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Stock impact report

Silvercorp Reports a Spillage Incident at the Ying Mining District

Silvercorp Metals Inc. Common Shares (SVM) 
US:NYSE Investor Relations: silvercorpmetals.com/investors
Company Research Source: GlobeNewswire
VANCOUVER, British Columbia, April 16, 2018 (GLOBE NEWSWIRE) -- Silvercorp Metals Inc. (“Silvercorp” or the “Company”) (TSX:SVM) (NYSE American:SVM) reported that at approximately 9:30 pm on April 12th leakage occurred near the bottom of the barrier wall plates for the fifth overflow well inside the No. 2 tailing storage facility at the Ying Mining District operated by the Company’s subsidiary, Henan Found.  Fortunately only a small amount of tailings was leaked downstream to Chong-Yang Creek. As the facility is monitored closely Henan Found was able to take immediate action and the leakage was fully controlled and stopped as of 12:00 pm of April 13. The government authorities from provincial, city and county levels were present immediately to guide and implement all environment and safety emergency measures.  Fortunately no personal injury  was incurred and results of ongoing water tests from Chong -Yang Creek are within acceptable national water quality standards. Henan Found i Show less Read more
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