Silvercorp Metals (NYSE:SVM) reports a significant gain in measured and indicated mineral resources at the Ying Silver-Lead-Zinc Mining District in Henan Province, China.
Mineral resources totaled 14M metric tons, up 52% Y/Y, containing 107M oz. silver, 43.8K oz. gold, 512.2K metric tons lead, and 172.6K metric tons zinc.
SVM says the Ying mine complex is a viable operation with a projected mine life through to 2030, based on proven and probable reserves.