- Silver Mines (SVL) intersects up to 1825 grams of silver per tonne (g/t) from the Bowdens Silver Project in New South Wales
- Diamond drilling is continuing with work aiming to test the potential for high-grade resource extensions
- Primary focus was on the Aegean Zone and the Northwest High-Grade Zone
- As well as the high-grade silver, up to 1.38 per cent lead, 2.60 per cent zinc and 0.12g/t gold was intersected
- Silver Mines is down 4.26 per cent on the market with shares trading at 22.5 cents at 12:10 pm AEST
Silver Mines (SVL) has intersected up to 1825 grams of silver per tonne (g/t) from the Bowdens Silver Project in New South Wales (NSW).
Diamond drilling is continuing at the project with work aiming to test the potential for high-grade resource extensions.
Primary focus was on the Aegean Zone and the Northwest High-Grade Zone.
Aegean Zone
Partial results have been received from the Aegean Zone with prior results peaking at 2360g/t silver.
Best new results include four metres at 980g/t silver from 311 metres including two metres at 1825g/t silver from 313 metres.
Northwest High-Grade Zone
Drilling was undertaken at the Northwest High-Grade Zone to test for further eastern extensions.
The zone measures up to 20 metres in thickness, 200 metres in width and plunges to a depth of 300 metres.
Best results include 1.6 metres at 149g/t silver, 1.38 per cent lead and 2.60 per cent zinc from 81 metres and 5.2 metres at 317g/t silver, 0.32 per cent lead, 0.01 per cent zinc and 0.12g/t gold from 274 metres.
According to the company, drilling is continuing to prove the continuity between both zones.
Silver Mines was down 4.26 per cent on the market with shares trading at 22.5 cents at 12:10 pm AEST.