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Silvercorp Metals Inc.

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Summary

Project:

Ying

Deposit:TLP, LME
Location:China
Commodities:Gold-Silver-Lead-Zinc
Date:6/18/2018
Report Code:NI43-101
Report Type:Exploration/Drilling Update
Project Stage:Active Mining & Production
Report details:18-6-2018: Silvercorp Metals Inc. announces an Exploration/Drilling Update report for its TLP, LME deposit at the Ying project. Drilling results incl. 1.16m @ 130g/t Ag, 8.98% Pb, 0.05% Zn from 361.64m. VANCOUVER, British Columbia – June 18, 2018 – Silver
Resources:(not mentioned in this report)
CP/QP:[Overall Report]: Guoliang Ma (Internal)
ABSTRACT:VANCOUVER, British Columbia – June 18, 2018 – Silvercorp Metals Inc. ("Silvercorp” or the “Company”) (TSX:SVM; NYSE American: SVM) is pleased to report results of its exploration programs from July 1, 2017 to March 31, 2018 at the TLP and LME mines, Ying Mining District, Henan Province, China. Results over the same period for the SGX mine in the Ying Mining District were reported on June 8, 2018. During the nine month period, the Company completed 27,687 meters (“m”) of underground diamond drilling with 6 underground rigs from current production levels and 9,832m of exploration tunneling between elevation Levels 500m and 1,070m. Results of underground drilling continuously extended the major mineralized vein structures along strike and downdip and exploration tunneling exposed high grade mineralization zones within major production vein structures. The exploration tunneling, comprising drifting, crosscutting and raising, was driven along and across major mineralized vein structures to upgrade drill defined mineral resources and test for new parallel and splay structures. The tunneling programs from July 1, 2017 to March 31, 2018 at TLP and LME mines are briefly summarized in the following table:

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