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    • Delayed Prices (USD) - Last Updated 23-05-2022
    • Gold $1,846.70
    • Silver $21.77
    • Platinum $954.00
    • Palladium $1,889.00
    • Dalian Iron Ore i2209 $125.95
    • Aluminium $2,946.00
    • Cobalt $75,000.00
    • Copper $9,422.00
    • Lead $2,160.00
    • Nickel $27,973.00
    • Tin $34,665.00
    • Zinc $3,707.00

    Silver Mines extends Bundarra Zone mineralisation with bonanza grades

    Silver Mines Limited (ASX: SVL) reports that an ongoing underground resource drilling program at its Bowdens Silver Project in New South Wales has further expanded mineralisation at the Bundarra Zone.

    Results include quartz-sulphide-vein-style mineralisation, along with a ‘significant’ copper intersection, which represents a first at the project.

    Standout intersections from Bundarra include:

    • Hole BD21042:
      • 2.4m @ 1,520 g/t Ag equivalent (269 g/t Ag, 15.80% Zn, 10.33% Pb, 0.78% Cu and 0.42 g/t Au) from 297.3m; including
        • 1m @ 2,282 g/t Ag equivalent (398 g/t Ag, 22.90% Zn, 16.80% Pb, 1.06% Cu and 0.82 g/t Au) from 298m; and
      • 1.5m @ 869 g/t Ag equivalent (98 g/t Ag, 14.49% Zn, 0.20% Pb, 0.30% Cu, and 0.14 g/t Au) from 327.1m
    • Hole BD21039:
      • 4.6m @ 338 g/t Ag equivalent (24 g/t Ag, 3.67% Zn, 1.47% Pb and 0.98 g/t Au) from 406m; and
      • 8.1m @ 193 g/t Ag equivalent (18 g/t Ag, 1.82% Zn, 1.45% Pb and 0.41 g/t Au) from 416.9m
    • Hole BD21038:
      • 1m @ 740 g/t Ag equivalent (343 g/t Ag, 5.29% Zn and 3.74% Pb) from 107metres; and
      • 6m @ 244 g/t silver equivalent (26 g/t Ag, 2.43% Zn, 2.50% Pb and 0.12 g/t Au) from 374m; including
        • 1m @ 478 g/t Ag equivalent (59 g/t Ag, 3.78% Zn, 6.0% Pb and 0.38 g/t Au).

    The company is currently working towards a maiden underground resource at Bowdens, which it hopes will establish the mine as both an open pit and underground operation.

    Four drill rigs are currently working on site, targeting ‘high-grade’ veins and feeder zones outside of the current open pit ore reserve in the project’s north, central, and southern regions.

    A scoping study is expected to be delivered in the first half of 2022, following the completion of resource drilling.

    Images: Silver Mines Limited
    Jonathan Norris
    Jonathan is a founder of Mining.com.au and has been covering the resources industry since 2018. With over 17 years experience in print, broadcast and online media, Jonathan has seen first hand the transformative effect of online niche media.

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    • Delayed Prices (USD) - Last Updated 23-05-2022
    • Gold $1,846.70
    • Silver $21.77
    • Platinum $954.00
    • Palladium $1,889.00
    • Dalian Iron Ore i2209 $125.95
    • Aluminium $2,946.00
    • Cobalt $75,000.00
    • Copper $9,422.00
    • Lead $2,160.00
    • Nickel $27,973.00
    • Tin $34,665.00
    • Zinc $3,707.00