Silver City Minerals Limited (SCI) is a base and precious metal explorer focused on the Broken Hill District of western New South Wales, Australia. It takes its name from the famous Silver City of Broken Hill, home of one of the world’s largest natural accumulations of silver, lead and zinc; the Broken Hill Deposit.  SCI was established in May 2008 to explore specifically in the District where it controls approximately 1700 square kilometers of exploration tenure through various Sale and Joint Venture agreements.

It has a portfolio of highly prospective ground with drill-ready targets focused on high grade, silver, base-metals and gold and a pipeline of prospects moving toward the drill assessment stage.

The Company’s objective is to increase shareholder wealth through capital growth and dividends, by advancing projects from exploration discovery, through development into profitable operating mines.

SCI currently conducts business as an experienced base and precious metal explorer using its own resources and the services of geological consultants with extensive Broken Hill experience.

Silver City Minerals Limited (ASX:SCI)

Company Directors

Mr Chris Torrey (Managing Director)
Mr Greg F P Jones (Non-Executive Director)
Mr Ian Plimer (Non-Executive Director)
Mr Robert Besley (Non-Executive Chairman)

Contact Information

Phone: +61 (0)2 9437 1737
Email: info@silvercityminerals.com.au
Website: http://www.silvercityminerals.com.au/
Address
Suite 3, Level 1, 80 Chandos Street, ST LEONARDS, NSW, AUSTRALIA, 2065

Media Releases see all media releases

Silver City Minerals Ltd, At Allendale near Broken Hill NSW, High Grade Base Metal Intersections
17 Jul,2012 10:00 AM

New Zone containing 10 metres at 6.2% zinc, 3.4% lead and 26 g/t silver incuding 3 metres at 11.4% zinc, 8.9% lead and 67 g/t silver in hole 12AN035.

Silver City Minerals Limited (ASX:SCI) is pleased to announce that it has continued to intersect base metals and silver in massive sulphide mineralisation in a second phase of drilling at the multi-commodity Allendale project located near Broken Hill, NSW, Australia.  Complete assays for four holes and partial assays for one hole have been received for this fifteen hole program with significant results.

Hole 12AN035 is of particular interest as it has intersected sulphides in a zone which has not been encountered or was previously poorly represented in earlier drilling.  This zone has an estimated true thickness of 7 to 8 metres and is referred to as the Eastern Zone.  The Company has drilled another hole; 12AN039 designed to intersect the projected extension of the sulphides in 12AN035.  This hole has also intersected sulphide mineralisation some 30 metres down-dip.  Visual estimates of hole 12AN039 indicate this mineralisation is narrower and zinc rich.  Analytical results are pending.


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