Silver Mines Begins Bowdens Underground Scoping Study
ADVERTISEMENT
The Assay - Mining investment news, insights and company profiles
Mining investment news, insights and company profiles
No Result
View All Result
Subscribe
  • Home
  • News
    • All News
    • Gold
    • Silver
    • Copper
    • Nickel
    • Lithium
    • Precious Metals
    • Base Metals
    • Battery Metals
    • Exploration
    • Development
    • Production
  • Articles
  • Assay Insights
  • Videos
    • CEO Interviews
    • Investor Panels & Presentations
  • Company Profiles
  • Magazine
  • Newsletter
  • 121 Mining Investment
  • About
    • About Us
    • Our Team
    • Contact Us
    • Partners
The Assay - Mining investment news, insights and company profiles
  • Home
  • News
    • All News
    • Gold
    • Silver
    • Copper
    • Nickel
    • Lithium
    • Precious Metals
    • Base Metals
    • Battery Metals
    • Exploration
    • Development
    • Production
  • Articles
  • Assay Insights
  • Videos
    • CEO Interviews
    • Investor Panels & Presentations
  • Company Profiles
  • Magazine
  • Newsletter
  • 121 Mining Investment
  • About
    • About Us
    • Our Team
    • Contact Us
    • Partners
No Result
View All Result
Subscribe
The Assay - Mining investment news, insights and company profiles
No Result
View All Result
Home News

Silver Mines Begins Bowdens Underground Scoping Study

byThe Assay
2 years ago
Reading Time: 3 mins read
Silver Metals Begins Bowdens Underground Scoping Study

Ongoing Outstanding Drilling Success Boosts Underground Potential

Silver Mines Limited (ASX:SVL) has commissioned a Scoping Study and associated Mineral Resources assessment for potential underground mining scenarios at the Bowdens Silver Project located near Mudgee in New South Wales.

Silver Mines Managing Director Anthony McClure stated, Tthis is a substantial moment in the evolution of the Bowdens Silver Project. Drilling in three zones directly beneath our open-pit Ore Reserves has shown considerable high-grade silver success and over substantial widths. This success allows us to move rapidly to commence a preliminary Mineral Resource assessment along with a Scoping Study for potential underground development scenarios. This program will not affect our current late-stage approval processes for the Bowdens Silver open-pit development.”

Recent outstanding drilling results from the Bowdens Silver Project has prompted the company to commence a Mineral Resource assessment and Scoping Study for potential underground mining scenarios.

H&S Consultants who estimated the current JORC Mineral Resource for the Bowdens Silver Project, have been engaged to advise and undertake an assessment of high-grade silver drilling results to complete a Mineral Resource. This estimate will focus on mineralisation outside of the current open-pit Ore Reserve and will include the Northwest High-Grade Zone, the Aegean Zone and the Bundarra Zone.

The Scoping Study will commence immediately and will complete subject to final results of the drilling program and the Mineral Resource assessment which are scheduled to be completed later in the 2021 calendar year.

The Scoping Study will be undertaken by; • GR Engineering Services Limited – Project Lead and Engineering; • Entech Pty Ltd – Mine Design; • KYSPYmet – Metallurgy • Neville Bergin – Project Management

 The Scoping Study will consider potential underground mining scenarios beneath the planned open-pit development currently undergoing final processes for mine approvals. Although yet to be determined, a concept may be for a planned underground development to commence operations in around years 3-4 of the open-pit development to supplement plant feed with high-grade material at a rate of up to 500,000 tonnes per year.

Silver Mines Managing Director, Anthony McClure, added that an alternative would be for an underground development at the end of the open-pit mine life. The 30,000m drilling programme, the Resource Assessment and Scoping Study will not have any effects on the ongoing approval process for the Bowdens Silver open-pit development currently before the New South Wales Department of Planning, Industry and Environment.

 “Assuming the ongoing success of the current drilling, the Mineral Resource Assessment and the Scoping Study, we would then look to a potential Feasibility Study and other assessments for a potential underground development,” Mr McClure said/

“Although we have much work to do to demonstrate an economic underground project, the results to date are so highly encouraging, that we have elected to move rapidly to commence the Mineral Resource Assessment and Scoping Study while the on-site drilling programme continues.”

For further information please visit: https://www.silvermines.com.au/

Tags: ASX:SVLAustraliaDevelopmentNSWSilver
TweetShareSend
Previous Post

Aldoro Intersects Massive Sulphides In Maiden Hole At The VC1 Target

Next Post

Mkango To Acquire 100% Of Songwe Hill Rare Earths Project And Maginito

Related Posts

Mantaro Completes Drill Pad Construction at Santas Gloria Ahead of 2500m Drill Programme
News

Mantaro Completes Drill Pad Construction at Santas Gloria Ahead of 2500m Drill Programme

byColin Sandell-Hay, Contributor - The Assay
3 June, 2023
American Rare Earths Halleck Creek Tests Pave Way Towards Commercial Success
News

American Rare Earths Halleck Creek Tests Pave Way Towards Commercial Success

byColin Sandell-Hay, Contributor - The Assay
2 June, 2023
Nickel Creek Platinum Mineral Updates Nickel Shäw Project Resource Estimate
News

Nickel Creek Platinum Mineral Updates Nickel Shäw Project Resource Estimate

byColin Sandell-Hay, Contributor - The Assay
2 June, 2023
QMines Achieves Industry Leading Copper-Gold Recoveries at Mt Chalmers
News

QMines Achieves Industry Leading Copper-Gold Recoveries at Mt Chalmers

byColin Sandell-Hay, Contributor - The Assay
1 June, 2023
US and Australia Partner to Ramp Up Clean Energy Efforts
Feature Story

US and Australia Partner to Ramp Up Clean Energy Efforts

bySarah Vega - Content Writer, The Assay
31 May, 2023
PNX Metals Returns Multiple High-Grade Surface Samples over 100g/t at C6 Prospect
News

PNX Metals Returns Multiple High-Grade Surface Samples over 100g/t at C6 Prospect

byColin Sandell-Hay, Contributor - The Assay
31 May, 2023
Next Post
Mkango To Acquire 100% Of Songwe Hill Rare Earths Project And Maginito

Mkango To Acquire 100% Of Songwe Hill Rare Earths Project And Maginito

Popular Articles

  • Mixed Forecasts for 2023 Copper Price Levels

    Mixed Forecasts for 2023 Copper Price Levels

    0 shares
    Share 0 Tweet 0
  • The Assay Guide to Palladium vs Platinum

    0 shares
    Share 0 Tweet 0
  • The Assay’s Guide to Manganese Mining and Production

    0 shares
    Share 0 Tweet 0
  • Chinese EVs Storm the European Market

    0 shares
    Share 0 Tweet 0
  • Zinc Mining & Market Outlook 2022-2025

    0 shares
    Share 0 Tweet 0
  • Home
  • News
  • Articles
  • Investor Discussions
  • CEO Interviews
  • Company Profiles
  • Newsletter
  • Magazine
  • About Us
  • Our Team
  • Contact Us
Hyve logo

Please note: This Web site and The Assay magazine and the information and materials on this Web site and in The Assay magazine are not, and should not be construed as, an offer to buy or sell, or as a solicitation of an offer to buy or sell, any regulated products, securities or investments. This Web site and The Assay Magazine do not, and should not be construed as acting to, sponsor, advocate, endorse or promote any regulated products, securities or investments. This Web site and The Assay magazine and the information and materials on this Web site and in The Assay magazine do not, and shall not be construed as, making any recommendation or providing any investment or other advice with respect to the purchase, sale or other disposition of any regulated products, securities or investments, including, without limitation, any advice to the effect that any mining or metals related transaction is appropriate or suitable for any investment objective or financial situation of a prospective investor. A decision to invest in any regulated products, securities or investments should not be made in reliance on any of the information or materials on this Web site or in The Assay magazine. Before making any investment decision, prospective investors should seek advice from appropriately qualified and licensed financial, legal, tax and accounting advisers, take into account their individual financial needs and circumstances and carefully consider the risks associated with such investment decision.

Privacy Policy
Cookies
Hong Kong Residents Privacy Statement

© 2023 The Assay

No Result
View All Result
  • Home
  • News
    • All News
    • Gold
    • Silver
    • Copper
    • Nickel
    • Lithium
    • Precious Metals
    • Base Metals
    • Battery Metals
    • Exploration
    • Development
    • Production
  • Articles
  • Assay Insights
  • Videos
    • CEO Interviews
    • Investor Panels & Presentations
  • Company Profiles
  • Magazine
  • Newsletter
  • 121 Mining Investment
  • About
    • About Us
    • Our Team
    • Contact Us
    • Partners

Please note: This Web site and The Assay magazine and the information and materials on this Web site and in The Assay magazine are not, and should not be construed as, an offer to buy or sell, or as a solicitation of an offer to buy or sell, any regulated products, securities or investments. This Web site and The Assay Magazine do not, and should not be construed as acting to, sponsor, advocate, endorse or promote any regulated products, securities or investments. This Web site and The Assay magazine and the information and materials on this Web site and in The Assay magazine do not, and shall not be construed as, making any recommendation or providing any investment or other advice with respect to the purchase, sale or other disposition of any regulated products, securities or investments, including, without limitation, any advice to the effect that any mining or metals related transaction is appropriate or suitable for any investment objective or financial situation of a prospective investor. A decision to invest in any regulated products, securities or investments should not be made in reliance on any of the information or materials on this Web site or in The Assay magazine. Before making any investment decision, prospective investors should seek advice from appropriately qualified and licensed financial, legal, tax and accounting advisers, take into account their individual financial needs and circumstances and carefully consider the risks associated with such investment decision.

Privacy Policy
Cookies
Hong Kong Residents Privacy Statement

© 2023 The Assay