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Silver Mines Limited (ASX:SVL)

ALERT: Price-sensitive ASX Announcement for SVL
Current share price for SVL : $0.175 0.04 (29.63%)+
Announcement
Release
2 Jul 2026 2:27PM
Price at Release
$0.135
Full Release
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Summary
Silver Mines Limited announced a significant update regarding the Bowdens Silver Project, Australia’s largest undeveloped silver deposit. The company has refreshed its ecological surveys to comply with the Biodiversity and Conservation Act 2016 (NSW) and submitted an updated Biodiversity Development Assessment Report. This step aligns with their ongoing process to gain redetermination approval from the Independent Planning Commission of NSW. The project, located in central New South Wales, promises to be a major employment source in the region, with over 300 jobs during construction and more than 200 during operation. The Bowdens Definitive Feasibility Study is also nearing completion, indicating continued progress towards full project realization.
Key Points
  • Silver Mines Limited updates on Bowdens Silver Project.
  • The company refreshed ecological surveys for compliance with the Biodiversity and Conservation Act 2016 (NSW).
  • An updated Biodiversity Development Assessment Report (BDAR) has been submitted.
  • The project is a significant employment opportunity in the region.
  • Bowdens Silver Project is the largest undeveloped silver deposit in Australia.
  • Project area comprises 2,115 km² in central New South Wales near Mudgee.
  • The project is undergoing a redetermination process with the Independent Planning Commission of NSW.
  • The Bowdens Definitive Feasibility Study is nearing completion.
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.