3 ASX Silver Stocks to Buy

Team Veye | 23-Apr-2024

Silver prices have reached their highs of last more than ten years. Buoyed by multiple catalysts like escalating geopolitical tensions stimulating safe haven demand and because of its unique industrial properties, which set it apart from gold.

The Best Silver Stocks, when the bullish rally is being influenced by gold prices, are witnessing a similar market movement.

Adriatic Metals PLC (ASX: ADT)

Adriatic Metals is a precious and base metals developer that is advancing the world-class Vares Silver Project in Bosnia and Herzegovina, as well as the Raska Zinc-Silver Project in Serbia. The Vares Silver Project is fully constructed and first concentrate was produced in February 2024. 

It made significant discoveries at the Rupice Northwest deposit. A new Lower Zone was identified with promising assay results. The Gap between Rupice and Rupice NW narrowed, yielding significant mineralization. 

Adriatic Metals is aiming to build Europe’s most modern and environmentally sustainable mine, that will operate to the highest standards in sustainability and stakeholder relations

Silver Mines Limited (ASX: SVL)

Silver Mines Limited is an Australian based silver exploration company with a significant landholding in New South Wales. Their project area spans 2,007 square kilometers, covering approximately 80 kilometers of the mineralized Rylstone Volcanics.

Silver Mines Limited's Bowdens Silver Project retains its status as the largest silver development endeavour in Australia, boasting an extensive mineral resource base of 396 million ounces of silver equivalent,

The potential for further increases in resources through ongoing exploration activities enhances the project's promising outlook.

With a solid financial standing and slated plans to commence development in 2024, the company is positioned to achieve key milestones in advancing the project, throughout the year.

Investigator Resources Limited (ASX: IVR)

Investigator Resources Limited’s 100% owned Paris Silver Project is located 70 kilometres north of the rural township of Kimba on South Australia’s Eyre Peninsula. 

The Paris project is highest grade undeveloped primary silver project in Australia. It had reported positive outcomes of the Pre-Feasibility Study in November 2021. Subsequently the company is undertaking the work required to complete a Definitive Feasibility Study, whilst continuing to progress exploration across adjacent significant ground holdings within South Australia

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