Drill Results

Silvercorp Announces Main Zone Drill Results, Including 1.68 g/t Gold over 212.5 Metres, at the Kyzyltash Sulfide Gold Project, Kyrgyzstan

By The Northwire Desk — AI Analysis Aug 18, 2026 · 08:00 SVM · 16.52 Silvercorp Metals Inc.

SVM · Price

Silvercorp Metals Inc. (SVM) has announced the first batch of drill results from the Main Zone (MZ) of its Kyzyltash Sulfide Gold Project in Kyrgyzstan, highlighting significant intercepts including 212.5 meters at 1.68 g/t Au. The results come from 29 diamond drill holes along a 3,640-meter strike length, confirming multiple broad zones of gold mineralization and extending known structures. The company has shifted its drilling strategy since July 2026 to focus primarily on in-fill drilling to upgrade resources to Measured and Indicated categories for a Pre-Feasibility Study, while the Contact Zone (CZ) assay results remain pending.

The current drilling program covers a strike length of 3,640 meters from Line 1480 to Line 5120. The strategy targets in-fill drilling to convert Inferred resources to Measured and Indicated categories, alongside step-out drilling in the down-dip direction. Drilling in the Contact Zone (CZ) is ongoing with six rigs, though assay results are pending.

Significant intercepts were reported from the Main Zone, led by hole DH26M687 on Line 2520, which was identified as the most significant discovery hole. This hole extended beyond previously defined structures 1-2 and intercepted two new parallel structures 3-4. The combined interval measured 212.5 m at 1.68 g/t Au from 34.5 to 247.0 m. Specific structure intercepts within this hole included 29.5 m at 3.26 g/t Au from 34.5 to 64.0 m for Structure 1, 42.5 m at 2.06 g/t Au from 77.5 to 120.0 m for Structure 2, 25.5 m at 3.05 g/t Au from 161.8 to 187.3 m for Structure 3, and 33.0 m at 2.51 g/t Au from 205.3 to 238.3 m for Structure 4.

Other notable intercepts included:

DH26M686 (Line 2440): Intercepted six structures, including Structure 3 with 39.0 m at 4.79 g/t Au from 124.5 to 163.5 m, including 6.0 m at 22.23 g/t Au from 148.5 to 154.5 m, and Structure 6 with 19.5 m at 3.09 g/t Au from 265.5 to 285.0 m.
DH26M818 (Line 3440): A step-out hole intercepting three parallel structures with a combined interval of 47.0 m at 3.95 g/t Au from 105.0 to 152.0 m. High-grade sub-intervals included 4.5 m at 13.65 g/t Au (105.0-109.5 m) and 13.5 m at 8.04 g/t Au (138.5-152.0 m).
DH26M675 (Line 1480): 30.0 m at 1.04 g/t Au from 60.0 to 90.0 m, including 9.0 m at 2.66 g/t Au from 76.5 to 85.8 m.
DH26M696 (Line 1840): 34.5 m at 2.41 g/t Au from 195.5 to 230.0 m.
DH26M679 (Line 2000): 25.5 m at 3.62 g/t Au from 93.0 to 118.5 m.
DH26M680 (Line 2080): Intercepted 7 parallel structures, including 61.5 m at 1.34 g/t Au from 32.0 to 93.5 m, and 34.0 m at 2.04 g/t Au from 236.0 to 270.0 m, including 19.0 m at 3.0 g/t Au from 236.0 to 255.0 m.
DH26M685 (Line 2320): 39.0 m at 2.37 g/t Au from 166.0 to 205.0 m.
DH26M688 (Line 2600): 50.0 m at 1.94 g/t Au from 95.0 to 145.0 m.
DH26M828 (Line 2840): 45.0 m at 2.11 g/t Au from 105.0 to 150.0 m.
DH26M830 (Line 2920): Intercepted 7 parallel structures, including 22.5 m at 1.64 g/t Au from 117.0 to 139.5 m.
DH26M709 (Line 4840): 49.5 m at 1.70 g/t Au from 136.3 to 185.8 m.
DH26M705 (Line 4920): 12.0 m at 4.90 g/t Au from 378.0 to 390.0 m, including 4.5 m at 12.16 g/t Au from 384.0 to 388.5 m.
DH26M703 (Line 5040): 4.5 m at 18.77 g/t Au from 240.0 to 244.5 m.
DH26M699 (Line 5120): Intercepted multiple parallel structures, including a long intercept of 37.5 m at 3.94 g/t Au from 230.5 to 268.0 m.

Assays were performed by Stewart Assay and Environmental Laboratories LLC (SAEL), near Bishkek, Kyrgyzstan. Samples were dried at 105°C, crushed to ≥90% passing 2 mm, and pulverized to ≥90% passing 0.075 mm. Gold analysis was conducted using 30 g fire assay with lead collection and atomic absorption finish. Pulp samples were analyzed for 36 elements by ICP-AES following Aqua Regia digestion. Quality assurance and quality control measures included certified reference materials, blank samples, and coarse/pulp duplicates inserted at a ratio of 20%.

These results build upon a previous NI 43-101 Technical Report effective October 15, 2025, which reported 3.94 million ounces of gold at 2.44 g/t Au (Measured & Indicated) and 1.58 million ounces of gold at 2.30 g/t Au (Inferred). True width of mineralization is estimated for intervals of holes drilled to northwest directions, with specific true widths provided for various intervals, such as an estimated true width of 180.63 m for the DH26M687 combined interval.

"These initial drill results have further confirmed multiple broad zones of gold mineralization within the Main Zone and additional subparallel mineralized structures which were unknown. The mineralized zones remain open at depth and along strike of over 3,640 m."

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Silvercorp Announces Main Zone Drill Results, Including 1.68 g/t Gold over 212.5 Metres, at the Kyzyltash Sulfide Gold Project, Kyrgyzstan

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