Silver Mines Finds Gold, Silver, Lead, Zinc Mineralization at Australia Project; Shares Hit 52-Week High
MT Newswires Live
Dec 22, 2025
Silver Mines (ASX:SVL) found gold, silver, lead, and zinc mineralization at the Godolphin-Copperhania Fault corridor of its Tuena Project in New South Wales, Australia, according to a Monday Australian bourse filing.
The results were up to 24.2 meters at 0.3 grams per tonne (g/t) gold, 4 g/t silver, 0.1% lead, and 0.3% zinc from 56.8 meters.
The company said that the drilling program has extended a mineralized system that is consistently bearing low levels of mineralization, with higher grade portions such as those at Cuddyong and Nobbs Reef and Elsienora prospects of the project.
The company's shares rose 15% in recent Monday trade, hitting a 52-week high.
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