Silver Lakes delivers seven-fold net profit boost

SILVER Lake Resources is looking to maintain gold production relatively steady at 140,000-150,000 ounces for the 2018-19 year, off from the 2017-18 banner year’s output of 157,936oz, as it seeks to develop a long-life asset at its flagship Mount Monger operations in Western Australia.

Silver Lakes delivers seven-fold net profit boost Silver Lakes delivers seven-fold net profit boost Silver Lakes delivers seven-fold net profit boost Silver Lakes delivers seven-fold net profit boost Silver Lakes delivers seven-fold net profit boost

Growing Mt Monger is Silver Lake's long-term focus.

Its headline net profit after tax was up almost 700% to $16.2 million for the past fiscal year.

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