Silver Lake toasts gold run

Company News

Silver Lake Resources Limited (ASX:SLR) has hit a milestone, producing 500 thousand ounces of gold bullion from its operation since its maiden pour in 2008.
 
Gold produced has come from three processing facilities in West Australia; Mount Monger with 80 per cent, Randalls with 13 per cent and Murchison with 7 per cent.
 
Managing Director Les Davis says Silver Lake has grown its resource base to 6.4 million ounces, including 1.7 million ounces of reserve.
 
So far in fiscal 2014, the company has produced 96,400 ounces.
 
Silver Lake Resources slumped to a $319 million loss in fiscal 2013.