Silvercorp Metals Inc. returned initial diamond drilling results from the Main Zone at the Kyzyltash Sulfide Gold Project in western Kyrgyzstan, highlighted by drill hole DH26M687 intersecting a combined 212.5-metre interval grading 1.68 grams per tonne gold from 34.5 to 247.0 metres.

The reported assay results encompass 29 diamond drill holes covering a 3,640-metre strike length of mineralized range from Line 1480 to Line 5120. The initial holes focused primarily on step-out targets between mineralized bodies and along the eastern and western extensions of the Main Zone.

Drill hole DH26M687 identified two new parallel structures, returning 29.5 metres at 3.26 grams per tonne gold from 34.5 metres, 42.5 metres at 2.06 grams per tonne gold from 77.5 metres, 25.5 metres at 3.05 grams per tonne gold from 161.8 metres, and 33.0 metres at 2.51 grams per tonne gold from 205.3 metres.

Additional results include drill hole DH26M686, which intercepted a 39.0-metre interval grading 4.79 grams per tonne gold from 124.5 metres, including 6.0 metres at 22.23 grams per tonne gold. Step-out hole DH26M818 in the central area returned a combined 47.0-metre interval at 3.95 grams per tonne gold from 105.0 metres.

The mineralized zones remain open at depth and along strike. Silvercorp holds a 70% operating interest in the Tulkubash and Kyzyltash gold projects through subsidiary Chaarat ZAAV CJSC, alongside 30% partner Kyrgyzaltyn.

The company approved a US$196.3 million budget on June 22, 2026, to fund Tulkubash Phase 1 development and initial Kyzyltash Phase 2 expenditures across 2026 and 2027. The projects host an updated mineral resource estimate effective October 15, 2025, reporting 3.94 million ounces of gold at an average grade of 2.44 grams per tonne in the measured and indicated categories and 1.58 million ounces at 2.30 grams per tonne in the inferred category.

The ongoing 50,000 to 60,000-metre drilling program was re-focused in July 2026 toward predominantly in-fill drilling with down-dip step-out holes to support resource conversion for an upcoming pre-feasibility study. Assay drill results for the Contact Zone at the Kyzyltash project remain pending.

Read the full announcement: Silvercorp Announces Main Zone Drill Results, Including 1.68 g/t Gold Over 212.5 Metres, at the Kyzyltash Sulfide Gold Project, Kyrgyzstan