Silvercorp Metals - Jetzt geht\'s hier richtig los! (Seite 437)

[wolfi67]

Hallo zusammen,

schon gesehen: Lese gerade im stockhouse-Forum quer und anscheiend gab es heute bereits Zahlen -und zwar GUTE!

Hier der Link -und die Cans ziehen an...

http://www.silvercorp.ca/news/2008/news_20080505.php


Viele Grüße

wolfi67

[eifelcash]

Hi,
der thread war noch nie ein Freund von großen Worten, wozu auch??

Diejenigen die hier sind wissen wieso,weshalb, warum.

Also ich lass mein Geld hier gerne verkommen.....

Special greetings at sloop...

eifelcash

[wolfi67]

Hallo tradeand,

natürlich gibt es überzeugte Investierte! Das Forum ist frei von sinnlosen Sprücheklopfern, Pushern, Bashern und wie si alle heißen. Hier findest du mehr Informationen als in vielen völlig zugemüllten anderen Threads. Gut-manchmal ist es mir auch ein kleines bisschen zu ruhig -aber was soll's?
Zum Unternehmen gibt es sicher bald Neues: Die 2007er-Gesamtzahlen werden ebenso kommen wie die Ergebnisse aus dem ersten Quartal! Sollten eigentlich im Mai oder Anfang Juni kommen.

Über den Kurs habe ich mich natürlich auch schon geärgert, aber wenn man sich anschaut, wie viele andere (gute) Minenunternehmen in den Keller gerutscht sind, dann sind wir immerhin nicht alleine. Und somit liegt es nicht an der Company selber, sondern am Umfeld.
Ich habe vor Kurzem letztmalig bei SVM nachgelegt und habe meinen Gesamt-EK auf ca. 5,40 drücken können. Ich kenne jedenfalls keinen anderen Low-Cost-Producer, der solche Ressourcen und Liegenschaften verbunden mit einem fähigen Management aufweist. Also sitze ich diese Phase aus! Kennst du evtl. gleichgute Minenwerte im Edelmetallsektor?
Irgendwann (vielleicht ab Herbst nächsten Jahres) möchte ich die ersten Früchte meiner Geduld ernten und mich an Kursen um 12-15CAD erfreuen können.

Viele Grüße aus dem Weserbergland

wolfi67

[sloopjohn]

Antwort auf Beitrag Nr.: 34.030.046 von tradeand am 05.05.08 17:09:02

"Das Forum hier ist genauso tot wie der Kurs ..."

Aha.

Dann braucht's wohl dringendst eines neuen Erweckungs-Apostels. Oder gibst du uns hier gar den neuen Messias? Dann sollten vielleicht statt (über)flüssiger Fragen ein paar flüssige Antworten kommen...

btw.: Was "wir" -sprich: andere Investierte- hier machen, kann ich nicht beurteilen; ich jedenfalls bilde weder den Silberpreis nach, geschweige denn steige ich aus.

Sonnige Grüße,
sloop

[tradeand]

Sollte der Silberpreis unter die $16 Marke fallen ist wieder Luft nach unten bis $14 ... dann lieber vorher aussteigen, denn wir bilden hier den Silber-Chart beinahe nach....

[tradeand]

Das Forum hier ist genauso tot wie der Kurs ...
Gibts noch überzeugte investierte?

Was macht der Silberpreis? Heute scheint auf jeden Fall der Abwärtstrend gebrochen ... ich hoffe das ist nachhaltig !!!

Hat wer akruelle Infos zur Silberpreis-Entwicklung? Vorschauen?
Weiss wer was aufregendes zum Unternehmen ???

[eifelcash]

Hi wolfi,

gaaanz ruhig Blut.

Du hast es selber beschrieben, wir sind hier richtig gut aufgestellt.
Der Minensektor hat heute durch die Bank geblutet.

Das wird wieder anders.

eifelcash

[wolfi67]

Hallo Leute,

jetzt werden die Minenwerte aber wieder gnadenlos abgestraft. Ich dachte eigentlich, dass bei 4,80 erstmal Schluss mit der Talfahrt sei -das hat aber nicht lange gehalten.

SVM ist richtig gut aufgetsellt, hat tolle Liegenschaften mit etlichen Ressourcen, ein super Management, hat wieder etwas akquiriert und fällt und fällt und fällt. Mann, Mann, Mann -das geht mir ganz schön auf den Zwirn.
Vielleicht erleben wir ja gerade den Sell Off im Mai -oder kommt der erst noch? Ich hoffe nicht!!
SVM ist total unterbewertet -da muss doch mal ein Rebound kommen!

So -genug Dampf abgelassen
Ich denke Kostolany hatte Recht -erst kommt der Schmerz -dann das Geld. Hoffentlich werden wir hier nicht dauerhaft Schmerzen haben


Viele Grüße

wolfi67

[eifelcash]

Apr 28, 2008 09:00 ETSilvercorp Acquires Significant Silver-Lead-Zinc Resources in Guangdong Province, Southern China
VANCOUVER, BRITISH COLUMBIA--(Marketwire - April 28, 2008) - Silvercorp Metals Inc. (TSX:SVM) ("Silvercorp" or the "Company") is pleased to announce that it has entered into a share purchase agreement with Yangtze Gold Ltd. ("Yangtze Gold"), a private BVI company, to acquire from Yangtze Gold all of the issued shares of Yangtze Mining Ltd. ("Yangtze Mining"). Yangtze Mining owns a 95% interest in a Sino-Foreign joint venture company, Anhui Yangtze Mining Co. Ltd. ("Anhui Yangtze"), which owns 100% of the Gaocheng ("GC") and Shimentou ("SMT") silver, lead and zinc exploration permits located in Guangdong Province, People's Republic of China.

The GC and SMT Permits, located about 200 kilometres west of Guangzhou City, Guangdong Province, China, cover an area of 5.54 and 9.49 square kilometres respectively. The permits, since 2001, have been explored for gold, silver, lead, zinc, and sulphur. A total of 16,819 metres of diamond drilling in 53 drill holes and 13,630 cubic metres of trenching have been completed on the properties by Anhui Yangtze.

A NI 43-101 independent technical report dated January 17, 2008 has been completed on the Permits by SRK Consulting China Limited (the "SRK Report") which reported Measured and Indicated Resources on the GC Permit alone of 1,829,700 tonnes grading 129 grams per tonne (g/t) silver (Ag), 1.45% lead (Pb), 2.79% zinc (Zn) and 0.14% tin (Sn), and Inferred Resources of 7,281,300 tonnes grading 125 g/t Ag, 1.38% Pb, 3.00% Zn and 0.13% Sn.

In compliance with Chinese regulations for obtaining a mining license, a Chinese qualified agent, the Guangdong Geological Survey Institute ("GGSI") has also prepared a Geological Report on the GC Permit dated September 30, 2007. The report summarizes the geology and exploration of the GC permit, and contains a resource estimate conducted in accordance with Chinese Resource Standards. The GGSI resource estimate was accepted by the Mineral Resources and Reserves Examination Center ("MRREC") of the Ministry of Land and Resources PR China ("MLR") based in Beijing which issued a "Resource Estimate Confirmation Letter", on December 24, 2007, which has, in turn, been accepted for filing by the Department of Land and Resource of Guangdong Province, thus allowing Anhui Yangtze to apply for a mining license on the GC Permit, based on the resource estimate.

The purchase price for the shares of Yangtze Mining is about C$61.95 million and will be paid 40% in cash and 60% in common shares of Silvercorp. The 40% cash portion will be payable as to 20% at closing and 20% plus interest at 5.5% on that amount from the date hereof payable when Silvercorp receives its next dividend payment from its Chinese subsidiary Company, or within 3 months, whichever is earlier. The 60% common share portion of the purchase price will be payable by the issuance at the closing of 4,532,543 common shares of the Company at a price of C$8.20 per share, being the volume weighted average trading price of the shares of the Company during the 30 calendar days prior to the date of signing this agreement.

The Company will pay a deposit of C$2.0 million to Yangtze Gold, which amount will be credited against the cash portion of the Purchase Price. The deposit is non-refundable unless a breach of certain representations and warranties by Yangtze Gold or that Silvercorp's financial advisor is unwilling or unable to deliver a written opinion that the transaction is fair from a financial point of view to Silvercorp's shareholders. The Company will take over the operation of Anhui Yangtze immediately and will advance RMByens 20 million to Anhui Yangtze so that it can start the process of applying for a mining permit and carry out further exploration program, including drilling.

Dr. Rui Feng, Chairman & CEO of the Company, is a Director of Yangtze Gold, Yangtze Mining, and Anhui Yangtze, and Mr. J. Feng, a relative of Dr. Feng, controls Yangtze Gold. The transaction has been approved by the independent directors of the Company in accordance with applicable regulations. Closing of the transaction is subject to the Company's due diligence, receipt of a fairness opinion, and approval by required regulatory authorities. Closing is expected to occur on or before June 8, 2008.

Through consolidation of the Ying Mining Camp over the last six months, the Company is now operating four mines at the Ying Camp and is increasing its mill throughput to 3,000 tonnes per day from its current throughput of 1,300 tonnes per day. With the purchase of the GC and SMT Properties, Silvercorp expects to realize the benefits of growth in resources and near term production from a new mining camp in a different province, and establishes a new base for further consolidation of the GC silver, lead, zinc mining district.

Geology of the GC and SMT Permit areas

The GC and SMT Permits are located at the South China Orogenic Belt, where the NE trend DGS Dome structure is developed with Proterozoic and Sinian metamorphic rocks as core and Carboniferous and Triassic sedimentary as limbs. Yanshanian (Mesozoic period) intermediate-acid magma emplaced along DGS Dome structure accordingly led to the faulting trending NE and NW. These Yanshanian faults host the mineralization at both GC and SMT Permits, which is believed to be intrusion related similar to other hydrothermal deposits.

The following is a brief summary of the GC and SMT Permits from the SRK Report.

GC Permit

Mineralized bodies in the GC permit occur as veins within alteration zones in both granite stock and strata which may reach more than a few metres (m) wide along faults and into hanging wall and footwall, and are structurally controlled. A total of 13 silver-lead-zinc mineralized veins have been identified within an area of 3km long on NW by 1.5km wide on NE. Mineralized veins V2, V6, V7, V2-2 and V10 are dominant, accounting for approximately 86% of known mineralization with V2, being the largest vein, accounting for approximately 48% of known mineralization. This vein has been outlined along strike for 1,255m and at depth down to 466m with thickness ranging 0.39-9.69m grading 7.45-968g/t Ag , 0.03-6.81% Pb , 0.01-10.61% Zn and 0.0-0.56% Sn.

The calculated mineral resources for the GC Permit as outlined by the SRK Report are:




------------------------------------------------------------------- Ag Pb Zn SnCategory Tonne (g/t) (%) (%) (%)-------------------------------------------------------------------Measured 499,800 207 1.31 3.94 0.14-------------------------------------------------------------------Indicated 1,329,900 100 1.51 2.36 0.13-------------------------------------------------------------------Inferred(o)(i) 707,200 239 1.01 0.1 0.08-------------------------------------------------------------------Inferred(s)(i) 6,574,100 113 1.42 3.32 0.13-------------------------------------------------------------------Measured + Indicated 1,829,700 129 1.45 2.79 0.14-------------------------------------------------------------------Inferred 7,281,300 125 1.38 3.00 0.13-------------------------------------------------------------------
------------------------------------------------------------------- Ag SnCategory (Kg) Ag (oz) Pb (t) Zn (t) (t)-------------------------------------------------------------------Measured 103,270 3,320,226 6,546 19,712 709-------------------------------------------------------------------Indicated 133,590 4,295,043 20,040 31,362 1,772-------------------------------------------------------------------Inferred(o)(i) 168,680 5,423,219 7,121 673 561-------------------------------------------------------------------Inferred(s)(i) 742,360 23,867,564 93,669 218,002 8,619-------------------------------------------------------------------Measured + Indicated 236,860 7,615,269 26,587 51,075 2,481-------------------------------------------------------------------Inferred 911,040 29,290,783 100,790 218,675 9,179-------------------------------------------------------------------(i) O is oxide ore and S is sulphide ore(ii) These mineral resources were calculated based on a cut-off grade of 40 g/t for Ag, 0.7% for Pb, 0.7% for Zn and 0.1% for Sn. with a minimum mineable thickness of 0.8m and maximum thickness of internal waste of 2.0m.



The following table outlines assay results of some of the drill holes, tunnels and trenches at the GC Permit area:



Significant intersection of diamond drill holes from GC Permit area-------------------------------------------------------------------------Mineral- Inter-ized Drill From To val Ag Pb Zn SnVeins Section# Hole (m) (m) (m) (g/t) (%) (%) (%)-------------------------------------------------------------------------V2 14 ZK1401 255.97 257.50 11.53 207 0.08 4.67 Including 255.97 259.60 3.63 471 0.05 7.83 14 ZK1402 307.03 308.00 0.97 56 0.54 4.32 0.05 16 ZK1601 216.89 223.39 6.50 238 0.21 6.10 0.56 ----------------------------------------------------------------- 24 ZK2402 268.36 282.51 14.15 126 0.77 1.54 0.21 Including 273.51 278.51 5.00 203 1.04 1.70 0.31 28 ZK2802 278.95 279.95 1.00 159 0.49 0.99 0.16 32 ZK3202 226.00 231.81 5.81 117 1.77 2.98 0.08 32 ZK3202 360.67 365.80 5.13 292 8.44 5.90 0.19 Including 360.67 364.55 3.88 373 10.92 7.15 0.20 32 ZK3204 518.06 525.60 7.54 197 1.54 5.00 0.32 Including 519.06 522.66 3.60 385 2.59 8.47 0.56 48 ZK4803 71.79 72.09 0.30 125 1.78 1.54 0.01 54 ZK5401 117.32 118.40 1.08 34 1.55 2.10 0.14-------------------------------------------------------------------------V2-1 36 ZK2802 202.45 203.85 1.40 111 0.12 3.02 0.37 32 ZK3202 162.90 163.79 0.89 51 2.24 2.68 0.07 32 ZK3204 487.00 488.00 1.00 107 0.55 5.88 0.93 36 ZK3603 283.28 275.28 2.00 37 1.36 1.31 0.06 36 ZK3604 333.66 334.93 1.27 147 1.75 6.20 0.64V2-2 18 ZK1801 387.32 388.78 1.46 139 0.06 0.14 0.42 32 ZK3201 147.73 150.98 3.25 72 2.71 5.76 0.05 32 ZK3204 576.20 577.66 1.46 121 0.21 4.23 0.59 36 ZK3602 299.86 300.27 0.41 119 0.08 9.71 0.09 44 ZK44102 32.10 34.80 2.70 147 1.77 4.75 0.08 44 ZK44201 3.70 5.07 1.37 113 0.04 1.47 --------------------------------------------------------------------------V4 406 ZK40601 168.79 170.79 2.00 307 0.37 1.40 0.02 406 ZK40602 207.19 208.09 0.90 41 1.46 6.01 0.31-------------------------------------------------------------------------V5 14 ZK1402 81.28 82.05 0.79 112 0.04 0.08 0.01 32 ZK3203 87.57 88.26 0.69 524 2.05 0.38 0.10 32 ZK3204 180.00 180.60 0.60 144 3.38 4.01 0.05-------------------------------------------------------------------------V5-1 32 ZK3204 100.65 100.95 0.30 196 0.15 21.96 0.16V6 12 ZK1201 160.07 164.40 4.33 124 0.23 9.51 0.10 Including 162.87 164.40 1.53 289 0.13 20.52 0.20 24 ZK2401 343.06 343.56 0.50 122 2.81 3.98 0.23 32 ZK3204 641.56 642.11 0.55 209 1.61 2.95 0.06-------------------------------------------------------------------------V7 10 ZK1001 183.37 183.94 0.57 224 0.84 4.70 1.24 16 ZK1602 264.25 265.72 1.47 52 0.03 4.07 0.12 18 ZK1801 182.71 183.48 0.77 143 0.11 0.99 0.05 20 ZK2001 242.04 243.24 1.20 109 0.22 0.38 0.06 20 ZK2002 318.62 319.88 1.26 105 0.17 9.75 0.30 28 ZK2802 132.62 141.75 9.13 55 0.96 3.79 0.07 Including 141.75 142.75 1.00 245 4.09 11.94 0.21 36 ZK3602 116.55 118.72 2.17 58 1.46 2.34 0.06 36 ZK3603 147.34 149.17 1.83 29 0.17 4.70 0.09 36 ZK3604 205.90 209.73 3.83 51 2.86 3.18 0.10-------------------------------------------------------------------------V7-0 32 ZK3204 291.50 292.05 0.55 101 1.17 13.84 0.10 36 ZK3604 190.00 191.03 1.03 36 0.02 3.51 0.16-------------------------------------------------------------------------V7-1 20 ZK2002 239.40 240.50 1.10 670 8.37 4.21 0.17 28 ZK2801 71.00 71.57 0.57 119 4.07 0.98 0.15 28 ZK2802 125.60 126.70 1.10 37 1.41 2.73 0.03 32 ZK3204 255.30 255.70 0.40 1200 4.62 1.44 0.02 36 ZK3602 67.90 69.90 2.00 153 0.41 10.65 0.16V10 44 ZK44101 40.81 42.87 2.06 589 6.03 4.19 0.08 44 ZK44102 78.22 79.00 0.78 172 3.87 3.27 0.14-------------------------------------------------------------------------
Significant intersection of tunnels and surface trenches of the GC Permitarea-------------------------------------------------------------------------Mineral- Trueized Trench/ WidthVeins Section# Tunnels (m) Ag (g/t) Pb (%) Zn (%) Sn (%)-------------------------------------------------------------------------V2 14 ML6 1.40 271 0.32 10.61 0.40 16 ML6 3.10 245 2.58 3.29 0.17 18 ML6 2.05 97 1.80 2.96 0.12 20 ML9 4.80 418 5.13 1.75 0.29 16 TC1602 4.90 525 1.06 0.07 0.22 26 TC42 1.93 250 1.33 0.01 30 BT3 2.70 217 4.18 0.17 0.15 52 ML8 0.90 45 1.40 3.16 0.18 52 TC060 1.60 968 0.40 0.04 0.39-------------------------------------------------------------------------V2-1 40 ML5 0.45 10 0.04 6.06 0.02-------------------------------------------------------------------------V3 403 ML2 1.00 137 13.74 10.74 0.05 401 TC5 2.55 550 0.25 0.02 0.04-------------------------------------------------------------------------V4 425 ML4 0.85 270 0.06 0.05 0.02 423 BT2 1.00 143 0.14 0.05 0.03 400 ML1 3.30 106 0.51 0.14 0.03 401 ML1 3.46 204 1.00 0.19 0.11 406 ML3 2.20 416 1.19 0.09 0.12-------------------------------------------------------------------------V5-1 34 BT07-17 0.40 161 2.62 0.17 0.04 36 TC3601 0.90 353 1.40 0.09-------------------------------------------------------------------------V6 6 BT07-21 2.00 108 0.20 0.05 0.02 44 PD12 1.10 186 0.12 0.10 0.01 44 TC058 1.70 423 1.42 0.05 0.30-------------------------------------------------------------------------V7 34 TC4 0.60 103 0.11 0.36 0.04 38 ML5 0.20 133 5.97 1.67 0.09-------------------------------------------------------------------------V8 32 TC054 2.00 293 0.46 0.02 0.04 38 BT13 2.00 108 0.02 0.08 0.04-------------------------------------------------------------------------V10 42 ML5 1.40 504 6.92 6.84 0.21 44 TC059 8.60 273 1.92 0.11 0.05 36 TC3601 2.80 206 0.34 0.07-------------------------------------------------------------------------TC is Trench and ML and PD are tunnels-------------------------------------------------------------------------



SMT Permit

The poly-metallic mineralization in the SMT deposit is both strata and structurally controlled and considered to be a sedimentary-hydrothermal type deposit. Based on previous historical work which included 3,218m of drilling (17 holes) and 4,196 cubic meters of trenching, it has been established that mineralized veins occur in a certain layer of strata that is underneath a thick layer of pyrite-rich strata as a layer-like or lenses which may extend up to 4,000m along strike. Six (6) mineralized veins ( V1, V2, V3, V5, V6 and V7) have been defined.

V3, V7 and V2 are the main mineralized veins. V3 mineralized vein has a defined length of 1000m and a defined depth of 100m with vertical thickness of 0.7 to 3.65m with grades varying 54.4 to 344 g/t Ag, 5.21 to 8.87% Pb, 0.07 to 6.08% Zn, 0.03 to 0.44% Sn and 0.17 to 1.79 g/t Au. Vein V7 has a defined length of 300m a depth of 145m and a vertical thickness of 2.27 to 7.59m with grades varying 14.6 to 154.2 g/t Ag, 0.57 to 7.28% Pb, 0.60 to 7.45% Zn, 0.21 to 1.44% Sn and 0.05 to 0.43 g/t Au. Vein V2 has a defined length of 400m, depth of 500m and a vertical thickness of 1.17 to 3.21m with grades varying 20.8 to 88.6 g/t Ag, 1.71 to 1.74% Pb, 0.83 to 0.58% Zn, 0.21 to 1.44% Sn and 0.12 to 0.63 g/t Au.

The SRK Report did not calculate any resource for the SMT Permit area. However, based on the SRK report, a historical resource was calculated by the GGSI in 2005, which contains 2,129,800 tonne materials grading 1.53 g/t Au, 130 g/t Ag, 5.09% Pb and % Zn. Please note that a qualified person has not done sufficient work to classify the GGSI historical resource estimate as current mineral resources and Silvercorp is not considering these historical resources as current mineral resources. This historical resource calculation is not in compliance with NI 43-101 and should not be relied upon:



Historical Resource Estimate by GGSI (not NI43-101 compliant)----------------------------------------------------------------- Au Ag Pb Zn SnCategory Tonnes (g/t) (g/t) (%) (%) (%)-----------------------------------------------------------------Inferred 2,129,800 1.53 130 5.09 2.23 0.18-----------------------------------------------------------------
------------------------------------------------------------Category Au (oz) Ag (oz) Pb (t) Zn (t) Sn (t)------------------------------------------------------------Inferred 104,842 8,923,976 108,487 47,805 3,757------------------------------------------------------------



The following table outlines assay results of drill holes, tunnels and trenches at SMT Permit area:



-------------------------------------------------------------------------- Drill TrueMineral- Hole/ Thick-ized Trench/ ness Ag Pb Zn Sn AuVein Section# Tunnel (m) (g/t) (%) (%) (%) (g/t)-------------------------------------------------------------------------- 4.18 76 1.22 3.85 0.02 0.05 ------------------------------------------ ML2 1.8 1262 12.18 2.79 0.06 ------------------------------------------V1 0 0.81 191 2.19 3.34 0.02 ----------------------------------------------------- ML1 1.47 79 2.77 2.37 0.05 ----------------------------------------------------- ZK001 1.61 35 1.30 1.73 0.26-------------------------------------------------------------------------- D534 0.95 89 1.74 0.58 0.04 -----------------------------------------------------V2 0 BT10 2.35 21 1.71 0.08 0.02 ----------------------------------------------------- D029 2.46 20 1.56 0.33 0.52-------------------------------------------------------------------------- 16 TC18 2.04 93 8.01 0.95 0.06 0.17 ----------------------------------------------------------------- ZK001 0.57 77 6.28 0.07 0.03 1.20 ------------------------------------------ 10 1.74 344 8.87 6.08 0.44 1.60 -----------------------------------------------------V3 D064 0.9 5.26 0.08 0.59 ----------------------------------------------------------------- 1 TC0402 0.98 4 0.31 0.06 0.78 0.59 ----------------------------------------------------- ML0401 1.57 45 5.21 0.18 0.21 0.38 ----------------------------------------------------------------- 9 TC0001 1.01 185 9.11 0.13 0.09 1.79 ----------------------------------------------------- ZK901 1.81 228 5.86 0.13 0.06 0.40--------------------------------------------------------------------------V5 11 ZK1103 2.91 38 10.66 4.89 0.02 8.54--------- ------------------------------------------V6 2.19 148 3.47 1.14 0.02 5.63--------------------------------------------------------------------------V7 10 ZK001 1.84 15 0.57 0.60 1.44 0.05 ----------------------------------------------------- ML11 5.81 154 7.28 7.45 0.21 0.43--------------------------------------------------------------------------
ZK: drilling hole; ML: tunnel; TC and BT: trench



Future Plan

The Company will initiate a drilling program on both the GC and SMT properties immediately as the current information indicates that a number of drilling targets exist. Concurrently, the Company will also start the process of applying for a mining permit on the GC Permit using the resource estimate done by GGSI in 2007 that has been accepted for filing by the relevant Chinese government authorities.

Quality Control

Anhui Yangtze Mining Co. Ltd. has implemented a quality control program to ensure best practice in sampling and analysis of the trench, tunnel and drilling hole samples. All samples are shipped directly in a security sealed bag to the Assaying Centre of South-western Metallurgy and Geology (ISO9001 certified) in Chengdu, Sichuan, China and the Laboratories of Guangdong Zhaoqing Engineering Geology and Exploration Institute (ISO9001 certified), the internal checking samples are cross checked by the two laboratories, while the external check samples are assayed by Chengdu Center for Mineral Resource Supervision and Assay, and Guangzhou ALS Chemex. In the laboratories, samples are dried, crushed, split, pulverized to 200mesh, and then assay by Atomic Absorption Spectrometer for gold, silver, copper, and Iodometric Titration for tin.

Mike Hibbitts, P.Geo., a qualified person on the project under NI 43-101, has reviewed this news release.

About Silvercorp Metals Inc.

Silvercorp Metals Inc. is engaged in the acquisition, exploration, and development of silver related mineral properties focusing in the People's Republic of China ("China"). Currently, the Company is operating and developing four Silver-Lead-Zinc mines at the Ying Mining Camp, Henan Province, owned through its 77.5% and 70% Chinese subsidiaries, respectively and is also exploring the Na-Bao Polymetalic Project in Qinghai Province, China owned through its 82% Chinese subsidiary.

The Company's common shares are included as a component of the S&P/TSX Composite, the S&P/TSX Global Gold, and the S&P/TSX Global Mining Indexes.

CAUTIONARY DISCLAIMER - FORWARD LOOKING STATEMENTS

Statements in this press release other than purely historical factual information, including statements relating to mineral resources and reserves, or the Company's future plans and objectives or expected results, constitute forward-looking statements. Forward-looking statements are based on numerous assumptions and are subject to all of the risks and uncertainties inherent in the Company's business, including risks inherent in mineral exploration, development, and mining. Production and revenue projections are based not on mineral reserves but on mineral resources which do not have demonstrated economic viability. As a result, actual results may vary materially from those described in the forward-looking statements. There can be no assurance that such forward-looking statements will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements. Accordingly, readers should not place undue reliance on such statements. The Company does not undertake to update any forward-looking statements that are incorporated by reference herein, except in accordance with applicable securities laws. The Company expressly disclaims any obligation to update any forward-looking statements. We seek safe harbour.




For more information, please contact

Silvercorp Metals Inc.
Rui Feng
Chairman & CEO
[phone]

or

Silvercorp Metals Inc.
Lorne Waldman
Corporate Secretary
[phone]
[phone] (FAX)
Email: [e-mail]
Website: www.silvercorp.ca

[wolfi67]

Hallo zusammen,

die Aktie kostet mich echt Nerven -da ging es vor gut einer Woche auf 5,4 hoch und ich habe mich gefreut, dass bald mein EK erreicht wird. Und nun stehen wir wieder da, wo wir Mitte März bereits waren...
Gut, dass ich mein Kapital, wss ich hier investiert habe, nicht so schnell brauche
Bin gespannt, wie lange wir noch brauchen werden, um mal wieder nachhaltig zu steigen.

Gruß

wolfi67