Silvercorp Metals Inc.

Silvercorp Metals Inc.

November 07, 2006 09:00 ET

Silvercorp to Release Second Quarter Results November 13, 2006

VANCOUVER, BRITISH COLUMBIA--(CCNMatthews - Nov. 7, 2006) - Silvercorp Metals Inc. ("Silvercorp") (TSX:SVM) will release its 2006 second quarter results on Monday, November 13, 2006 after market close.

Silvercorp Metals Inc. is engaged in the acquisition, exploration, and mining of precious and base metal mineral properties in China. Currently, Silvercorp's main mining operation is the Ying silver-lead-zinc mine, owned through its 77.5% Sino-foreign joint venture company, Henan Found Mining Co. Ltd.

Statements in this press release other than purely historical information, including statements relating to the Company's future plans and objectives or expected results, constitute forward-looking statements. Forward-looking statements are based on numerous assumptions and are subject to all of the risks and uncertainties inherent in the Company's business, including risks inherent in mineral exploration and development. As a result, actual results may vary materially from those described in the forward-looking statements.

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