SVL 6.38% 10.0¢ silver mines limited

Ann: SEMI-MASSIVE AND MASSIVE SULPHIDE DISCOVERY, page-3

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  1. 25,836 Posts.
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    "Highlights  Drilling below current resource at Bowdens Silver has returned an 18.25 metre semimassive sulphide intercept with zones of massive sulphide including gold.  Assays include 18.25 metres @ 31g/t silver, 4.6% zinc 3.0% lead and 0.52g/t gold (313g/t silver equivalent) from 283.75 metres down-hole.  The intercept is a new discovery and a completely new style of mineralisation at Bowdens Silver hosted at the contact between volcanics and underlying basement shales.  Gold mineralisation over such substantial widths has not been previously seen at Bowdens Silver with assays up to 4.71g/t gold.  The sulphide intercept is located approximately 100 metres vertically below the current Bowdens Silver resource.  Results are pending for the remainder of the drill hole with:  105 metre interval above the new zone containing fracture controlled and disseminated sulphide mineralization typical of Bowdens style hosted in volcanics.  142 metre interval below the new zone containing vein and vein breccia base metal mineralisation including copper mineralisation in the basement shales.
 
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10.0¢
Change
0.006(6.38%)
Mkt cap ! $150.8M
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9.5¢ 10.5¢ 9.5¢ $1.203M 12.13M

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