Silver Mines Limited (AU:SVL) has released an update.
Silver Mines Limited has announced significant developments for its Bowdens Silver Project, including promising infill drilling results, identification of new potential calderas, and an updated mineral resource estimate expected in 2024. The project, which is the largest known undeveloped silver deposit in Australia, has received development approval from the Independent Planning Commission of New South Wales. Furthermore, the company is focusing on a detailed optimisation program for the project, aiming for completion during 2024, despite facing judicial proceedings regarding the development consent.
For further insights into AU:SVL stock, check out TipRanks’ Stock Analysis page.
