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Silver Mines Advances Bowdens Project with $25M Raise and Resource Boost
7:03pm on Monday 2nd of June, 2025 AEST
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Mining
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Silver Mines Advances Bowdens Project with $25M Raise and Resource Boost
7:03pm on Monday 2nd of June, 2025 AEST
Key Points
Successful $25 million placement to fund Bowdens development and exploration
Ore Reserves increased to 71.7 million ounces of silver with improved grades
Optimisation Study shows robust economics with a 21% IRR and A$359 million NPV
Legislative changes in NSW provide pathway to reinstate development consent
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