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Silvercorp Underground Drilling Intercepts Lead and Zinc
Silvercorp Metals (TSE:SVM,NYSE:SVM) announced drilling results from its’ drilling project at Ying Mine, Ying Mining District, Henan Province, China
Silvercorp Metals (TSX:SVM,NYSE:SVM) announced drilling results from its’ drilling project at Ying Mine, Ying Mining District, Henan Province, China.
The press release is quoted as saying:
The 2010 drill program was successful in further defining the S7-1 vein (a branch of the S7 vein), increasing its known extension from 1,400 to 2,000 metres in strike length, and to a depth of 620 metres down dip, to the 200m elevation level. Numerous high grade pockets were discovered in the S7-1 vein which will be subject to further detailed in-fill drilling in 2011. It is expected that these high grade pockets will add resource/reserve that will either extend the Ying mine life or increase current mining capacity as these pockets are close to the existing mining tunnels and can be quickly developed into mining stopes.
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