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- Drilling results for Silver Mines (SVL) New South Wales-based Bowdens silver project have been released, showing first-time copper mineralisation
- The study found quartz sulphide vein style mineralisation at depth, with significant copper intersections
- Results include 2.4 metres at 1520 grams per tonne (g/t) of silver equivalent at 269g/t silver, 15.80 per cent zinc, 10.33 per cent lead, 0.78 per cent copper and 0.42g/t gold
- Drilling will continue into the first half of 2022 with four drill rigs operational to deliver maiden underground mineral resource estimation
- Silver Mines have rose 3.57 per cent and are trading at 21.8 cents a share
Drilling results for Silver Mines (SVL) New South Wales-based Bowdens silver project have been released, showing first-time copper mineralisation.
The study found quartz sulphide vein style mineralisation at depth, with significant copper intersections.
Diamond drilling has continued to test mineralised zones for potential underground mining scenarios at the Bowdens Silver Deposit, with a focus on the Northwest Zone, Aegean Zone and Bundarra Zone.
The Bundarra zone, where this campaign was focused, contained a series of base metals, including zinc and lead dominant sulphide lenses below the current silver–zinc-lead resource
Results included 2.4 metres at 1520 grams per tonne (g/t) of silver equivalent at 269g/t silver, 15.80 per cent zinc, 10.33 per cent lead, 0.78 per cent copper and 0.42g/t gold.
This hole intersection includes one metre at 2282g/t silver equivalent at 398g/t silver, 22.90 per cent zinc, 16.80 per cent lead, 1.06 per cent copper and 0.82g/t gold from 298 metres.
Drilling will continue into the first half of 2022 with four drill rigs operational to deliver maiden underground mineral resource estimation as part of the initial scoping study of underground mining scenarios.
The Aegean to Northwest Zone is dominated by high-grade silver vein systems of substantial widths, while the Bundarra Zone is dominated by wide zones of high-grade zinc and lead mineralised lenses, associated with gold and silver.
Silver Mines have risen 3.57 per cent and were trading at 21.8 cents a share at 12:43 pm AEDT.
