Silvercorp Metals Inc. Reports Results of 2016 Exploration Program at the LMW Mine, Ying Mining District, Henan Province, China
January 30, 2017 at 01:41 pm
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Silvercorp Metals Inc. reported the results of its 2016 exploration program at the LMW mine, Ying Mining District, Henan Province, China. The company completed 17,410 meters underground diamond drilling and 7,909m exploration tunneling in 2016 at the LMW mine. Highlights of the 2016 exploration results is the delineation of high-grade northwest-trending vein structures LM19W1 and S19W2 and other parallel vein groups. The 4,877m drift tunneling exposed a total of 1,931m of high-grade mineralized zones. Re-interpretation of previous exploration data in early 2015 resulted in identification of the northwest striking vein structures LM19W1 and LM19W2 at LMW mine. Underground drilling and exploration tunneling afterwards in 2015 and 2016 have controlled strike lengths of more than 700 m for both vein structures, and exposed stable and continuous high-grade mineralization zones in drift tunnels within the two newly defined structures. In addition to the known dominant northeast striking vein structures, discovery of vein structures LM19W1 and LM19W2 at LMW may indicate enormous exploration potential of the previously less-explored northwest striking vein structures in the Ying mining district, especially the TLP, LME and LMW mines. Exploration in 2017 at LMW will be mainly focused on vein groups LM14, LM16, LM17, LM19, LM30, LM32, and LM41. The company has proposed a comprehensive program comprising 9,654m tunneling to upgrade the previously drill defined mineral resources between Level 900m and Level 550m, and 12,400m underground drilling to further trace the striking and downdip extensions of the target veins and test for new veins between the 520m and 0m elevations.
Silvercorp Metals Inc. is a mining company. The Company is engaged in producing silver, gold, lead, and zinc with a long history of profitability and growth potential. It is engaged in the acquisition, exploration, development, and mining of mineral properties. The Companyâs operations include Ying Mining District, GC Mine and BYP Mine. Its Ying operation is located approximately 240 kilometers (km) west-southwest of Zhengzhou, the capital city of Henan Province, China, and 145 km southwest of Luoyang. The flagship Ying operations consist of seven underground mines, including SGX, HZG, HPG, TLP, LME, LMW and DCG and two processing plants (combined 2,600 tpd capacity) The GC mine is located approximately 200 km west of Guangzhou, the capital city of Guangdong Province, China. The BYP Mine is located approximately 220 km southwest of Changsha, the capital city of Hunan Province, China. It also operates two sulphide flotation plants at Ying with a total design capacity of 2,600 tpd.
SILVERCORP METALS INC. 
