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Silver Lake Resources Ltd.
Summary
| Project: | Deflector | |
|---|---|---|
| Deposit: | Deflector South West | |
| Location: | Australia | |
| Commodities: | Gold-Copper | |
| Date: | 3/10/2020 | |
| Report Code: | JORC | |
| Report Type: | Resource Estimation | |
| Project Stage: | Active Mining & Production | |
| Report details: | 10-3-2020: Silver Lake Resources Ltd. announces a Resource Estimation report for its Deflector South West deposit at the Deflector project. Initial Mineral Resource Estimate at Deflector South West. Following the completion of the nil-premium acquisition | |
| Resources: | (Resources, I+I): 634kt @ 14.9g/t Au, 0.6% Cu | |
| CP/QP: | [Resources]: Karen Wellman (Internal) | |
| ABSTRACT: | Following the completion of the nil-premium acquisition of Doray Minerals in April 2019, Silver Lake has aggressively advanced exploration drilling targeting immediate strike extensions to the Deflector Mineral Resources within the broader Deflector corridor, which remains open in multiple directions. Silver Lake elevated the exploration priority of the Deflector South West corridor adjacent to the 2019 Mineral Resources and existing underground mine development. Three surface and underground drilling programs targeting the south west zone were completed over the past nine months and have successfully defined high-grade gold/copper mineralisation with “Deflector style” quartz veining and massive sulphides1 to the south and south west over 500 metres of strike Following completion of the most recent round of drilling results, a maiden Mineral Resources Estimate has been estimated for the Deflector South West mineralisation. The DSWMRE will be subject to further infill and extensional drilling as the currently advancing exploration development drive reaches suitable drilling positions. The exploration drive will also provide valuable information for mining studies assessing the optimal mine plan for the area. | |
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