SVL 8.00% 11.5¢ silver mines limited

Ann: Increasing Gold and Zinc in Drilling at Bowdens Silver, page-8

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  1. 292 Posts.
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    Anything over 50g/t is high grade silver, and the silver alone is hitting that in some cases let alone the silver EQ and zinc prices are flying. Shes a bit deep and that could be expensive but I believe this stuff is going to be part of the underground mine not the open pit which is why there is the scoping study coming out later in the year?

    I agree the stuff at 496m will never be worth drilling but 223m though deep is well worth the open pit for the grade. If this was some low grade depsoit it would be a bust but this is high grade and medium grade silver without a shred of low grade let alone the silver equivalent. With a silver price of $25 an ounce, USD they be hard pressed to make this operation not profitable.
 
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Last
11.5¢
Change
-0.010(8.00%)
Mkt cap ! $173.4M
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12.5¢ 12.8¢ 11.5¢ $938.9K 7.819M

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12.0¢ 384068 5
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