- Silver Lake Resources (SLR) has completed its maiden Mineral Resource Estimate for the south-west deposit of the Deflector copper-gold mine
- The company took over the mine in the Murchison region of Western Australia when it bought Doray Minerals in April 2019
- Mineralisation to the south-west of the existing Deflector Mineral Resource Estimate was assessed with an 82 hole drilling program
- This new resource estimates the area holds 304,000 ounces of gold at a grade of 14.9 grams per tonne, as well as 3600 tonnes of copper at 0.6 per cent
- Shares in Silver Lake Resources are up 3.89 per cent and trading for $1.47 each
Silver Lake Resources (SLR) has completed its maiden Mineral Resource Estimate for the south-west deposit of the Deflector copper-gold mine.
The company took over the mine in the Murchison region of Western Australia when it bought Doray Minerals in April 2019.
The Deflector South West Mineral Resource Estimate (DSWMRE) was assessed with an 82 hole drilling program covering 26,333 metres.
This maiden resource estimated 634 kilo-tonnes containing 304,000 ounces of gold at a grade of 14.9 grams per tonne, as well as 3600 tonnes copper at 0.6 per cent copper.
The DSWMRE covers a 300-metre strike extension located immediately south-west of the Deflector mine where a separate Deflector Mineral Resource Estimate was completed last year.
The company is currently undertaking a development drive at the project and results from the South West mineralisation were not included in this mineral resource estimate.
Shares in Silver Lake Resources are up 3.89 per cent and trading for $1.47 each at 1:54 pm AEDT.