Bowdens Silver Project

Bowdens Silver Project (Royalty)

The Bowdens Silver Project (Bowdens Silver) is located in New South Wales, approximately 26 kilometres east of Mudgee. Bowdens Silver is the largest undeveloped silver deposit in Australia, with substantial resources and a considerable body of high-quality technical work already completed. Bowden’s Silver is owned and being developed by Silver Mines Limited (ASX: SVL).

Fitzroy holds a 2% Net Smelter Return (NSR) royalty reducing to 1% after the receipt of US$5m, generated from the sale of any silver or other ores, concentrates or other primary, intermediate product or any other mineral substances produced from within EL5920.