Mr. Lon Shaver reports

SILVERCORP ANNOUNCES FILING OF UPDATED TECHNICAL REPORTS FOR THE YING MINING DISTRICT

Further to its news release dated Aug. 19, 2024, Silvercorp Metals Inc. has filed an updated technical report for its Ying mining district titled "NI 43-101 Technical Report Update on the Ying Ag-Pb-Zn Property in Henan Province, People's Republic of China." The technical report is effective July 16, 2024, and was independently prepared by AMC Mining Consultants (Canada) Ltd. in accordance with National Instrument 43-101 (Standards of Disclosure for Mineral Projects) and can be found on the company's website and under the company's profile at SEDAR+.

There are no material differences in the information in the technical report and the information contained in the release.

About Silvercorp Metals Inc.

Silvercorp is a Canadian mining company producing silver, gold, lead and zinc with a long history of profitability and growth potential. The company's strategy is to create shareholder value by 1) focusing on generating free cash flow from long-life mines; 2) organic growth through extensive drilling for discovery; 3) continuing merger and acquisition efforts to unlock value; and 4) a long-term commitment to responsible mining and ESG (environmental, social and governance).

We seek Safe Harbor.