April 2024

Recent news

Silver Lake complete infill drilling from the Sugar Main Zone with intersections including:

• 1.78m at 32.9 gpt Au

• 0.87m at 60.0 gpt Au

• 1.88m at 27.2 gpt Au

• 1.71m at 29.9 gpt Au

Silver Lake has continued to advance several contemporaneous work streams to prepare for a potential recommencement of operations including the clearing of a 3.5 hectare area adjacent to Sugar Zone to house required surface infrastructure and services.

February 2024

Recent news

Silver Lake announced it entered into an agreement with Red 5 Ltd. for a merger of equals, with Red 5 acquiring 100% Silver Lake.

The combined entity will have a gold production profile of ~445,000ozpy for FY24 with a significant Ore Reserve and Mineral Resource inventory of 4.0Moz and 12.4Moz, respectively.

The merged group will have a sector leading net cash and listed investments position of A$378M with strong near-term cash flow generation and a long mine life asset to drive sustainable production through the cycle.

June 2022

Recent news

Following the completion of the acquisition of Harte Gold and the Sugar Zone operation in February 2022 and the completion of an operating review, Silver Lake has identified the core areas of investment it will pursue to deliver operational improvements and cost reductions. This investment is expected to total A$35M to A$45M over the next 2 years.