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Silvercorp Metals Announces Exploration Results from HPG Mine
Silvercorp Metals Inc. (TSX:SVM) has announced the exploration results from the first three quarters of 2015 at the HPG mine in Ying Mining District, Henan Province, China.
Silvercorp Metals Inc. (TSX:SVM) has announced the exploration results from the first three quarters of 2015 at the HPG mine in Ying Mining District, Henan Province, China.
According to the press release:
The 2015 exploration program at the HPG mine was designed to upgrade the drill-defined mineral resources with exploration tunneling and to explore for new mineralization at the unexplored downdip and strike extensions of major production veins H17, H15 and H5W using underground diamond drilling. Drill targets on the strike extensions of H17 and H15 are distributed approximately from 50m to 300m northeastwards from the previously known mineralization within these vein structures. Results of the on-going exploration drilling program thus far demonstrate that mineralization of the major production veins H17, H15 and H15W have been extended for about 300m along the northeast strike direction between the 450m and the 100m elevations. The extended mineralization is well defined by mineralized intersections from seven diamond holes ZK3410, ZK3604, ZK3606, ZK3607, ZK3608, ZK3802 and ZK4201 between exploration lines 34 and 42. Exploration tunneling for resource upgrade has continuously exposed high-grade mineralization within production veins between levels 680m and 251m.
[…] A total of 6,206m of diamond drilling in 29 holes was completed using 2 underground rigs in the first three quarters of 2015. Diamond holes were drilled from drill stations located in underground workings on the 460m and the 300m levels to test multiple vein structures between the 450m and 100m elevations. A total of 316 core samples were collected from intersections of altered and mineralized vein structures. As of September 30, the Company received assay results for 24 holes, and 12 of the 24 holes intersected one or multiple mineralized zones and other holes intersected target vein structures. Assay for five holes are pending.
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