Silvercorp Metals Vice President Lon Shaver joined Steve Darling from Proactive to share news the company has updated their 43-101 Technical Report at the GC Mine. Shaver telling Proactive here has been an 8% increase in tonnes of combined Proven and Probable Reserves. 39% increase in Proven Reserves and 21% decrease in Probable Reserves.
Shaver also told Proactive the GC Mine has a projected life of mine of 13 years through to 2034, at an average annual production rate of approximately 310,000 tonnes, and with average silver equivalent grades of approximately 309 g/t.