Silver City Minerals Limited (SCI) is a base and precious metal explorer focused on the Broken Hill District of western 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. SCI was established in May 2008 to explore specifically in the District where it controls approximately 1200 square kilometres of exploration tenure. It has a portfolio of highly prospective ground with drill-ready targets focused on high grade, silver, base-metals and gold and a pipeline of prospects moving toward the drill assessment stage.
The Company is also attuned to exploration opportunities in well-endowed minerals provinces. It has acquired mineral exploration tenements in the North Island of New Zealand which have potential for high grade gold-silver epithermal deposits.
The Company's objective is to increase shareholder wealth through capital growth and dividends, by advancing projects from exploration discovery, through development into profitable operating mines.