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Silvercorp Metals Sets $240.5M Construction Budget To Bring El Domo Project Into Production By End Of 2026, In Line With 2021 Feasibility Study Estimate.

Author: Benzinga Newsdesk | April 23, 2025 08:09am

Silvercorp Metals Inc. ("Silvercorp" or the "Company") (TSX:SVM) (NYSE:SVM) (the "Company") is pleased to announce its construction budget for the development of the El Domo Project (the "Project"). The Company is targeting bringing the Project into production by the end of 2026 at an estimated cost of $240.5 million, comparable to the $247.6 million estimate in the feasibility study (NI 43-101 Technical Report - Feasibility Study - Curipamba El Domo Project, Central Ecuador) published in 2021 ("2021 Feasibility Study"). 

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