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Silver Mines Ltd.
Summary
| Project: | Bowdens | |
|---|---|---|
| Deposit: | Bowdens | |
| Location: | Australia | |
| Commodities: | Silver-Zinc-Lead | |
| Date: | 2/5/2018 | |
| Report Code: | JORC | |
| Report Type: | Exploration/Drilling Update | |
| Project Stage: | Pursuing Resource Increase/Upgrade | |
| Report details: | 5-2-2018: Silver Mines Ltd. announces an Exploration/Drilling Update report for its Bowdens deposit at the Bowdens project. Drilling results incl. 12m @ 1.12% Zn, 0.55% Pb, 17g/t Ag, 0.64g/t Au from 153m. Silver Mines Limited (“Silver Mines” or “the Compa | |
| Resources: | (not mentioned in this report) | |
| CP/QP: | [Overall Report]: Scott Munro (Internal) | |
| ABSTRACT: | Silver Mines Limited (“Silver Mines” or “the Company”) is pleased to provide an update to the drilling program testing the Bowdens Silver Induced Polarisation (‘IP’) chargeability target Silver Mines Limited ABN: 45 107 452 942 Page 2 associated with the Bundarra Deeps base metal mineralised zone located at depth beneath the Bowdens Silver deposit. The Company has completed three from four preliminary reverse circulation (‘RC’) pre-collared diamond core holes (BRD17023, BRD17083, BRD17091), and has commenced the fourth hole (BRD17095). Final assay results for holes BRD17083, BRD17091 and a portion of BRD17095 (0 metres to 417 metres) have been returned. Additionally, previous diamond hole BD17014 was extended. The results for BRD17023 were reported to the ASX on 6th December 2017. Previous announced drilling results at Bundarra Deeps recorded intercepts including; The Bundarra Deeps mineralisation occurs as an extensive, stockwork vein hosted, moderately west dipping body of base-metal dominant mineralisation above the Eastern Fault which encompasses smaller, tabular, gently west dipping zones of semi-to massive base metal mineralised horizons. The hole intersected weak intervals of quartz-carbonate vein hosted base metal mineralisation within the basement Coomber Formation. The IP anomaly was explained by strong pyrite mineralisation associated with the Eastern Fault. | |
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