Silver Mines Limited · ASX:SVL
Silver Mines — Investor Presentation (May 2023)
21 slides from Silver Mines's investor presentation, May 2023
Slide 1: Corporate Presentation North America May 2023
Corporate Presentation North America May 2023
Slide 2: 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 involves unknown risk
Slide 3: Silver Mines Limited: Introduction
Silver Mines Limited: Introduction Key Assets Capital Structure (ASX: SVL) AUD USD The Bowdens Silver Project is located in central New South Wales, Australia. Shares on Issue (m) 1,404.3 1,404.3 The consolidated project is 100% held and the area comprises 1,950km2 (480,000 acres) of titles cove
Slide 4: Silver Mines Limited: Progress
Silver Mines Limited: Progress Highlights Silver Mines Limited Share Price Graph 0.40 Final State Government mine development approvals 100 received in April 2023. 0.35 90 Initial production 6Moz silver per annum plus zinc, lead 0.30 80 and gold as by-products from an open-pit development. 0.25
Slide 5: Bowdens Silver Project: Overview
Bowdens Silver Project: Overview Highlights Timeline of Major Milestones September 2017 The largest silver development project in Australia with Open-Cut Mineral Resource completed (275 Moz AgE) a current JORC-compliant Mineral Resource base of May 2018 396Moz1 silver equivalent. Ore Reserve compl
Slide 6: Bowdens Silver Project: Regional Geology
Bowdens Silver Project: Regional Geology • Extensive tenement holding (1,950 km2 = 480,000 acres) 100% controlled by Silver Mines. • Wide range of prospective deposit types over different time periods (Ordovician, Siluro-Devonian, Carboniferous and Permian). • Mid-Carboniferous Rylstone Volcanics (~
Slide 7: Bowdens Silver: Mine Geology
Bowdens Silver: Mine Geology 7
Slide 8: Mine Development
Bowdens Silver Mine Development 8
Slide 9: Bowdens Silver Project: Study Work
Bowdens Silver Project: Study Work Unit Feasibility Upside Case2 Feasibility Base Case1 Physical Metrics Production Life Years 16.5 16.5 Ore Mined Mt 29.9 29.9 Waste Mined Mt 48.2 48.2 W:O Strip Ratio x 1.60 1.60 Ag Recovered in Concentrate Moz 52.91 52.91 Zn Recovered in Concentrate kt 108.0 108.0
Slide 10: Bowdens Silver Project: Optimisation Program
Bowdens Silver Project: Optimisation Program Current Optimisation Program An additional 50,000 metres of drilling in and around the pit completed since the Feasibility was completed. Mineral Resource upgrade completed in March 2023. Southern Gold Zone adjoining the open pit now a likely separa
Slide 11: Silver Demand
Silver Demand Silverware 5% • Substantial demand for silver in a Investment Photography (Coins & Bars) 3% growing market. 25% • Used in most electronics, for water purification, robotics, industrial automation, aerospace, pharmaceuticals, and biosciences. • Solar power, 5G electronics and EVs invest
Slide 12: Exploration: A Major Silver System
Bowdens Silver Exploration A Major Silver System 12
Slide 13: Bowdens Silver Project: Extensions
Bowdens Silver Project: Extensions Northwest Zone, Aegean and Bundarra Zones contains high-grade silver directly under the planned open-cut pit. Drilling demonstrates that the Northwest and Aegean Zones are likely to be connected. Bundarra Zone with greater base metal (zinc & lead) plus gold.
Slide 14: Bowdens Silver Project: Extensions
Bowdens Silver Project: Extensions 14
Slide 15: Bowdens Silver Project: Seismic Program
Bowdens Silver Project: Seismic Program 15
Slide 16: Bowdens Silver Project: Seismic Program
Bowdens Silver Project: Seismic Program Seismic program is planned to be significantly expanded. 16
Slide 17: Bowdens Silver Project: Key Conclusions
Bowdens Silver Project: Key Conclusions The largest silver development project in Australia with a Considerable exploration potential with extensive drilling current JORC-compliant Resource base of 396 Moz AgE. continuing. Confirmed significant high-grade extensions to mineralisation close to mi
Slide 18: Anthony McClure, Managing Director
Anthony McClure Managing Director Silver Mines Limited +61 2 8316 3997 18
Slide 19: Appendix 1 – Bowdens Silver Ore Reserve
Appendix 1 – Bowdens Silver Ore Reserve (as at May 2018) Tonnes Silver Silver Zinc Lead Silver Silver Zinc Lead (Mt) Eq. (g/t) (%) (% ) Eq. Million Kilo- Kilo- (g/t) Million Ounces tonnes tonnes 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 53.15 0.43 0.29 3.60
Slide 20: Appendix 2 – Bowdens Silver Mineral Resource
Appendix 2 – Bowdens Silver Mineral Resource (as at March 2023) 30 g/t Ag Eq Cut Tonnes Silver Eq. Silver Zinc Lead Gold Million Million (Mt) (g/t) (g/t) (%) (%) (g/t) Ounces Ounces 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 88 Measured & 157 64
Slide 21: Competent Persons Statements
Competent Persons Statements Ore Reserve The information in this report that relates to Ore Reserves within the Bowdens Silver Project is based on information compiled or reviewed by Mr Adrian Jones of AMC Consultants Pty Ltd who is a consultant to the Company. Mr Jones is a member of the Member of