Location
Silver Lake's projects situated in the Murchison Goldfield are located between the multi-million ounce gold producing areas of Mount Magnet and Cue, 600 km northeast of Perth. Murchison assets consist of the Tuckabianna, Comet and Moyagee projects.
Pre-Feasibility Study
A pre-feasibility study has been completed. The pre-feasibility study entailed a capital study, a reserve estimate and the preferred milling option for the Murchison projects. These projects are in a highly prospective region and have near term production potential. Silver Lake's strategy is to develop production centres at Mount Monger and at the Murchison with multiple mines at each centre.
Resources
| Measured Resources | Indicated Resources | Inferred Resources | Total Resources | |||||||||
| Deposit | Ore t '000s | Grade g/t Au | Total Oz Au '000s | Ore t '000s | Grade g/t Au | Total Oz Au '000s | Ore t '000s | Grade g/t Au | Total Oz Au '000s | Ore t '000s | Grade g/t Au | Total Oz Au '000s |
| Murchison | - | - | - | 4,036.2 | 3.2 | 410.4 | 3,785.6 | 4.6 | 554.9 | 7,821.8 | 3.8 | 965.4 |
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