Silver Mines talks Native Title and development plans for Bowdens
September 05, 2023 at 11:46 am EDT
Share
(via NewsDirect)
Silver Mines Ltd (ASX:SVL, OTC:SLVMF) MD Tony McClure speaks with Proactive after announcing the company has completed a Native Title agreement covering a parcel of Crown land within the area of Mining Lease Application (MLA) 601 of the Bowdens Silver Project near Mudgee in central New South Wales. This now completes the 'Right to Negotiate' process in accordance with Section 31 of the Native Title Act 1993 (Cth) and completion of this process enables the continued processing of MLA 601 covering the Bowdens Silver Project. This is another key permitting step for the Bowdens Silver Project, which on April 3, 2023, received development consent from the Independent Planning Commission (IPC) of New South Wales.
McClure said “the IPC’s decision is the most significant milestone for the company since we took over the project in mid-2016.
“Our team has delivered a technically reliable and environmentally responsible project.
"This decision recognises the significant long-term economic and social benefits the project will deliver for our shareholders, the State of New South Wales and also the local communities across the Mid-Western Regional Government area.”
Contact Details
Proactive Investors
Jonathan Jackson
+61 413 713 744
jonathan@proactiveinvestors.com
Copyright (c) 2023 TheNewswire - All rights reserved.
Copyright (c) 2023 TheNewswire - All rights reserved., source Press Releases
Silver Mines Limited is an Australia-based silver exploration company. The Companyâs project area comprises 2,007 square kilometers (490,000 acres) of titles covering approximately 80 kilometers of strike of the mineralized Rylstone Volcanics. It also holds land position in the Orange/Blayney district covering 747 square kilometers (185,000 acres). Its projects include the Bowdens Silver Project, the Barabolar Project, and Tuena Gold Project. The Bowdens Silver Project is located approximately 26 kilometers (km) east of Mudgee in the Central Tablelands Region of New South Wales and approximately 260 Km by road from the State capital, Sydney. The Barabolar Project is located in central New South Wales, approximately 26 Km east of Mudgee and 10 Km northwest of the Companyâs Bowdens Silver Project. The Tuena Gold Project is located 80 kilometers south of the city of Orange in New South Wales. It also holds 100% of EL8973, EL8974, EL8975 and EL8526, being the Tuena Project.