Silvercorp Metals Inc. (NYSE-A/TSX: SVM) Announces PEA for the Condor Gold Project in Ecuador, Highlighting Low-Cost Underground Development Potential
Disseminated on behalf of Silvercorp Metals Inc. (NYSE-A/TSX: SVM) and includes paid advertisement. Silvercorp Metals is a Canadian company with producing mines in China and development projects in Ecuador Silvercorp is constructing the El Domo copper-gold mine in Ecuador, which is expected to begin production in 2027 The company’s second Ecuadorean project, Condor gold, is supported by a Preliminary Economic Assessment (“PEA”) that highlights its potential for underground development Condor is expected to produce over 100 thousand ounces of gold a year over a 13-year mine life, at an all-in sustaining cost of $1,258/ounce net of by-product credits The PEA…