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Silver Lake Resources Ltd.

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Summary

Project:

Mount Monger

Deposit:Mount Monger
Location:Australia
Commodities:Gold
Date:8/26/2016
Report Code:JORC
Report Type:Resource Estimation
Project Stage:Active Mining & Production
Report details:26-8-2016: Silver Lake Resources Ltd. announces a Resource Estimation report for its Mount Monger deposit at the Mount Monger project. Annual statement of mineral resources and ore reserves. Silver Lake Resources Limited (“Silver Lake” or the “Company”) p
Resources:(Reserve, P+P): 3.725Mt @ 3.2g/t Au for 388000oz Au contained Mount Monger Operation total
CP/QP:[Resources]: Pascal Blampain, Matthew Karl (Internal)
ABSTRACT:Silver Lake Resources Limited (“Silver Lake” or the “Company”) presents its Mineral Resources and Ore Reserves statements for 2016. The Company’s total Measured, Indicated and Inferred Mineral Resources as at 30 June 2016 are 54.8 million tonnes (Mt) @ 2.8 grams per tonne of gold (g/t Au) containing 4.92 million ounces of gold (Moz) (refer Tables 1, 2, 3, 4). The previous publicly reported estimate of Mineral Resources was 58.0 Mt @ 2.7 g/t Au containing 5.03 Moz of gold as at 30 June 2015, announced on 28th August 2015. The Mineral Resources as at 30 June 2016 are estimated after allowing for mining depletion from the Mount Monger Operation and the sale of the Comet mining tenements during the 2016 financial year.

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