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Property NewsJuly 26, 2010 Silvercorp Metal reported that abnormal heavy rainfall over the area covering the Ying Mining District, causing damage to the mining operations at the Ying mining camp. The areas affected includes three access tunnels (two in the Ying Ming and one in the HPG Mine) were flooded. December 30, 2008 Mine and mill operations will be suspended by the end of 2008 as cash flow from the operation is expected to be negative at current metal prices. However, the exploration program at the mine, including underground drilling, will continue. June 23, 2008 Exploration results provided; drill hole ZK1510 intersected 1.62 m interval (core length) of the eruptive breccia grading 5.41 g/t (gram per tonne) gold (Au), 5,474 g/t silver (Ag) at 560m elevation; drill hole ZK1511 intersected 3.52 m interval of the eruptive breccia grading 2.58 g/t Au, 186.17 g/t Ag and 1.25% lead (Pb) at the 573 elevation and a second internal of 9.7m grading 1.98g/t Au, 45.33g/t Ag and 0.16% Pb at 557m elevation; and tunneling intercepted 0.70m true width grading 1.51 g/t Au, 2,493 g/t Ag, 3.47% Pb, and
12.92% Zn at 543m elevation on the H13 Vein, among others. |
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