SVL announces significant bulk sampling and blast hole results at Bowdens Silver Project, NSW
Project Name: Bowdens Silver Project
Project Location: NSW, Australia
Project Stage: Advanced Exploration
ProjectBank Summary:
Silver Mines Limited (ASX: SVL) is pleased to announce an update on project development activities and recent assays from the Bowdens Silver Project. The Bowdens Silver Project is located 26 kilometres east of Mudgee in Central NSW. The first drill and blast works have been conducted at the project to collect bulk samples for ongoing optimisation work and ore-sorting trials. Representative samples were extracted from both high and low-grade Mineral Resource Estimate (MRE) blocks in the south of Main Zone.
Silver Mines Highlights:
First drill and blast works conducted at the Bowdens Silver Project to collect bulk samples for ongoing optimisation work and ore-sorting trials.
Representative samples extracted from both high and low-grade Mineral Resource Estimate (MRE) blocks in the south of Main Zone.
Assays from blast hole samples highlight potential conservatism within the MRE with high-grade results averaging 43% higher than block model grades.
One metre assays of blast holes include:
671 g/t Ag Eq. (Incl. 649g/t Ag, 0.02% Zn and 0.64% Pb)
549 g/t Ag Eq. (Incl. 516g/t Ag, 0.44% Zn and 0.33% Pb)
521 g/t Ag Eq. (Incl. 444g/t Ag, 1.05% Zn and 0.75% Pb)
479 g/t Ag Eq. (Incl. 355g/t Ag, 1.39% Zn and 1.64% Pb)
446 g/t Ag Eq. (Incl. 324g/t Ag, 1.64% Zn and 1.22% Pb)
435 g/t Ag Eq. (Incl. 423g/t Ag, 0.06% Zn and 0.27% Pb)
427 g/t Ag Eq. (Incl. 384g/t Ag, 0.36% Zn and 0.74% Pb)
Results demonstrate potential for significant upside in Bowdens Silver mining scenarios.
MD/CEO Statement:
Jonathan Battershill, Managing Director, commented: "These significant bulk sampling and blast hole results are a strong endorsement of the Bowdens Silver Project's potential. The higher-than-expected grades from the blast hole assays suggest considerable upside to our Mineral Resource Estimate. We are committed to advancing the project through detailed optimisation work and ore-sorting trials to fully realise its value."
