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
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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.
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