Silver Mines Limited (ASX: SVL) announced an update on exploratory drilling efforts and recent test findings at the Bowdens Silver Project in New South Wales.
The Southern Gold Zone is currently classified as over 450 meters long, 250 meters wide, and 15 to 85 meters thick. The zone is located near the surface to the south of Bowdens and outside the currently proposed open-cut pit, implying that future open-pit design expansions are possible. Exploration drilling will continue to search for expansions of the Southern Gold Zone to the southeast and east. According to research, in the Bowdens Silver Project's last phase of mineralization, gold is coupled with an electrum rich in silver.
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Nextgen Global Services Pty Ltd trading as Kapitales Research (ABN 89 652 632 561) is a Corporate Authorised Representative (CAR No. 1293674) of Enva Australia Pty Ltd (AFSL 424494). The information contained in this website is general information only. Any advice is general advice only. No consideration has been given or will be given to the individual investment objectives, financial situation or needs of any particular person. The decision to invest or trade and the method selected is a personal decision and involves an inherent level of risk, and you must undertake your own investigations and obtain your own advice regarding the suitability of this product for your circumstances. Please be aware that all trading activity is subject to both profit & loss and may not be suitable for you. The past performance of this product is not and should not be taken as an indication of future performance.