Silver Lake is a gold producer and explorer with a resource base of 1.5 million oz in highly prospective regions including the Mount Monger and the Murchison goldfields located in Western Australia.  Silver Lake's exploration programme is targeting 5 million oz Au in resource by the end of 2011.

Gold Producer with Significant Exploration Upside

  • Current production ~60,000oz Au per annum from Mount Monger 
  • High grade open pit potential in the Murchison
  • Total resource base of 9,867,100 tonnes at 4.7 g/t Au for 1,488,400 oz
  • Accelerated two year exploration programme
  • Large land holding that is highly prospective and under explored

Mount Monger Goldfield

  • 100% owned 
  • Identified gold potential of 2.0 million and 4.5 million oz
  • New discoveries of Daisy East & Emma in July 2009
  • Resource: 1,454,100 tonnes @ 8.3 g/t Au for 390,100 oz
  • 10 km of highly prospective strike with multiple lines of mineralisation
  • 300,000 tpa gold processing facility located 45 km from Daisy Milano

Daisy Milano Underground Mine

  • First Gold production in December 2007
  • Mine production ~50,000 oz Au pa
  • Generated $10.7 million after tax profit in first full year of operation
  • Resource:197,800 tonnes @ 40.5 g/t Au for 257,400 oz

Daisy East

  • Discovered July 2009
  • Located 40 metres east of Daisy Milano
  • Producing 17 g/t Au
  • Maiden Resource to be announced July 2010

Economic Pipeline of Open Pit Production Sources

  • Magic, Costello and Lorna Doone
  • Mining studies commenced
  • Combines Resource: 802,600 tonnes @ 3.2 g/t Au for 81,700oz

Murchison Goldfield

Tuckabianna, Comet, and Moyagee Projects

  • 100% owned 
  • Accelerated exploration programme commenced October 2009
  • Targeting a second multi-mine production centre
  • Resource: 7,821,800 tonnes @ 3.8 g/t Au for 965,400 oz
  • The Lena deposit is a world class exploration project with a current resource of 820,200 tonnes @ 8.5 g/t Au for 224,200 oz
  • Large land holding under explored at depths greater than 100 metres below the surface
  • Goldfield hosts several >1 Moz deposits

Copper Lakes

  • Greenfield exploration project
  • Surface samples of up to 26.5% Cu and 5.18 g/t Au

Quality Management Team with Proven Track Record

  • Strong corporate, operations and exploration experience
  • Over 150 years of combined resource industry experience
  • Diversified spread of professional attributes
  • Extensive international network of industry and market contacts

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