Silver Mines Limited · ASX:SVL
Silver Mines — Investor Presentation (June 2010)
10 slides from Silver Mines's investor presentation, Jun 3, 2010
Slide 1: Silver Mines Limited
p SILVER MINES LIMITED
Slide 2: Forward looking statements and competent person
For personal use only This presentation contains forward looking statements that are subject to risk factors associated with mineral exploration. The information contained in this presentation is based on interpretations made by SVL’s qualified professional technical staff and should be considered i
Slide 3: The Company
For personal use only THE COMPANY • Silver Mines Limited (ASX:SVL, PLUS:SVLP) • A silver focused Australian explorer •IP Geophysics has delineated multiple parallel structures, east and west of known lodes •Recent RC drilling at Webbs South has again intersected high grade silver – 25m downhole at 1
Slide 4: Share Price
For personal use only Share Price • Share price strengthened on the back of drilling recent results • Trading volumes have increased significantly
Slide 5: 2,000m mineralised corridor with high grade pods
For personal use only EL5674 Webbs Silver • 2,000m mineralised corridor contains high grade pods within broad mineralised system • Geochemistry, geology and geophysics have defined multiple targets, both parallel to main lode and along strike • Drilling to date (over 10,000m RC) has delineated infer
Slide 6: Multiple targets identified through IP and EM geophysics
For personal use only EL5674 Webbs Silver • Multiple targets identified through IP and EM geophysics • Webbs South open in all directions • Drilling continues to deliver high grade silver • Drilling continuing in mid June
Slide 7: IP has generated new targets parallel to main lode
For personal use only EL5674 Webbs Silver • IP has generated new targets parallel to main lode • Scale of project has grown significantly • Further IP underway in June
Slide 8: RC program underway with further high grade silver at Webbs South
For personal use only EL5674 Webbs Silver • 3-4,000m RC program underway with further high grade silver intersected at Webbs South • Near surface mineralisation still open in all directions. Further drilling planned for remainder of 2010 • Updated resource expected in July 2010, once next drilling p
Slide 9: EL6269 JV with AOM
For personal use only EL6269 JV with AOM • SVL earning 50% of EL 6269, owned by AOM, by expending $95,000 on exploration (current expenditure is $80,000) • The work has concentrated on the old Walla Walla Ag-Zn-Pb mine - no modern exploration has been done on the old workings • Old workings reached
Slide 10: The Future
For personal use only The Future • SVL will continue to rapidly move Webbs Silver forward in 2010 • Development of mining and processing operation remains the focus in short term at Webbs • Maintain low cost operating expenditure in 2010 and beyond • Maintain tight capital structure • Provide invest