“EVERY HOLE HAS A SILVER LINING – THE CONRAD STORY”

Garry Lowder & Russell Meares – Malachite Resources NL

The Conrad Mine near Inverell produced over 3.5M ounces of silver, with significant lead, zinc, tin and copper credits, until it was closed by Broken Hill South in 1957 due to the end of the post WWII lead price boom. Underground workings extend continuously over a strike length of 1.6 km and to a depth of 270m. Since 2003, Malachite Resources has completed 19 drill holes delineating extensions to the vein systems and confirming the polymetallic high grades which typify this unique deposit. Recent exciting drilling results suggest that it may be “third time lucky” for Conrad which could become a “company maker” for Malachite. The presentation will explain why.

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Garry Lowder (Managing Director) was instrumental in the forming of SMEDG in 1972, and founded Malachite Resources in 1997. He is a geologist with many years experience in mineral exploration, research, mining, general management and corporate affairs, and is also credited with key roles in the discovery of a number of ore deposits including Northparkes, Cowal, Paddington and Phoenix. He has worked for government, Kennecott, Pancontinental Mining, and as a consultant. Garry is currently a non-executive director of Straits Resources and Macmin Silver.

Russell Meares (Exploration Manager) served on the SMEDG Committee for 13 years and joined Garry at Malachite in 1997, having previously worked for Garry at Pancontinental Mining. His geological career spans many years, having also worked for Amax, Consolidated Goldfields, Placer Pacific, Delta Gold and Tri Origin. He has also participated in the discovery of a number of discoveries including Golden Grove and Phoenix. Russell is an executive director of Malachite Resources.