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Silvercorp Metals Updates on Ying Property Results

Investing News Network
Jun. 05, 2012 04:30PM PST
Base Metals Investing

Silvercorp Metals Inc. (TSX:SVM) updated on the National Instrument 43-101 Technical Report results on the Ying silver-lead-zinc property in Henan Province, China.

Silvercorp Metals Inc. (TSX:SVM) updated on the National Instrument 43-101 Technical Report results on the Ying silver-lead-zinc property in Henan Province, China.

As quoted in the press release:

Highlights of the Ying 2012 Technical Report

  • Reported mineral resources of 9.21 million tonnes (inclusive of mineral reserves) in the Measured and Indicated categories grading 324 grams per tonne (g/t) silver (Ag), 0.16 g/t gold (Au), 5.14% lead (Pb), and 1.83% zinc (Zn), containing 95.89 million ounces (oz) silver, 46,300 oz gold, 473,200 tonnes lead, and 168,800 tonnes zinc, representing a 28% increase in contained silver in Measured and Indicated Resources compared to the 2011 Technical Reports whereas the silver grade is reduced by 19%;

Click here to read the Silvercorp Metals Inc. (TSX:SVM) press release.

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