Silver Mines Limited · ASX:SVL
Silver Mines — Shareholder Meeting (November 2007)
28 slides from Silver Mines's shareholder meeting presentation, Nov 30, 2007
Slide 1: For personal use only
For personal use only
Slide 2: Forward looking statements and competent person
This presentation contains forward looking statements that are subject to risk For personal use only 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 • A silver focused Australian explorer COMPANY • Australian Securities Exchange (ASX) listed • Solid cash position ($A3.4 million) • Tightly g y held capital p structure • (43 million FPO shares) • Highly g y pprospective p pproject j suite • Focused Board and Executive tea
Slide 4: The Markets
For personal use only THE • The Silver Market MARKETS • Th St The Stockk Market M k t • The Financial Market • Dual Listing in London
Slide 5: The Company and Projects
For personal use only THE COMPANY • SVL was established because of a bullish view of the AND PROJECTS silver market • Initial project suite in the New England region of NSW has good potential for discovery of high grade silver rich deposits • The area has not been actively explored for many years •
Slide 6: Projects
For personal use only PROJECTS
Slide 7: Projects
For personal use only PROJECTS
Slide 8: Webbs Silver Mine: Work to Date
For personal use only WEBBS Work to Date at Webb Webb’ss Silver Mine SILVER • Completion of key preliminary work including mapping, MINE • geochemical sampling and geophysics • A 2,500m RC Percussion drillingg pprogram g has been • completed south of the main workings – targeting • Webb’s Silver Sou
Slide 9: Webbs Silver Mine
For personal use only WEBBS • Previous explorers estimated an inferred resource of SILVER 1.5 million oz Ag at ‘Southern Anomaly’ MINE • This estimate is only for the top 70-80m. • SVL has completed 2,500m of drilling at this prospect and has identified a mineralised lens coined the Webb’s Silver So
Slide 10: Webbs Silver Mine
For personal use only WEBBS • 19 RC drill holes have targeted this prospect and have SILVER identified a mineralised lens approximately MINE 40-60 m long (not closed off) x 110m deep (open) x 1-3m wide with majority of assays still pending • Preliminary results include up to • Ag 1.05% / Cu 1.1% /
Slide 11: Webbs Silver Mine
For personal use only SILVER MINE WEBBS
Slide 12: Mole River
For personal use only MOLE RIVER • Anomalous silver and associated base metals have • been identified by SVL’s sampling at a number of our • Mole River Prospects. p • Mostly associated with vein or multi-vein style • structures similar to those mined at the Webb Webb’ss • Silver Prospect.
Slide 13: Mole River
For personal use only MOLE RIVER
Slide 14: Mole River
For personal use only MOLE RIVER
Slide 15: EL6239 (Webb's Consols)
For personal use only TECHNICAL EL6239 (Webb’s (Webb s Consols) PRESENTATION • Initial strategy gy to identifyy extensions to known Damien James • mineralised lenses along line of lode Senior Geologist • Stage 1 – 1.7km geophysical IP survey completed • along main line of lode encompassing Lucky Luc
Slide 16: Presentation
For personal use only TECHNICAL PRESENTATION
Slide 17: EL6239 (Webb's Consols) Stage 2
For personal use only TECHNICAL EL6239 (Webb’s (Webb s Consols) PRESENTATION Stage 2 • RC drilling d illi programme ttotalling t lli 550 550m iin 5 hholes l • 3 holes targeted Webb’s Consols shaft • 1 hole targeted Mt Galena shaft • 1 hole targeted Eastern IP anomaly • No significant mineralisation
Slide 18: EL6239 Early 2008 Programme
For personal use only TECHNICAL EL6239 PRESENTATION Early 2008 Programme • Extend E t d soilil geochemical h i l sampling li programme • Complete field mapping programme and stream • sediment programme • Follow-up prospective targets with ground based • geophysical surveying to generate drilling tar
Slide 19: EL5674 (Webb's Silver Prospects)
For personal use only TECHNICAL EL5674 (Webb’s (Webb s Silver Prospects) PRESENTATION • 4 targets identified from historical data and field work
Slide 20: Presentation
For personal use only TECHNICAL PRESENTATION
Slide 21: EL5674 (Webb's Silver Southern)
For personal use only TECHNICAL EL5674 (Webb’s (Webb s Silver Southern ) PRESENTATION • RC drilling programme targeting Webb Webb’ss Silver Southern as most prospective • Original 1,500m 1 500m RC programme extended to 2,500m as significant mineralisation identified • Holes aimed to confirm historic
Slide 22: Presentation
For personal use only TECHNICAL PRESENTATION
Slide 23: Presentation
For personal use only TECHNICAL PRESENTATION
Slide 24: Presentation
For personal use only TECHNICAL PRESENTATION
Slide 25: Assays pending, massive sulphide identified
For personal use only TECHNICAL PRESENTATION Assays pending - lode identified from visual inspection of drill chips with massive sulphide evident
Slide 26: Webb's Silver Southern assay results
For personal use only TECHNICAL • Majority of SVL assays still pending but best assay PRESENTATION • results received in Webb’s Silver Southern include: • Main M i mineralised i li d llens now id identified tifi d as extending t di 40 • 50 m along strike / 110m vertically / up to 3m true • thickness
Slide 27: Webb's Silver Prospects Early 2008 Programme
For personal use only TECHNICAL Webb’ss Silver Prospects Early 2008 Programme Webb PRESENTATION • 7,000m RC programme planned for February start • Initial target will be Webb’s Silver Main (old mine itself) • This is considered highly prospective given old operation was unsuccessful due to water pro
Slide 28: Remainder of Tenements
For personal use only TECHNICAL Remainder of Tenements PRESENTATION • Continue with reconnaissance work to developp drillingg targets based on 2 key models; ¾ High-grade / low to medium tonnage / silver rich / polymetallic deposits (Webbs Silver) ¾ Bulk tonnage / medium grade epithermal deposits (Bo