Amerigo Resources Ltd. press release

Silvercorp Intersects Vein T15W2 With 1.74 Metres True Width Grading 3,911 Grams per Tonne Silver, 6.22% Lead, 2.11% Zinc and 0.55% Copper at the TLP Mine, Ying Mining District, China

2021-06-01

TSX - Toronto Stock Exchange · Copper · Molybdenum · Silver · Canada

Canada NewsWire

Trading Symbol TSX: SVM NYSE American: SVM

VANCOUVER, BC , June 1, 2021 /CNW/ - Silvercorp Metals Inc. ("Silvercorp" or the "Company") (TSX: SVM) (NYSE American: SVM) is pleased to report results from its 2021 exploration programs at the TLP mine, Ying Mining District, Henan Province , China . Extensive exploration drilling and tunneling are ongoing at the TLP mine, and all other mines at the Ying Mining District.

[](https://mma.prnewswire.com/media/1522173/Silvercorp_Metals_Inc_Silvercorp_Intersects_Vein_T15W2_With_1_74.html)

From October 1, 2020 to May 31, 2021 , 34,546 metres ("m") from a total of 196 diamond drill holes, including 161 underground holes and 35 surface holes, were completed at the TLP mine. Assay results for 193 holes have been received, with 108 holes intercepting mineralization. Currently, 13 rigs are drilling at the TLP mine.

Drilling Intersected High-Grade Veins in the Production Areas

The diamond drilling programs at the TLP mine targeted resource blocks of known silver-lead-zinc veins in the production areas that were missed by limited prior drilling and drifting tunnels, as a result of changes in the dip and pinch-swelling of the pay-zones in the veins. Since access tunnels are already in place, any discovered high-grade blocks can quickly be converted to reserves and mined.

The high-grade intercepts for this period are associated with parallel veins T15W, T15W1, T15W2, and T15W3. Other veins include T16E, T2, T2W, T3, T16E, T11, T1, T1a, T22, T23, T24, T33 and T35E1. Highlight of high-grade intercepts in the TLP production area:

Hole ZKG6AT15W304 intersected a 2.49 m interval ( 1.74 m true width) of vein T15W2 grading 3,911 grams per tonne ("g/t") silver ("Ag"), 6.22% lead ("Pb"), 2.11% zinc ("Zn"), 0.08 g/t gold ("Au") and 0.55% copper ("Cu") at the 808 m elevation, which includes a 0.97 m interval ( 0.68 m true width) grading 9,901 g/t Ag, 15.30% Pb, 5.27% Zn, 0.19 g/t Au, and 1.39% Cu;

Hole ZKG6AT15W305 intersected a 1.62 m interval ( 1.11 m true width) of vein T15W3 grading 1,556 g/t Ag, 15.27% Pb, 0.24% Zn, 0.10 g/t Au, and 0.23% Cu at the 813 m elevation;

Hole ZKT3AT1W101 intersected a 4.00 m interval ( 2.56 m true width) of vein T23 grading 771 g/t Ag, 11.68% Pb, 0.23% Zn, 0.08 g/t Au, and 0.11% Cu at the 854 m elevation;

Hole ZKT7T3E02 intersected an 8.44 m interval ( 5.04 m true width) of vein T3E grading 523 g/t Ag, 5.10% Pb, 0.36% Zn, 0.11 g/t Au, and 0.13% Cu at the 1,086 m elevation, which includes a 4.20 m interval ( 2.51 m true width) grading 1,036 g/t Ag, 9.96% Pb, 0.67% Zn, 0.18 g/t Au, and 0.24% Cu at the 1,087 m elevation;

Hole ZKT23J001 intersected a 0.89 m interval ( 0.74 m true width) of vein T2 grading 1,283 g/t Ag, 8.60% Pb, 2.30% Zn, 4.22 g/t Au, and 1.30% Cu at the 676 m elevation;

Hole ZKTDB39T103 intersected a 2.90 m interval ( 2.03 m true width) of vein T3 grading 1,115 g/t Ag, 1.20% Pb, 0.09% Zn, 0.08 g/t Au, and 0.11% Cu at the 818 m elevation;

Hole ZKTDB05Y03_1 intersected a 0.52 m interval ( 0.51 m true width) of vein T35E1 grading 2,086 g/t Ag, 5.79% Pb, 0.62% Zn, 0.05 g/t Au, and 0.35% Cu at the 914 m elevation; and

Hole ZKTDB43T302 intersected a 1.04 m interval ( 0.72 m true width) of vein T3E grading 520 g/t Ag, 1.25% Pb, 0.05% Zn, 4.36 g/t Au, and 0.11% Cu at the 730 m elevation.

Surface and Underground Drilling Outside the TLP Mine's Resource Area

Exploratory surface drilling in the east and south sides of the resource area in the TLP mine discovered high-grade silver-lead-zinc mineralization at higher elevations. These intercepts of veins T39E2, T17 and T38 are expected to expand the resources in these areas.

Hole ZKG4T15W113 intersected a 3.96 m interval ( 3.62 m true width) of vein T15W1 grading 1,086 g/t Ag, 0.93% Pb, 0.19% Zn, 0.19 g/t Au, and 0.15% Cu at the 672 m elevation;

Hole ZKTDB20T1701 intersected a 3.48 m interval from 170.40 m to 173.88 m ( 2.54 m true width) of vein T17, grading 675 g/t Ag, 0.92% Pb, 0.43% Zn, 0.01 g/t Au, and 0.15% Cu at the 893 m elevation, which includes a 0.78 m interval from 171.26 m to 172.04 m ( 0.57 m true width) grading 2,206 g/t Ag, 1.44% Pb, 0.71% Zn, 0.02 g/t Au, and 0.40% Cu at the 892 m elevation;

Hole ZKTDB27AT39E201 intersected a 0.81 m interval from 99.41 m to 100.22 m ( 0.56 m true width) of vein T39E2 grading 1,705 g/t Ag, 1.3% Pb, 0.35% Zn, 0.02% Au, and 0.06% Cu at the 803 m elevation; and

Hole ZKTDB25AT39E201 intersected a 1.71 m interval from 169.08 m to 170.79 m ( 0.46 m true width) of vein T39E2 grading 456 g/t Ag, 16.16% Pb, 2.55% Zn, 0.01% Au, and 0.11% Cu at the 785 m elevation.

Table 1: Selected intercepts from the 2021 drill programs at the TLP Mine

| Hole ID | From (m) | To (m) | Elevation (m) | Interval (m) | True Width (m) | Ag (g/t) | Pb (%) | Zn (%) | Au (g/t) | Cu (%) | Vein | | ZKG02AT1101 | 8.63 | 9.48 | 835 | 0.85 | 0.56 | 789 | 2.25 | 0.36 | 0.05 | 0.08 | T14E | | ZKG02AT1101 | 134.30 | 135.77 | 782 | 1.47 | 0.94 | 124 | 0.42 | 0.35 | 0.05 | 0.06 | T15 | | ZKG06AT15W101 | 88.62 | 89.37 | 780 | 0.75 | 0.54 | 149 | 1.89 | 0.38 | 0.02 | 0.05 | T15Wa | | ZKG06AT15W301 | 74.21 | 75.46 | 789 | 1.25 | 0.88 | 79 | 2.13 | 0.12 | 0.05 | 0.02 | T15W1 | | ZKG06AT16E01 | 22.99 | 23.76 | 792 | 0.77 | 0.35 | 139 | 0.94 | 0.03 | 0.05 | 0.02 | T16E | | ZKG06J001 | 172.50 | 173.72 | 682 | 1.22 | 1.17 | 100 | 3.00 | 0.17 | 0.05 | 0.07 | T15 | | ZKG06J004 | 116.53 | 117.12 | 820 | 0.59 | 0.56 | 71 | 2.02 | 0.08 | 0.05 | 0.02 | T15 | | ZKG06J004 | 163.99 | 164.47 | 811 | 0.48 | 0.46 | 53 | 9.42 | 0.15 | 0.05 | 0.02 | T11E | | ZKG06J01 | 78.47 | 79.25 | 785 | 0.78 | 0.71 | 105 | 2.20 | 0.21 | 0.06 | 0.01 | T15W1 | | ZKG06J01 | 138.49 | 139.04 | 773 | 0.55 | 0.50 | 235 | 1.01 | 0.14 | 0.05 | 0.08 | T11 | | ZKG06J04 | 117.14 | 117.93 | 728 | 0.79 | 0.65 | 1,043 | 3.00 | 0.15 | 0.10 | 0.15 | T15W | | ZKG06T1101 | 66.08 | 67.18 | 827 | 1.10 | 0.92 | 48 | 2.85 | 0.23 | 0.18 | 0.02 | T15W1 | | ZKG06T1102 | 77.45 | 78.18 | 785 | 0.73 | 0.57 | 59 | 2.18 | 0.60 | 0.02 | 0.01 | T15W1 | | ZKG06T1102 | 138.01 | 138.93 | 773 | 0.92 | 0.72 | 101 | 1.08 | 0.04 | 0.02 | 0.01 | T11 | | ZKG08AT1101 | 138.30 | 139.33 | 785 | 1.03 | 0.83 | 79 | 1.63 | 0.11 | 0.10 | 0.02 | T11 | | ZKG08AT1101 | 146.80 | 148.27 | 784 | 1.47 | 1.22 | 59 | 2.27 | 0.11 | 0.10 | 0.01 | T11E2 | | ZKG08S01_12 | 0.43 | 1.33 | 913 | 0.90 | 0.85 | 236 | 4.61 | 0.54 | 0.05 | 0.04 | T15W3 | | ZKG08S01_12 | 31.74 | 32.67 | 517 | 0.93 | 0.92 | 159 | 0.26 | 0.46 | 0.05 | 0.05 | T15a | | ZKG0936 | 18.13 | 18.64 | 780 | 0.51 | 0.27 | 225 | 0.61 | 0.44 | 0.07 | 0.02 | T16 | | ZKG0936 | 179.66 | 180.26 | 738 | 0.60 | 0.31 | 219 | 3.43 | 1.12 | 0.03 | 0.01 | T11E1 | | ZKG10AT1102 | 98.36 | 98.87 | 823 | 0.51 | 0.48 | 196 | 1.68 | 0.16 | 0.05 | 0.03 | T14E | | ZKG10AT1102 | 144.53 | 145.59 | 815 | 1.06 | 1.02 | 223 | 0.68 | 0.11 | 0.10 | 0.08 | T11E2 | | ZKG1217 | 53.03 | 53.57 | 801 | 0.54 | 0.30 | 180 | 0.74 | 0.23 | 0.03 | 0.07 | T15W2 | | ZKG1218 | 145.13 | 146.13 | 743 | 1.00 | 0.95 | 262 | 1.17 | 0.11 | 0.05 | 0.03 | T11E | | ZKG1218 | 178.67 | 179.42 | 721 | 0.75 | 0.71 | 226 | 0.38 | 0.15 | 0.21 | 0.02 | T12 | | ZKG12AT15W01 | 94.72 | 95.23 | 780 | 0.51 | 0.48 | 96 | 0.99 | 0.09 | 0.05 | 0.05 | T15W | | ZKG12AT15W01 | 254.59 | 255.09 | 688 | 0.50 | 0.45 | 349 | 0.81 | 0.30 | 0.05 | 0.02 | T11E3 | | ZKG12AT15W101 | 155.03 | 155.78 | 768 | 0.75 | 0.39 | 242 | 3.61 | 0.22 | 0.05 | 0.05 | T15 | | ZKG16AT1101 | 177.28 | 177.85 | 730 | 0.57 | 0.50 | 550 | 2.27 | 0.19 | 0.02 | 0.24 | T11 | | ZKG4AT15W101 | 66.89 | 69.03 | 829 | 2.14 | 1.02 | 560 | 4.24 | 1.72 | 0.13 | 0.35 | T15W1 | | ZKG4AT15W102 | 183.90 | 184.56 | 811 | 0.66 | 0.50 | 203 | 1.01 | 0.13 | 0.02 | 0.01 | T11E2 | | ZKG4AT16E202 | 76.20 | 76.96 | 832 | 0.76 | 0.22 | 636 | 5.73 | 0.21 | 0.02 | 0.18 | T15W1 | | ZKG4AT16E202 | 79.74 | 80.79 | 832 | 1.05 | 0.31 | 94 | 2.19 | 0.09 | 0.01 | 0.02 | T16E2 | | ZKG4AT16E203 | 93.96 | 95.29 | 781 | 1.33 | 1.25 | 59 | 6.09 | 2.42 | 0.05 | 0.04 | T15W3 | | ZKG4T15W113 | 137.93 | 141.89 | 672 | 3.96 | 3.62 | 1,086 | 0.93 | 0.19 | 0.19 | 0.15 | T15W1 | | ZKG4T15W114 | 143.55 | 144.04 | 677 | 0.49 | 0.41 | 95 | 3.09 | 0.31 | 0.05 | 0.02 | T15W | | ZKG4T15W114 | 155.80 | 158.32 | 667 | 2.52 | 1.88 | 479 | 1.29 | 0.27 | 0.29 | 0.07 | T11 | | ZKG6AT15W303 | 18.44 | 19.47 | 824 | 1.03 | 0.55 | 214 | 0.80 | 0.06 | 0.10 | 0.03 | T11 | | ZKG6AT15W304 | 68.56 | 69.71 | 812 | 1.15 | 0.81 | 284 | 1.16 | 0.31 | 0.02 | 0.22 | T15W3 | | ZKG6AT15W304 | 83.91 | 86.40 | 808 | 2.49 | 1.74 | 3,911 | 6.22 | 2.11 | 0.08 | 0.55 | T15W2 | | including | 84.67 | 85.64 | 808 | 0.97 | 0.68 | 9,901 | 15.30 | 5.27 | 0.19 | 1.39 | T15W2 | | ZKG6AT15W305 | 63.47 | 64.13 | 816 | 0.66 | 0.45 | 200 | 6.61 | 0.13 | 0.05 | 0.04 | T15W | | ZKG6AT15W305 | 78.22 | 79.84 | 813 | 1.62 | 1.11 | 1,556 | 15.27 | 0.24 | 0.10 | 0.23 | T15W3 | | ZKG6AT16E10 | 30.77 | 34.30 | 825 | 3.53 | 0.67 | 589 | 0.98 | 0.13 | 0.02 | 0.06 | T16E | | including | 33.48 | 34.30 | 824 | 0.82 | 0.15 | 2,267 | 2.55 | 0.50 | 0.07 | 0.20 | T16E | | ZKG6AT16E11 | 22.71 | 24.10 | 827 | 1.39 | 0.79 | 528 | 3.12 | 0.05 | 0.02 | 0.04 | T16E | | including | 23.50 | 24.10 | 827 | 0.60 | 0.34 | 1,089 | 7.19 | 0.11 | 0.04 | 0.07 | T16E | | ZKG8AT15W302 | 126.18 | 127.40 | 784 | 1.22 | 1.11 | 98 | 1.74 | 0.12 | 0.05 | 0.01 | T15W | | ZKG8AT16E201 | 81.49 | 82.36 | 746 | 0.87 | 0.79 | 177 | 2.34 | 0.21 | 0.05 | 0.09 | T15W1 | | ZKT04T2E02 | 220.62 | 221.76 | 878 | 1.14 | 0.99 | 127 | 0.31 | 0.05 | 0.02 | 1.09 | T3 | | ZKT05AT2301 | 106.40 | 111.30 | 875 | 4.90 | 3.30 | 97 | 1.00 | 0.08 | 0.29 | 0.03 | T23 | | including | 106.40 | 106.80 | 876 | 0.40 | 0.22 | 804 | 2.66 | 0.10 | 0.05 | 0.15 | T24 | | ZKT05AT2302 | 101.11 | 101.70 | 877 | 0.59 | 0.41 | 326 | 2.75 | 0.10 | 0.12 | 0.31 | T23 | | ZKT05AT2303 | 98.17 | 99.07 | 874 | 0.90 | 0.89 | 381 | 4.97 | 0.61 | 0.10 | 0.22 | T23 | | ZKT0724 | 143.73 | 145.56 | 787 | 1.83 | 1.81 | 223 | 1.08 | 0.53 | 0.02 | 0.05 | T14E | | ZKT0725 | 158.91 | 161.61 | 750 | 2.70 | 2.53 | 433 | 1.96 | 0.93 | 0.05 | 0.18 | T14E | | ZKT07AT201 | 78.81 | 80.09 | 742 | 1.28 | 1.09 | 141 | 2.10 | 0.06 | 0.09 | 0.04 | T1 | | ZKT07AT5E104 | 105.47 | 106.29 | 914 | 0.82 | 0.42 | 1,324 | 5.40 | 0.48 | 0.10 | 0.08 | T21W | | ZKT07AT5E105 | 134.62 | 135.99 | 908 | 1.37 | 0.83 | 28 | 3.57 | 0.19 | 0.02 | 0.00 | T21 | | ZKT07T14E03 | 162.44 | 164.70 | 775 | 2.26 | 2.16 | 89 | 2.02 | 0.14 | 0.03 | 0.03 | T14E | | ZKT07T14E05 | 156.81 | 157.41 | 753 | 0.60 | 0.57 | 71 | 4.69 | 0.11 | 0.01 | 0.09 | T14E | | ZKT07T1601 | 19.42 | 20.15 | 868 | 0.73 | 0.31 | 192 | 0.10 | 0.33 | 0.02 | 0.01 | T16 | | ZKT07Y04 | 23.92 | 24.64 | 777 | 0.72 | 0.68 | 762 | 9.07 | 0.54 | 0.83 | 0.12 | T2W | | ZKT07Y04 | 50.53 | 51.10 | 796 | 0.57 | 0.55 | 411 | 2.91 | 0.04 | 1.92 | 0.31 | T22 | | ZKT0808 | 211.75 | 212.43 | 871 | 0.68 | 0.22 | 1,070 | 1.47 | 0.34 | 0.10 | 0.96 | T2 | | ZKT0809 | 64.21 | 65.00 | 889 | 0.79 | 0.74 | 155 | 0.19 | 0.08 | 0.01 | 0.01 | T1W | | ZKT09Y17 | 206.29 | 207.09 | 738 | 0.80 | 0.68 | 30 | 6.16 | 0.11 | 0.10 | 0.01 | T33E1 | | ZKT09Y17 | 404.57 | 405.11 | 586 | 0.54 | 0.50 | 207 | 0.79 | 0.36 | 0.10 | 0.01 | T3 | | ZKT09Y21 | 104.55 | 106.09 | 806 | 1.54 | 1.14 | 161 | 18.39 | 0.23 | 0.10 | 0.11 | T33 | | ZKT11Y25 | 175.74 | 176.56 | 744 | 0.82 | 0.77 | 97 | 1.04 | 0.06 | 0.05 | 0.01 | T1W1 | | ZKT18AT1703 | 207.26 | 208.08 | 894 | 0.82 | 0.64 | 211 | 1.50 | 1.66 | 0.01 | 0.03 | T22E | | ZKT19AT33W303 | 24.02 | 24.59 | 813 | 0.57 | 0.56 | 135 | 0.23 | 0.22 | 0.01 | 0.03 | T33W1 | | ZKT19AT33W303 | 51.83 | 52.86 | 821 | 1.03 | 1.01 | 25 | 4.74 | 0.80 | 0.01 | 0.02 | T22E1 | | ZKT19T33W301 | 78.12 | 79.42 | 786 | 1.30 | 0.45 | 15 | 6.90 | 0.37 | 0.05 | 0.01 | T33W1 | | ZKT1AT2301 | 73.57 | 74.95 | 886 | 1.38 | 1.27 | 147 | 0.90 | 0.30 | 0.05 | 0.00 | T33 | | ZKT1T1602 | 98.30 | 98.82 | 878 | 0.52 | 0.50 | 206 | 1.16 | 0.66 | 0.05 | 0.03 | T16E | | ZKT1T1603 | 95.73 | 96.36 | 886 | 0.63 | 0.63 | 136 | 0.97 | 0.71 | 0.05 | 0.02 | T16 | | ZKT1T1603 | 183.99 | 184.98 | 821 | 0.99 | 0.57 | 334 | 0.28 | 0.71 | 0.05 | 0.03 | T16E1 | | ZKT21C03 | 145.04 | 145.57 | 789 | 0.53 | 0.44 | 191 | 5.63 | 0.25 | 0.21 | 0.02 | T33W5 | | ZKT21C05 | 166.15 | 166.75 | 786 | 0.60 | 0.46 | 167 | 1.73 | 2.11 | 0.21 | 0.03 | T33W4 | | ZKT21T14E09 | 87.07 | 87.60 | 773 | 0.53 | 0.13 | 1,148 | 3.19 | 2.24 | 0.09 | 0.20 | T38 | | ZKT21T22E02 | 216.94 | 217.44 | 768 | 0.50 | 0.48 | 105 | 4.67 | 0.67 | 0.10 | 0.08 | T3 | | ZKT21Y35 | 193.17 | 194.17 | 723 | 1.00 | 0.64 | 32 | 13.18 | 0.07 | 0.10 | 0.11 | T14E | | ZKT23J001 | 99.39 | 100.28 | 676 | 0.89 | 0.74 | 1,283 | 8.60 | 2.30 | 4.22 | 1.30 | T2 | | ZKT23J002 | 107.39 | 108.15 | 721 | 0.76 | 0.58 | 705 | 5.76 | 0.03 | 0.21 | 0.24 | [1] | | ZKT23J003 | 112.16 | 113.16 | 665 | 1.00 | 0.81 | 134 | 4.21 | 1.85 | 0.82 | 0.69 | T2 | | ZKT2707 | 105.98 | 106.55 | 780 | 0.57 | 0.23 | 292 | 0.39 | 0.14 | 0.13 | 0.01 | T39W | | ZKT2708 | 153.41 | 154.07 | 751 | 0.66 | 0.25 | 396 | 1.79 | 2.20 | 0.01 | 0.05 | T39E2 | | ZKT2708 | 161.96 | 163.99 | 744 | 2.03 | 1.54 | 125 | 0.34 | 0.43 | 1.90 | 0.01 | T39 | | ZKT27T39W01 | 83.89 | 84.43 | 842 | 0.54 | 0.44 | 145 | 1.56 | 0.47 | 0.03 | 0.01 | T39E2 | | ZKT29AT202 | 97.82 | 99.61 | 676 | 1.79 | 0.17 | 122 | 2.87 | 0.99 | 0.43 | 2.65 | T2E | | ZKT31AT35E03 | 194.56 | 195.27 | 686 | 0.71 | 0.46 | 116 | 20.00 | 4.97 | 0.33 | 0.13 | T35E | | ZKT31AT35E03 | 261.45 | 262.67 | 663 | 1.22 | 1.11 | 147 | 0.36 | 0.09 | 0.10 | 0.02 | T35E1 | | ZKT33T31W303 | 34.97 | 36.14 | 898 | 1.17 | 1.14 | 340 | 0.44 | 0.54 | 0.06 | 0.02 | T31W | | ZKT33T31W303 | 120.70 | 121.25 | 844 | 0.55 | 0.18 | 335 | 4.24 | 0.42 | 0.15 | 0.01 | T21 | | ZKT33T31W304 | 36.06 | 37.85 | 895 | 1.79 | 1.73 | 303 | 0.55 | 0.35 | 0.03 | 0.04 | T31W | | ZKT33T31W304 | 56.10 | 57.82 | 881 | 1.72 | 1.66 | 552 | 0.94 | 0.27 | 0.06 | 0.03 | T31W1 | | ZKT33T31W305 | 58.82 | 60.10 | 878 | 1.28 | 0.59 | 187 | 0.10 | 0.10 | 0.03 | 0.01 | T31W1 | | ZKT39AT31W01 | 54.66 | 55.61 | 786 | 0.95 | 0.80 | 200 | 0.42 | 0.13 | 0.57 | 0.02 | T31W1 | | ZKT39AT31W02 | 15.33 | 16.77 | 795 | 1.44 | 1.42 | 26 | 5.22 | 0.19 | 0.02 | 0.01 | T20 | | ZKT39AT31W02 | 109.52 | 110.65 | 766 | 1.13 | 0.32 | 374 | 3.99 | 1.85 | 0.75 | 0.34 | T3E | | ZKT39AT31W02 | 128.06 | 129.11 | 760 | 1.05 | 0.30 | 27 | 2.84 | 0.06 | 0.12 | 0.02 | T3 | | ZKT3AT1W101 | 98.48 | 102.48 | 854 | 4.00 | 2.56 | 771 | 11.68 | 0.23 | 0.08 | 0.11 | T23 | | ZKT3AT1W101 | 203.59 | 204.22 | 810 | 0.63 | 0.58 | 160 | 1.61 | 0.46 | 0.06 | 0.01 | [1] | | ZKT3AT1W104 | 96.12 | 96.84 | 840 | 0.72 | 0.47 | 326 | 17.38 | 0.57 | 0.06 | 0.08 | T23 | | ZKT5AT1W101 | 178.42 | 179.20 | 632 | 0.78 | 0.68 | 109 | 0.33 | 0.13 | 0.15 | 0.22 | T1W1 | | ZKT7T3E01 | 46.12 | 47.78 | 1,094 | 1.66 | 1.07 | 139 | 2.44 | 0.11 | 0.05 | 0.08 | T3E | | ZKT7T3E02 | 64.01 | 72.45 | 1,086 | 8.44 | 5.04 | 523 | 5.10 | 0.36 | 0.11 | 0.13 | T3E | | including | 64.86 | 69.06 | 1,087 | 4.20 | 2.51 | 1,036 | 9.96 | 0.67 | 0.18 | 0.24 | T3E | | ZKT9AT1W102 | 208.22 | 208.83 | 645 | 0.61 | 0.60 | 72 | 1.52 | 0.07 | 0.10 | 0.44 | T1 | | ZKT9AT1W102 | 253.06 | 253.66 | 620 | 0.60 | 0.59 | 97 | 0.26 | 0.05 | 0.10 | 2.53 | T2W | | ZKT9AT1W103 | 14.34 | 14.91 | 761 | 0.57 | 0.48 | 172 | 0.33 | 0.18 | 0.12 | 0.01 | T33 | | ZKT9AT1W103 | 227.84 | 229.66 | 667 | 1.82 | 1.76 | 520 | 0.74 | 2.04 | 0.16 | 0.06 | T1 | | ZKT9AT1W103 | 245.94 | 246.49 | 659 | 0.55 | 0.53 | 211 | 0.10 | 0.44 | 0.12 | 0.02 | T1E | | ZKT9AT1W104 | 15.32 | 15.92 | 757 | 0.60 | 0.49 | 329 | 0.59 | 0.10 | 0.05 | 0.32 | T33 | | ZKT9AT1W104 | 220.95 | 221.44 | 661 | 0.49 | 0.42 | 319 | 6.86 | 1.16 | 0.05 | 0.06 | T1a | | ZKT9AT1W105 | 164.39 | 166.91 | 644 | 2.52 | 2.30 | 65 | 2.41 | 0.26 | 0.12 | 0.11 | T1W1 | | ZKT9AT1W105 | 190.36 | 191.37 | 625 | 1.01 | 0.92 | 157 | 0.12 | 0.03 | 0.05 | 0.01 | T1W | | ZKT9AT1W107 | 14.38 | 15.54 | 763 | 1.16 | 0.96 | 107 | 0.58 | 0.06 | 0.05 | 0.05 | T33 | | ZKTA1AT14E01 | 158.29 | 159.55 | 782 | 1.26 | 0.42 | 53 | 5.65 | 0.35 | 0.04 | 0.06 | T14E | | ZKTA3AT14E01 | 141.61 | 142.93 | 781 | 1.32 | 0.81 | 53 | 7.35 | 0.27 | 0.05 | 0.07 | T14E | | ZKTA3AT14E02 | 93.90 | 94.66 | 773 | 0.76 | 0.64 | 243 | 0.41 | 0.07 | 0.10 | 0.03 | T38 | | ZKTA5AT14E02 | 137.25 | 138.05 | 776 | 0.80 | 0.80 | 63 | 3.17 | 0.21 | 0.05 | 0.03 | T14E | | ZKTDB05AT5W101 | 101.19 | 102.35 | 1,035 | 1.16 | 0.62 | 122 | 0.51 | 0.19 | 0.03 | 0.01 | T4 | | ZKTDB05Y03_1 | 156.09 | 156.66 | 938 | 0.57 | 0.35 | 141 | 1.17 | 0.25 | 0.05 | 0.05 | [1] | | ZKTDB05Y03_1 | 185.29 | 185.81 | 914 | 0.52 | 0.51 | 2,086 | 5.79 | 0.62 | 0.05 | 0.35 | T35E1 | | ZKTDB06AT22W01 | 41.51 | 46.28 | 1,137 | 4.77 | 1.88 | 196 | 0.46 | 0.07 | 0.10 | 0.03 | T1E | | ZKTDB06AT22W01 | 50.86 | 52.14 | 1,133 | 1.28 | 0.51 | 94 | 0.88 | 0.11 | 0.10 | 0.03 | T2W | | ZKTDB06AT22W03 | 69.09 | 70.40 | 1,113 | 1.31 | 1.08 | 115 | 5.76 | 0.15 | 0.10 | 0.02 | T1E | | ZKTDB20T1701 | 170.40 | 173.88 | 893 | 3.48 | 2.54 | 675 | 0.92 | 0.43 | 0.01 | 0.15 | T17 | | including | 171.26 | 172.04 | 892 | 0.78 | 0.57 | 2,206 | 1.44 | 0.71 | 0.02 | 0.40 | T17 | | ZKTDB20T1704 | 88.90 | 89.42 | 971 | 0.52 | 0.19 | 789 | 0.92 | 0.09 | 0.03 | 0.06 | T17 | | ZKTDB25AT39E201 | 169.08 | 170.79 | 785 | 1.71 | 0.46 | 456 | 16.16 | 2.55 | 0.01 | 0.11 | T39E2 | | ZKTDB27AT39E201 | 89.44 | 90.08 | 811 | 0.64 | 0.44 | 190 | 1.26 | 3.19 | 0.01 | 0.03 | T39W | | ZKTDB27AT39E201 | 99.41 | 100.22 | 803 | 0.81 | 0.56 | 1,705 | 1.30 | 0.35 | 0.02 | 0.06 | T39E2 | | ZKTDB27AT5E111 | 122.45 | 123.21 | 955 | 0.76 | 0.74 | 200 | 1.34 | 0.67 | 0.05 | 0.01 | T39E | | ZKTDB33AT31W301 | 32.88 | 33.47 | 902 | 0.59 | 0.23 | 233 | 0.28 | 0.10 | 0.08 | 0.01 | [1] | | ZKTDB33AT31W301 | 49.38 | 50.30 | 893 | 0.92 | 0.36 | 110 | 1.15 | 0.20 | 0.06 | 0.02 | T31W1 | | ZKTDB39T101 | 144.95 | 145.73 | 823 | 0.78 | 0.51 | 199 | 3.69 | 0.07 | 0.05 | 0.03 | T2 | | ZKTDB39T103 | 66.76 | 67.63 | 892 | 0.87 | 0.64 | 151 | 0.80 | 0.05 | 0.03 | 0.01 | T1W | | ZKTDB39T103 | 147.21 | 150.11 | 818 | 2.90 | 2.03 | 1,115 | 1.20 | 0.09 | 0.03 | 0.11 | T3 | | ZKTDB43AT303 | 176.86 | 177.44 | 797 | 0.58 | 0.37 | 165 | 0.27 | 0.03 | 0.02 | 0.01 | T1W | | ZKTDB43T301 | 299.35 | 300.13 | 712 | 0.78 | 0.58 | 9 | 3.57 | 0.05 | 0.17 | 0.04 | T35 | | ZKTDB43T302 | 165.24 | 166.38 | 807 | 1.14 | 0.84 | 275 | 0.26 | 0.02 | 0.05 | 0.01 | T23E | | ZKTDB43T302 | 170.81 | 171.99 | 801 | 1.18 | 0.85 | 38 | 3.43 | 0.10 | 0.10 | 0.01 | T1 | | ZKTDB43T302 | 210.24 | 211.23 | 764 | 0.99 | 0.70 | 407 | 0.90 | 0.21 | 0.47 | 0.17 | T3 | | ZKTDB43T302 | 243.39 | 247.69 | 731 | 4.30 | 3.01 | 171 | 2.19 | 0.11 | 1.25 | 0.04 | T3E | | including | 246.65 | 247.69 | 730 | 1.04 | 0.72 | 520 | 1.25 | 0.05 | 4.36 | 0.11 | T3E |

| | | [1] No vein id assigned |

Tunneling Program at the TLP Mine

In addition to the drilling program, 4,526 m of exploration drift tunneling were developed at the TLP mine during this period. The exploration tunneling, comprised of drifting, cross-cutting and raising, was driven along and across major mineralized vein structures to upgrade the drill defined mineral resources and test for new parallel and splay structures, and are summarized in the following table.

| M ine | Major Target Veins | Elevation (m) | Total Tunneling (m) | Channel Samples Collected | Drift Included (m) | Total Mineralization Exposed by Drifts | | | | | | Length (m) | Average True Width ( m) | Ag (g/t) | Pb (%) | Zn (%) | | | | | | | | TLP | T1, T2, T3, T3E, T5, T26, T26E, T14E, 15W, T15W3, T33E, T23, T11, T16, T17, T14, T35E, T38, T39E2, T39E, T27 | 510-1070 | 7,020 | 3,461 | 4,526 | 1,667 | 0.54 | 276 | 3.06 | 0.60 |

| [1] | Mineralization is defined by silver equivalent value (AgEq) greater than or equal to 130 g/t at the TLP mine. | | | (Formulae used for AgEq calculation: TLP=34.19*Pb%+Ag g/t) |

Highlights of selected mineralized zones exposed in the drift tunnels:

Drift Tunnel PD890-T16E-890-2NYM exposed mineralization 85 m long and 0.64 m wide (true width) grading 721 g/t Ag, 2.62% Pb and 0.72% Zn within vein T16E on the 893 m level;

Drift Tunnel PD820-T22E-700-16NYM exposed mineralization 30 m long and 0.81 m wide (true width) grading 692 g/t Ag, 3.43% Pb and 1.05% Zn within vein T22E on the 704 m level;