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Silver Lake Resources Announces Mineral Resource, Ore Reserve Statement and Outlook to FY24

15 Sep 2021  |  13:02:00  |  Associate analysts  |  Increase  |  Decrease  |  

Original announcement: Mineral Resource, Ore Reserve Statement and Outlook to FY24

Silver Lake Resources announced regarding the Company's Mineral Resource and Ore Reserves statement as at 30 June 2021 and provided an outlook to FY24. Group Ore Reserves was of 1.36m ounces gold and 5,300 tonnes copper, an 18% increase in absolute terms or 61% increase net of FY21 mine depletion. Group Mineral Resources of 5.41m ounces gold and 23,000 tonnes copper, a 2% increase in absolute terms or 8% net of FY21 mine depletion. The Company also advised that for Mount Monger, combination of 115,000 ounces in stockpiles and Santa open pit Ore Reserve of 226,000 ounces provided baseload feed flexibility and increased base case mine life visibility.

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