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Silvercorp Metals Announces High-Grade Gold and Silver Drill Results and Discovery of New Low Angle Gold Veins at LMW Mine
VANCOUVER, BC, June 14, 2023 /CNW/ - Silvercorp Metals Inc. ("Silvercorp" or the "Company") (TSX: SVM) (NYSE American: SVM) is pleased to report assay results f
About this update from Silvercorp Metals Inc.
[{"type":"text","content":" VANCOUVER, BC, June 14, 2023 /CNW/ - Silvercorp Metals Inc. (\"Silvercorp\" or the \"Company\") (TSX: SVM) (NYSE American: SVM) is pleased to report assay results from its ongoing diamond drilling program at the LMW mine within the Ying Mining District, China. Highlights: Discovery of new, low angle copper-gold veins at the W Zone: Hole ZKX1009 intersected 18.0 grams per tonne (\"g/t\") gold (\"Au\"), 32 g/t silver (\"Ag\"), and 8.38% copper (\"Cu\") over a 1.11 metre (\"m\") interval of vein LM29 at the 1,028 m elevation; and 3.0 g/t Au, 1,167 g/t Ag, 1.49% lead (\"Pb\"), and 0.58% Cu over a 2.55 m interval of vein LM30 at the 1,023 m elevation High-grade intercepts from low angle gold veins LM50 and LM26: Hole ZKX0597 intersected 10.79 g/t Au, 272 g/t Ag, 1.55% Pb, 0.19% zinc (\"Zn\") and 0.10% Cu over a 1.26 m interval of vein LM50 at the 782 m elevation Hole ZKX0598 intersected 22.79 g/t Au, 31 g/t Ag and 0.13% Pb over a 0.59 m interval of vein LM50 at the 777 m elevation Hole ZKX0778 intersected 0.33 g/t Au, 1,327 g/t Ag, 3.45% Pb, 0.63% Zn, and 0.15% Cu over a 2.99 m interval of vein LM26 at the 672 m elevation Hole ZKX3822 intersected 28.9 g/t Au and 12 g/t Ag over a 1.24 m interval of vein LM56 at the 532 m elevation High-grade Ag-Pb intercepts at the W Zone: Hole ZKX0471 intersected 3,943 g/t Ag, 2.54% Pb, 0.95% Zn, and 1.07% Cu over a 3.43 m interval of vein W1 at the 1,084 m elevation Hole ZKX0623 intersected 2,991 g/t Ag, 2.52% Pb, 2.29% Zn, and 0.96% Cu over a 0.61 m interval of vein W1 at the 1075 m elevation High-grade intercepts of Ag-Pb-Zn mineralization in the Production Zone: Hole ZKX3414 intersected 1,112 g/t Ag, 3.09% Pb, 0.34% Zn, 0.17 g/t Au, and 1.35% Cu over a 2.83 m interval of vein LM17 at the 553 m elevation Hole ZKX3423 intersected 1,209 g/t Ag, 4.51% Pb, 1.75% Zn, and 0.93% Cu over a 1.47 m interval of vein LM17 at the 565 m elevation From October 1, 2022 to May 31, 2023, a total of 25,692 m in 189 diamond drill holes, including 165 underground holes and 24 surface holes, were completed at the LMW mine. Assay results for 145 holes have been received and select results are presented in Table 1 below. This drilling program has been focused on four target areas: 1) expansion drilling of newly discovered high-grade Ag-Pb and low angle Au-Ag-Cu veins west of the LMW mine (W Zone) at elevations above 918...