Silvercorp to Announce Second Quarter Results & Hold Analyst Conference Call

* Reuters is not responsible for the content in this press release.

Thu Oct 29, 2009 1:00pm EDT 

  VANCOUVER, BRITISH COLUMBIA, Oct 29 (MARKET WIRE) -- 
Silvercorp Metals Inc. (TSX: SVM)(NYSE Amex: SVM) ("Silvercorp") plans to
release its unaudited second quarter results for the period ended
September 31, 2009, on Monday, November 9, 2009, after the close of the
market.

    Silvercorp's management will hold a conference call on Tuesday, November
10, 2009, at 8:00 a.m. PT/11:00 a.m. ET to discuss the second quarter
results with analysts. Shareholders, media and interested investors are
invited to listen to the live conference call over the internet by going
to www.silvercorp.ca and clicking on the conference call link on the home
page or over the phone by dialing (612) 288-0329 just prior to the
starting time. Analysts who wish to receive the toll-free dial-in number
for this conference call are invited to contact Silvercorp at (604)
669-9397 or via email to ir@silvercorp.ca no later than 2:00 p.m. PST on
Monday, November 9, 2009. All participants will be asked to register with
the conference call operator.

    About Silvercorp Metals Inc.

    Silvercorp Metals Inc. is engaged in the acquisition, exploration,
development and production of silver-related mineral properties located
in the People's Republic of China. Silvercorp is operating and developing
four silver-lead-zinc mines at the highly profitable Ying Mining Camp in
the Henan Province of China. The Company is also applying for a mining
permit at the newly acquired, 95% owned Gaocheng and Shimentou properties
in the Guangdong Province of China to commence production from mining
operations of silver, lead and zinc. Silvercorp is the largest primary
silver producer operating in China. Silvercorp's shares are included as a
component of the S&P/TSX Composite and the S&P/TSX Global Mining Indices.

Contacts:
Silvercorp Metals Inc.
Rui Feng
Chairman/CEO
(604) 669-9397 or Toll Free: 1-888-224-1881

Silvercorp Metals Inc.
Lorne Waldman
Corporate Secretary
(604) 669-9397 or Toll Free: 1-888-224-1881
(604) 669-9387 (FAX)
info@silvercorp.ca
www.silvercorp.ca

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