Ecuador Court Upholds Silvercorp's El Domo Mining Project Environmental License

In a landmark decision, Ecuador's Constitutional Court has unanimously upheld the environmental license for Silvercorp Metals' El Domo mining project, bringing a year-long legal battle to a definitive conclusion. The Canadian mining company, which produces silver, gold, lead, and zinc, successfully defended its project against final challenges, with the court confirming that the consultation process met both Ecuadorian law and international standards under the Regional Agreement on Access to Information, Public Participation and Justice in Environmental Matters. This ruling validates the Ministry of Environment, Water, and Ecological Transition's original approval and highlights the project's overwhelming 98% community support in Las Naves.

The El Domo Project, now cleared for continued advancement, is poised to deliver significant socio-economic benefits to the local community while adhering to rigorous environmental protocols. Silvercorp Metals, traded on NYSE American and TSX under SVM, has demonstrated its commitment to responsible mining practices through this transparent and legally sound process. The dismissal of all challenges through multiple levels of Ecuador's judicial system reinforces the project's legitimacy and sets a positive precedent for future mining developments in the region, ensuring that both environmental concerns and community interests are properly addressed.

This development marks a crucial milestone for Silvercorp Metals and the mining industry in Ecuador, showcasing how international companies can successfully navigate complex regulatory environments while maintaining high standards of environmental stewardship and community engagement. The project's progression through the court system and ultimate validation by the Constitutional Court provides a robust framework for sustainable resource development that balances economic growth with ecological preservation and social responsibility.