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Silvercorp Metals Inc. press release

Blackpool acquires lands at Progress

TSX - Toronto Stock Exchange · Silver · Gold · Lead · Zinc · Copper · Canada

CALGARY, Feb. 7 /CNW/ - Blackpool Exploration Ltd. (BPX.A: TSX Venture Exchange) has acquired a 75% working interest in a section of Petroleum & Natural Gas Rights offsetting productive company lands in the Progress area of northwestern Alberta. This land is prospective for oil and natural gas in a variety of zones including the Triassic age Montney, Doig, Halfway, and Charlie Lake Formations. Blackpool has plans to drill a test well on this acreage during the last half of 2006. The TSX Venture Exchange does not accept responsibility for the adequacy or accuracy of this release.

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