Silvercorp Metals Inc. T.SVM

Alternate Symbol(s): SVM

Metals & Mining Industrial Metals & Minerals

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 cashflow from long life mines; 2) organic growth through extensive drilling for discovery; 3) equity investments in potential world class opportunities; 4) ongoing merger and acquisition efforts to unlock value; and 5) long term commitment to responsible mining and ESG.

TSX:SVM - Post by User

Silvercorp Metals Inc.

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Post by CasWilon Jun 12, 2013 11:11am

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Post# 21515305

SVM drills into AU!

Great news today ... Gold is up too...

Highlights of selected mineralization zones exposed in underground tunnels:

Drift PD2-530-H16-NYM1 at the 530-metre level along vein H16 revealed a zone 50 metres in length, 1.06 metres true width, grading 4.13 grams per tonne gold, 94 g/t silver, 5.14 per cent lead and 3.12 per cent zinc.
Drift PD5-H16-570-SYM at the 570-metre level along vein H16 revealed a zone 50 metres in length, 0.92 metre true width, grading 5.96 g/t gold, 119 g/t silver, 0.67 per cent lead and 0.96 per cent zinc.
Drift PD2-530-H16-SYM at the 530-metre level along vein H16 revealed a zone 65 metres in length, 0.6 metre true width, grading 5.52 g/t gold, 27 g/t silver, 1.35 per cent lead and 1.61 per cent zinc.

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