Silver Mines Limited · ASX:SVL
Silver Mines — Precious Metals Summit Beaver Creek 2024
27 slides from Silver Mines's conference presentation, Sep 10, 2024
Slide 1: Investor Marketing – Precious Metals Summit Beaver Creek
For personal use only INVESTOR MARKETING Precious Metals Summit Beaver Creek Jo Battershill – Managing Director September 10, 2024
Slide 2: Disclaimer
DISCLAIMER For personal use only The material in this presentation contains certain forecasts and forward-looking information, including regarding possible or assumed future performance or potential growth of Silver Mines Limited (“SVL”). Such information is not a guarantee of future performance and
Slide 3: Why Invest in Silver Mines Limited
WHY INVEST IN SILVER MINES LIMITED For personal use only One of the world’s largest, undeveloped silver Extensive tenement holdings – 2,115km2 at Bowdens projects and 747km2 at Tuena Resource of 189Moz silver (396 Moz AgEq)1 Bowdens Silver mineralisation remains open with outstanding drilling result
Slide 4: Corporate Information
SILVER MINES LIMITED CORPORATE INFORMATION For personal use only Share Trading History Capital Structure (ASX: SVL) 0.35 35 AUD USD 0.30 30 Shares on Issue (m) 1,510 1,510 0.25 25 Share Price ($) 9 Sept 0.09 Undiluted Market Capitalisation ($m) 135.7 90.3 XAG (US$/oz) SVL (A$/sh) 0.20 20 Cash ($m, a
Slide 5: Environmental, Social and Governance
SILVER MINES LIMITED ENVIRONMENTAL, SOCIAL AND GOVERNANCE For personal use only Strong commitments to ESG Silver Mines Limited now through collection of detailed Digbee ESG Certified baseline environmental and social information Governance policies ensure compliance with ASX Digbee ESG is the indust
Slide 6: Silver – Metal of the Future
For personal use only SILVER METAL OF THE FUTURE
Slide 7: Why Silver?
SILVER WHY SILVER? For personal use only ► Unique conductive and chemical properties ► An important industrial metal with integral roles in electrical applications in green technologies A safe haven in times Portfolio Hedge against ► Global efforts to of geopolitical risk diversification inflation d
Slide 8: Silver – The Metal of Innovation
SILVER THE METAL OF INNOVATION For personal use only Growing industrial demand from global Properties transition to decarbonisation and electrification ► Highest electrical conductivity of all metals ► Highest thermal conductivity of all metals 16% of demand in 21% of demand in Batteries Water purif
Slide 9: Key Statistics / Supply & Demand
SILVER Recyling 18% Mine production 82% KEY STATISTICS / SUPPLY & DEMAND Silver supply For personal use only ~1,220M annual consumption ► Industrial applications: electronics | solar | medicine | water purification | window manufacturing Deficit Cumulative deficit of 1,010 543Moz 2021 – 2023 ~830M a
Slide 10: Silver Photovoltaic
SILVER PHOTOVOLTAIC For personal use only PV sector consumed 19% of total supply in 2023 ► Solar energy is an Paving the way inexhaustible fuel source for electrification that is pollution free and helping 200 ► Solar capacity in China is 180 100 now greater than the rest shape the world’s 160 of th
Slide 11: Photovoltaic – More to Come
SILVER PHOTOVOLTAIC – MORE TO COME For personal use only Demand has grown despite thrifting in PV usage ► Volume of silver in a The global solar typical PV cell is now just industry is now 1/10th the 1999 amount 10 valued at over ► Global annual install of 9 solar capacity was 30GW $350bn per 8 in 2
Slide 12: Bowdens Silver Project – High Tech Metals
BOWDENS SILVER PROJECT HIGH TECH METALS For personal use only Bowdens Silver falls under the New South Wales Government’s Critical Minerals and High-Tech Metals Strategy Establishing NSW as a world … identify critical minerals as an leader for investment in emerging sector and represents a sustainab
Slide 13: Introduction to Bowdens Silver Project
For personal use only INTRODUCTION TO BOWDENS SILVER PROJECT
Slide 14: Bowdens Silver Project
SILVER MINES LIMITED BOWDENS SILVER PROJECT For personal use only Bowdens Silver Project Asset Location Bowdens Silver Project One of world’s largest located in central New undeveloped silver South Wales, Australia deposits with 189Moz silver (396Moz AgEq) in Project 100% owned resource Development
Slide 15: Bowdens Silver Project Overview
BOWDENS SILVER PROJECT OVERVIEW For personal use only Highlights Timeline of major milestones Sept 2017 Jun 2018 Mar 2023 Aug 2024 The largest silver development project in Australia Mineral Resource Court of Appeal Mineral Resource Feasibility Study completed (275 completed upgrade (396 invalidates
Slide 16: Bowdens Silver Project Optimisation Program
BOWDENS SILVER PROJECT OPTIMISATION PROGRAM For personal use only 2018 Feasibility Study1 Optimisation Program 29.9Mt Ore Updated mine Reserve of 29.9Mt Metallurgical flotation 16.5-yr life optimisation and from Feasibility Study optimisation program design ongoing to be updated in H2 targeting incr
Slide 17: Bowdens Silver Exploration – Strike and Depth Extensions
BOWDENS SILVER EXPLORATION STRIKE AND DEPTH EXTENSIONS For personal use only 17
Slide 18: Bowdens Silver Project Key Conclusions
BOWDENS SILVER PROJECT KEY CONCLUSIONS For personal use only ► Largest silver ► Considerable ► Bowdens Feasibility ► 2Mtpa project development project exploration potential Study completed in producing ~53Moz in Australia 2018 Ag over LOM and ► Large mineralised ~5Moz p.a. in the ► Resource of 396 M
Slide 19: Regional Exploration – A Major Mineralised System
For personal use only REGIONAL EXPLORATION A MAJOR MINERALISED SYSTEM
Slide 20: Bowdens Silver Project Regional Geology
BOWDENS SILVER PROJECT REGIONAL GEOLOGY For personal use only Extensive tenement holding (2,115 km2 = 521,000 acres) 100% controlled by Silver Mines Wide range of prospective deposit types Eastern limb of the Macquarie Arc - potential for significant mineralisation Mid-Carboniferous Rylstone Volcani
Slide 21: Regional Targets Exploration
REGIONAL TARGETS EXPLORATION For personal use only Coomber Barabolar Bara Creek ► Mineralisation from ► Extensive copper-gold ► Situated on the Bowdens surface - Bowdens Silver anomalism including Silver caldera northern analogue mineralised skarn over rim 5000 x 800 metres ► Historical drilling by
Slide 22: Tuena Gold Project
SILVER MINES LIMITED TUENA GOLD PROJECT For personal use only Location Limited modern drilling South of Blayney, NSW Best hit 4m @ 6.9g/t Historic goldmine Previously unrecorded historic minimal work in modern era workings identified Geological analogies Airborne magnetics to McPhillamys Gold Projec
Slide 23: For personal use only
For personal use only Registered Office: P: +61 2 8316 3997 Level 28, 88 Phillip Street Sydney NSW 2000 F: +61 2 8316 3999 Postal Address E: info@silvermines.com.au GPO Box 255 Sydney NSW 2000 W: www.silvermines.com.au Australian Company Number 107 452 942
Slide 24: Appendix
For personal use only APPENDIX
Slide 25: Appendix 1: Bowdens Silver Mineral Resources
APPENDIX 1: BOWDENS SILVER MINERAL RESOURCES (AS AT MARCH 2023) For personal use only Million Million Tonnes Silver Eq. Silver Zinc Lead Gold 30 g/t Ag Eq Cut Ounces Ounces (Mt) (g/t) (g/t) (%) (%) (g/t) Silver Silver Eq. Measured 107 68 40 0.36 0.25 0.03 137 235 Indicated 50 55 20 0.38 0.26 0.09 33
Slide 26: Appendix 2: Bowdens Silver Ore Reserve
APPENDIX 2: BOWDENS SILVER ORE RESERVE (AS AT MAY 2018) For personal use only Silver Eq. Silver Tonnes Silver Eq. Silver Zinc Lead Zinc Lead Million Million (Mt) (g/t) (g/t) (%) (% ) Kilo-tonnes Kilo-tonnes Ounces Ounces Proved 28.6 102.2 69.75 0.44 0.32 93.85 64.05 125.11 91.43 Probable 1.3 84.4 53
Slide 27: Competent Persons Statements
COMPETENT PERSONS STATEMENTS For personal use only Mineral Resources Ore Reserve Exploration and Drill Results The information in this report that relates to Mineral Resources is The information in this report that relates to Ore Reserves within The information in this report that relates to mineral
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