NetworkNewsBreaks – Silvercorp Metals Inc. (TSX: SVM) (NYSE American: SVM) Approves $196.3 Million Budget for Kyrgyz Gold Project Development
This article has been disseminated on behalf of Silvercorp Metals and may include paid advertising. Silvercorp Metals (TSX: SVM) (NYSE American: SVM) announced approval of a US$196.3 million budget for Chaarat ZAAV CJSC, its 70%-owned joint venture in the Kyrgyz Republic, to advance development of the Tulkubash and Kyzyltash gold projects. The budget includes US$166.3 million for Phase 1 development of the fully permitted Tulkubash open-pit heap leach operation and US$30 million for Phase 2 activities at the Kyzyltash sulfide deposit, with forecast spending of US$57.3 million in 2026 and US$139 million in 2027. Silvercorp said Phase 1 development will…







