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Silvercorp drilling program yields an increase in measured and indicated resources on the Ying project

Silvercorp Metals (TSE: SVM- NYSE AMERICAN: SVM) Vice President Lon Shaver joined Steve Darling from Proactive to shares news the company has provided an update on measured and indicated resources on their Ying Silver-Lead-Zinc Mining District.

Shaver telling Proactive they now have an estimated mineral resource of 20.1 million tonnes in the Measured and Indicated categories grading 234 grams per tonne silver while Inferred resource tonnes have increased by 78%, and contained metal has increased by 42% for silver, 38% for lead, 32% for zinc and 450% for gold.

Quick facts: Silvercorp Metals Inc

Price: 9.67 CAD

TSX:SVM
Market: TSX
Market Cap: $1.69 billion
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on 08/28/2020

2 min read