Underground Drilling Intercepts 14.62 Metres Grading 363 Grams Per Tonne Silver, 2.45 percent Lead and 4.80 percent Zinc, Including 1.5 Metres Grading 1,960 Grams Per Tonne Silver, 13.25 Percent Lead, and 27.1 Percent Zinc on S7-1 Vein At The Ying Mine, Henan Province, China

JANUARY 21, 2011 VANCOUVER, BRITISH COLUMBIA, CANADA – Silvercorp Metals Inc. (“Silvercorp”) is pleased to report drill results on the S7-1 Vein, part of its 2010 underground diamond drilling program at…

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