Silver Mines Limited · ASX:SVL
Silver Mines — Shareholder Meeting (November 2010)
15 slides from Silver Mines's shareholder meeting presentation, Nov 30, 2010
Slide 1: Annual General Meeting November 2010
ANNUAL cane MEETING November 2010 Y» SILVER MINES LIMITED
Slide 2: Disclaimer & Qualifying Statements
This presentation contains forward looking statements that are subject to risk factors associated with mineral For personal use only Disclaimer & exploration. The information contained in this presentation is based on interpretations made by SVL’s qualified professional technical staff and should be
Slide 3: SVL 2010 Highlights
For personal use only SVL 2010 • Silver Mines Limited (ASX:SVL, PLUS:SVLP) Highlights • A silver focused Australian explorer – a NICHE market • We have remained focused on our longg term strategy gy • Continued to assess core projects in NE NSW • Management and technical team delivering outstanding
Slide 4: SVL 2010 Highlights: Webbs Silver Project
For personal use only SVL 2010 • Achieving continued excellent results at 100% owned Highlights Webbs Silver Project during 2010 • Achieved key milestone of 10 M ounces of silver at Webbs in Inferred Resource estimate • Webbs is ccurrently rrentl highest grade, grade undeveloped, nde eloped potentia
Slide 5: SVL Share Price
For personal use only SVL Share Price • Solid share p price growth g duringg 2010
Slide 6: Silver Price (USD)
For personal use only 10 Year Silver Price (USD) • Solid silver price growth during 2010 • Silver price appreciation expected to continue in 2011
Slide 7: Exploration
For personal use only EXPLORATION
Slide 8: Our Projects
• New England region of NSW - 570 km2 - Prospective, For personal use only OUR under explored p especially p y for Webbs type yp deposits p PROJECTS • Webbs Silver Project continues to deliver excellent results • Other New England projects have high priority targets ready for follow up work, includi
Slide 9: Webbs Silver Project EL5674
• EL5674 (100% SVL) For personal use only EL5674 Webbs Silver • 2,000m 2 000m mineralised corridor contains high grade pods within extensive underexplored system • 8052m RC drilling completed in 69 holes • ~420m Diamond drilling completed and ongoing • Geochemistry, geology and geophysics have defin
Slide 10: Webbs Trend EL5674
For personal use only Webbs Trend EL5674
Slide 11: Webbs Silver Resources
Webbs Resources @ 70ppm pp cut-off For personal use only EL5674 JORC Tonnes Ag Cu Pb Zn Webbs Silver Class ppm % % % Resources Inferred 1,066,000 240 0.27 0.83 1.83 I di t d Indicated 167 000 167,000 360 0 32 0.32 0 55 0.55 1 91 1.91 TOTAL 1,233,000 256 0.28 0.79 1.84 Zn 13% Pb 6% Cu 8% Ag 74% Resou
Slide 12: Webbs Cross Sections
Webbs W bb For personal use only Cross Sections Webbs South Webbs Main
Slide 13: Webbs South Resource Cross Section
Webbs South For personal use only Resource Cross Section 6751680mN
Slide 14: Webbs Silver Long Section
Webbs Silver Long Section For personal use only
Slide 15: The Future
The Future • Webbs mineralisation still open in many directions For personal use only • Drilling continuing with likely resource upgrade in June Quarter 2011 • Scoping study underway to ascertain potential for p ppit development open p • Metallurgical testwork planned to commence early 2011 • Drill