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Silvercorp Metals Inc.

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Summary

Project:

Ying

Deposit:SJX
Location:China
Commodities:Silver-Lead-Zinc
Date:11/6/2019
Report Code:NI43-101
Report Type:Exploration/Drilling Update
Project Stage:Active Mining & Production
Report details:6-11-2019: Silvercorp Metals Inc. announces an Exploration/Drilling Update report for its SJX deposit at the Ying project. Drilling results incl. 1.11m @ 1134g/t Ag, 29.24% Pb, 1.18% Zn from 23.49m. VANCOUVER, British Columbia – November 6, 2019 – Silverc
Resources:(not mentioned in this report)
CP/QP:[Overall Report]: Guoliang Ma (Internal)
ABSTRACT:VANCOUVER, British Columbia – November 6, 2019 – Silvercorp Metals Inc. ("Silvercorp” or the “Company”) (TSX/NYSE American: SVM) is pleased to report results of its exploration programs at the SGX mine, Ying Mining District, Henan Province, China. Exploration drilling is ongoing at the SGX mine, and all other mines at the Ying Mining District. From April 1, 2018 to September 30, 2019, the Company completed 41,127 metres (“m”) of diamond drilling with 7 underground rigs and 30,748m of exploration tunneling between elevation levels 110m and 710m. Results from underground drilling extended the major mineralized vein structures along strike and downdip, and exploration tunneling exposed high grade mineralized zones within major production vein structures. During this period, many mineralized parallel and splay structures were discovered near the known mineralized zones. Particularly, the new discovery of the parallel veins S1W3 and S1W5 with significant drill results within the S1 zone has expanded the mineralization to the northwest of the SGX mine. In addition, results from the drilling and tunneling programs have confirmed that the mineralized vein S32 at the SGX mine is the same vein structure as vein HZ20 at the HZG mine to the south of the SGX mine. The combined strike length of this vein structure is approximately 2,800m, with tunneling and infill drilling still ongoing at the connecting area of this vein structure.

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