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Silver Mines, Activities Report for the Quarter Ended 30 September 2018

Introduction

During the September 2018 quarter, Silver Mines Limited (“Silver Mines” or “the Company”) continued to progress exploration activities at the Barabolar Project and progress the Environmental Impact Statement at the Bowdens Silver Project both located in central New South Wales. The projects are situated approximately 26 kilometres east of Mudgee (Figure 1). The project area comprises 2,007 km2 (496,000 acres) of titles covering approximately 80 kilometres of strike of the highly prospective Rylstone Volcanics. Multiple target styles and mineral occurrences have potential throughout the district including analogues to Bowdens Silver, high-grade silver-lead-zinc epithermal and volcanogenic massive sulphide (VMS) systems and porphyry and skarn hosted copper-gold-molybdenum targets.


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