Silver Mines Advances Bowdens Silver Project with Completed DFS

Silver Mines (ASX:SVL) has completed its Definitive Feasibility Study (DFS) for the Bowdens Silver Project, a significant milestone in advancing one of Australia's largest undeveloped silver deposits.

The DFS outlined a staged development approach with an initial mining phase expected to produce approximately 65.4 million ounces of silver over around 16 years, followed by a planned expansion phase.

The updated project economics estimated a pre-tax net present value of approximately A$1.04 billion and a pre-tax internal rate of return of 31.5%, based on a silver price assumption of US$45 per ounce.