Silver Mines Limited · ASX:SVL
Silver Mines — Ord Minnett East Coast Mining Conference 2022
31 slides from Silver Mines's conference presentation, March 2022
Slide 1: Ord Minnett East Coast Mining Conference Presentation - March 2022
rsonal use only Ord Minnett East Coast Mining Conference Presentation - March 2022
Slide 2: Disclaimer
Disclaimer The material in this presentation contains certain forecasts and forward-looking information, including regarding rsonal 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 invol
Slide 3: Silver Mines Limited Introduction
Silver Mines Limited Introduction Key Assets Capital Structure (ASX: SVL) rsonal use only AUD USD The Bowdens Silver Project is located in central New South Wales, Australia. Shares on Issue (m) 1,291.8 1,291.8 The consolidated project is 100% held and the area comprises 1,950km2 (480,000 acres)
Slide 4: Silver Mines Limited Progress
Silver Mines Limited Progress Recent Highlights Silver Mines Limited Share Price Graph rsonal use only Lodgement of the Environmental Impact Statement and Development Application for the Bowdens Silver mine development. Final submission processes almost complete for Independent Planning Commissi
Slide 5: Overview
Bowdens Silver Project: Overview Highlights Timeline of Major Milestones rsonal use only The largest silver development project in Australia, and September 2017 Mineral Resource complete (275 Moz AgEq) one of the largest globally, with a current JORC-compliant Resource base of 275Moz AgEq. May 201
Slide 6: Lachlan Fold Belt Geology
Bowdens Silver Project: Lachlan Fold Belt Geology rsonal use only • The Ordovician Macquarie Arc/Lachlan Fold Belt of Eastern Australia contains preserved porphyry volcanic arc environments. • Macquarie Arc of NSW contains world-class; – Cadia/Ridgeway, – Cowal, – Northparkes and others • The Bowden
Slide 7: Regional Geology
Bowdens Silver Project: Regional Geology rsonal use only • 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). • Permian Rylstone Volcan
Slide 8: Mine Geology
Bowdens Silver Mine Geology rsonal use only 8
Slide 9: Study Work
Bowdens Silver Project: Study Work Unit Feasibility Upside Case2 Feasibility Base Case1 rsonal 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 Concentrate
Slide 10: Site Layout
Bowdens Silver Project: Site Layout rsonal use only 10
Slide 11: Approvals Timeline
Approvals Timeline rsonal use only WE ARE HERE 11
Slide 12: Community Support
Community Support rsonal use only 12
Slide 13: Silver Uses and Market
Silver Uses and Market • Silver is the best electrical and thermal rsonal use only conductor among all metals. • Demand for silver is benefiting from new applications in photovoltaic cells (for solar panels), electric vehicles, electronics, water purification, robotics, industrial automation, aerosp
Slide 14: Exploration: A Major Silver System
Bowdens Silver Exploration A Major Silver System rsonal use only 14
Slide 15: Extensions
Bowdens Silver Project: Extensions rsonal use only • Northwest Zone, Aegean and Bundarra Zones contains high- grade silver directly under the planned open cut pit. • Current drilling is demonstrating that the Northwest and Aegean Zones are likely to be connected. • Each of the three discoveries open
Slide 16: Extensions (Cont'd)
Bowdens Silver Project: Extensions (Cont’d) rsonal use only 16
Slide 17: Extensions (Cont'd)
Bowdens Silver Project: Extensions (Cont’d) rsonal use only 17
Slide 18: Extensions (March 2022 Results)
Bowdens Silver Project: Extensions (March 2022 Results) rsonal use only 18
Slide 19: Extensions (March 2022 Results)
Bowdens Silver Project: Extensions (March 2022 Results) rsonal use only 19
Slide 20: Extensions (Cont'd)
Bowdens Silver Project: Extensions (Cont’d) rsonal use only First visible gold from Bowdens 20
Slide 21: Expanded Program and Scoping Study
Expanded Program and Scoping Study • Recent drilling at the Northwest, rsonal use only Aegean and Bundara Zones has demonstrated considerable high- grade potential immediately beneath the proposed open-pit mine development • 30,000 metres diamond drilling focussed on three discovery zones below the
Slide 22: Key Conclusions
Bowdens Silver Project: Key Conclusions rsonal use only Considerable exploration potential at the Bowdens Silver Project, with extensive drilling (30,000 metres with 4 The largest silver development project in Australia, and one diamond rigs) underway and confirmed significant high-grade of the
Slide 23: Other Exploration Assets
Other Exploration Assets rsonal use only 23
Slide 24: Barabolar Project: Unlocking a Major Mineralised System
Barabolar Project: Unlocking a Major Mineralised System • Barabolar Project area located 10 kilometres northwest of rsonal use only Bowdens • 9000 x 2000 metre corridor of base-metal and precious metal soil anomalies • Mineralised skarn mapped over 5000 by 800 metres • Porphyry system type alteratio
Slide 25: Tuena Gold Project
Tuena Gold Project rsonal 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 kilometre
Slide 26: Anthony McClure, Managing Director
rsonal use only Anthony McClure Managing Director Silver Mines Limited +61 2 8316 3997 26
Slide 27: Appendix – Bowdens Silver Resource (as at September 2017)
Appendix 1 – Bowdens Silver Resource (as at September 2017) 30 g/t Ag Eq Cut Tonnes Silver Eq. Silver Zinc Lead Million Million rsonal use only (Mt) (g/t) (g/t) (%) (% ) Ounces Ounces Silver Silver Eq. Measured 76 72 45 0.37 0.25 111 175 Indicated 29 59 31 0.38 0.25 29 55 Measured & Indicated 105 68
Slide 28: Appendix - Bowdens Silver Resource (as at September 2017)
Appendix 2 - Bowdens Silver Resource (as at September 2017) Cut off g/t Ag Eq Tonnes Silver Eq. Silver Zinc Lead Million Million rsonal use only (Mt) (g/t) (g/t) (%) (% ) Ounces Ounces Silver Silver Eq. 0 397.2 30.7 17.6 0.18 0.12 225 392 10 261.7 43.7 25.2 0.26 0.17 212 368 20 185.2 54.6 31.7 0.32
Slide 29: Resource
Bowdens Silver Resource rsonal use only 29
Slide 30: Appendix – Bowdens Silver Ore Reserve (as at May 2018)
Appendix 3 – Bowdens Silver Ore Reserve (as at May 2018) Tonnes Silver Silver Zinc Lead Silver Silver Zinc Lead rsonal use only (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
Slide 31: 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 rsonal use only of AMC Consultants Pty Ltd who is a consultant to the Company. Mr Jones is a member o
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