Silver Mines Limited · ASX:SVL
Silver Mines — Mines and Money Americas Conference 2016
26 slides from Silver Mines's conference presentation, Sep 28, 2016
Slide 1: Toronto Conference Presentation
Level 11, 52 Phillip St Sydney NSW 2000 P: +61 2 8316 3997 F: +61 2 8316 3999 Info@silvermines.com.au www.silverminesltd.com.au 28th September 2016 Company Announcement Officer ASX Limited Exchange Centre 20 Bridge Street SYDNEY NSW 2000 TORONTO CONFERENCE PRESENTATION Silver Mines Limited (ASX:SVL)
Slide 2: Building the largest pure silver company in Asia-Pacific
“Building the largest pure silver company in Asia-Pacific”
Slide 3: Disclaimer
Disclaimer 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 involve unknown risks
Slide 4: Silver Mines Limited Strategy
Silver Mines Limited Strategy • The only primary silver focussed company of substance in the Asia-Pacific region • Acquisition of complimentary silver assets at cyclical lows • Buying silver ounces for cents/ounce ‘in the ground’ • Targeted consolidation of silver deposits in Australia • Bottom of t
Slide 5: Board of Directors
Board of Directors Keith Perrett, Chairman Mr Perrett has had a long involvement in agriculture as a producer and industry leader at local, state, national and international levels. He was formerly Chairman of the Grains Research and Development Corporation (GRDC), the National Rural Advisory Counci
Slide 6: Silver Mines Limited Structure
Silver Mines Limited Structure
Slide 7: New South Wales Silver Consolidation
New South Wales Silver Consolidation
Slide 8: Silver Mines Limited Resource Inventory
Silver Mines Limited Resource Inventory (Refer to Appendices 1, 2 & 3)
Slide 9: Project Location and Title Package
Bowdens Silver Project Location and Title Package
Slide 10: Bowdens Silver Project
Bowdens Silver Project • The largest undeveloped silver deposit in Australia and one of the largest globally • Kingsgate purchased from Silver Standard for A$75 million • Approximately A$60 million spent on the project to date • Freehold land mostly purchased • Transaction consolidates 80kms of stri
Slide 11: Bowdens Silver Project
Bowdens Silver Project • Resource of 134 Moz of silver (182 Moz of silver equivalent) • New drilling including resource, metallurgical and sterilisation drilling • Feasibility Study +80% complete • Environmental Impact Statement +80% complete • Flat lying deposit at surface – easy to mine and very l
Slide 12: Bowdens Silver Resource
Bowdens Silver Resource (Refer to Appendix 1 for further details) • Kingsgate resource based on 63,000 metres drilling (65% by Silver Standard, 20% by Kingsgate) • Eastern flank of resource presents high grade ore from surface and first three years could be pushed to ~80- 90g/t Ag vastly improving e
Slide 13: Long Section
Bowdens Silver Long Section Deep Zone high grade zone in basement Ordovician shales. Peak assays of: 197g/t Ag 5.5% Pb 6.52g/t Au 0.3% Cu 9.0% Zn
Slide 14: Cross Section
Bowdens Silver Cross Section
Slide 15: Cross Section
Bowdens Silver Cross Section
Slide 16: Cross Section
Bowdens Silver Cross Section
Slide 17: Previous Feasibility Works
Bowdens Silver Previous Feasibility Works • Managed by Ausenco • MPR Geological (Resources), AMC (Mining), Coffey (Tailings), RW Corkery (Environment), SKM (Water) and others • Halted in mid 2013 with silver price downturn • Circa A$25 million expenditure (including drilling) • “Rolls Royce” approac
Slide 18: Current Programs
Bowdens Silver Current Programs • Fast-track to mine development commenced • Initial pit optimisations completed; • Full revision and recommencement of feasibility work commenced; • Targeting capital cost effective development with enhanced project economics; • Environmental Impact Statement recomme
Slide 19: Exploration Upside
Bowdens Silver Exploration Upside • Outstanding regional exploration package ignored by previous operators (concentrating on Bowdens development) • ~ 80 kms of strike length of mineralised structures under-explored • Potential for: • Large disseminated deposits hosted in Rylstone Volcanics like Bowd
Slide 20: Exploration Upside
Bowdens Silver Exploration Upside • More than 30 metal mineral Bara Targets occurrences within 8kms of Bowdens • Large scale target areas untested in Bowdens NW Target Rylstone Volcanics including: Bowdens North Target • Bowdens North • Bowdens Northwest, Duagh Target • Bowdens South and • Duagh Tar
Slide 21: Exploration Upside
Bowdens Silver Exploration Upside Coomber Prospect Drill Results • 40 drill holes for 2645 metres • Drilling by CRA in early 1990’s, yet to be followed up • Circa 10kms from Bowdens • Mineralisation from surface and analogous to Bowdens Silver
Slide 22: Conclusion
Conclusion • Management proven strategy of significant shareholder wealth creation • Targeted regional consolidation with ‘bottom of cycle’ silver acquisitions • Adding quality silver inventory a priority • Well advanced on execution of strategy • Timing ‘sweet spot’ with macroeconomic trends
Slide 23: Appendix – Bowdens Resource
Appendix 1 – Bowdens Resource
Slide 24: Appendix – Conrad Resource Estimate
Appendix 2 – Conrad Resource Estimate
Slide 25: Appendix – Webbs Resource Estimate
Appendix 3 – Webbs Resource Estimate [
Slide 26: Competent Persons Statements
Competent Persons Statements
Silver Mines — Mines and Money Americas Conference 2016 on 6ix