Update: Silvercorp Up 3.6% as It Posts Intercepts from Drilling at the LMW Mine in China

(Updates shares.) Silvercorp Metals (SVM.TO) late on Wednesday reported assay results from the LMW underground mine in Henan Province, China. Highlights of the results include 34 grams per tonne (g/t) gold and 4.45% copper over 0.82 meters and 5.28 g/t gold and 20.28% copper over 0.59 meters. Drilling at the W zone significantly expanded the low-angle and high-grade silver-gold-copper LM28 vein. Drilling also intersected high-grade silver-lead veins W1, W18 series and W6 series. The drilling program also focused on expansion drilling of low-angle gold and silver-gold-copper veins LM50, LM26, and LM21, drilling to extend the high-grade LM41E series veins at the eastern side of LMW, and infill drilling of silver-lead-zinc veins at the Production Zone. Silvercorp shares were last seen up $0.15 to $4.32 on the Toronto Stock Exchange. Price: 4.34, Change: +0.17, Percent Change: +3.96