Silver Mines Limited · ASX:SVL
Silver Mines — Investor Presentation (June 2023)
23 slides from Silver Mines's investor presentation, Jun 27, 2023
Slide 1: Corporate Presentation Europe June 2023
For personal use only Corporate Presentation Europe June 2023
Slide 2: Disclaimer
Disclaimer The material in this presentation contains certain forecasts and forward-looking information, including regarding For personal use only 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: Silver Mines Limited: Introduction
Silver Mines Limited: Introduction Key Assets Capital Structure (ASX: SVL) For personal use only 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 2,115km2 (521,000
Slide 4: Silver Mines Limited: Progress
Silver Mines Limited: Progress Highlights Silver Mines Limited Share Price Graph For personal use only ✓ Final State Government mine development approvals 0.40 100 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-
Slide 5: Overview
Bowdens Silver Project: Overview Highlights Timeline of Major Milestones For personal use only 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 equival
Slide 6: 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 over different time periods (Ordovician, Siluro-Devonian, Carboniferous and Permian). • Mid-Carboniferous
Slide 7: Mine Geology
Bowdens Silver: Mine Geology For personal use only 7
Slide 8: Mine Development
Bowdens Silver Mine Development For personal use only 8
Slide 9: Study Work
Bowdens Silver Project: Study Work Unit Feasibility Upside Case2 Feasibility Base Case1 For personal use only 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 Conce
Slide 10: Optimisation Program
Bowdens Silver Project: Optimisation Program Current Optimisation Program For personal use only ✓ 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 added a further 120Moz AgE. ✓ Mine design
Slide 11: Silver Demand
Silver Demand • Substantial demand for silver in a Silverware For personal use only growing market. 5% Investment Photography (Coins & Bars) 3% • Used in most electronics, for water 25% purification, robotics, industrial automation, aerospace, pharmaceuticals, and biosciences. • Solar power, 5G elec
Slide 12: High Tech Metals
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 leader for investment in sustainable mining is a key priority for the NSW Government.” • “…identify critical minerals as a
Slide 13: Exploration: A Major Silver System
Bowdens Silver Exploration A Major Silver System For personal use only 13
Slide 14: Extensions
Bowdens Silver Project: Extensions For personal use only ✓ 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 (zi
Slide 15: Extensions
Bowdens Silver Project: Extensions For personal use only 15
Slide 16: Seismic Program
Bowdens Silver Project: Seismic Program For personal use only 16
Slide 17: Seismic Program
Bowdens Silver Project: Seismic Program For personal use only Seismic program is planned to be significantly expanded. 17
Slide 18: Tuena Gold Project
Tuena Gold Project For personal use only • Located south of Blayney in New South Wales. • Historic goldfield with minimal exploration work in the modern era. • Clear geological analogies to the McPhillamys Gold Project (2.0 Moz gold). • Mineral system and old gold workings extend over at least 6 kil
Slide 19: Key Conclusions
Bowdens Silver Project: Key Conclusions For personal use only ✓ ✓ 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 mine
Slide 20: Anthony McClure, Managing Director
For personal use only Anthony McClure Managing Director Silver Mines Limited +61 2 8316 3997 20
Slide 21: Appendix – Bowdens Silver Ore Reserve
Appendix 1 – Bowdens Silver Ore Reserve (as at May 2018) For personal use only 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
Slide 22: Appendix – Bowdens Silver Mineral Resource
Appendix 2 – Bowdens Silver Mineral Resource (as at March 2023) For personal use only 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
Slide 23: 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 For personal use only of AMC Consultants Pty Ltd who is a consultant to the Company. Mr Jones is a me