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Silvercorp Metals Inc.

12:11 PM EST - Silvercorp Metals Inc. : provided the drilling results from the 2010 drill program on the Silvertip silver-zinc-lead (Ag-Zn-Pb) project in Northern British Columbia. This drill program focused on extensions to the east and south of the main ore body where 21 historic drill holes yielded significant silver, lead and zinc. The Resource Estimate completed in March 2010 did not include results from these historic holes due to their wide spacing. The 2010 Drill program was successful defining and upgrading the silver-lead-zinc resources to ensure they will be included in and will increase the new resource estimate which is currently underway. Silvercorp Metals Inc. shares T.SVM are trading down $0.03 at $12.63.