Silvercorp Metals Inc.: Underground Drilling Discovers 18 Additional High Grade Silver-Lead Veins

Silvercorp Metals (TSX:SVM,NYSE:SVM)  announced results from of its 2010 underground diamond drilling program  of the TLP Mining Permit area, Ying Mining District, Henan, China. 

The press release is quoted as saying:

Silvercorp Metals Inc.is pleased to report the results of its 2010 underground diamond drilling program at the southwest corner of the TLP Mining Permit area, Ying Mining District, Henan, China. This successful drill program has not only extended the existing veins to depth and along strike at the LM Mine West, but has also discovered 18 additional high grade silver–lead veins, ncreasing the total number of mineralized veins from 9 to 27. The drilling program has also revealed a new type of mineralization as some Ag-Pb veins (LM8 and LM8-1) contain high grade gold that may indicate the existence of gold-dominated mineralized veins in the area.

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