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Silvercorp forms Kyrgyzstan gold projects joint venture with Kyrgyzaltyn, takes 70% stake

PUBT·05/20/2026 21:05:57
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Silvercorp forms Kyrgyzstan gold projects joint venture with Kyrgyzaltyn, takes 70% stake
  • Silvercorp formed a joint venture with Kyrgyzaltyn to develop the Tulkubash/Kyzyltash gold projects in Kyrgyzstan, holding 70% and operating the venture.
  • Kyrgyzaltyn holds a 30% free-carried interest through the converted venture company, Chaarat ZAAV.
  • The venture’s mining license was extended to June 25, 2062 from June 25, 2032.
  • Silvercorp made a USD 60 million cash payment to the Kyrgyzstan government tied to the license extension, with a further USD 10 million due on additional milestones.
  • The joint venture launched Phase 1 development at Tulkubash for 2026-2027.


Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Silvercorp Metals Inc. published the original content used to generate this news brief via PR Newswire (Ref. ID: VA64468) on May 20, 2026, and is solely responsible for the information contained therein.