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Silver Mines Ltd.
Summary
| Project: | Bowdens | |
|---|---|---|
| Deposit: | Bowdens | |
| Location: | Australia | |
| Commodities: | Silver-Zinc-Lead | |
| Date: | 12/6/2017 | |
| Report Code: | JORC | |
| Report Type: | Exploration/Drilling Update | |
| Project Stage: | Pursuing Resource Increase/Upgrade | |
| Report details: | 6-12-2017: Silver Mines Ltd. announces an Exploration/Drilling Update report for its Bowdens deposit at the Bowdens project. Drilling results incl. 138m @ 0.62% Zn, 0.46% Pb, 9g/t Ag from 276m. Silver Mines Limited (“Silver Mines” or “the Company”) is ple | |
| 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 advise that it has received final assay results for hole BRD17023 and completed a second hole, BRD17083, into the induced polarisation (‘IP’) chargeability target dBRD17023 was the first drill hole completed into the IP chargeability target directly underneath the Bowdens Silver Deposit (See Figure 1). The hole recorded a significant interval of base metal mineralisation hosted within a stockwork of quartz-carbonate veins within the basement Coomber Formation. The Eastern Fault is recognised to be a significant bounding structure to mineralisation at Bowdens Silver. Several smaller zones of higher zinc and lead were also recorded. The style of base metal mineralisation is broadly consistent with that recorded from deeper drilling completed at Bundarra Deeps, located approximately 250 metres north alongirectly underneath the Bowdens Silver Deposit. Strike and now indicates continuous Bundarra Deeps style mineralisation over a 400 metre strike extent which remains open along strike and down dip. Previous announced drilling results at Bundara Deeps recorded intercepts including; Silver Mines considers that the Bundarra Deeps mineralisation including the recent results from BRD17023 represents a substantial hydrothermal base-metal system capable of hosting accumulations of massive sulphide horizons. The Company also considers that the source to both the Bundarra Deeps and Bowdens Silver mineralised systems remains to be discovered at depth further west. | |
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