VANCOUVER, BRITISH COLUMBIA--(CCNMatthews - May 6, 2005) - SILVERCORP METALS INC. (TSX VENTURE:SVM) announces that Ms. Cathy Fong of Vancouver has joined Silvercorp's team as Vice President of Corporate Development. Cathy is an accomplished senior civil/structural professional engineer with over 18 years of experience in the mining, heavy industrial and commercial construction industry. She has completed detailed engineering assignments for Eskay Creek, Bell Creek, Lone Tree, Sigma, Gilbraltar, Enako, Loki, Campbell, Quinsam and Zaldivar Mines. Her professional experience includes completing projects for SNC-Lavalin, Hatch, BC Hydro, Proctor & Redfern and Quinn Dressel. Cathy has broad project development experience including engineering mining mill infrastructures.
Cathy will be based in Vancouver responsible for corporate development and representing Silvercorp to the investing community.
100,000 incentive stock options have been granted to Ms. Fong, exercisable at $1.60 per share for three years. The options are subject to a vesting schedule over 36 months.
FOR FURTHER INFORMATION PLEASE CONTACT:
Silvercorp Metals Inc.
Chairman & CEO