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Silver Mines Limited (ASX:SVL)

ALERT: Price-sensitive ASX Announcement for SVL
Current share price for SVL : $0.155 0 (0%)+
Announcement
Release
19 Nov 2025 9:09AM
Price at Release
$0.155
Full Release
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Summary
Silver Mines Limited has announced the results from their recent diamond drilling at the Bowdens Silver Deposit, located east of Mudgee in New South Wales. The drilling program returned the largest silver mineralized intercept ever recorded at the site since its discovery in 1989. Drill hole BD25007 revealed a significant intercept of 116 meters grading 245 grams per tonne (g/t) of silver, 0.48% lead, and 0.29% zinc from 75 meters, including higher-grade sections. This discovery surpasses previous records and underscores the quality of the Bowdens Silver Deposit. The project is positioned to benefit from current high silver and gold prices, with further drilling programs planned to explore high-grade areas within and around the current resource.
Key Points
  • Record-breaking silver intercept found at Bowdens Silver Deposit.
  • BD25007 drill hole returned 116m @ 245g/t Ag, 0.48% Pb, 0.29% Zn.
  • Previous best intercept was 145m @ 144g/t Ag, 0.33% Pb, 0.17% Zn.
  • Located 26km east of Mudgee in New South Wales.
  • Part of a geometallurgical and geotechnical drilling program.
  • Drilling program aimed at first 10 years of production.
  • Further infill and extension drilling planned.
  • Bowdens Silver is the largest undeveloped silver deposit in Australia.
IMPORTANT NOTE: This information is autogenerated and has not been reviewed for accuracy or completeness. You should refer to the full announcement here for further information.