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 New York Stock Exchange in the US and the Toronto Stock Exchange in Canada and is a component of the NYSE Composite, S&P/TSX Composite and Global Mining Indexes.
 
Silvercorp today is China's largest primary silver producer and has achieved an enviable four-year track record of being the lowest cost producer of silver among its industry peers.  In the First Quarter of FY2011 (ended June 30, 2010), the company produced 1.4 million ounces of silver at a cash cost of negative $6.31 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$106-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.

September 19 - 22, 2010 - Denver Gold Forum, Denver, CO

September 30, 2010 - 2010 Annual General Meeting