Silvercorp Metals Inc. (TSX: SVM) (NYSE American: SVM) is pleased to report assay results from its ongoing drilling program at the LMW mine within the Ying Mining District in China. From October 1, 2021 to September 30, 2022, a total of 56,803 metres in 416 diamond drill holes, including 372 underground holes and 44 surface holes, were completed at the LMW mine. Assay results for 378 holes have been received and selected results are presented in Table 1 below. Currently, two surface and eight underground rigs are drilling at the LMW mine.
The assay results released here have not been included in the most recent “MINERAL RESERVES AND RESOURCES” update with a cut-off date of December 31, 2021 (see news release dated September 21, 2022).
1) New Discovery of High-Grade Silver-Lead-Zinc Veins at the West of LMW Outside Current Mining Areas
Drilling at the west side of LMW, where there has been no previous mining activity, intersected new high-grade silver-lead-zinc veins, including W1, W2, W2W, W6, W6E, W6W, and W18. Among these, veins W2, W1 and W18 may have lengths of over 800 m along strike and 400 m down-dip from 1100 m to 700 m elevation. To pursue this new discovery, the Company has started to develop two new horizontal tunnels from surface at 1040 m and 988 m elevations, and a new branch off-ramp from 800 m to 700 m elevations to access these veins.
Highlights of these new discovery holes are as follows:
2) Drilling of Low Angle Gold-Copper-Silver Veins Further Improved Continuity of Mineralization
Drilling of the low angle copper-gold-silver veins of LM21, LM22, LM26 and LM50 was designed to better understand this new type of mineralization which is strongly altered by silicification, with less obvious contact with host rocks of Archean granitic gneisses. The lower angle copper-gold structures were also offset slightly by sub-vertical north-west and north-east trending silver-lead veins which have been the focus of mining production at LMW. With the drilling program designed to expand gold-copper structures, and with better understanding, the Company is learning how to mine these low angle gold-copper bodies.
Highlights of the intercepts from the low angle gold veins at the LMW mine:
3) Drilling Above or Beneath Previously Mined Stopes
Most holes in this period targeted blocks of known silver-lead-zinc veins in the production areas that were previously missed due to limited drilling or tunneling, changes in the strikes and dips, and/or pinch-swelling of the pay-zones in the veins. The high-grade intercepts are mainly associated with the southwest-striking LM7 series, LM12 series and LM17 series of veins, and the northwest-striking LM8 series, LM19 and LM20E.
Highlights of the high-grade silver-lead-zinc mineralization in the production areas:
4) Drilling Intersected High-Grade Silver-Lead-Zinc Veins and a New Gold Structure at the East Side of the Resource Area
At the east side of the resource area, drilling intersected high-grade silver-lead-zinc vein LM41E and the parallel silver-lead-zinc veins LM41E1 and LM41E1Wa with true widths up to 2.40 m.
While drilling these LM41 series high grade silver-lead-zinc veins, a new gently dipping gold vein has been discovered with three drill holes, ZKX10944, ZKX10735, and ZKX10739 intercepting high grade gold, which are approximately 450 m east of those intercepts on the LM50 gold structure.
Highlights of the high-grade silver-lead-zinc mineralization at the northwest and east sides of the LMW mine:
Table 1: Selected intercepts from the 2022 drilling program at the LMW mine
Hole ID | From (m) |
To (m) |
Elevation (m) |
Interval (m) |
True Width (m) |
Ag (g/t) |
Pb (%) |
Zn (%) |
Au (g/t) |
Cu (%) |
Vein | Ore Type |
High-Grade Silver-Lead-Zinc Veins at the West of LMW Outside Current Mining Areas | ||||||||||||
ZKX0432 | 185.86 | 186.97 | 787 | 1.11 | 0.75 | 323 | 0.75 | 0.86 | 0.03 | 0.06 | W1 | Ag-Pb-Zn |
ZKX0438 | 144.83 | 145.86 | 862 | 1.03 | 0.96 | 315 | 1.83 | 0.22 | 0.05 | 0.03 | W1 | Ag-Pb-Zn |
ZKX0460 | 161.61 | 163.12 | 849 | 1.51 | 1.12 | 217 | 6.49 | 0.19 | 0.03 | 0.03 | W1 | Ag-Pb-Zn |
ZKX0463 | 171.36 | 173.68 | 817 | 2.32 | 1.91 | 510 | 4.26 | 2.25 | 0.07 | 0.12 | W1 | Ag-Pb-Zn |
ZKX0636 | 146.74 | 147.92 | 963 | 1.18 | 0.91 | 2,511 | 3.45 | 1.01 | 0.05 | 0.38 | W1 | Ag-Pb-Zn |
ZKX0815 | 142.93 | 143.64 | 985 | 0.71 | 0.49 | 73 | 12.84 | 0.07 | 0.05 | 0.02 | W1 | Ag-Pb-Zn |
ZKX0819 | 18.49 | 21.56 | 1,082 | 3.07 | 2.17 | 178 | 1.00 | 0.04 | 0.01 | 0.06 | W1 | Ag-Pb-Zn |
ZKX0820 | 21.73 | 24.45 | 1,077 | 2.72 | 1.64 | 706 | 1.02 | 0.12 | 0.05 | 0.26 | W1 | Ag-Pb-Zn |
ZKX1005 | 53.60 | 54.58 | 897 | 0.98 | 0.95 | 381 | 5.30 | 0.13 | 0.05 | 0.04 | W1 | Ag-Pb-Zn |
ZKX14213 | 120.64 | 121.77 | 911 | 1.13 | 0.70 | 396 | 0.39 | 0.06 | 0.05 | 0.03 | W1 | Ag-Pb-Zn |
ZKX0815 | 137.63 | 138.40 | 988 | 0.77 | 0.53 | 1,891 | 1.78 | 0.84 | 0.05 | 0.31 | W18 | Ag-Pb-Zn |
ZKX14214 | 139.43 | 146.01 | 1,039 | 6.58 | 1.19 | 646 | 3.12 | 0.30 | 0.05 | 0.16 | W18 | Ag-Pb-Zn |
ZKX0819 | 61.43 | 61.93 | 1,049 | 0.50 | 0.35 | 1,212 | 1.27 | 0.49 | 0.01 | 0.49 | W18E | Ag-Pb-Zn |
ZKX0817 | 4.20 | 5.12 | 1,095 | 0.92 | 0.79 | 300 | 0.50 | 0.03 | 0.05 | 0.08 | W1E | Ag-Pb-Zn |
ZKX0818 | 69.16 | 70.07 | 1,055 | 0.91 | 0.80 | 539 | 0.33 | 0.18 | 0.05 | 0.08 | W1E | Ag-Pb-Zn |
ZKX0819 | 84.20 | 85.62 | 1,031 | 1.42 | 1.02 | 198 | 0.32 | 0.06 | 0.01 | 0.04 | W1E | Ag-Pb-Zn |
ZKX0650 | 105.92 | 106.52 | 993 | 0.60 | 0.32 | 1 | 0.01 | 0.01 | 7.13 | 0.09 | W1E2 | Ag-Pb-Zn |
ZKX0450 | 69.19 | 71.38 | 1,031 | 2.19 | 1.36 | 1,216 | 6.77 | 0.61 | 0.05 | 0.18 | W2 | Ag-Pb-Zn |
ZKX0465 | 58.47 | 60.69 | 1,041 | 2.22 | 1.26 | 831 | 2.70 | 0.26 | 0.02 | 0.29 | W2 | Ag-Pb-Zn |
ZKX0636 | 103.95 | 104.67 | 993 | 0.72 | 0.56 | 667 | 0.56 | 0.27 | 2.61 | 0.38 | W2 | Ag-Pb-Zn |
ZKX0650 | 64.26 | 65.46 | 1,022 | 1.20 | 0.64 | 256 | 0.47 | 0.16 | 0.01 | 0.03 | W2 | Ag-Pb-Zn |
ZKX0651 | 69.77 | 70.70 | 1,052 | 0.93 | 0.54 | 1,537 | 0.60 | 0.15 | 0.03 | 0.34 | W2 | Ag-Pb-Zn |
ZKX0818 | 84.14 | 87.32 | 1,045 | 3.18 | 2.82 | 2,238 | 5.90 | 0.61 | 0.07 | 0.36 | W2 | Ag-Pb-Zn |
ZKX0819 | 118.25 | 119.25 | 1,005 | 1.00 | 0.72 | 1,622 | 1.96 | 0.20 | 0.01 | 0.04 | W2 | Ag-Pb-Zn |
ZKX0039 | 126.57 | 127.39 | 879 | 0.82 | 0.77 | 80 | 4.30 | 2.75 | 0.03 | 0.01 | W6 | Ag-Pb-Zn |
ZKX0046 | 132.12 | 133.44 | 817 | 1.32 | 0.75 | 73 | 6.62 | 0.39 | 0.05 | 0.01 | W6 | Ag-Pb-Zn |
ZKX0431 | 198.49 | 199.92 | 825 | 1.43 | 1.18 | 471 | 1.04 | 0.36 | 0.05 | 0.19 | W6 | Ag-Pb-Zn |
ZKX0454 | 175.59 | 176.32 | 861 | 0.73 | 0.66 | 367 | 5.75 | 1.21 | 0.21 | 0.04 | W6 | Ag-Pb-Zn |
ZKX14005 | 141.48 | 142.40 | 924 | 0.92 | 0.87 | 307 | 2.37 | 0.32 | 0.05 | 0.10 | W6 | Ag-Pb-Zn |
ZKX14404 | 104.79 | 106.35 | 893 | 1.56 | 1.56 | 150 | 2.34 | 1.22 | 0.05 | 0.03 | W6 | Ag-Pb-Zn |
ZKX0454 | 186.46 | 187.85 | 856 | 1.39 | 1.25 | 398 | 0.81 | 0.16 | 0.05 | 0.03 | W6E | Ag-Pb-Zn |
ZKX0454 | 243.14 | 243.74 | 832 | 0.60 | 0.54 | 52 | 10.14 | 0.39 | 0.05 | 0.00 | W6E2 | Ag-Pb-Zn |
ZKX0438 | 100.57 | 101.58 | 884 | 1.01 | 0.94 | 43 | 1.12 | 0.22 | 1.74 | 0.02 | W6W | Ag-Pb-Zn |
ZKX0439 | 98.03 | 98.78 | 910 | 0.75 | 0.74 | 483 | 3.22 | 0.95 | 0.05 | 0.12 | W6W | Ag-Pb-Zn |
ZKX0634 | 56.04 | 60.07 | 1,031 | 4.03 | 3.43 | 970 | 16.20 | 0.60 | 0.10 | 0.29 | W6W | Ag-Pb-Zn |
ZKX13630 | 137.23 | 137.74 | 1,014 | 0.51 | 0.45 | 1,077 | 4.84 | 0.48 | 0.02 | 0.54 | W6W | Ag-Pb-Zn |
Low Angle Gold-Copper-Silver Veins | ||||||||||||
ZKX0082 | 292.17 | 293.61 | 878 | 1.44 | 0.76 | 73 | 0.54 | 0.52 | 13.06 | 1.70 | LM22 | Au-Ag-Cu |
ZKX05X096 | 77.81 | 78.32 | 848 | 0.51 | 0.38 | 2 | 0.01 | 0.02 | 32.50 | 0.05 | LM22 | Au-Ag-Cu |
ZKX05X097 | 84.82 | 85.77 | 855 | 0.95 | 0.72 | 37 | 0.00 | 0.03 | 1.63 | 7.39 | LM22 | Au-Ag-Cu |
ZKX05X098 | 76.67 | 77.44 | 850 | 0.77 | 0.70 | 10 | 0.00 | 0.01 | 29.00 | 1.21 | LM22 | Au-Ag-Cu |
ZKX05X100 | 76.16 | 77.14 | 845 | 0.98 | 0.70 | 1 | 0.00 | 0.01 | 3.40 | 0.14 | LM22 | Au-Ag-Cu |
ZKX0+A3:U198390 | 60.86 | 61.63 | 640 | 0.77 | 0.58 | 37 | 0.01 | 0.03 | 0.92 | 5.43 | LM26 | Au-Ag-Cu |
ZKX0188 | 16.94 | 17.97 | 737 | 1.03 | 0.97 | 4 | 0.00 | 0.01 | 2.88 | 0.00 | LM26 | Au-Ag-Cu |
ZKX0191 | 86.24 | 89.04 | 662 | 2.80 | 1.64 | 37 | 0.07 | 0.01 | 3.21 | 0.29 | LM26 | Au-Ag-Cu |
ZKX03X021 | 98.88 | 105.91 | 602 | 7.03 | 5.39 | 2,896 | 0.15 | 0.12 | 0.17 | 2.58 | LM26 | Au-Ag-Cu |
ZKX11046 | 43.05 | 43.92 | 668 | 0.87 | 0.73 | 214 | 1.34 | 0.11 | 0.03 | 0.02 | LM26 | Ag-Pb-Zn |
ZKX11223 | 44.84 | 51.41 | 670 | 6.57 | 3.20 | 1780 | 16.71 | 0.69 | 1.23 | 0.23 | LM26 | Au-Cu-Ag |
ZKX11238 | 44.05 | 53.59 | 670 | 9.54 | 3.37 | 1,323 | 7.45 | 0.55 | 0.98 | 0.32 | LM26 | Au-Ag-Cu |
ZKX0251 | 20.25 | 22.01 | 784 | 1.76 | 1.20 | 140 | 3.19 | 0.29 | 1.38 | 0.12 | LM50 | Au-Ag |
ZKX0341 | 165.20 | 166.10 | 737 | 0.90 | 0.60 | 15 | 0.01 | 0.02 | 5.59 | 1.74 | LM50 | Au-Ag |
ZKX03X054 | 168.91 | 169.90 | 818 | 0.99 | 0.84 | 4 | 0.01 | 0.02 | 2.53 | 0.01 | LM50 | Au-Ag |
ZKX03X055 | 164.35 | 165.47 | 803 | 1.12 | 0.75 | 60 | 1.42 | 0.06 | 2.04 | 0.01 | LM50 | Au-Ag |
ZKX0571 | 53.42 | 55.91 | 808 | 2.49 | 2.05 | 15 | 0.03 | 0.04 | 3.63 | 0.01 | LM50 | Ag-Pb-Zn |
ZKX05X004 | 61.26 | 62.28 | 807 | 1.02 | 0.95 | 5 | 0.02 | 0.03 | 3.11 | 0.00 | LM50 | Ag-Pb-Zn |
ZKX05X007 | 68.87 | 70.20 | 791 | 1.33 | 1.17 | 1 | 0.20 | 0.03 | 2.44 | 0.00 | LM50 | Ag-Pb-Zn |
ZKX05X009 | 86.06 | 87.12 | 786 | 1.06 | 0.77 | 11 | 0.16 | 0.17 | 7.15 | 0.00 | LM50 | Ag-Pb-Zn |
ZKX05X010 | 98.40 | 99.68 | 781 | 1.28 | 0.78 | 10 | 0.40 | 0.22 | 5.63 | 0.01 | LM50 | Ag-Pb-Zn |
ZKX05X017 | 81.66 | 83.20 | 786 | 1.54 | 1.12 | 10 | 0.12 | 0.06 | 7.78 | 0.01 | LM50 | Ag-Pb-Zn |
ZKX05X078 | 14.29 | 15.22 | 789 | 0.93 | 0.61 | 12 | 0.34 | 0.08 | 3.90 | 0.01 | LM50 | Au-Ag |
ZKX05X079 | 6.45 | 10.66 | 794 | 4.21 | 3.42 | 11 | 0.38 | 0.13 | 6.36 | 0.00 | LM50 | Au-Ag |
ZKX0727 | 73.32 | 74.30 | 804 | 0.98 | 0.74 | 26 | 0.13 | 0.17 | 6.71 | 0.00 | LM50 | Ag-Pb-Zn |
ZKX0780 | 100.97 | 102.20 | 797 | 1.23 | 0.52 | 20 | 0.31 | 0.48 | 4.21 | 0.01 | LM50 | Ag-Pb-Zn |
ZKX07X002 | 26.14 | 28.50 | 788 | 2.36 | 2.28 | 24 | 0.78 | 0.12 | 5.51 | 0.03 | LM50 | Au-Ag |
ZKX07X003 | 22.58 | 23.64 | 786 | 1.06 | 1.00 | 140 | 3.40 | 0.30 | 5.65 | 0.06 | LM50 | Au-Ag |
ZKX07X021 | 17.26 | 18.27 | 791 | 1.01 | 0.65 | 15 | 0.16 | 0.32 | 19.20 | 0.00 | LM50 | Au-Ag |
ZKX07X025 | 18.44 | 20.06 | 792 | 1.62 | 1.16 | 23 | 0.10 | 0.13 | 4.04 | 0.00 | LM50 | Au-Ag |
ZKX07X031 | 2.93 | 11.03 | 799 | 8.10 | 4.06 | 674 | 1.28 | 0.21 | 1.26 | 0.09 | LM50 | Au-Ag |
ZKX07X032 | 6.10 | 11.64 | 796 | 5.54 | 3.78 | 224 | 2.28 | 0.33 | 1.54 | 0.10 | LM50 | Au-Ag |
ZKX07X033 | 19.74 | 20.78 | 789 | 1.04 | 0.28 | 3 | 0.17 | 0.15 | 11.05 | 0.01 | LM50 | Au-Ag |
ZKX07X034 | 12.30 | 13.54 | 791 | 1.24 | 0.80 | 9 | 0.08 | 0.03 | 2.65 | 0.01 | LM50 | Au-Ag |
ZKX07X082 | 83.96 | 84.77 | 793 | 0.81 | 0.60 | 13 | 0.37 | 0.24 | 6.24 | 0.01 | LM50 | Ag-Pb-Zn |
ZKX0996 | 4.16 | 12.75 | 804 | 8.59 | 2.43 | 412 | 2.33 | 0.19 | 0.42 | 0.24 | LM50 | Au-Ag |
ZKX0999 | 7.72 | 18.38 | 803 | 10.66 | 3.78 | 492 | 1.06 | 0.20 | 2.88 | 0.16 | LM50 | Au-Ag |
ZKX09X018 | 8.92 | 10.23 | 792 | 1.31 | 1.11 | 3 | 0.10 | 0.01 | 4.43 | 0.01 | LM50 | Au-Ag |
ZKX1172 | 3.11 | 6.14 | 800 | 3.03 | 2.26 | 155 | 2.59 | 0.07 | 3.02 | 0.08 | LM50 | Au-Ag |
ZKX1173 | 0.49 | 1.61 | 801 | 1.12 | 0.78 | 105 | 2.38 | 0.12 | 1.38 | 0.08 | LM50 | Au-Ag |
ZKX1175 | 2.28 | 5.78 | 800 | 3.50 | 1.30 | 158 | 2.90 | 0.12 | 0.18 | 0.07 | LM50 | Au-Ag |
Veins Above or Beneath Previously Mined Stopes | ||||||||||||
ZKX05X097 | 111.01 | 112.28 | 838 | 1.27 | 0.96 | 276 | 0.63 | 0.17 | 0.06 | 0.02 | LM10W1 | Ag-Pb-Zn |
ZKX05X119 | 59.35 | 59.80 | 700 | 0.45 | 0.38 | 2,894 | 3.65 | 2.36 | 0.30 | 0.49 | LM11E | Ag-Pb-Zn |
ZKX0087 | 72.59 | 74.87 | 982 | 2.28 | 1.85 | 177 | 3.58 | 1.44 | 0.02 | 0.08 | LM12 | Ag-Pb-Zn |
ZKX0343 | 27.05 | 27.62 | 578 | 0.57 | 0.53 | 645 | 4.95 | 0.45 | 0.02 | 0.05 | LM12 | Ag-Pb-Zn |
ZKX11046 | 64.36 | 67.97 | 654 | 3.61 | 1.24 | 2,394 | 5.11 | 0.84 | 0.12 | 0.19 | LM12_1 | Ag-Pb-Zn |
ZKX11442 | 128.77 | 129.59 | 514 | 0.82 | 0.70 | 366 | 9.08 | 0.06 | 0.05 | 0.02 | LM12_1 | Ag-Pb-Zn |
ZKX11225 | 16.50 | 17.02 | 690 | 0.52 | 0.38 | 657 | 3.49 | 0.06 | 0.17 | 0.08 | LM12_2 | Ag-Pb-Zn |
ZKX0198 | 122.51 | 124.07 | 896 | 1.56 | 1.38 | 947 | 1.08 | 0.62 | 0.05 | 0.39 | LM12_2a | Ag-Pb-Zn |
ZKX11223 | 23.89 | 35.12 | 684 | 11.23 | 2.6 | 302 | 2.66 | 0.27 | 0.06 | 0.06 | LM12_2a | Ag-Pb-Zn |
ZKX0199 | 100.62 | 103.07 | 922 | 2.45 | 1.66 | 212 | 3.04 | 0.09 | 0.07 | 0.01 | LM12_3 | Ag-Pb-Zn |
ZKX01X016 | 93.15 | 94.07 | 906 | 0.92 | 0.58 | 305 | 2.10 | 0.10 | 0.00 | 0.19 | LM12_3 | Ag-Pb-Zn |
ZKX11026 | 68.98 | 69.65 | 659 | 0.67 | 0.50 | 331 | 9.91 | 0.02 | 0.16 | 0.11 | LM12a | Ag-Pb-Zn |
ZKX0342 | 59.11 | 59.76 | 580 | 0.65 | 0.57 | 343 | 2.12 | 0.11 | 0.02 | 0.02 | LM12E | Ag-Pb-Zn |
ZKX0733 | 142.98 | 144.44 | 645 | 1.46 | 1.37 | 4,549 | 1.19 | 0.24 | 0.49 | 0.10 | LM12E | Ag-Pb-Zn |
ZKX09X003 | 30.13 | 31.03 | 577 | 0.90 | 0.86 | 231 | 10.27 | 0.78 | 0.02 | 0.53 | LM12E | Ag-Pb-Zn |
ZKX11024 | 97.67 | 98.72 | 631 | 1.05 | 0.74 | 294 | 0.41 | 0.18 | 0.03 | 0.01 | LM12E | Ag-Pb-Zn |
ZKX11026 | 89.38 | 90.79 | 648 | 1.41 | 1.05 | 1,270 | 2.06 | 0.44 | 0.18 | 0.06 | LM12E | Ag-Pb-Zn |
ZKX0198 | 60.64 | 63.57 | 912 | 2.93 | 2.59 | 909 | 0.33 | 0.39 | 0.05 | 0.50 | LM13 | Ag-Pb-Zn |
ZKX11602 | 38.65 | 40.41 | 585 | 1.76 | 1.72 | 54 | 6.19 | 0.05 | 0.02 | 0.02 | LM13 | Ag-Pb-Zn |
ZKX0097 | 122.72 | 123.65 | 927 | 0.93 | 0.76 | 143 | 2.21 | 0.19 | 0.02 | 0.16 | LM13W | Ag-Pb-Zn |
ZKX03X022 | 15.31 | 16.10 | 688 | 0.79 | 0.76 | 176 | 5.93 | 0.03 | 0.02 | 0.01 | LM13W | Ag-Pb-Zn |
ZKX03X058 | 52.84 | 53.82 | 942 | 0.98 | 0.82 | 315 | 2.21 | 0.63 | 0.00 | 0.07 | LM13W | Ag-Pb-Zn |
ZKX03X059 | 48.58 | 49.19 | 947 | 0.61 | 0.41 | 4,558 | 1.54 | 0.26 | 0.06 | 0.49 | LM13W | Ag-Pb-Zn |
ZKX0637 | 87.27 | 88.15 | 926 | 0.88 | 0.77 | 181 | 0.97 | 0.05 | 0.02 | 0.18 | LM13W | Ag-Pb-Zn |
ZKX11436 | 112.66 | 113.67 | 541 | 1.01 | 0.94 | 1,421 | 1.90 | 0.10 | 0.05 | 0.03 | LM14 | Ag-Pb-Zn |
ZKX11436 | 127.73 | 128.49 | 533 | 0.76 | 0.70 | 238 | 1.53 | 0.07 | 0.01 | 0.02 | LM14_1 | Ag-Pb-Zn |
ZKX3214 | 49.27 | 50.35 | 714 | 1.08 | 0.54 | 991 | 9.38 | 0.70 | 0.04 | 0.72 | LM16_1 | Ag-Pb-Zn |
ZKX0755 | 232.70 | 233.97 | 999 | 1.27 | 1.19 | 126 | 5.01 | 0.20 | 0.03 | 0.02 | LM17 | Ag-Pb-Zn |
ZKX0773 | 129.58 | 132.05 | 682 | 2.47 | 1.88 | 382 | 0.69 | 0.48 | 0.05 | 0.03 | LM17 | Ag-Pb-Zn |
ZKX07X054 | 92.00 | 93.03 | 748 | 1.03 | 1.00 | 163 | 11.26 | 0.17 | 0.05 | 0.02 | LM17 | Ag-Pb-Zn |
ZKX07X058 | 131.16 | 132.62 | 682 | 1.46 | 1.16 | 269 | 0.70 | 0.19 | 0.02 | 0.02 | LM17 | Ag-Pb-Zn |
ZKX1166 | 126.39 | 127.37 | 745 | 0.98 | 0.88 | 421 | 1.39 | 0.44 | 0.05 | 0.08 | LM17 | Ag-Pb-Zn |
ZKX1169 | 330.70 | 334.88 | 983 | 4.18 | 0.94 | 284 | 10.42 | 0.76 | 0.06 | 0.06 | LM17 | Ag-Pb-Zn |
ZKX1343 | 143.16 | 148.20 | 778 | 5.04 | 2.78 | 225 | 1.77 | 0.35 | 0.05 | 0.03 | LM17 | Ag-Pb-Zn |
ZKX05X113 | 73.34 | 74.68 | 773 | 1.34 | 1.32 | 1,823 | 6.62 | 6.64 | 0.05 | 0.40 | LM17a | Ag-Pb-Zn |
ZKX07X058 | 122.27 | 125.76 | 691 | 3.49 | 2.78 | 323 | 1.96 | 0.28 | 0.02 | 0.12 | LM17a | Ag-Pb-Zn |
ZKX09X007 | 97.42 | 99.21 | 762 | 1.79 | 1.75 | 573 | 0.29 | 0.08 | 0.05 | 0.28 | LM17a | Ag-Pb-Zn |
ZKX1343 | 129.52 | 130.48 | 780 | 0.96 | 0.80 | 314 | 6.53 | 0.13 | 0.05 | 0.05 | LM17a | Ag-Pb-Zn |
ZKX07X058 | 97.56 | 99.63 | 713 | 2.07 | 1.65 | 90 | 7.38 | 0.17 | 0.02 | 0.08 | LM17W | Ag-Pb-Zn |
ZKX0978 | 195.61 | 196.31 | 1,067 | 0.70 | 0.65 | 852 | 0.17 | 0.37 | 0.05 | 0.35 | LM17W | Ag-Pb-Zn |
ZKX10948 | 191.52 | 192.06 | 762 | 0.54 | 0.43 | 278 | 2.77 | 0.16 | 0.08 | 0.03 | LM17W | Ag-Pb-Zn |
ZKX1187 | 109.39 | 110.30 | 773 | 0.91 | 0.49 | 309 | 0.51 | 0.08 | 0.02 | 0.18 | LM17W | Ag-Pb-Zn |
ZKX3214 | 138.14 | 139.46 | 682 | 1.32 | 1.28 | 43 | 4.45 | 0.35 | 0.02 | 0.01 | LM17W | Ag-Pb-Zn |
ZKX0755 | 152.87 | 154.27 | 1,034 | 1.40 | 1.31 | 223 | 0.06 | 0.08 | 0.03 | 0.06 | LM17W2 | Ag-Pb-Zn |
ZKX07X053 | 12.30 | 13.59 | 802 | 1.29 | 1.23 | 1,050 | 1.25 | 0.60 | 0.05 | 0.15 | LM17W2 | Ag-Pb-Zn |
ZKX0954 | 152.84 | 153.44 | 1,062 | 0.60 | 0.60 | 237 | 0.36 | 0.16 | 0.05 | 0.09 | LM17W2 | Ag-Pb-Zn |
ZKX0955 | 199.62 | 200.15 | 925 | 0.53 | 0.41 | 2,449 | 1.10 | 0.48 | 0.02 | 0.21 | LM17W2 | Ag-Pb-Zn |
ZKX09X008 | 156.15 | 157.72 | 1,044 | 1.57 | 1.14 | 293 | 0.13 | 0.07 | 0.05 | 0.02 | LM17W2 | Ag-Pb-Zn |
ZKX09X053 | 165.35 | 166.04 | 1,090 | 0.69 | 0.67 | 296 | 1.65 | 0.33 | 0.05 | 0.19 | LM17W2 | Ag-Pb-Zn |
ZKX1167 | 4.83 | 5.88 | 802 | 1.05 | 1.05 | 531 | 0.62 | 0.42 | 0.05 | 0.03 | LM17W2 | Ag-Pb-Zn |
ZKX0058 | 38.87 | 39.49 | 778 | 0.62 | 0.62 | 235 | 0.86 | 0.12 | 0.02 | 0.05 | LM19 | Ag-Pb-Zn |
ZKX0059 | 46.56 | 47.65 | 787 | 1.09 | 0.99 | 227 | 0.16 | 0.02 | 0.05 | 0.01 | LM19 | Ag-Pb-Zn |
ZKX0090 | 69.68 | 70.28 | 941 | 0.60 | 0.48 | 594 | 0.81 | 0.03 | 0.03 | 0.10 | LM19 | Ag-Pb-Zn |
ZKX0251 | 4.40 | 7.20 | 797 | 2.80 | 1.91 | 180 | 0.65 | 0.08 | 0.05 | 0.03 | LM19 | Ag-Pb-Zn |
ZKX0258 | 97.88 | 99.34 | 929 | 1.46 | 0.89 | 191 | 3.89 | 0.31 | 0.02 | 0.06 | LM19 | Ag-Pb-Zn |
ZKX03X058 | 16.42 | 17.25 | 968 | 0.83 | 0.65 | 173 | 1.73 | 0.17 | 0.01 | 0.01 | LM19 | Ag-Pb-Zn |
ZKX10213 | 71.19 | 72.62 | 956 | 1.43 | 1.21 | 456 | 0.08 | 0.05 | 0.05 | 0.05 | LM19 | Ag-Pb-Zn |
ZKX0231 | 46.09 | 46.79 | 940 | 0.70 | 0.64 | 379 | 1.30 | 0.03 | 0.05 | 0.10 | LM19a | Ag-Pb-Zn |
ZKX00X003 | 18.00 | 21.13 | 925 | 3.13 | 3.02 | 494 | 3.57 | 0.22 | 0.04 | 0.19 | LM19E | Ag-Pb-Zn |
ZKX0343 | 6.51 | 7.02 | 593 | 0.51 | 1.10 | 148 | 6.52 | 0.33 | 0.02 | 0.04 | LM19E | Ag-Pb-Zn |
ZKX0190 | 29.43 | 29.97 | 686 | 0.54 | 0.53 | 369 | 11.19 | 0.14 | 0.07 | 0.09 | LM19W | Ag-Pb-Zn |
ZKX03X022 | 10.76 | 11.88 | 691 | 1.12 | 1.07 | 400 | 0.39 | 0.14 | 0.23 | 0.23 | LM19W | Ag-Pb-Zn |
ZKX0552 | 24.22 | 25.35 | 743 | 1.13 | 1.12 | 223 | 0.93 | 0.16 | 0.02 | 0.06 | LM19Wa | Ag-Pb-Zn |
ZKX05X119 | 34.25 | 34.79 | 721 | 0.54 | 0.45 | 2,153 | 2.50 | 0.26 | 0.05 | 0.75 | LM19Wa | Ag-Pb-Zn |
ZKX11021 | 141.58 | 142.21 | 605 | 0.63 | 0.39 | 1,393 | 10.40 | 0.34 | 0.78 | 0.54 | LM20 | Ag-Pb-Zn |
ZKX03X026 | 50.24 | 52.73 | 777 | 2.49 | 2.47 | 199 | 5.20 | 0.62 | 13.37 | 0.06 | LM20E | Ag-Pb-Zn |
ZKX05X077 | 37.90 | 38.41 | 776 | 0.51 | 0.50 | 373 | 1.64 | 0.07 | 0.02 | 0.04 | LM20E | Ag-Pb-Zn |
ZKX09X006 | 37.96 | 43.60 | 593 | 5.64 | 4.86 | 247 | 3.26 | 0.47 | 0.02 | 0.05 | LM20E | Ag-Pb-Zn |
ZKX0258 | 197.39 | 200.72 | 884 | 3.33 | 1.98 | 3 | 0.01 | 0.01 | 4.15 | 0.01 | LM21 | Ag-Pb-Zn |
ZKX05X080 | 43.10 | 44.31 | 761 | 1.21 | 1.04 | 3 | 0.01 | 0.01 | 8.53 | 0.01 | LM21 | Ag-Pb-Zn |
ZKX09X056 | 61.23 | 62.44 | 728 | 1.21 | 1.15 | 376 | 0.40 | 0.06 | 0.02 | 0.12 | LM21 | Ag-Pb-Zn |
ZKX11436 | 42.56 | 43.78 | 576 | 1.22 | 1.13 | 122 | 2.14 | 0.10 | 0.02 | 0.02 | LM32 | Ag-Pb-Zn |
ZKX11409 | 64.36 | 65.01 | 580 | 0.65 | 0.56 | 300 | 4.08 | 0.08 | 0.05 | 0.08 | LM32E1 | Ag-Pb-Zn |
ZKX11411 | 60.71 | 61.73 | 575 | 1.02 | 0.94 | 271 | 0.17 | 0.13 | 0.18 | 0.04 | LM32E1 | Ag-Pb-Zn |
ZKX11612 | 74.12 | 74.62 | 565 | 0.50 | 0.39 | 225 | 4.66 | 0.26 | 0.01 | 0.04 | LM33 | Ag-Pb-Zn |
ZKX0053 | 18.20 | 26.24 | 785 | 8.04 | 6.75 | 210 | 3.23 | 0.14 | 0.42 | 0.35 | LM7 | Ag-Pb-Zn |
ZKX0055 | 35.28 | 36.46 | 775 | 1.18 | 1.12 | 181 | 1.18 | 0.08 | 0.05 | 0.03 | LM7 | Ag-Pb-Zn |
ZKX0077 | 32.13 | 33.11 | 788 | 0.98 | 0.95 | 90 | 0.31 | 1.52 | 2.02 | 1.70 | LM7 | Ag-Pb-Zn |
ZKX0089 | 146.99 | 148.45 | 938 | 1.46 | 1.06 | 145 | 3.04 | 0.01 | 0.02 | 0.01 | LM7 | Ag-Pb-Zn |
ZKX0229 | 139.75 | 140.69 | 929 | 0.94 | 0.80 | 641 | 1.66 | 0.10 | 0.05 | 0.06 | LM7 | Ag-Pb-Zn |
ZKX03X014 | 156.63 | 157.93 | 911 | 1.30 | 1.05 | 477 | 1.12 | 0.03 | 0.13 | 0.14 | LM7 | Ag-Pb-Zn |
ZKX03X015 | 130.12 | 131.12 | 875 | 1.00 | 0.91 | 948 | 0.66 | 0.09 | 0.05 | 0.17 | LM7 | Ag-Pb-Zn |
ZKX05X075 | 107.56 | 111.72 | 764 | 4.16 | 3.72 | 360 | 1.75 | 0.59 | 9.15 | 0.24 | LM7 | Ag-Pb-Zn |
ZKX05X080 | 112.84 | 113.82 | 698 | 0.98 | 0.85 | 248 | 0.98 | 0.04 | 0.02 | 0.02 | LM7 | Ag-Pb-Zn |
ZKX07X003 | 34.16 | 47.47 | 778 | 13.31 | 12.80 | 365 | 0.71 | 0.13 | 0.06 | 0.33 | LM7 | Ag-Pb-Zn |
ZKX07X030 | 60.65 | 64.80 | 774 | 4.15 | 3.79 | 447 | 0.63 | 0.05 | 0.02 | 0.13 | LM7 | Ag-Pb-Zn |
ZKX07X073 | 98.47 | 104.92 | 721 | 6.45 | 5.95 | 291 | 3.88 | 0.14 | 0.02 | 0.11 | LM7 | Ag-Pb-Zn |
ZKX1180 | 94.00 | 96.56 | 678 | 2.56 | 2.25 | 169 | 1.29 | 0.08 | 0.02 | 0.57 | LM7 | Ag-Pb-Zn |
ZKX03X016 | 111.91 | 113.12 | 869 | 1.21 | 1.13 | 434 | 0.37 | 0.04 | 0.05 | 0.06 | LM7a | Ag-Pb-Zn |
ZKX0148 | 127.40 | 128.25 | 512 | 0.85 | 0.69 | 164 | 3.71 | 0.06 | 0.02 | 0.05 | LM7E | Ag-Pb-Zn |
ZKX0058 | 50.75 | 54.15 | 771 | 3.40 | 3.39 | 1,181 | 2.49 | 0.24 | 0.12 | 0.21 | LM7W | Ag-Pb-Zn |
ZKX0063 | 55.17 | 57.94 | 754 | 2.77 | 2.59 | 1,025 | 1.16 | 0.22 | 0.05 | 0.11 | LM7W | Ag-Pb-Zn |
ZKX0250 | 6.50 | 10.03 | 796 | 3.53 | 2.55 | 466 | 0.57 | 0.05 | 0.05 | 0.09 | LM7W | Ag-Pb-Zn |
ZKX07X003 | 13.45 | 17.35 | 792 | 3.90 | 3.74 | 373 | 2.66 | 0.06 | 0.20 | 0.06 | LM7W | Ag-Pb-Zn |
ZKX07X068 | 49.48 | 52.67 | 721 | 3.19 | 3.07 | 331 | 0.77 | 0.42 | 0.02 | 0.06 | LM7W | Ag-Pb-Zn |
ZKX0990 | 76.97 | 77.85 | 861 | 0.88 | 0.86 | 125 | 2.40 | 0.16 | 0.05 | 0.02 | LM7W | Ag-Pb-Zn |
ZKX09X001 | 48.36 | 54.14 | 575 | 5.78 | 5.53 | 531 | 1.06 | 0.37 | 0.02 | 0.19 | LM7W | Ag-Pb-Zn |
ZKX09X015 | 103.78 | 105.12 | 749 | 1.34 | 0.77 | 368 | 2.99 | 1.45 | 0.02 | 0.21 | LM7W | Ag-Pb-Zn |
ZKX09X027 | 57.79 | 58.59 | 720 | 0.80 | 0.80 | 356 | 0.71 | 0.54 | 0.02 | 0.02 | LM7W | Ag-Pb-Zn |
ZKX09X056 | 56.45 | 57.31 | 730 | 0.86 | 0.82 | 823 | 0.54 | 0.06 | 0.02 | 0.09 | LM7W | Ag-Pb-Zn |
ZKX09X057 | 59.00 | 61.54 | 732 | 2.54 | 2.42 | 219 | 0.81 | 0.41 | 0.02 | 0.11 | LM7W | Ag-Pb-Zn |
ZKX1513 | 62.91 | 64.29 | 718 | 1.38 | 1.02 | 218 | 0.89 | 0.82 | 0.02 | 0.02 | LM7W | Ag-Pb-Zn |
ZKX0230 | 33.80 | 34.81 | 954 | 1.01 | 0.91 | 271 | 0.54 | 0.05 | 0.10 | 0.17 | LM7W1 | Ag-Pb-Zn |
ZKX09X002 | 41.08 | 42.17 | 586 | 1.09 | 1.00 | 242 | 2.02 | 0.36 | 0.02 | 0.19 | LM7W1 | Ag-Pb-Zn |
ZKX09X056 | 40.45 | 48.27 | 736 | 7.82 | 7.43 | 250 | 0.60 | 0.07 | 0.02 | 0.04 | LM8 | Ag-Pb-Zn |
ZKX07X031 | 12.09 | 13.95 | 792 | 1.86 | 0.93 | 498 | 1.37 | 0.22 | 0.02 | 0.03 | LM8_1 | Ag-Pb-Zn |
ZKX10608 | 43.33 | 44.51 | 774 | 1.18 | 1.03 | 399 | 0.60 | 0.03 | 0.07 | 0.03 | LM8_2 | Ag-Pb-Zn |
ZKX10837 | 102.53 | 103.04 | 879 | 0.51 | 0.32 | 1,337 | 25.77 | 8.77 | 0.02 | 0.12 | LM8_4a | Ag-Pb-Zn |
ZKX11006 | 149.12 | 150.02 | 870 | 0.90 | 0.52 | 1,101 | 1.08 | 0.43 | 0.05 | 0.06 | LM8_4a | Ag-Pb-Zn |
ZKX10831 | 102.45 | 103.13 | 885 | 0.68 | 0.35 | 882 | 35.24 | 1.67 | 0.02 | 0.09 | LM8_4E | Ag-Pb-Zn |
ZKX07X028 | 41.67 | 42.82 | 734 | 1.15 | 1.09 | 181 | 23.06 | 2.03 | 0.02 | 0.01 | LM8a | Ag-Pb-Zn |
ZKX07X002 | 11.85 | 12.39 | 796 | 0.54 | 0.52 | 562 | 1.35 | 0.07 | 0.05 | 0.20 | LM8W | Ag-Pb-Zn |
ZKX07X004 | 10.33 | 11.55 | 799 | 1.22 | 1.11 | 427 | 1.73 | 0.07 | 0.02 | 0.07 | LM8W | Ag-Pb-Zn |
ZKX07X020 | 9.02 | 12.33 | 797 | 3.31 | 3.10 | 152 | 1.34 | 0.03 | 0.02 | 0.02 | LM8W | Ag-Pb-Zn |
ZKX03X040 | 6.82 | 8.00 | 907 | 1.18 | 0.73 | 404 | 0.15 | 0.16 | 0.01 | 0.03 | N/A | Ag-Pb-Zn |
ZKX0431 | 189.20 | 190.30 | 830 | 1.10 | 0.91 | 477 | 3.26 | 0.79 | 0.05 | 0.04 | N/A | Ag-Pb-Zn |
ZKX0436 | 279.65 | 280.37 | 710 | 0.72 | 0.52 | 341 | 1.23 | 0.46 | 0.09 | 0.03 | N/A | Ag-Pb-Zn |
ZKX0454 | 57.83 | 58.69 | 912 | 0.86 | 0.77 | 184 | 0.31 | 0.22 | 0.05 | 0.04 | N/A | Ag-Pb-Zn |
ZKX0749 | 203.25 | 204.74 | 917 | 1.49 | 1.07 | 850 | 0.78 | 0.46 | 0.05 | 0.51 | N/A | Ag-Pb-Zn |
ZKX07X073 | 19.19 | 20.00 | 745 | 0.81 | 0.75 | 335 | 2.23 | 0.06 | 0.02 | 0.22 | N/A | Ag-Pb-Zn |
ZKX1166 | 47.45 | 47.97 | 781 | 0.52 | 0.47 | 501 | 3.08 | 0.33 | 0.05 | 0.20 | N/A | Ag-Pb-Zn |
ZKX1343 | 41.39 | 42.41 | 796 | 1.02 | 0.85 | 206 | 1.89 | 0.21 | 0.05 | 0.06 | N/A | Ag-Pb-Zn |
High-Grade Silver-Lead-Zinc Veins and a new gold structure at theEast Side of the Resource Area | ||||||||||||
ZKX07X076 | 67.73 | 68.34 | 789 | 0.61 | 0.58 | 339 | 3.05 | 0.50 | 0.02 | 0.07 | LM41E | Ag-Pb-Zn |
ZKX09X031 | 93.91 | 94.88 | 719 | 0.97 | 0.79 | 187 | 5.44 | 0.28 | 0.05 | 0.08 | LM41E | Ag-Pb-Zn |
ZKX09X032 | 77.77 | 78.70 | 737 | 0.93 | 0.65 | 190 | 1.99 | 0.18 | 0.02 | 0.09 | LM41E | Ag-Pb-Zn |
ZKX09X033 | 106.67 | 109.00 | 702 | 2.33 | 1.58 | 331 | 1.27 | 0.13 | 0.05 | 0.08 | LM41E | Ag-Pb-Zn |
ZKX10944 | 103.54 | 105.03 | 776 | 1.49 | 1.40 | 541 | 0.58 | 0.07 | 0.04 | 0.06 | LM41E | Ag-Pb-Zn |
ZKX10944 | 153.01 | 155.14 | 763 | 2.13 | 2.00 | 478 | 2.14 | 0.90 | 5.97 | 0.08 | N/A | Au-Ag |
ZKX10949 | 97.37 | 97.91 | 765 | 0.54 | 0.52 | 495 | 0.60 | 0.10 | 0.05 | 0.06 | LM41E | Ag-Pb-Zn |
ZKX1143 | 58.13 | 61.24 | 754 | 3.11 | 2.40 | 993 | 1.35 | 0.54 | 0.05 | 0.12 | LM41E | Ag-Pb-Zn |
ZKX1166 | 53.63 | 54.99 | 778 | 1.36 | 1.23 | 2,415 | 2.61 | 0.40 | 0.05 | 0.90 | LM41E | Ag-Pb-Zn |
ZKX1187 | 49.67 | 50.54 | 789 | 0.87 | 0.79 | 433 | 1.31 | 0.23 | 0.02 | 0.05 | LM41E | Ag-Pb-Zn |
ZKX09X034 | 98.86 | 100.48 | 717 | 1.62 | 1.00 | 341 | 16.78 | 1.32 | 0.15 | 0.09 | LM41E1 | Ag-Pb-Zn |
ZKX09X033 | 102.05 | 103.35 | 706 | 1.30 | 0.88 | 1,976 | 1.74 | 0.45 | 0.79 | 0.23 | LM41E1Wa | Ag-Pb-Zn |
ZKX1166 | 39.51 | 40.37 | 785 | 0.86 | 0.78 | 850 | 0.64 | 0.23 | 0.05 | 0.06 | LM41E1Wa | Ag-Pb-Zn |
ZKX10735 | 68.32 | 69.50 | 760 | 1.18 | 1.18 | 3 | 0.01 | 0.04 | 5.37 | 0.00 | N/A | Au |
ZKX10739 | 73.70 | 74.65 | 754 | 0.95 | 0.95 | 4 | 0.02 | 0.03 | 5.65 | 0.00 | N/A | Au |
[1] | New, unnamed veins |
Tunneling Programs at the LMW Mine
A total of 3,566 m of exploration tunnels have been developed at the LMW mine during this period. The exploration tunneling, comprised of drifting, cross-cutting and raising, was driven along and across major mineralized vein structures to upgrade the drill-defined mineral resources, and to test for new parallel and splay structures.
Quality Control
Drill cores are NQ size. Drill core samples, limited by apparent mineralization contacts or shear/alteration contacts, were split into halves by saw cutting. The half cores are stored in the Company’s core shacks for future reference and checks, and the other half core samples are shipped in securely sealed bags to the Chengde Huakan 514 Geology and Minerals Test and Research Institute in Chengde, Hebei Province, China, 226 km northeast of Beijing, the Zhengzhou Nonferrous Exploration Institute Lab in Zhengzhou, Henan Province, China, and SGS in Tianjin, China. All three labs are ISO9000 certified analytical labs. For analysis, the sample is dried and crushed to minus 1mm and then split into a 200-300 g subsample which is further pulverized to minus 200 mesh. Two subsamples are prepared from the pulverized sample. One is digested with aqua regia for gold analysis with atomic absorption spectroscopy (AAS), and the other is digested with two-acids for analysis of silver, lead, zinc and copper with AAS.
Channel samples are collected along sample lines perpendicular to the mineralized vein structure in exploration tunnels. Spacing between sampling lines is typically 5 m along strike. Both the mineralized vein and the altered wall rocks are cut by continuous chisel chipping. Sample length ranges from 0.4 m to more than 1 m, depending on the width of the mineralized vein and the mineralization type. Channel samples are prepared and assayed with AAS at Silvercorp’s mine laboratory (Ying Lab) located at the mill complex in Luoning County, Henan Province, China. The Ying lab is officially accredited by the Quality and Technology Monitoring Bureau of Henan Province and is qualified to provide analytical services. The channel samples are dried, crushed and pulverized. A 200 g sample of minus 160 mesh is prepared for assay. A duplicate sample of minus 1mm is made and kept in the laboratory archives. Gold is analysed by fire assay with AAS finish, while silver, lead, zinc and copper are assayed by two-acid digestion with AAS finish.
A routine quality assurance/quality control procedure is adopted to monitor the analytical quality at each lab. Certified reference materials, pulp duplicates and blanks are inserted into each batch of lab samples. QA/QC data at the lab are attached to the assay certificates for each batch of samples.
The Company maintains its own comprehensive QA/QC program to ensure best practices in sample preparation and analysis of the exploration samples. Project geologists regularly insert CRM, field duplicates and blanks to each batch of 30 core samples to monitor the sample preparation and analysis procedures at the labs. The analytical quality of the labs is further evaluated with external checks by sending approximately 3-5% of the pulp samples to higher level labs to check for lab bias. Data from both the Company’s and the labs’ QA/QC programs are reviewed on a timely basis by project geologists.
Guoliang Ma, P. Geo., Manager of Exploration and Resource of the Company, is the Qualified Person for Silvercorp under NI 43-101 and has reviewed and given consent to the technical information contained in this news release.
About Silvercorp
Silvercorp is a Canadian mining company producing silver, gold, lead, and zinc with a long history of profitability and growth potential. The Company’s strategy is to create shareholder value by 1) focusing on generating free cashflow from long life mines; 2) organic growth through extensive drilling for discovery; 3) ongoing merger and acquisition efforts to unlock value; and 4) long term commitment to responsible mining and ESG.
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