| Announcement Date: | 2022-03-28 |
|---|---|
| Announcement Type: | Drilling Results |
| Announcement Code: | NI43-101 |
| Company name: | Silver Mines Ltd. |
| Project name: | Bowdens |
| Location: | Australia |
| Commodities: | Gold |
| Highlight: | Drilling results incl. 116m @ 0.31g/t Au from 223m |
| Resources: | only available to subscribers |
| CP/QP: | only available to subscribers |
| Announcement summary: | Silver Mines Limited (ASX:SVL) (“Silver Mines” or “the Company”) is pleased to announce recent assay results from the underground resource drilling program at the Bowdens Silver Project located near Mudgee in New South Wales. Diamond drilling has continued to test mineralised zones for potential underground mining scenarios at the Bowdens Silver Deposit, with a recent focus on the Bundarra Zone. The Bundarra Zone is dominated by wide zones of high-grade zinc and lead mineralised lenses associated with gold, silver and more recently copper. Targets (Aegean, Northwest and Bundarra Zones) are situated below the bulk-tonnage open-pit Ore Reserve of the Bowdens Deposit. Results have been received for holes BD21039, BD21041, BD21042, BD21043, BD21044, BD21045, BD21046, BD21048 and BD22004 (refer to Figure 1). The resource drilling has focused on the Aegean and Northwest Zones |
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