09:59 AM EST - Silvercorp Metals Inc. : reported results from the underground tunneling component of its 2012 exploration program at the GC silver-lead-zinc project located in Guangdong Province, China. The GC project is in final mine development phase and is anticipated to commence initial production in early 2013. Crosscut Tunnel TX50-19CM, driven southwards from the exploration ramp along exploration line 19 on level 50m, has intercepted: 1.97 metres of V9W-1 grading 1,067 grams per tonne ("g/t") silver ("Ag"), 1.94% lead ("Pb"), and 6.05% zinc ("Zn"); and 2.32m of vein V9W-2 grading 626 g/t Ag, 0.47% Pb and 0.83% Zn, including an interval of 0.75m grading 1,229 g/t Ag, 1.17% Pb and 1.14% Zn; Silvercorp Metals Inc.
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