Silvercorp Metals Reported High-grade Silver-lead Intercepts From Its Ongoing Diamond Drilling Program At The SGX Mine In The Ying Mining District, China
Portfolio Pulse from Charles Gross
Silvercorp Metals Inc. (TSX:SVM) (NYSE:SVM) has reported high-grade silver-lead intercepts from its ongoing diamond drilling program at the SGX mine in the Ying Mining District, China. From January 1, 2022, to June 15, 2023, a total of 88,194 m in 488 diamond drill holes were completed at the SGX mine. Assay results for 483 holes have been received, with 280 holes intercepting mineralization.
July 05, 2023 | 9:10 pm
News sentiment analysis
Sort by:
Ascending
POSITIVE IMPACT
Silvercorp Metals' successful drilling program at the SGX mine could potentially increase the company's silver-lead reserves, which may positively impact its stock price.
The successful drilling program indicates a potential increase in Silvercorp's silver-lead reserves. This could lead to increased production and revenues in the future, which would likely be viewed positively by investors and could drive up the company's stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100