Silvercorp Metals(US:SVM) Prnewswire·2024-12-18 22:43Core Insights - Silvercorp Metals Inc. has reported significant assay results from its diamond drilling program at the LMW underground mine in the Ying Mining District, Henan Province, China, focusing on high-grade, low-angle veins. Drilling Program Overview - The drilling program targeted four main areas: 1. Expansion drilling of high-grade Ag-Pb and low-angle Au-Ag-Cu veins at the W Zone 2. Expansion drilling of low-angle Au and Ag-Au-Cu veins at the Au Zone 3. Drilling to extend high-grade LM41E series veins at the E Zone 4. Infill drilling of Ag-Pb-Zn veins at the P Zone [2] High-Grade Intercepts - Significant high-grade intercepts were reported from various veins: - W Zone: - Hole ZKX1613: 2,705 g/t Ag, 0.67% Pb, 0.26% Zn, and 0.14% Cu over 18.02 m [6] - Hole ZKX13828: 1,367 g/t Ag, 8.66% Pb, 1.12% Zn, and 0.32% Cu over 1.80 m [6] - Au Zone: - Hole ZKX1019: 34 g/t Au, 31 g/t Ag, and 4.45% Cu over 0.82 m [7] - Hole ZKX03X151: 29 g/t Au, 30 g/t Ag, 0.47% Pb, and 0.22% Zn over 1.11 m [7] - E Zone: - Hole ZKX10756: 1,582 g/t Ag, 4.36% Pb, 0.51% Zn, 1.66 g/t Au, and 0.15% Cu over 0.76 m [9] - P Zone: - Hole ZKX11241: 4,738 g/t Ag, 2.12% Pb, 1.33% Zn, 0.19 g/t Au, and 0.64% Cu over 1.80 m [12] Drilling and Tunneling Activities - From June 1, 2023, to November 30, 2024, a total of 78,980 m in 678 diamond drill holes were completed at the LMW mine, with assay results for 548 holes received [1] - A total of 15,694 m of exploration tunnels were developed to upgrade drill-defined mineral resources and test for new structures [5] New Discoveries - A new high-grade vein, LM28, was discovered in the W Zone, showing high values of gold and copper grades [1] - The LM50 vein block has been defined to extend 1,000 m along strike and 450 m downdip, with new vein structures discovered [7]