Silver Mines posts record intercept at Bowdens as approvals and exploration advance

An announcement from Silver Mines Limited ( (AU:SVL) ) is now available.

Silver Mines Limited reported progress on securing planning approvals for its Bowdens Silver Project in New South Wales, including refreshing ecological surveys and updating biodiversity assessments to strengthen its development application. Operationally, the company’s latest geo-metallurgical and geotechnical drilling, targeting the first decade of planned production, delivered the best mineralised intercept recorded at Bowdens since its 1989 discovery and confirmed mineralisation within and below the current ore reserve, prompting a shift in exploration focus to infill and high‑grade extensions around the main deposit. The company also advanced early-stage work at the Calico North and Kramer Hills projects, with drilling slated for the first half of 2026, and reported promising but mostly low-grade gold and base metals intercepts across multiple prospects at its Tuena project, where follow-up programs are planned to test extensions along a highly prospective regional structural corridor.

The most recent analyst rating on (AU:SVL) stock is a Hold with a A$0.23 price target. To see the full list of analyst forecasts on Silver Mines Limited stock, see the AU:SVL Stock Forecast page.

More about Silver Mines Limited

Silver Mines Limited is an Australian mineral exploration and development company focused primarily on silver, with additional lead, zinc and gold interests. Its flagship asset is the Bowdens Silver Project in New South Wales, complemented by earlier-stage exploration at the Tuena gold-base metals project in NSW and the Calico North and Kramer Hills projects, where it is advancing geophysical and mapping work ahead of drilling.

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Technical Sentiment Signal: Buy

Current Market Cap: A$515.2M

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