Silverlake plans to increase production profile

Company News

Silver Lake Resources Limited (ASX:SLR) expects to substantially increase its production profile in the 2013 financial year. 
 
Chairman Paul Chapman told shareholders at the gold producers AGM that a number of key objectives have been set to achieve growth and optimise existing assets.
 
These objectives include completion of the acquisition of Integra Mining Limited (ASX:IGR) and the transition of the two businesses into one. 
 
Silver Lake is aiming to achieve milled production of up to 200 thousand ounces from its Mount Monger and Murchison operations over the next 12 months.
 
Production at the Murchison project is expected to commence in the March quarter of next year. 
 
 Silver Lake resources reported a net profit of $31.2 million for the 2012 financial year.