08:07 AM EDT, 08/05/2025 (MT Newswires) -- Silvercorp Metals Inc. ( SVM ) was at last look up 0.2% in US premarket trade as it reported Tuesday that the Constitutional Court of Ecuador has delivered a unanimous decision rejecting the final legal challenge in Ecuador against the environmental license for the El Domo mining project, thereby definitively upholding its validity.

A statement noted the El Domo Project, currently under construction, is the first mining project in Ecuador to have conducted an environmental consultation aligned with standards of the Regional Agreement on Access to Information, Public Participation and Justice in Environmental Matters in Latin America and the Caribbean, a multilateral treaty adopted on March 4, 2018, in Escazu, Costa Rica. It said this process has now been validated by multiple levels of the Ecuadorian judiciary, including ordinary courts and the Constitutional Court.

The environmental license for the project was supported by 98% of the population within the project's area of influence. The El Domo Project is expected to bring significant long-term socio-economic benefits to the local community of Las Naves.