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Silver Mines Announces Deep Drilling Intersects Prospective Felsic Porphyry for First Time at Bowdens

Highlights

- Significant discovery of porphyritic felsic intrusion beneath the large-scale Bowdens silver-zinc-lead deposit.

- The intrusion is associated with strong metal zonation consistent with potential porphyry associated gold-copper mineralisation.

- The Bundarra Deeps mineralisation vectoring towards this area is defined by:

A thick zone of highly anomalous base metal and gold mineralisation that is currently defined over a strike length of 500 metres and has a thickness of up to some 300 metres. Previously reported results include:

315.2 metres @ 0.70% zinc, 0.41% lead and 26g/t silver from 96 metres.

Thick high-grade lenses of massive and stringer sulphides up to 30 metres thick that are likely controlled by feeder structures. Previously reported results include:

31.25 metres @ 3.24% zinc, 1.88% lead, 23g/t silver and 0.4g/t gold.

The mineralised system is interpreted to be vectoring to the northwest and remains totally open along strike and down-dip.

Preliminary deep drilling campaign completed with final assays pending.


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