Agoracom: Small Cap Investment - Silvercorp Metals - June 5 PR, Significant Resource/Reserves Gain at Ying

China’s largest silver producer

$48.6-million in cash, strong operations and the lowest production costs among its global peers.

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jcwillis

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June 5 PR, Significant Resource/Reserves Gain at Ying

posted on Jun 07, 2012 05:19PM

PRESS RELEASE

Trading Symbol: TSX: SVM

NYSE: SVM
June 5, 2012

SILVERCORP REPORTS SIGNIFICANT GAIN IN MEASURED AND INDICATED MINERAL RESOURCES AND PROVEN AND PROBABLE MINERAL RESERVES AT THE YING SILVER-LEAD-ZINC MINING DISTRICT, HENAN PROVINCE, CHINA

VANCOUVER, British Columbia – June 5, 2012 – Silvercorp Metals Inc.

("Silvercorp" or the "Company") is pleased to report the results of an updated National Instrument ("NI") 43-101 Technical Report with an effective date of May 1, 2012, prepared by AMC Mining Consultants (Canada) Ltd. ("AMC") covering the SGX (/HZG), HPG, and TLP / LM underground mines on the Ying silver-lead-zinc property in Henan Province, China (the "Ying 2012 Technical Report"). The previous May 20, 2011 NI 43-101 Technical Reports were prepared by other parties, and covered the SGX, HPG and TLP / LM mines in three separate reports (the "Ying 2011 Technical Reports").