Silvercorp Metals Inc. announced changes to its senior management and board of directors. To focus on his role as Chairman of the Board of Directors, providing the company with leadership and strategic guidance, Dr. Rui Feng is relinquishing the Chief Executive Officer role. The Board of Directors has appointed Myles Gao, Silvercorp's President, as the new Chief Executive Officer.

Mr. Gao, P.Geo., first joined Silvercorp as President in 2003 and has also held the position of Chief Operating Officer. The company is also announced the appointment of Malcolm Swallow, P.Eng., to its board of directors. From 2008 to 2012 he was a Director and VP Development at Inter-Citic Minerals.

Mr. Swallow's appointment maintains the number of directors on the board at seven, as Dr. Robert Gayton, 73, has tendered his resignation in order to lighten his workload and move towards semi - retirement. The Board of Directors has accepted Dr. Gayton's resignation.