Barclay Pearce Capital
- Oct 9, 2025
- 1 min read
Broken Hill Mines (ASX:BHM): Mining and Processing of High Grade Ore at Main Lode
🔍 Demonstrated track record in acquiring, developing and operating world-class mature-life mines.
Broken Hill Mines is pleased to announce that mining and processing of the high grade Blackwoods ore body of Main Lode is now underway.
📌 Why It Matters:
Main Lode contains materially elevated silver grades, providing BHM with increased exposure to precious metal revenue as the silver price approaches an all-time high of US$50/oz.
Mining of Main Lode also delivers a secondary high grade feed source for processing, complementing existing feed from the Western Mineralisation, and forms a key initiative of BHM's strategy to fully utilise its 750,000tpa capacity operational plant at Rasp.
📌 Investor Highlights:
- Commencement of mining and processing from the Blackwoods ore body of Main Lode
- Blackwoods operations provide immediate exposure to high grade silver, highlighted by recently reported assays which include intercepts outside the existing Mineral Resource Estimate (MRE)1 (see ASX Announcement 29 September 2025)
👉 View the full announcement here.
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