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Mineral Resources June 2019

  Measured Resources Indicated Resources Inferred Resources Total Resources
Deposit Tonnes
'000s		 Grade
g/t Au		 Total
Oz Au
'000s		 Tonnes
'000s		 Grade
g/t Au		 Total
Oz Au
'000s		 Tonnes
'000s		 Grade
g/t Au		 Total
Oz Au
'000s		 Tonnes
'000s		 Grade
g/t Au		 Total
Oz Au
'000s
Aldiss Mining Centre      
               
French Kiss - - - 646 2.7 55 808 1.7 45 1,454 2.1  100
Harrys Hill -  -  - 1,094 2.6 90 417 2.4 32 1,511 2.5 122
Italia/Argonaut - - - 409 1.4 19 - - - 409 1.4 19
Karonie - - - 2,967 2.0 188 770 1.3 31 3,737 1.8 219
Spice - - - 78 2.4 6 64 1.3 3 142 1.9 9
Tank South - - - - - - 622 3.6 71 622 3.6 71
Tank/Atriedes - - - 236 1.4 11 604 1.5 29 840 1.5 39
Sub Total  -  -  - 5,430 2.1 368 3,285 2.0 211 8,715 2.1 579
Andy Well                         
Andy Well 127 13.7 56 1,063 9.2 315 628 6.6 134 1,818 8.6 505
Sub Total  127 13.7 56 1,063 9.2 315 628 6.6 134 1,818 8.6 505
Daisy Mining Centre                         
Costello - - - - - - 111 4.0 14 111 4.0 14
Daisy complex 103 27.8 92 1,099 13.9 492 1,036 18.0 599 2,238 16.4 1,183
Fingals - - - 131 2.7 11 1,043 2.3 77 1,174 2.3 88
Hammer & Tap - - - - - - 350 2.4 27 350 2.4 27
Lorna Doone - - - 686 2.0 44 641 3.5 72 1,327 2.7 116
Mirror/Magic 507 2.6 43 549 2.5 45 663 3.6 77 1,719 3.0 165
Wombola Dam 13 3.2 1 164 2.6 14 120 3.0 12 297 2.8 27
Wombola Pit - - - 47 3.1 5 20 4.0 3 67 3.3 7
Sub Total 623 6.8 136 2,676 7.1 611 3,984 6.9 881 7,283 7.0 1,628
Deflector
                   
Deflector 452 13.4 195 1,132 12.1 440 662 9.0 191 2,246 11.4 826
Sub Total 452 13.4 195 1,132 12.1 440 662 9.0 191 2,246 11.4 826
Gnaweeda                        
Turnberry -  - - 2,043 2.2 146 2,196 1.8 124 4,239 2.0 271
Sub Total - - - 2,043 2.2 146 2,196 1.8 124 4,239 2.0 271
Imperial/Majestic Mining Centre                        
Imperial - - - 504 2.7 44 216 2.0 14 720 2.5 58
Majestic - - - 1,673 2.6 142 790 2.3 58 2,463 2.5 200
Sub Total - - - 2,177 2.7 186 1,006 2.2 72 3,183 2.5 258
Mount Belches Mining Centre                        
Anomaly A - - - 232 1.9 14 44 1.4 2 276 1.8 16
Cock-eyed Bob 798 4.9 125 485 4.6 72 490 3.4 53 1,773 4.4 250
Maxwells 307 5.1 50 1,239 4.9 197 745 4.5 107 2,291 4.8 354
Rumbles - - - 351 2.2 24 851 2.2 59 1,202 2.2 83
Santa - - - 3,670 2.6 307 1,336 3.4 147 5,006 2.8 454
Sub Total 1,105 4.9 175 5,977 3.2 614 3,466 3.3 368 10,548 3.4 1,157
 Randalls Mining Centre                        
 Lucky Bay  13 4.6  2  34 4.8 5 8 7.2 2 55 5.1 9
 Randalls Dam - -  -  107 2.1 7 6 1.2 0 113 2.1 7
Sub Total 13 4.6 2 141 2.8 13 14 4.6 2 168 3.0 16
Stockpile Total 1,145  1.4 51  - - - - - - 1,145 1.4 51 
Total Gold Mineral Resources 3,464 5.5 615 20,639 4.1 2,693 15,241 4.0 1,983 39,345 4.2 5,291

 

COPPER Measured Resources Indicated Resources Inferred Resources Total Resources
Project Ore
T
'000s		 Cu
Grade
(%)		 Cu
T
 Ore
T
'000s		 Cu
Grade
(%)		 Cu
T
 Ore
T
'000s		 Cu
Grade
(%)		 Cu
T
 Ore
T
'000s		 Cu
Grade
(%)		 Cu
T
Deflector                      
Deflector 452 1.3 5,900 1,132 0.5 6,100 662 0.3 2,100 2,246 0.6 14,100
Sub Total 452 1.3 5,900 1,132 0.5 6,100 662 0.3 2,100 2,246 0.6 14,100
Stockpiles 17 0.3 100 - - - - - - 17 0.3 100
Total Copper Mineral Resources 469 1.3 6,000 1,132 0.5 6,100 662 .0.3 2,100 2,264 0.6 14,100

 

Ore Reserves June 2019

  Proved Ore Reserves Probable Ore Reserves Total Ore Reserves
  Tonnes
'000s

Grade

g/t Au

 Total
'000s		 Tonnes
'000s

Grade

g/t Au

 Total
'000s		 Tonnes
'000s

Grade

g/t Au

 Total
'000s
Aldiss Mining Centre                  
 French Kiss - - - 177 3.6 21 177 3.6 21
 Harrys Hill - - - 568 2.4 43 568 2.4 43
 Karonie - - - 1,620 1.6 82 1,620 1.6 82
 Sub Total - - - 2,366 1.9 146 2,366 1.9 146
Daisy Mining Centre                  
Daisy Complex 41 6.7 9 277 8.8 78 318 8.5 87
Sub Total 41 6.7 9 277 8.8 78 318 8.5 87
Deflector                  
Deflector OP - - - 140 3.1 14 140 3.1 1.4
Deflector UG 761 6.1 150 1,071 5.2 177 1,831 5.6 327
Sub Total 761 6.1 150 1,211 4.9 191 1,971 5.4 341
Imperial/Majestic Mining Centre                  
Majestic - - - 169 3.8 21 169 3.8 21
Sub Total - - - 169 3.8 21 169 3.8 21
Mount Belches Mining Centre                  
Cock-eyed Bob 242 5.7 44 143 6.2 28 385 5.9 73
Maxwells 107 5.9 20 354 6.0 68 462 6.0 88
Santa  - - - 257 3.5 29 257 3.5 29
Sub Total 349 5.8 65 754 5.2 125 1,103 5.3 190
Stockpile 1,145 1.4 51              - - - 1,145               1.4 51
Total Gold Ore Reserves 2,295 3.7 274 4,776 3.7 561 7,072 3.7 835

 

 

 

COPPER Proved Ore Reserves Probable Ore Reserves Total Ore Reserves
LOCATION

Tonnes
'000s

 Cu
Grade
(%)		 Cu
T

Tonnes
'000s

 

 Cu
Grade
(%)		 Cu
T
 Tonnes
'000s
 Cu
Grade
(%)		 Cu
T
Deflector                  
Deflector OP - - - 140 0.3 400 140 0.3 400
Deflector UG 761 0.4 3,300 1,071 0.2 1,700 1,831 0.3 5,000
Sub Total 761 0.4 3,300 1,211 0.2 2,100 1,971 0.3 5,500
Stockpile 17 0.3 100 - - - 17 0.3 100
Total Copper Ore Reserve 778 0.4 3,400 1,211 0.2 2,100 1,989 0.3 5,500

 

 

The following Mineral Resource and Ore Reserves estimates are produced in accordance with the 2012 Edition of the Australian Code for Reporting of Mineral Resources and Ore Reserves (the 2012 JORC Code);  Deflector, Andy Well, Turnberry, Daisy Complex, Lorna Doone, Wombola Dam, Majestic, Imperial, Maxwells, Santa, Cock-eyed Bob/Anomoly A, Lucky Bay, Mirror/Magic, Rumbles, Karonie, Harry's Hill, French Kiss, Spice, Tank/Artredies and Tank South.  The remaining Mineral Resource and Ore Reserve estimates were first prepared and disclosed under the 2004 Edition of the JORC Code and have not been updated since to comply with the 2012 JORC Code on the basis that the information has not materially changed since it was last reported.

The information in these tables that relates to Mineral Resources and Ore Reserves has been extracted from the ASX Announcement entitled "Mineral Resources and Ore Reserves Statement" dated 27 August 2019 which is available to view at www.silverlakeresources.com.au

Notes:
Mineral Resources and Ore Reserves stated as at 30 June 2019

Mineral Resources are reported inclusive of Ore Reserves.

Data is rounded to thousands of tonnes, thousands of ounces gold and hundreds of tonnes of copper.  Discrepancies in totals may occur due to rounding.

 

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