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Silvercorp Metals Inc.

03:23 PM EST - Silvercorp Metals Inc. : reported the gold assay results from the first eight underground drill holes at its newly acquired, 70% owned BYP Gold-Lead-Zinc Project in Hunan Prince, Central China. ZK16-107 intercepted 69.5 m of 5 grams per tonne (g/t) gold (Au), including 7.21 m of 10.68 g/t Au; ZK1702 intercepted 24.58 m of 5.55 g/t Au, including 10.23 m of 7.34 g/t Au; ZK1703 intercepted 33.15 m of 4.34 g/t Au, including 14.83 m of 7.19 g/t Au. Silvercorp Metals Inc. shares T.SVM are trading down $1.14 at $10.27.