Silvercorp Metals Reports V2 and V9 Drill Results; Shares Rise 4%

By Staff,

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Silvercorp Metals Inc. ( SVM ) reported results from the 2012 infill and step-out drilling program for vein V2 and the V9 vein group at the GC silver-lead-zinc project located in Guangdong Province, China.

Silvercorp commenced underground infill drilling of V2 and infill and step-out drilling of the V9 vein group in July 2012.

The company reported intercepts of 415 g/t Ag, 1.6% Pb and 1.93% Zn over 7.66 meters true width.

SVM shares are up 4.1% to $5.57, and are within a 52-week range of $33.21 - $44.79.

The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

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This article appears in: Investing Commodities
Referenced Stocks: SVM

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