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Silvercorp Metals Inc.
Summary
| Project: | GC | |
|---|---|---|
| Deposit: | GC | |
| Location: | China | |
| Commodities: | Silver-Lead-Zinc | |
| Date: | 2/14/2018 | |
| Report Code: | NI43-101 | |
| Report Type: | Exploration/Drilling Update | |
| Project Stage: | Active Mining & Production | |
| Report details: | 14-2-2018: Silvercorp Metals Inc. announces an Exploration/Drilling Update report for its GC deposit at the GC project. Drilling results incl. 7.79m @ 143g/t Ag, 3.58% Pb, 5.05% Zn from 96.95m. VANCOUVER, British Columbia – February 14, 2018 – Silvercorp | |
| Resources: | (not mentioned in this report) | |
| CP/QP: | [Overall Report]: Guoliang Ma (Internal) | |
| ABSTRACT: | VANCOUVER, British Columbia – February 14, 2018 – Silvercorp Metals Inc. ("Silvercorp” or the “Company”) (TSX:SVM / NYSE AMERICAN: SVM) is pleased to report results of its 2016 and 2017 exploration program at its GC Ag-Pb-Zn mine, Guangdong Province, China. In 2016 and 2017, the Company launched extensive exploration program and completed a total of 33,029 meters (“m”) of underground diamond drilling and 19,619 m of exploration tunneling at its GC Ag-Pb-Zn mine. Significant high-grade mineralized zones have been exposed at and below the current production levels, and major mineralized zones have been extended along strike and downdip. The drilling program included infill drilling to define and upgrade the current resource model, and step-out drilling for new resources surrounding and below the current resource area. Between 2016 and 2017, 294 NQ sized diamond drill holes with total length of 33,029 meters were accomplished at 7 production levels from 150 m to -200 m at 50 m interval (the elevation of the head frame is 258.5 m). Among them, 153 holes intersected ore veins with Ag equivalent (AgEq) values greater than 194 g/t, and another 36 holes hit mineralized veins with AgEq values between 97 and194 g/t. | |
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