Silver Lake adds some gold reserves as cash builds

GOLD miner Silver Lake Resources has reported a 13% increase in reserves to 526,000 ounces after depleting its inventory by more than 170,000oz in the year just passed with production of 158,000oz. Where to from here for the non-dividend paying miner with no debt and cash and bullion to its name of A$106 million and growing?

Silver Lake adds some gold reserves as cash builds Silver Lake adds some gold reserves as cash builds Silver Lake adds some gold reserves as cash builds Silver Lake adds some gold reserves as cash builds Silver Lake adds some gold reserves as cash builds

Organic growth currently publicly targeted at Silver Lake

Silver Lake said it will spend $12 million in the current year on exploration, which is broadly in line with recent years.