Drilling intercepts at the Ying Mine add to Silvercorp’s resources and reserves

At the Ying Mine in China, Silvercorp Metals reported on Monday the results of a underground diamond drilling program that showed high grade silver, lead and zinc.

“The 2010 underground drill program at the Ying Mine intended to investigate down dip extensions of several major production veins (e.g. S16W, S14, S7, S21, and S8) and to drill laterally to define new veins or under-explored veins near these major production veins,” said the company in news release.

The company said that 22 of the 51 drill holes intercepted high grade silver, lead and zinc.

The highlights of the 2010 underground drilling on S2 Vein are as follows:

  • Hole ZK1033 intersected 0.9 metre of the vein grading 1,746 g/t Ag, 19.62% Pb, and 3.15% Zn at the 263m elevation;
  • Hole ZK1233 intercepted 2.0 metres of the vein grading 1,593 g/t Ag, 28.79% Pb, and 3.48% Zn at the 203m elevation;
  • Hole 14A07 intersected 4.35 metres of the vein grading 331 g/t Ag, 6.89% Pb, and 32.93% Zn at the 15m elevation;
  • Hole ZK0812 intersected 1.1 metres grading 991 g/t Ag, 14.47% Pb, and 5.08% Zn at the 284m elevation, including 0.30 metre of massive galena grading 3,124 g/t Ag, 47.53% Pb, and 0.79% Zn;
  • Hole ZK14A09 intersected 0.70 metre of massive galena grading 1,148 g/t Ag, 39.47% Pb, and 2.82% Zn at the 302m elevation.
  • Hole ZK0222 intersected 0.25 metre of massive galena grading 1,116 g/t Ag, 45.39% Pb, and 15.99% Zn at the 206m elevation;
  • Hole ZK02A21 intersected 0.15 metre of massive galena containing 1,581 g/t Ag, 62.24% Pb, and 1.10% Zn at the 264m elevation level.