NYSE:SVM   USD$ 6.80 +0.13
TSX:SVM   CAD$ 6.95 +0.09
 

Silvercorp Metals Inc. is a Canadian-based primary silver producer with mining, development and exploration projects located in China and Canada.   Since commencing production in 2006, Silvercorp has enjoyed high profitability and returns due to the exceptionally high-grade nature of its Ying deposit and the incredibly low-cost jurisdiction in which it operates.  The company is publicly traded on the Toronto Stock Exchange in Canada and the New York Stock Exchange in the US and is a component of the S&P/TSX Composite and Global Mining Indexes.
 
Silvercorp today is China's largest primary silver producer and has achieved an enviable three-year track record of being the lowest cost producer of silver among its industry peers.  In Q3/2010 (ended December 31, 2009), the company produced 1.22 million ounces of silver at a cash cost of negative $7.73 per ounce.  At the same time, the company is growing its resource base through continuous exploration of existing projects as well as seeking to acquire new development projects in multiple jurisdictions.  It is one of only a handful of metals producers to pay shareholders a dividend (C$0.02 per share per quarter).

Now with US$87.8-million in cash, no long-term debt, strong operations and the lowest production costs among its global industry peers, Silvercorp sees today’s unprecedented market volatility as one ripe with opportunities to grow its business in the long term.

February 10, 2010 - Third Quarter Analyst Conference Call

Feb. 29-Mar. 3, '10 - BMO Global Mining Conference, Hollywood, Florida

March 8, 2010  - NYSE Opening Bell Ringing Ceremony - Silvercorp Metals Inc.

March 7-10, 2010 - PDAC International Mining Convention, Toronto, ON



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