported

### probable

[Link to this fact](https://atlas-extractions.minestarters.com/news/silvercorp-reports-a-mineral-reserve-increase-of-50-in-tonnes-and-20-in-silver-o--435d05fb-84b9-4dd1-8aab-3f3bc6747001#fact-resource-facts-87)

Ying Mining District · gold

#### Identity

- Project: Ying Mining District
- Commodity: gold
- Region: china
- Reported Region: Henan Province, People's Republic of China
- Ticker: SVM

#### Resource scope

- Estimate type: reserve
- Effective date: 2025-12-31T00:00:00.000Z
- Reporting standards: ni\_43\_101
- QP Signed: Yes
- Qualified person names: HA Smith, GK Vartell, S Robinson, RC Stewart, JE Glanvill, A Wilkins, B Nielsen, M Kent, R Carlson, RJ Chesher, D Claffey
- Resource group id: resource:a697359ce24419f784e2
- Deposit or zone: Ying Mines
- Mining method: underground

#### Resource Data

- Category: probable
- Tonnes: 2480000
- Grade: 0.38
- Grade Unit: g/t
- Cutoff Grade: 155
- Cutoff Unit: g/t AgEq

#### Prior Estimate

- Resource Date: 2025-12-31

#### Metal Equivalent

- Assumptions Disclosed: Yes

#### Review

- Needs Review: No
- Historical: No

#### Dates

- Event date: 2026-06-12T00:00:00.000Z

Reasoning: Probable Reserves for silver show strong tonnage growth but a notable decrease in grade and contained metal, which is a mixed signal. \(Expanded from multi-commodity resource table for completeness.\)

- Positive factor: Significant increase in Probable Reserve tonnes \(+55%\).

- Positive factor: NI 43-101 compliant and QP signed.

- Negative factor: Probable Reserve grades for silver decreased by 20% compared to the prior estimate.

- Negative factor: Contained silver in Probable Reserves decreased compared to prior estimate.

Evidence · table

> 0.38

Context: 2.48

#### Tags used in scoring

**Probable Reserve**

Polarity: positive

Definition: Indicated Resource with demonstrated economic viability after applying modifying factors.

Why it applies: category is "probable"

**Cut-off Disclosed**

Polarity: positive

Definition: Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.

Why it applies: cutoff\_grade is stated

**QP/CP Signed**

Polarity: positive

Definition: Qualified Person \(QP\) or Competent Person \(CP\) named and signed off — a member of a recognized professional association \(e.g., AusIMM, SME, AIG, P.Geo\) with relevant experience.

Why it applies: qp\_signed is true

**NI 43-101 Compliant**

Polarity: positive

Definition: Resource estimate prepared in compliance with NI 43-101 \(Canada\) — high reporting standard.

Why it applies: reporting\_standards includes ni\_43\_101

**No Contained Metal**

Polarity: negative

Definition: Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.

Why it applies: contained\_metal was not reported

### probable

[Link to this fact](https://atlas-extractions.minestarters.com/news/silvercorp-reports-a-mineral-reserve-increase-of-50-in-tonnes-and-20-in-silver-o--435d05fb-84b9-4dd1-8aab-3f3bc6747001#fact-resource-facts-88)

Ying Mining District · silver

#### Identity

- Project: Ying Mining District
- Commodity: silver
- Region: china
- Reported Region: Henan Province, People's Republic of China
- Ticker: SVM

#### Resource scope

- Estimate type: reserve
- Effective date: 2025-12-31T00:00:00.000Z
- Reporting standards: ni\_43\_101
- QP Signed: Yes
- Qualified person names: HA Smith, GK Vartell, S Robinson, RC Stewart, JE Glanvill, A Wilkins, B Nielsen, M Kent, R Carlson, RJ Chesher, D Claffey
- Resource group id: resource:a697359ce24419f784e2
- Deposit or zone: Ying Mines
- Mining method: underground

#### Resource Data

- Category: probable
- Tonnes: 2480000
- Grade: 168
- Grade Unit: g/t
- Cutoff Grade: 155
- Cutoff Unit: g/t AgEq

#### Prior Estimate

- Resource Date: 2025-12-31

#### Metal Equivalent

- Assumptions Disclosed: Yes

#### Review

- Needs Review: No
- Historical: No

#### Dates

- Event date: 2026-06-12T00:00:00.000Z

Reasoning: Probable Reserves for silver show strong tonnage growth but a notable decrease in grade and contained metal, which is a mixed signal. \(Expanded from multi-commodity resource table for completeness.\)

- Positive factor: Significant increase in Probable Reserve tonnes \(+55%\).

- Positive factor: NI 43-101 compliant and QP signed.

- Negative factor: Probable Reserve grades for silver decreased by 20% compared to the prior estimate.

- Negative factor: Contained silver in Probable Reserves decreased compared to prior estimate.

Evidence · table

> 168

Context: 2.48

#### Tags used in scoring

**Probable Reserve**

Polarity: positive

Definition: Indicated Resource with demonstrated economic viability after applying modifying factors.

Why it applies: category is "probable"

**Cut-off Disclosed**

Polarity: positive

Definition: Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.

Why it applies: cutoff\_grade is stated

**QP/CP Signed**

Polarity: positive

Definition: Qualified Person \(QP\) or Competent Person \(CP\) named and signed off — a member of a recognized professional association \(e.g., AusIMM, SME, AIG, P.Geo\) with relevant experience.

Why it applies: qp\_signed is true

**NI 43-101 Compliant**

Polarity: positive

Definition: Resource estimate prepared in compliance with NI 43-101 \(Canada\) — high reporting standard.

Why it applies: reporting\_standards includes ni\_43\_101

**No Contained Metal**

Polarity: negative

Definition: Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.

Why it applies: contained\_metal was not reported

### probable

[Link to this fact](https://atlas-extractions.minestarters.com/news/silvercorp-reports-a-mineral-reserve-increase-of-50-in-tonnes-and-20-in-silver-o--435d05fb-84b9-4dd1-8aab-3f3bc6747001#fact-resource-facts-89)

Ying Mining District · lead

#### Identity

- Project: Ying Mining District
- Commodity: lead
- Region: china
- Reported Region: Henan Province, People's Republic of China
- Ticker: SVM

#### Resource scope

- Estimate type: reserve
- Effective date: 2025-12-31T00:00:00.000Z
- Reporting standards: ni\_43\_101
- QP Signed: Yes
- Qualified person names: HA Smith, GK Vartell, S Robinson, RC Stewart, JE Glanvill, A Wilkins, B Nielsen, M Kent, R Carlson, RJ Chesher, D Claffey
- Resource group id: resource:a697359ce24419f784e2
- Deposit or zone: Ying Mines
- Mining method: underground

#### Resource Data

- Category: probable
- Tonnes: 2480000
- Grade: 1.31
- Grade Unit: %
- Cutoff Grade: 155
- Cutoff Unit: g/t AgEq

#### Prior Estimate

- Resource Date: 2025-12-31

#### Metal Equivalent

- Assumptions Disclosed: Yes

#### Review

- Needs Review: No
- Historical: No

#### Dates

- Event date: 2026-06-12T00:00:00.000Z

Reasoning: Probable Reserves for silver show strong tonnage growth but a notable decrease in grade and contained metal, which is a mixed signal. \(Expanded from multi-commodity resource table for completeness.\)

- Positive factor: Significant increase in Probable Reserve tonnes \(+55%\).

- Positive factor: NI 43-101 compliant and QP signed.

- Negative factor: Probable Reserve grades for silver decreased by 20% compared to the prior estimate.

- Negative factor: Contained silver in Probable Reserves decreased compared to prior estimate.

Evidence · table

> 1.31

Context: 2.48

#### Tags used in scoring

**Probable Reserve**

Polarity: positive

Definition: Indicated Resource with demonstrated economic viability after applying modifying factors.

Why it applies: category is "probable"

**Cut-off Disclosed**

Polarity: positive

Definition: Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.

Why it applies: cutoff\_grade is stated

**QP/CP Signed**

Polarity: positive

Definition: Qualified Person \(QP\) or Competent Person \(CP\) named and signed off — a member of a recognized professional association \(e.g., AusIMM, SME, AIG, P.Geo\) with relevant experience.

Why it applies: qp\_signed is true

**NI 43-101 Compliant**

Polarity: positive

Definition: Resource estimate prepared in compliance with NI 43-101 \(Canada\) — high reporting standard.

Why it applies: reporting\_standards includes ni\_43\_101

**No Contained Metal**

Polarity: negative

Definition: Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.

Why it applies: contained\_metal was not reported

### probable

[Link to this fact](https://atlas-extractions.minestarters.com/news/silvercorp-reports-a-mineral-reserve-increase-of-50-in-tonnes-and-20-in-silver-o--435d05fb-84b9-4dd1-8aab-3f3bc6747001#fact-resource-facts-90)

Ying Mining District · copper

#### Identity

- Project: Ying Mining District
- Commodity: copper
- Region: china
- Reported Region: Henan Province, People's Republic of China
- Ticker: SVM

#### Resource scope

- Estimate type: reserve
- Effective date: 2025-12-31T00:00:00.000Z
- Reporting standards: ni\_43\_101
- QP Signed: Yes
- Qualified person names: HA Smith, GK Vartell, S Robinson, RC Stewart, JE Glanvill, A Wilkins, B Nielsen, M Kent, R Carlson, RJ Chesher, D Claffey
- Resource group id: resource:a697359ce24419f784e2
- Deposit or zone: Ying Mines
- Mining method: underground

#### Resource Data

- Category: probable
- Tonnes: 2480000
- Grade: 0.11
- Grade Unit: %
- Cutoff Grade: 155
- Cutoff Unit: g/t AgEq

#### Prior Estimate

- Resource Date: 2025-12-31

#### Metal Equivalent

- Assumptions Disclosed: Yes

#### Review

- Needs Review: No
- Historical: No

#### Dates

- Event date: 2026-06-12T00:00:00.000Z

Reasoning: Probable Reserves for silver show strong tonnage growth but a notable decrease in grade and contained metal, which is a mixed signal. \(Expanded from multi-commodity resource table for completeness.\)

- Positive factor: Significant increase in Probable Reserve tonnes \(+55%\).

- Positive factor: NI 43-101 compliant and QP signed.

- Negative factor: Probable Reserve grades for silver decreased by 20% compared to the prior estimate.

- Negative factor: Contained silver in Probable Reserves decreased compared to prior estimate.

Evidence · table

> 0.11

Context: 2.48

#### Tags used in scoring

**Probable Reserve**

Polarity: positive

Definition: Indicated Resource with demonstrated economic viability after applying modifying factors.

Why it applies: category is "probable"

**Cut-off Disclosed**

Polarity: positive

Definition: Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.

Why it applies: cutoff\_grade is stated

**QP/CP Signed**

Polarity: positive

Definition: Qualified Person \(QP\) or Competent Person \(CP\) named and signed off — a member of a recognized professional association \(e.g., AusIMM, SME, AIG, P.Geo\) with relevant experience.

Why it applies: qp\_signed is true

**NI 43-101 Compliant**

Polarity: positive

Definition: Resource estimate prepared in compliance with NI 43-101 \(Canada\) — high reporting standard.

Why it applies: reporting\_standards includes ni\_43\_101

**No Contained Metal**

Polarity: negative

Definition: Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.

Why it applies: contained\_metal was not reported

### proven

[Link to this fact](https://atlas-extractions.minestarters.com/news/silvercorp-reports-a-mineral-reserve-increase-of-50-in-tonnes-and-20-in-silver-o--435d05fb-84b9-4dd1-8aab-3f3bc6747001#fact-resource-facts-91)

Ying Mining District · gold

#### Identity

- Project: Ying Mining District
- Commodity: gold
- Region: china
- Reported Region: Henan Province, People's Republic of China
- Ticker: SVM

#### Resource scope

- Estimate type: reserve
- Effective date: 2025-12-31T00:00:00.000Z
- Reporting standards: ni\_43\_101
- QP Signed: Yes
- Qualified person names: HA Smith, GK Vartell, S Robinson, RC Stewart, JE Glanvill, A Wilkins, B Nielsen, M Kent, R Carlson, RJ Chesher, D Claffey
- Resource group id: resource:f67ed31883075e858153
- Deposit or zone: Ying Mines
- Mining method: underground

#### Resource Data

- Category: proven
- Tonnes: 150000
- Grade: 1.64
- Grade Unit: g/t
- Cutoff Grade: 180
- Cutoff Unit: g/t AgEq

#### Prior Estimate

- Resource Date: 2025-12-31

#### Metal Equivalent

- Assumptions Disclosed: Yes

#### Review

- Needs Review: No
- Historical: No

#### Dates

- Event date: 2026-06-12T00:00:00.000Z

Reasoning: Proven Reserves for silver show strong tonnage growth but a notable decrease in grade and contained metal, which is a mixed signal. \(Expanded from multi-commodity resource table for completeness.\)

- Positive factor: Significant increase in Proven Reserve tonnes \(+45%\).

- Positive factor: NI 43-101 compliant and QP signed.

- Negative factor: Proven Reserve grades for silver decreased by 20% compared to the prior estimate.

- Negative factor: Contained silver in Proven Reserves decreased compared to prior estimate.

Evidence · table

> 1.64

Context: 0.15

#### Tags used in scoring

**Proven Reserve**

Polarity: positive

Definition: Measured Resource with demonstrated economic viability after applying modifying factors.

Why it applies: category is "proven"

**Cut-off Disclosed**

Polarity: positive

Definition: Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.

Why it applies: cutoff\_grade is stated

**QP/CP Signed**

Polarity: positive

Definition: Qualified Person \(QP\) or Competent Person \(CP\) named and signed off — a member of a recognized professional association \(e.g., AusIMM, SME, AIG, P.Geo\) with relevant experience.

Why it applies: qp\_signed is true

**NI 43-101 Compliant**

Polarity: positive

Definition: Resource estimate prepared in compliance with NI 43-101 \(Canada\) — high reporting standard.

Why it applies: reporting\_standards includes ni\_43\_101

**No Contained Metal**

Polarity: negative

Definition: Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.

Why it applies: contained\_metal was not reported

### proven

[Link to this fact](https://atlas-extractions.minestarters.com/news/silvercorp-reports-a-mineral-reserve-increase-of-50-in-tonnes-and-20-in-silver-o--435d05fb-84b9-4dd1-8aab-3f3bc6747001#fact-resource-facts-92)

Ying Mining District · silver

#### Identity

- Project: Ying Mining District
- Commodity: silver
- Region: china
- Reported Region: Henan Province, People's Republic of China
- Ticker: SVM

#### Resource scope

- Estimate type: reserve
- Effective date: 2025-12-31T00:00:00.000Z
- Reporting standards: ni\_43\_101
- QP Signed: Yes
- Qualified person names: HA Smith, GK Vartell, S Robinson, RC Stewart, JE Glanvill, A Wilkins, B Nielsen, M Kent, R Carlson, RJ Chesher, D Claffey
- Resource group id: resource:f67ed31883075e858153
- Deposit or zone: Ying Mines
- Mining method: underground

#### Resource Data

- Category: proven
- Tonnes: 150000
- Grade: 44
- Grade Unit: g/t
- Cutoff Grade: 180
- Cutoff Unit: g/t AgEq

#### Prior Estimate

- Resource Date: 2025-12-31

#### Metal Equivalent

- Assumptions Disclosed: Yes

#### Review

- Needs Review: No
- Historical: No

#### Dates

- Event date: 2026-06-12T00:00:00.000Z

Reasoning: Proven Reserves for silver show strong tonnage growth but a notable decrease in grade and contained metal, which is a mixed signal. \(Expanded from multi-commodity resource table for completeness.\)

- Positive factor: Significant increase in Proven Reserve tonnes \(+45%\).

- Positive factor: NI 43-101 compliant and QP signed.

- Negative factor: Proven Reserve grades for silver decreased by 20% compared to the prior estimate.

- Negative factor: Contained silver in Proven Reserves decreased compared to prior estimate.

Evidence · table

> 44

Context: 0.15

#### Tags used in scoring

**Proven Reserve**

Polarity: positive

Definition: Measured Resource with demonstrated economic viability after applying modifying factors.

Why it applies: category is "proven"

**Cut-off Disclosed**

Polarity: positive

Definition: Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.

Why it applies: cutoff\_grade is stated

**QP/CP Signed**

Polarity: positive

Definition: Qualified Person \(QP\) or Competent Person \(CP\) named and signed off — a member of a recognized professional association \(e.g., AusIMM, SME, AIG, P.Geo\) with relevant experience.

Why it applies: qp\_signed is true

**NI 43-101 Compliant**

Polarity: positive

Definition: Resource estimate prepared in compliance with NI 43-101 \(Canada\) — high reporting standard.

Why it applies: reporting\_standards includes ni\_43\_101

**No Contained Metal**

Polarity: negative

Definition: Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.

Why it applies: contained\_metal was not reported

### proven

[Link to this fact](https://atlas-extractions.minestarters.com/news/silvercorp-reports-a-mineral-reserve-increase-of-50-in-tonnes-and-20-in-silver-o--435d05fb-84b9-4dd1-8aab-3f3bc6747001#fact-resource-facts-93)

Ying Mining District · lead

#### Identity

- Project: Ying Mining District
- Commodity: lead
- Region: china
- Reported Region: Henan Province, People's Republic of China
- Ticker: SVM

#### Resource scope

- Estimate type: reserve
- Effective date: 2025-12-31T00:00:00.000Z
- Reporting standards: ni\_43\_101
- QP Signed: Yes
- Qualified person names: HA Smith, GK Vartell, S Robinson, RC Stewart, JE Glanvill, A Wilkins, B Nielsen, M Kent, R Carlson, RJ Chesher, D Claffey
- Resource group id: resource:f67ed31883075e858153
- Deposit or zone: Ying Mines
- Mining method: underground

#### Resource Data

- Category: proven
- Tonnes: 150000
- Grade: 0.46
- Grade Unit: %
- Cutoff Grade: 180
- Cutoff Unit: g/t AgEq

#### Prior Estimate

- Resource Date: 2025-12-31

#### Metal Equivalent

- Assumptions Disclosed: Yes

#### Review

- Needs Review: No
- Historical: No

#### Dates

- Event date: 2026-06-12T00:00:00.000Z

Reasoning: Proven Reserves for silver show strong tonnage growth but a notable decrease in grade and contained metal, which is a mixed signal. \(Expanded from multi-commodity resource table for completeness.\)

- Positive factor: Significant increase in Proven Reserve tonnes \(+45%\).

- Positive factor: NI 43-101 compliant and QP signed.

- Negative factor: Proven Reserve grades for silver decreased by 20% compared to the prior estimate.

- Negative factor: Contained silver in Proven Reserves decreased compared to prior estimate.

Evidence · table

> 0.46

Context: 0.15

#### Tags used in scoring

**Proven Reserve**

Polarity: positive

Definition: Measured Resource with demonstrated economic viability after applying modifying factors.

Why it applies: category is "proven"

**Cut-off Disclosed**

Polarity: positive

Definition: Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.

Why it applies: cutoff\_grade is stated

**QP/CP Signed**

Polarity: positive

Definition: Qualified Person \(QP\) or Competent Person \(CP\) named and signed off — a member of a recognized professional association \(e.g., AusIMM, SME, AIG, P.Geo\) with relevant experience.

Why it applies: qp\_signed is true

**NI 43-101 Compliant**

Polarity: positive

Definition: Resource estimate prepared in compliance with NI 43-101 \(Canada\) — high reporting standard.

Why it applies: reporting\_standards includes ni\_43\_101

**No Contained Metal**

Polarity: negative

Definition: Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.

Why it applies: contained\_metal was not reported

### probable

[Link to this fact](https://atlas-extractions.minestarters.com/news/silvercorp-reports-a-mineral-reserve-increase-of-50-in-tonnes-and-20-in-silver-o--435d05fb-84b9-4dd1-8aab-3f3bc6747001#fact-resource-facts-94)

Ying Mining District · gold

#### Identity

- Project: Ying Mining District
- Commodity: gold
- Region: china
- Reported Region: Henan Province, People's Republic of China
- Ticker: SVM

#### Resource scope

- Estimate type: reserve
- Effective date: 2025-12-31T00:00:00.000Z
- Reporting standards: ni\_43\_101
- QP Signed: Yes
- Qualified person names: HA Smith, GK Vartell, S Robinson, RC Stewart, JE Glanvill, A Wilkins, B Nielsen, M Kent, R Carlson, RJ Chesher, D Claffey
- Resource group id: resource:2287b50ffd4a19154b2e
- Deposit or zone: Ying Mines
- Mining method: underground

#### Resource Data

- Category: probable
- Tonnes: 210000
- Grade: 0.66
- Grade Unit: g/t
- Cutoff Grade: 155
- Cutoff Unit: g/t AgEq

#### Prior Estimate

- Resource Date: 2025-12-31

#### Metal Equivalent

- Assumptions Disclosed: Yes

#### Review

- Needs Review: No
- Historical: No

#### Dates

- Event date: 2026-06-12T00:00:00.000Z

Reasoning: Probable Reserves for silver show strong tonnage growth but a notable decrease in grade and contained metal, which is a mixed signal. \(Expanded from multi-commodity resource table for completeness.\)

- Positive factor: Significant increase in Probable Reserve tonnes \(+55%\).

- Positive factor: NI 43-101 compliant and QP signed.

- Negative factor: Probable Reserve grades for silver decreased by 20% compared to the prior estimate.

- Negative factor: Contained silver in Probable Reserves decreased compared to prior estimate.

Evidence · table

> 0.66

Context: 0.21

#### Tags used in scoring

**Probable Reserve**

Polarity: positive

Definition: Indicated Resource with demonstrated economic viability after applying modifying factors.

Why it applies: category is "probable"

**Cut-off Disclosed**

Polarity: positive

Definition: Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.

Why it applies: cutoff\_grade is stated

**QP/CP Signed**

Polarity: positive

Definition: Qualified Person \(QP\) or Competent Person \(CP\) named and signed off — a member of a recognized professional association \(e.g., AusIMM, SME, AIG, P.Geo\) with relevant experience.

Why it applies: qp\_signed is true

**NI 43-101 Compliant**

Polarity: positive

Definition: Resource estimate prepared in compliance with NI 43-101 \(Canada\) — high reporting standard.

Why it applies: reporting\_standards includes ni\_43\_101

**No Contained Metal**

Polarity: negative

Definition: Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.

Why it applies: contained\_metal was not reported

### probable

[Link to this fact](https://atlas-extractions.minestarters.com/news/silvercorp-reports-a-mineral-reserve-increase-of-50-in-tonnes-and-20-in-silver-o--435d05fb-84b9-4dd1-8aab-3f3bc6747001#fact-resource-facts-95)

Ying Mining District · silver

#### Identity

- Project: Ying Mining District
- Commodity: silver
- Region: china
- Reported Region: Henan Province, People's Republic of China
- Ticker: SVM

#### Resource scope

- Estimate type: reserve
- Effective date: 2025-12-31T00:00:00.000Z
- Reporting standards: ni\_43\_101
- QP Signed: Yes
- Qualified person names: HA Smith, GK Vartell, S Robinson, RC Stewart, JE Glanvill, A Wilkins, B Nielsen, M Kent, R Carlson, RJ Chesher, D Claffey
- Resource group id: resource:2287b50ffd4a19154b2e
- Deposit or zone: Ying Mines
- Mining method: underground

#### Resource Data

- Category: probable
- Tonnes: 210000
- Grade: 158
- Grade Unit: g/t
- Cutoff Grade: 155
- Cutoff Unit: g/t AgEq

#### Prior Estimate

- Resource Date: 2025-12-31

#### Metal Equivalent

- Assumptions Disclosed: Yes

#### Review

- Needs Review: No
- Historical: No

#### Dates

- Event date: 2026-06-12T00:00:00.000Z

Reasoning: Probable Reserves for silver show strong tonnage growth but a notable decrease in grade and contained metal, which is a mixed signal. \(Expanded from multi-commodity resource table for completeness.\)

- Positive factor: Significant increase in Probable Reserve tonnes \(+55%\).

- Positive factor: NI 43-101 compliant and QP signed.

- Negative factor: Probable Reserve grades for silver decreased by 20% compared to the prior estimate.

- Negative factor: Contained silver in Probable Reserves decreased compared to prior estimate.

Evidence · table

> 158

Context: 0.21

#### Tags used in scoring

**Probable Reserve**

Polarity: positive

Definition: Indicated Resource with demonstrated economic viability after applying modifying factors.

Why it applies: category is "probable"

**Cut-off Disclosed**

Polarity: positive

Definition: Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.

Why it applies: cutoff\_grade is stated

**QP/CP Signed**

Polarity: positive

Definition: Qualified Person \(QP\) or Competent Person \(CP\) named and signed off — a member of a recognized professional association \(e.g., AusIMM, SME, AIG, P.Geo\) with relevant experience.

Why it applies: qp\_signed is true

**NI 43-101 Compliant**

Polarity: positive

Definition: Resource estimate prepared in compliance with NI 43-101 \(Canada\) — high reporting standard.

Why it applies: reporting\_standards includes ni\_43\_101

**No Contained Metal**

Polarity: negative

Definition: Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.

Why it applies: contained\_metal was not reported

### probable

[Link to this fact](https://atlas-extractions.minestarters.com/news/silvercorp-reports-a-mineral-reserve-increase-of-50-in-tonnes-and-20-in-silver-o--435d05fb-84b9-4dd1-8aab-3f3bc6747001#fact-resource-facts-96)

Ying Mining District · lead

#### Identity

- Project: Ying Mining District
- Commodity: lead
- Region: china
- Reported Region: Henan Province, People's Republic of China
- Ticker: SVM

#### Resource scope

- Estimate type: reserve
- Effective date: 2025-12-31T00:00:00.000Z
- Reporting standards: ni\_43\_101
- QP Signed: Yes
- Qualified person names: HA Smith, GK Vartell, S Robinson, RC Stewart, JE Glanvill, A Wilkins, B Nielsen, M Kent, R Carlson, RJ Chesher, D Claffey
- Resource group id: resource:2287b50ffd4a19154b2e
- Deposit or zone: Ying Mines
- Mining method: underground

#### Resource Data

- Category: probable
- Tonnes: 210000
- Grade: 1.12
- Grade Unit: %
- Cutoff Grade: 155
- Cutoff Unit: g/t AgEq

#### Prior Estimate

- Resource Date: 2025-12-31

#### Metal Equivalent

- Assumptions Disclosed: Yes

#### Review

- Needs Review: No
- Historical: No

#### Dates

- Event date: 2026-06-12T00:00:00.000Z

Reasoning: Probable Reserves for silver show strong tonnage growth but a notable decrease in grade and contained metal, which is a mixed signal. \(Expanded from multi-commodity resource table for completeness.\)

- Positive factor: Significant increase in Probable Reserve tonnes \(+55%\).

- Positive factor: NI 43-101 compliant and QP signed.

- Negative factor: Probable Reserve grades for silver decreased by 20% compared to the prior estimate.

- Negative factor: Contained silver in Probable Reserves decreased compared to prior estimate.

Evidence · table

> 1.12

Context: 0.21

#### Tags used in scoring

**Probable Reserve**

Polarity: positive

Definition: Indicated Resource with demonstrated economic viability after applying modifying factors.

Why it applies: category is "probable"

**Cut-off Disclosed**

Polarity: positive

Definition: Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.

Why it applies: cutoff\_grade is stated

**QP/CP Signed**

Polarity: positive

Definition: Qualified Person \(QP\) or Competent Person \(CP\) named and signed off — a member of a recognized professional association \(e.g., AusIMM, SME, AIG, P.Geo\) with relevant experience.

Why it applies: qp\_signed is true

**NI 43-101 Compliant**

Polarity: positive

Definition: Resource estimate prepared in compliance with NI 43-101 \(Canada\) — high reporting standard.

Why it applies: reporting\_standards includes ni\_43\_101

**No Contained Metal**

Polarity: negative

Definition: Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.

Why it applies: contained\_metal was not reported

### probable

[Link to this fact](https://atlas-extractions.minestarters.com/news/silvercorp-reports-a-mineral-reserve-increase-of-50-in-tonnes-and-20-in-silver-o--435d05fb-84b9-4dd1-8aab-3f3bc6747001#fact-resource-facts-97)

Ying Mining District · gold

#### Identity

- Project: Ying Mining District
- Commodity: gold
- Region: china
- Reported Region: Henan Province, People's Republic of China
- Ticker: SVM

#### Resource scope

- Estimate type: reserve
- Effective date: 2025-12-31T00:00:00.000Z
- Reporting standards: ni\_43\_101
- QP Signed: Yes
- Qualified person names: HA Smith, GK Vartell, S Robinson, RC Stewart, JE Glanvill, A Wilkins, B Nielsen, M Kent, R Carlson, RJ Chesher, D Claffey
- Resource group id: resource:2d0410cccf4c967c76ec
- Deposit or zone: Ying Mines
- Mining method: underground

#### Resource Data

- Category: probable
- Tonnes: 360000
- Grade: 1.5
- Grade Unit: g/t
- Cutoff Grade: 155
- Cutoff Unit: g/t AgEq

#### Prior Estimate

- Resource Date: 2025-12-31

#### Metal Equivalent

- Assumptions Disclosed: Yes

#### Review

- Needs Review: No
- Historical: No

#### Dates

- Event date: 2026-06-12T00:00:00.000Z

Reasoning: Probable Reserves for silver show strong tonnage growth but a notable decrease in grade and contained metal, which is a mixed signal. \(Expanded from multi-commodity resource table for completeness.\)

- Positive factor: Significant increase in Probable Reserve tonnes \(+55%\).

- Positive factor: NI 43-101 compliant and QP signed.

- Negative factor: Probable Reserve grades for silver decreased by 20% compared to the prior estimate.

- Negative factor: Contained silver in Probable Reserves decreased compared to prior estimate.

Evidence · table

> 1.50

Context: 0.36

#### Tags used in scoring

**Probable Reserve**

Polarity: positive

Definition: Indicated Resource with demonstrated economic viability after applying modifying factors.

Why it applies: category is "probable"

**Cut-off Disclosed**

Polarity: positive

Definition: Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.

Why it applies: cutoff\_grade is stated

**QP/CP Signed**

Polarity: positive

Definition: Qualified Person \(QP\) or Competent Person \(CP\) named and signed off — a member of a recognized professional association \(e.g., AusIMM, SME, AIG, P.Geo\) with relevant experience.

Why it applies: qp\_signed is true

**NI 43-101 Compliant**

Polarity: positive

Definition: Resource estimate prepared in compliance with NI 43-101 \(Canada\) — high reporting standard.

Why it applies: reporting\_standards includes ni\_43\_101

**No Contained Metal**

Polarity: negative

Definition: Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.

Why it applies: contained\_metal was not reported

### probable

[Link to this fact](https://atlas-extractions.minestarters.com/news/silvercorp-reports-a-mineral-reserve-increase-of-50-in-tonnes-and-20-in-silver-o--435d05fb-84b9-4dd1-8aab-3f3bc6747001#fact-resource-facts-98)

Ying Mining District · silver

#### Identity

- Project: Ying Mining District
- Commodity: silver
- Region: china
- Reported Region: Henan Province, People's Republic of China
- Ticker: SVM

#### Resource scope

- Estimate type: reserve
- Effective date: 2025-12-31T00:00:00.000Z
- Reporting standards: ni\_43\_101
- QP Signed: Yes
- Qualified person names: HA Smith, GK Vartell, S Robinson, RC Stewart, JE Glanvill, A Wilkins, B Nielsen, M Kent, R Carlson, RJ Chesher, D Claffey
- Resource group id: resource:2d0410cccf4c967c76ec
- Deposit or zone: Ying Mines
- Mining method: underground

#### Resource Data

- Category: probable
- Tonnes: 360000
- Grade: 33
- Grade Unit: g/t
- Cutoff Grade: 155
- Cutoff Unit: g/t AgEq

#### Prior Estimate

- Resource Date: 2025-12-31

#### Metal Equivalent

- Assumptions Disclosed: Yes

#### Review

- Needs Review: No
- Historical: No

#### Dates

- Event date: 2026-06-12T00:00:00.000Z

Reasoning: Probable Reserves for silver show strong tonnage growth but a notable decrease in grade and contained metal, which is a mixed signal. \(Expanded from multi-commodity resource table for completeness.\)

- Positive factor: Significant increase in Probable Reserve tonnes \(+55%\).

- Positive factor: NI 43-101 compliant and QP signed.

- Negative factor: Probable Reserve grades for silver decreased by 20% compared to the prior estimate.

- Negative factor: Contained silver in Probable Reserves decreased compared to prior estimate.

Evidence · table

> 33

Context: 0.36

#### Tags used in scoring

**Probable Reserve**

Polarity: positive

Definition: Indicated Resource with demonstrated economic viability after applying modifying factors.

Why it applies: category is "probable"

**Cut-off Disclosed**

Polarity: positive

Definition: Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.

Why it applies: cutoff\_grade is stated

**QP/CP Signed**

Polarity: positive

Definition: Qualified Person \(QP\) or Competent Person \(CP\) named and signed off — a member of a recognized professional association \(e.g., AusIMM, SME, AIG, P.Geo\) with relevant experience.

Why it applies: qp\_signed is true

**NI 43-101 Compliant**

Polarity: positive

Definition: Resource estimate prepared in compliance with NI 43-101 \(Canada\) — high reporting standard.

Why it applies: reporting\_standards includes ni\_43\_101

**No Contained Metal**

Polarity: negative

Definition: Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.

Why it applies: contained\_metal was not reported

### probable

[Link to this fact](https://atlas-extractions.minestarters.com/news/silvercorp-reports-a-mineral-reserve-increase-of-50-in-tonnes-and-20-in-silver-o--435d05fb-84b9-4dd1-8aab-3f3bc6747001#fact-resource-facts-99)

Ying Mining District · lead

#### Identity

- Project: Ying Mining District
- Commodity: lead
- Region: china
- Reported Region: Henan Province, People's Republic of China
- Ticker: SVM

#### Resource scope

- Estimate type: reserve
- Effective date: 2025-12-31T00:00:00.000Z
- Reporting standards: ni\_43\_101
- QP Signed: Yes
- Qualified person names: HA Smith, GK Vartell, S Robinson, RC Stewart, JE Glanvill, A Wilkins, B Nielsen, M Kent, R Carlson, RJ Chesher, D Claffey
- Resource group id: resource:2d0410cccf4c967c76ec
- Deposit or zone: Ying Mines
- Mining method: underground

#### Resource Data

- Category: probable
- Tonnes: 360000
- Grade: 1.08
- Grade Unit: %
- Cutoff Grade: 155
- Cutoff Unit: g/t AgEq

#### Prior Estimate

- Resource Date: 2025-12-31

#### Metal Equivalent

- Assumptions Disclosed: Yes

#### Review

- Needs Review: No
- Historical: No

#### Dates

- Event date: 2026-06-12T00:00:00.000Z

Reasoning: Probable Reserves for silver show strong tonnage growth but a notable decrease in grade and contained metal, which is a mixed signal. \(Expanded from multi-commodity resource table for completeness.\)

- Positive factor: Significant increase in Probable Reserve tonnes \(+55%\).

- Positive factor: NI 43-101 compliant and QP signed.

- Negative factor: Probable Reserve grades for silver decreased by 20% compared to the prior estimate.

- Negative factor: Contained silver in Probable Reserves decreased compared to prior estimate.

Evidence · table

> 1.08

Context: 0.36

#### Tags used in scoring

**Probable Reserve**

Polarity: positive

Definition: Indicated Resource with demonstrated economic viability after applying modifying factors.

Why it applies: category is "probable"

**Cut-off Disclosed**

Polarity: positive

Definition: Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.

Why it applies: cutoff\_grade is stated

**QP/CP Signed**

Polarity: positive

Definition: Qualified Person \(QP\) or Competent Person \(CP\) named and signed off — a member of a recognized professional association \(e.g., AusIMM, SME, AIG, P.Geo\) with relevant experience.

Why it applies: qp\_signed is true

**NI 43-101 Compliant**

Polarity: positive

Definition: Resource estimate prepared in compliance with NI 43-101 \(Canada\) — high reporting standard.

Why it applies: reporting\_standards includes ni\_43\_101

**No Contained Metal**

Polarity: negative

Definition: Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.

Why it applies: contained\_metal was not reported

### probable

[Link to this fact](https://atlas-extractions.minestarters.com/news/silvercorp-reports-a-mineral-reserve-increase-of-50-in-tonnes-and-20-in-silver-o--435d05fb-84b9-4dd1-8aab-3f3bc6747001#fact-resource-facts-100)

Ying Mining District · zinc

#### Identity

- Project: Ying Mining District
- Commodity: zinc
- Region: china
- Reported Region: Henan Province, People's Republic of China
- Ticker: SVM

#### Resource scope

- Estimate type: reserve
- Effective date: 2025-12-31T00:00:00.000Z
- Reporting standards: ni\_43\_101
- QP Signed: Yes
- Qualified person names: HA Smith, GK Vartell, S Robinson, RC Stewart, JE Glanvill, A Wilkins, B Nielsen, M Kent, R Carlson, RJ Chesher, D Claffey
- Resource group id: resource:2287b50ffd4a19154b2e
- Deposit or zone: Ying Mines
- Mining method: underground

#### Resource Data

- Category: probable
- Tonnes: 210000
- Grade: 2.2
- Grade Unit: %
- Cutoff Grade: 155
- Cutoff Unit: g/t AgEq

#### Prior Estimate

- Resource Date: 2025-12-31

#### Metal Equivalent

- Assumptions Disclosed: Yes

#### Review

- Needs Review: No
- Historical: No

#### Dates

- Event date: 2026-06-12T00:00:00.000Z

Reasoning: Probable Reserves for silver show strong tonnage growth but a notable decrease in grade and contained metal, which is a mixed signal. \(Expanded from multi-commodity resource table for completeness.\)

- Positive factor: Significant increase in Probable Reserve tonnes \(+55%\).

- Positive factor: NI 43-101 compliant and QP signed.

- Negative factor: Probable Reserve grades for silver decreased by 20% compared to the prior estimate.

- Negative factor: Contained silver in Probable Reserves decreased compared to prior estimate.

Evidence · table

> 2.20

Context: 0.21

#### Tags used in scoring

**Probable Reserve**

Polarity: positive

Definition: Indicated Resource with demonstrated economic viability after applying modifying factors.

Why it applies: category is "probable"

**Cut-off Disclosed**

Polarity: positive

Definition: Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.

Why it applies: cutoff\_grade is stated

**QP/CP Signed**

Polarity: positive

Definition: Qualified Person \(QP\) or Competent Person \(CP\) named and signed off — a member of a recognized professional association \(e.g., AusIMM, SME, AIG, P.Geo\) with relevant experience.

Why it applies: qp\_signed is true

**NI 43-101 Compliant**

Polarity: positive

Definition: Resource estimate prepared in compliance with NI 43-101 \(Canada\) — high reporting standard.

Why it applies: reporting\_standards includes ni\_43\_101

**No Contained Metal**

Polarity: negative

Definition: Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.

Why it applies: contained\_metal was not reported

### probable

[Link to this fact](https://atlas-extractions.minestarters.com/news/silvercorp-reports-a-mineral-reserve-increase-of-50-in-tonnes-and-20-in-silver-o--435d05fb-84b9-4dd1-8aab-3f3bc6747001#fact-resource-facts-101)

Ying Mining District · gold

#### Identity

- Project: Ying Mining District
- Commodity: gold
- Region: china
- Reported Region: Henan Province, People's Republic of China
- Ticker: SVM

#### Resource scope

- Estimate type: reserve
- Effective date: 2025-12-31T00:00:00.000Z
- Reporting standards: ni\_43\_101
- QP Signed: Yes
- Qualified person names: HA Smith, GK Vartell, S Robinson, RC Stewart, JE Glanvill, A Wilkins, B Nielsen, M Kent, R Carlson, RJ Chesher, D Claffey
- Resource group id: resource:6fec0d81aa676142e5f0
- Mining method: underground

#### Resource Data

- Category: probable
- Tonnes: 19080000
- Grade: 0.17
- Grade Unit: g/t
- Cutoff Grade: 155
- Cutoff Unit: g/t AgEq

#### Prior Estimate

- Resource Date: 2025-12-31

#### Metal Equivalent

- Assumptions Disclosed: Yes

#### Review

- Needs Review: No
- Historical: No

#### Dates

- Event date: 2026-06-12T00:00:00.000Z

Reasoning: Probable Reserves for silver show strong tonnage growth but a notable decrease in grade and contained metal, which is a mixed signal. \(Expanded from multi-commodity resource table for completeness.\)

- Positive factor: Significant increase in Probable Reserve tonnes \(+55%\).

- Positive factor: NI 43-101 compliant and QP signed.

- Negative factor: Probable Reserve grades for silver decreased by 20% compared to the prior estimate.

- Negative factor: Contained silver in Probable Reserves decreased compared to prior estimate.

Evidence · table

> 0.17

Context: 19.08

#### Tags used in scoring

**Probable Reserve**

Polarity: positive

Definition: Indicated Resource with demonstrated economic viability after applying modifying factors.

Why it applies: category is "probable"

**Cut-off Disclosed**

Polarity: positive

Definition: Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.

Why it applies: cutoff\_grade is stated

**QP/CP Signed**

Polarity: positive

Definition: Qualified Person \(QP\) or Competent Person \(CP\) named and signed off — a member of a recognized professional association \(e.g., AusIMM, SME, AIG, P.Geo\) with relevant experience.

Why it applies: qp\_signed is true

**NI 43-101 Compliant**

Polarity: positive

Definition: Resource estimate prepared in compliance with NI 43-101 \(Canada\) — high reporting standard.

Why it applies: reporting\_standards includes ni\_43\_101

**No Contained Metal**

Polarity: negative

Definition: Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.

Why it applies: contained\_metal was not reported

### probable

[Link to this fact](https://atlas-extractions.minestarters.com/news/silvercorp-reports-a-mineral-reserve-increase-of-50-in-tonnes-and-20-in-silver-o--435d05fb-84b9-4dd1-8aab-3f3bc6747001#fact-resource-facts-102)

Ying Mining District · silver

#### Identity

- Project: Ying Mining District
- Commodity: silver
- Region: china
- Reported Region: Henan Province, People's Republic of China
- Ticker: SVM

#### Resource scope

- Estimate type: reserve
- Effective date: 2025-12-31T00:00:00.000Z
- Reporting standards: ni\_43\_101
- QP Signed: Yes
- Qualified person names: HA Smith, GK Vartell, S Robinson, RC Stewart, JE Glanvill, A Wilkins, B Nielsen, M Kent, R Carlson, RJ Chesher, D Claffey
- Resource group id: resource:6fec0d81aa676142e5f0
- Mining method: underground

#### Resource Data

- Category: probable
- Tonnes: 19080000
- Grade: 174
- Grade Unit: g/t
- Cutoff Grade: 155
- Cutoff Unit: g/t AgEq

#### Prior Estimate

- Resource Date: 2025-12-31

#### Metal Equivalent

- Assumptions Disclosed: Yes

#### Review

- Needs Review: No
- Historical: No

#### Dates

- Event date: 2026-06-12T00:00:00.000Z

Reasoning: Probable Reserves for silver show strong tonnage growth but a notable decrease in grade and contained metal, which is a mixed signal. \(Expanded from multi-commodity resource table for completeness.\)

- Positive factor: Significant increase in Probable Reserve tonnes \(+55%\).

- Positive factor: NI 43-101 compliant and QP signed.

- Negative factor: Probable Reserve grades for silver decreased by 20% compared to the prior estimate.

- Negative factor: Contained silver in Probable Reserves decreased compared to prior estimate.

Evidence · table

> 174

Context: 19.08

#### Tags used in scoring

**Probable Reserve**

Polarity: positive

Definition: Indicated Resource with demonstrated economic viability after applying modifying factors.

Why it applies: category is "probable"

**Cut-off Disclosed**

Polarity: positive

Definition: Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.

Why it applies: cutoff\_grade is stated

**QP/CP Signed**

Polarity: positive

Definition: Qualified Person \(QP\) or Competent Person \(CP\) named and signed off — a member of a recognized professional association \(e.g., AusIMM, SME, AIG, P.Geo\) with relevant experience.

Why it applies: qp\_signed is true

**NI 43-101 Compliant**

Polarity: positive

Definition: Resource estimate prepared in compliance with NI 43-101 \(Canada\) — high reporting standard.

Why it applies: reporting\_standards includes ni\_43\_101

**No Contained Metal**

Polarity: negative

Definition: Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.

Why it applies: contained\_metal was not reported

### probable

[Link to this fact](https://atlas-extractions.minestarters.com/news/silvercorp-reports-a-mineral-reserve-increase-of-50-in-tonnes-and-20-in-silver-o--435d05fb-84b9-4dd1-8aab-3f3bc6747001#fact-resource-facts-103)

Ying Mining District · lead

#### Identity

- Project: Ying Mining District
- Commodity: lead
- Region: china
- Reported Region: Henan Province, People's Republic of China
- Ticker: SVM

#### Resource scope

- Estimate type: reserve
- Effective date: 2025-12-31T00:00:00.000Z
- Reporting standards: ni\_43\_101
- QP Signed: Yes
- Qualified person names: HA Smith, GK Vartell, S Robinson, RC Stewart, JE Glanvill, A Wilkins, B Nielsen, M Kent, R Carlson, RJ Chesher, D Claffey
- Resource group id: resource:6fec0d81aa676142e5f0
- Mining method: underground

#### Resource Data

- Category: probable
- Tonnes: 19080000
- Grade: 2.47
- Grade Unit: %
- Cutoff Grade: 155
- Cutoff Unit: g/t AgEq

#### Prior Estimate

- Resource Date: 2025-12-31

#### Metal Equivalent

- Assumptions Disclosed: Yes

#### Review

- Needs Review: No
- Historical: No

#### Dates

- Event date: 2026-06-12T00:00:00.000Z

Reasoning: Probable Reserves for silver show strong tonnage growth but a notable decrease in grade and contained metal, which is a mixed signal. \(Expanded from multi-commodity resource table for completeness.\)

- Positive factor: Significant increase in Probable Reserve tonnes \(+55%\).

- Positive factor: NI 43-101 compliant and QP signed.

- Negative factor: Probable Reserve grades for silver decreased by 20% compared to the prior estimate.

- Negative factor: Contained silver in Probable Reserves decreased compared to prior estimate.

Evidence · table

> 2.47

Context: 19.08

#### Tags used in scoring

**Probable Reserve**

Polarity: positive

Definition: Indicated Resource with demonstrated economic viability after applying modifying factors.

Why it applies: category is "probable"

**Cut-off Disclosed**

Polarity: positive

Definition: Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.

Why it applies: cutoff\_grade is stated

**QP/CP Signed**

Polarity: positive

Definition: Qualified Person \(QP\) or Competent Person \(CP\) named and signed off — a member of a recognized professional association \(e.g., AusIMM, SME, AIG, P.Geo\) with relevant experience.

Why it applies: qp\_signed is true

**NI 43-101 Compliant**

Polarity: positive

Definition: Resource estimate prepared in compliance with NI 43-101 \(Canada\) — high reporting standard.

Why it applies: reporting\_standards includes ni\_43\_101

**No Contained Metal**

Polarity: negative

Definition: Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.

Why it applies: contained\_metal was not reported

### probable

[Link to this fact](https://atlas-extractions.minestarters.com/news/silvercorp-reports-a-mineral-reserve-increase-of-50-in-tonnes-and-20-in-silver-o--435d05fb-84b9-4dd1-8aab-3f3bc6747001#fact-resource-facts-104)

Ying Mining District · zinc

#### Identity

- Project: Ying Mining District
- Commodity: zinc
- Region: china
- Reported Region: Henan Province, People's Republic of China
- Ticker: SVM

#### Resource scope

- Estimate type: reserve
- Effective date: 2025-12-31T00:00:00.000Z
- Reporting standards: ni\_43\_101
- QP Signed: Yes
- Qualified person names: HA Smith, GK Vartell, S Robinson, RC Stewart, JE Glanvill, A Wilkins, B Nielsen, M Kent, R Carlson, RJ Chesher, D Claffey
- Resource group id: resource:6fec0d81aa676142e5f0
- Mining method: underground

#### Resource Data

- Category: probable
- Tonnes: 19080000
- Grade: 0.8
- Grade Unit: %
- Cutoff Grade: 155
- Cutoff Unit: g/t AgEq

#### Prior Estimate

- Resource Date: 2025-12-31

#### Metal Equivalent

- Assumptions Disclosed: Yes

#### Review

- Needs Review: No
- Historical: No

#### Dates

- Event date: 2026-06-12T00:00:00.000Z

Reasoning: Probable Reserves for silver show strong tonnage growth but a notable decrease in grade and contained metal, which is a mixed signal. \(Expanded from multi-commodity resource table for completeness.\)

- Positive factor: Significant increase in Probable Reserve tonnes \(+55%\).

- Positive factor: NI 43-101 compliant and QP signed.

- Negative factor: Probable Reserve grades for silver decreased by 20% compared to the prior estimate.

- Negative factor: Contained silver in Probable Reserves decreased compared to prior estimate.

Evidence · table

> 0.80

Context: 19.08

#### Tags used in scoring

**Probable Reserve**

Polarity: positive

Definition: Indicated Resource with demonstrated economic viability after applying modifying factors.

Why it applies: category is "probable"

**Cut-off Disclosed**

Polarity: positive

Definition: Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.

Why it applies: cutoff\_grade is stated

**QP/CP Signed**

Polarity: positive

Definition: Qualified Person \(QP\) or Competent Person \(CP\) named and signed off — a member of a recognized professional association \(e.g., AusIMM, SME, AIG, P.Geo\) with relevant experience.

Why it applies: qp\_signed is true

**NI 43-101 Compliant**

Polarity: positive

Definition: Resource estimate prepared in compliance with NI 43-101 \(Canada\) — high reporting standard.

Why it applies: reporting\_standards includes ni\_43\_101

**No Contained Metal**

Polarity: negative

Definition: Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.

Why it applies: contained\_metal was not reported

### probable

[Link to this fact](https://atlas-extractions.minestarters.com/news/silvercorp-reports-a-mineral-reserve-increase-of-50-in-tonnes-and-20-in-silver-o--435d05fb-84b9-4dd1-8aab-3f3bc6747001#fact-resource-facts-105)

Ying Mining District · copper

#### Identity

- Project: Ying Mining District
- Commodity: copper
- Region: china
- Reported Region: Henan Province, People's Republic of China
- Ticker: SVM

#### Resource scope

- Estimate type: reserve
- Effective date: 2025-12-31T00:00:00.000Z
- Reporting standards: ni\_43\_101
- QP Signed: Yes
- Qualified person names: HA Smith, GK Vartell, S Robinson, RC Stewart, JE Glanvill, A Wilkins, B Nielsen, M Kent, R Carlson, RJ Chesher, D Claffey
- Resource group id: resource:6fec0d81aa676142e5f0
- Mining method: underground

#### Resource Data

- Category: probable
- Tonnes: 19080000
- Grade: 0.04
- Grade Unit: %
- Cutoff Grade: 155
- Cutoff Unit: g/t AgEq

#### Prior Estimate

- Resource Date: 2025-12-31

#### Metal Equivalent

- Assumptions Disclosed: Yes

#### Review

- Needs Review: No
- Historical: No

#### Dates

- Event date: 2026-06-12T00:00:00.000Z

Reasoning: Probable Reserves for silver show strong tonnage growth but a notable decrease in grade and contained metal, which is a mixed signal. \(Expanded from multi-commodity resource table for completeness.\)

- Positive factor: Significant increase in Probable Reserve tonnes \(+55%\).

- Positive factor: NI 43-101 compliant and QP signed.

- Negative factor: Probable Reserve grades for silver decreased by 20% compared to the prior estimate.

- Negative factor: Contained silver in Probable Reserves decreased compared to prior estimate.

Evidence · table

> 0.04

Context: 19.08

#### Tags used in scoring

**Probable Reserve**

Polarity: positive

Definition: Indicated Resource with demonstrated economic viability after applying modifying factors.

Why it applies: category is "probable"

**Cut-off Disclosed**

Polarity: positive

Definition: Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.

Why it applies: cutoff\_grade is stated

**QP/CP Signed**

Polarity: positive

Definition: Qualified Person \(QP\) or Competent Person \(CP\) named and signed off — a member of a recognized professional association \(e.g., AusIMM, SME, AIG, P.Geo\) with relevant experience.

Why it applies: qp\_signed is true

**NI 43-101 Compliant**

Polarity: positive

Definition: Resource estimate prepared in compliance with NI 43-101 \(Canada\) — high reporting standard.

Why it applies: reporting\_standards includes ni\_43\_101

**No Contained Metal**

Polarity: negative

Definition: Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.

Why it applies: contained\_metal was not reported

## How Atlas produces this analysis

Minestarters Atlas uses automated extraction to summarize mining announcements, identify reported measurements, and classify supporting evidence. Sentiment reflects the extracted narrative and classification rules; it is an interpretation, not a reported measurement. Evidence quotes and context are provided where available. Missing data, low-confidence results, and review flags indicate limitations. Check the original publisher announcement before relying on an interpretation.