As for the Bowdens Silver Project - for a near surface, open pittable resource the grade is fine. Plus there should be some base metals credits.
Let's see how the market will scramble for KCN when silver is US$100 - with this project and KCN's 70% control of LRC and its silver imo.
Silver Standard's technical report of the project, dated 15th. April, 2004, when silver was only a few dollars an ounce, which I have perused, is at http://www.silverstandard.com/assets/pdfs/Bowdens.pdf
From the report:
"Bowdens mineralization is a low-sulphidation epithermal silver-base metals deposit. It occurs as an approximately 200 metre thick, near-surface zone ...Silver mineralization is associated with disseminated lead and zinc sulphides..."
My comment:
Note importantly that it is "low-sulphidation"
looks primed , page-69
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Last
$1.34 |
Change
-0.015(1.11%) |
Mkt cap ! $342.8M | |||
| Open | High | Low | Value | Volume |
| $1.34 | $1.35 | $1.32 | $198.4K | 149.1K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 7 | 1926 | $1.33 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.34 | 4489 | 15 |
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| Last trade - 12.47pm 09/10/2024 (20 minute delay) ? |
| KCN (ASX) Chart |