Silver Mines Limited has issued an update on its exploration drilling activities at the Bowdens Silver Project.
Silver Mines reported that the drilling focussed on testing extensions to higher-grade mineralisation outside the current planned open-pit cut design.
According to the company, drilling to test for extensions to mineralisation at the Aegean Zone intersects the highest-grade silver drilled within the zone to date.
It noted that the Aegean, Northwest and Bundarra Zones remain areas of mineralisation that are open in many orientations and as such, continue to be targeted for diamond drilling.
Drilling has also focussed on the potential for continuation to higher-grade mineralisation outside the current ore reserve, predominantly as extensions to the underground Mineral Resource Estimate (MRE).
Silver Mines added that the new drill intercept situated at the northern edge of the recently announced MRE for the Bowdens project provides further extensional exploration targets for the company.
Bowdens targets currently include extensions to the underground MRE where it remains open, including the Southern Gold Zone and regional exploration targets defined in a previous seismic survey.
The seismic survey falls under the company’s research and development programs designed to increase the predictivity of mineralisation and geometallurgical factors at depth.
Multiple target styles and mineral occurrences have potential throughout the district including analogues to Bowdens Silver, high-grade silver-lead-zinc epithermal and volcanogenic massive sulphide systems and copper-gold targets.
Bowdens is considered one of the largest silver deposits in Australia, with substantial resources and a considerable body of high-quality technical work already completed.
The project area consists of 480,000 acres of titles covering approximately 80 km of strike of the highly mineralised Rylstone Volcanics.
