Silver broke key technical support levels, with analysts monitoring a potential head-and-shoulders pattern using $35.25 as the neckline and $33 as the bearish target if confirmed.

Special Report: A bullish silver sector trend is set to put ASX-listed Silver Mines into sharp investor focus as the owner of Australia’s largest undeveloped silver project, Bowdens.

Special Report: A bullish silver sector trend is set to put ASX-listed Silver Mines into sharp investor focus as the owner of Australia’s largest undeveloped silver project, Bowdens.

Special Report: A bullish silver sector trend is set to put ASX-listed Silver Mines into sharp investor focus as the owner of Australia’s largest undeveloped silver project, Bowdens.

Special Report: A bullish silver sector trend is set to put ASX-listed Silver Mines into sharp investor focus as the owner of Australia’s largest undeveloped silver project, Bowdens.

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Silver Mines’ 100%-owned Bowdens is the largest undeveloped silver project in Australia and one of the largest in the world with a current JORC-compliant reserve of 71.7 million ounces of silver.

Spot silver hit a 13-year high of more than US$37/oz last week. “Silver, in our opinion, is certainly on the rise,” West Coast executive chairman Bruce Garlick told Stockhead.