Silver Lake Resources: Increases Deflector mineral resource and ore reserve
- Silver Lake Resources (SLR) has increased the mineral resource and ore reserve at the Deflector Gold Copper Project in Western Australia
- The Deflector Mineral Resource has increased by 54 per cent, or 80 per cent after FY20 mine depletion, to 1.27 million ounces
- Then the resource grade has increased by 18 per cent to 13.5g/t
- This marks a 30 per cent year-on-year increase, or 102 per cent after FY20 mine depletion
- Looking ahead, Silver Lake Resources will focus on infilling the existing mineral resource and extending high-grade gold-copper lodes
- Company shares are up 5.75 per cent and are trading for $2.39 each just before midday trade
