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Stock impact report

Silvercorp reports that the GC Project has a net present value of US$160M pre-tax or US$120M post-tax at 8% discount rate

Silvercorp Metals Inc. Common Shares (SVM) 
US:NYSE Investor Relations: silvercorpmetals.com/investors
Company Research Source: GlobeNewswire
VANCOUVER, British Columbia, July 25, 2018 (GLOBE NEWSWIRE) -- Silvercorp Metals Inc. (“Silvercorp” or the “Company”) (TSX:SVM) (NYSE American:SVM) is pleased to report the results of an updated National Instrument (“NI”) 43-101 Technical Report with an effective date of June 30, 2018 (Mineral Resources and Mineral Reserves effective December 31, 2017), prepared by AMC Mining Consultants (Canada) Ltd. (“AMC”) on the Gaocheng silver-zinc-lead property in Guangdong Province, People’s Republic of China (the “Gaocheng NI 43-101 Technical Report”). The four authors of the Gaocheng NI 43-101 Technical Report all qualify as independent Qualified Persons. Two of the authors visited the Gaocheng Property in January 2018. AMC examined all aspects of the project, including drill core, underground workings, processing plant and surface infrastructure. The Gaocheng NI 43-101 Technical Report, with an effective date of 30 June 2018, will be made available for review on the SEDAR system and on th Show less Read more
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