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ASX
SLR
1.425
0.045
GOLD PRICE (OZ)
AUD $3508.5
USD $2302.3
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Silver Lake is an ASX listed, growth focused, gold producer with wholly owned operating assets Deflector and Mount Monger in Western Australia and Sugar Zone in Ontario. In FY24 production and sales will be derived from the Western Australian operations, as Silver Lake completes the first its kind drill 93,000 metre drill program at Sugar Zone. FY24 guidance is for sales of 210,000 to 230,000 ounces at an AISC of A$1,850 to $2,050 per ounce (including a non cash inventory charge of A$168 per ounce associated with the treatment of stockpiles at Mount Monger). The combination of operational delivery which has seen Silver Lake, meet or exceed guidance for 9 consecutive years and strong free cash flow generation has delivered an organically generated, sector leading balance sheet which allows Silver Lake to pursue a growth strategy from a position of strength.
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