Silvercorp Won Auction To Acquire the Zhonghe Silver Project in Luoning County, Henan Province, China
Share: VANCOUVER, British Columbia, Jan. 21, 2021 (GLOBE NEWSWIRE) -- Silvercorp Metals Inc. ("Silvercorp" or the "Company") (NYSE:SVM) announces that its subsidiary, Henan Found Mining Co. Ltd. ("Henan Found"), won an online auction to acquire the exploration rights to the Zhonghe Silver Project (the "Zhonghe Project") from the Henan provincial government. The auction was held on December 17, 2020 and following a public comment period, the Company received confirmation of its successful bid. The Zhonghe Project covers an area of 4.96 square kilometres ("km") approximately 50 km (75 km by r...