Silver Mines to recommence activities at flagship site

Company News

by Jessica Ellerm

 
Silver Mines Limited (ASX:SVL) has announced it will recommence activities at its flagship Bowdens Silver Project near Mudgee, New South Wales.
 
The immediate focus for the company will be to complete work related to the project’s Feasibility Study and Environmental Impact Statement.
 
The company has indicated fast-tracking mine development at Bowdens is a key priority, with work underway to find cost effective development options that will enhance project economics.
 
Bowdens Silver is the largest undeveloped silver deposit in Australia.
 
Silver Mines Limited reported a net loss of $2.67 million at 31 December 2015.

Jessica Ellerm

Finance News Network
Jessica joined FNN in April 2016 and presents the Australian Share Market Outlook, and reports on the morning's leading business stories. Alongside FNN Jessica is a fintech industry commentator, writing for her own blog and a number of international online publications.