Silvercorp Reports Net Income of $9.8 Million and Cash Flow of $23.8 Million in Fourth Quarter

Silvercorp Metals Inc. (TSX:SVM)(NYSE:SVM) announced its unaudited financial and operating results for the fourth quarter and fiscal year that ended March 31, 2010, and provides an outlook for its fiscal 2011 year.

The press release is quoted as saying:

Silvercorp Metals Inc. is engaged in the acquisition, exploration, development and mining of high-grade silver-related mineral properties in China and Canada. Silvercorp is the largest primary silver producer in China through the operation and development of four silver-lead-zinc mines at the highly profitable Ying Mining Camp in the Henan Province of China.

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