Silvercorp to Announce Third Quarter Results on February 2, 2017

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NEWS RELEASE

Trading Symbol: TSX: SVM

Silvercorp to Announce Third Quarter Results on February 2, 2017

VANCOUVER, British Columbia – February 1, 201 7 – Silvercorp Metals Inc. ("Silvercorp ” or the

“Company”) (TSX: SVM) announces that its unaudited financial and operating results for the period

ended December31, 2016 will be released on Thursday, February 2, 2017 after the market close.

About Silvercorp Metals Inc.

Silvercorp is a low -cost silver -producing Canadian mining company with multiple mines in

China. The Company’s vision is to deliver shareholder value by focusing on the acquisition of

under developed projects with resource potential and the ability to grow organically. For more

information, please visit our website at www.silvercorpmetals.com

Investor Contact

Silvercorp Metals Inc.

Gordon Neal, Vice President, Corporate Development

Phone: (604) 669-9397

Toll Free 1(888) 224-1881

Email: [email protected]

Website: www.silvercorp.ca.