Silver Standard Resources has completed the sale of its Bowdens project in New South Wales, Australia.

The project was sold to Kingsgate Consolidated for an estimated A$75m.

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The silver property consists of a single exploration tenement covering 188km2 and is located 200km north-west of Sydney.

It was discovered by stream sediment sampling in 1988 and to date 395 drill holes totalling 43,309m have been completed.