Silver City Minerals Ltd (ASX:SCI)

Silver City Minerals Ltd (ASX:SCI)

Share Price
$ 0.01
-0.001 (-10.00 %)
Market Cap
$2.64 m
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Silver City Minerals Ltd

Silver City Minerals Ltd (ASX:SCI) is listed on the Australian Securities Exchange.

Market: ASX:SCI
52-week High/Low: A$0.04 / A$0.01
Sector: Mining
Market Cap: $2.64 m
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Big Picture – A Deep Dive Examination of Silver City Minerals Ltd

Silver City Minerals Ltd Snapshot

Silver City Minerals Limited (SCI) is a base and precious metals explorer focused on the well-endowed mining districts of Broken Hill and Cobar in the western part of New South Wales, Australia. It takes its name from the famous Silver City of Broken Hill, home of one of the world's largest accumulations of silver, lead and zinc; the Broken Hill Deposit.

Broken Hill

Silver City Minerals Limited (SCI) controls fourteen mineral exploration tenements in the district immediately surrounding the “supergiant”, predominantly sediment-hosted Broken Hill deposit. This deposit is estimated to have contained in excess of 300 million tonnes of high grade lead-zinc-silver ore.

(click here for more information on this project)


Mining commenced in Cobar in the later 1800’s with the first shipment of copper ore from the Great Cobar Mine in 1871. The area has since become a major NSW mining centre with approximate pre-mining resources of >4.7 million tonnes of zinc, >2.8 million tonnes of lead,>2.2 million tonnes copper, 145 million ounces of silver and >7.0 million ounces of gold.

(click here for more information on this project)


Last updated 9th July 2018

BSc (Hons) University of Adelaide

Bob is a geologist with more than 40 years’ experience in the minerals industry in Asia, the Middle East, North and South America, Australia and the Pacific Rim. He spent 13 years with Unocal, seven of those as Manager of Minerals for Australia and the Pacific and was General Manager of Australmin Holdings Limited when that company developed a minerals sands project in eastern Australia and a gold mine in Western Australia. Bob founded and was Managing Director of CBH Resources Limited from its initial ASX listing as a junior to when it was an important Australian zinc/lead/silver producer. He was a founding Director of Kimberley Metals Ltd, now KBL Mining Limited, and is currently a non-executive director. He is a Director of the non listed company Murray Zircon that operates the Mindarie zircon mine in South Australia. Bob has served on a number of Government and Industry advisory boards.

Managing Director
BSc (Geology) Canterbury University, New Zealand, MSc (Geology) James Cook University, North Queensland.  RPGeo., MAIG, FSEG

Chris is a geologist with over 30 years international exploration experience. He has worked for large mining companies, notable Noranda and Cyprus Amax where he held senior management positions in Australia, New Zealand, Indonesia, United States and Central America. He joined ASX-listed Golden Cross Resources as Exploration Manager in 1996 and was appointed to that Board in 2003, ultimately holding the Chairman’s position.

Prior to joining Silver City Minerals in April 2010 he managed a Sydney-based geological consulting business and was the Chief Consulting Geologist to Golden Minerals Company, a North American-based silver explorer and Manager of Silex Exploration Pty Limited.

Non-Executive Director
BSc (Hons 1) (UTS), MAusIMM

Greg is a geologist with 33 years of exploration and operational experience gained in a broad range of metalliferous commodities both within Australia and overseas. Greg has held senior positions in a number of resource companies including Western Mining Corporation and Sino Gold and his experience spans the spectrum of exploration activity from grass-roots exploration through to resource definition and new project generation, as well as mine geology, ore resource/reserve generation and new mine development.

Greg was awarded the Institute Medal for academic excellence whilst at university and is credited with several economic discoveries including the Blair nickel and the Orion gold deposits in Western Australia. He is a director of Eastern Iron Limited, Thomson Resources Ltd and Moly Mines Limited.

Non-Executive Director

Josh is a Corporate Finance Executive formerly working as a specialist Equity Capital Markets Advisor for Fleming Australia, a Corporate Advisory and Funds Management firm. He has significant experience within funds management, capital raising, mergers, acquisitions and divestments of projects by companies listed on the Australian Securities Exchange.

Formerly Executive Director and Chief Executive of Discovery Resources Limited, Mr. Puckridge structured the acquisition of the Canberra Casino and the relisting of the Company as Aquis Entertainment Limited. He was a founding Director of Windward Resources Limited, seeding and listing the Company and raising more than $11m. Mr. Puckridge coordinated the change of Board of TopTung Limited (then, Krucible Metals Limited), returning $5m to its shareholders in 2015; subsequently, the Company acquired a NSW based tungsten project. In November, Mr. Puckridge retired as a Director of Alcidion Corporation Limited (ASX: ALC), having overseen its reverse takeover by Naracoota Resources Limited (ASX: NRR).

Currently he serves as Non-Executive Director of MCS Services Group Limited (ASX: MSG), Chairman of Blaze International Limited and (ASX: BLZ) and Executive Chairman of Fraser Range Metals Group Limited (ASX: FRN). Mr. Puckridge also holds various positions on private company boards.

Company Secretary

Ivo Polovineo was appointed Company Secretary of the Company on 5 August 2011. Ivo has over 30 years’ experience in corporate accounting, finance and company secretarial work for a diverse range of companies. He has spent the past 20 years in senior management roles in the resources sector including seven years as Company Secretary (and five years as CFO) of Sino Gold Mining Limited (a former ASX 100 company) until December 2009. Ivo is currently also Company Secretary of Variscan Mines Limited, Thomson Resources Ltd and KBL Mining Limited.

Last updated 9th July 2018

Registered & Administrative Office
Level 1, 80 Chandos Street

PO Box 956

Tel: +61 (0)2 9437 1737
Fax: +61 (0)2 9906 5233

ABN 68 130 933 309

Robert Besley (Non-Executive Chairman)
Chris Torrey (Managing Director)
Greg Jones (Non-Executive Director)
Josh Puckridge (Non-Executive Director)

Ivo Polovineo

Level 1, 80 Chandos Street

PO Box 956

T: +61 (0)2 9437 1737
F: +61 (0)2 9906 5233

Boardroom Pty Limited
Grosvenor Place
Level 12, 225 George Street,
Sydney NSW 2000

GPO Box 3993,
Sydney NSW 2001

T: 1300 737 760
F: 1300 653 459

Level 13, 122 Arthur Street
North Sydney NSW 2060

Commonwealth Bank of Australia

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