Silvercorp Metals Inc. · TSX:SVM

Silvercorp Metals — Corporate Update (January 2012)

10 slides from Silvercorp Metals's corporate update, Jan 5, 2012

  1. Slide 1: Progress Update GC Project, Guangdong Province, China

    Progress Update GC Project, Guangdong Province, China As of December 31, 2011

  2. Slide 2: Completed 604 metres of Stage 1 Ramp since mid-August 2011

    Completed 604 metres of Stage 1 Ramp since mid-August 2011 1 1

  3. Slide 3: 6-metre Diameter Main Shaft Opening: Preparation for Cement Pouring

    6-metre Diameter Main Shaft Opening: Preparation for Cement Pouring (Expected depth of 620 m) 2 2

  4. Slide 4: Ventilation Shaft Opening: Preparation for Cement Pouring

    Ventilation Shaft Opening: Preparation for Cement Pouring 3 3

  5. Slide 5: Ore Bin Foundation: Preparation for Cement Pouring

    Ore Bin Foundation: Preparation for Cement Pouring 4 4

  6. Slide 6: Water Recycling Tanks Constructed for Mill

    Water Recycling Tanks Constructed for Mill 5 5

  7. Slide 7: Second Floor of Mine Office: Preparation for Cement Pouring

    Second Floor of Mine Office: Preparation for Cement Pouring 6 6

  8. Slide 8: Completed Two Floors of Mine Office Building

    Completed Two Floors of Mine Office Building 7 7

  9. Slide 9: Construction of Second Floor of Staff Accommodation Building

    Construction of Second Floor of Staff Accommodation Building 8 8

  10. Slide 10: GC Development Project: Progress towards production

    GC Development Project: Progress towards production  Construction of 1,600 tpd mine and mill underway  1,600 tpd floatation mill expected to be completed by July 2012 ($17 MM) Ying Mining District  FY2012 Mine & Mill Development: $22.5 MM China  30 year mining permit has been obtained XBG + XHP

Silvercorp Metals — Corporate Update (January 2012) on 6ix