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Silver Lake Resources (ASX:SLR) - Managing Director, Luke Tonkin
Managing Director, Luke Tonkin
Source: Business News
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  • Silver Lake Resources (SLR) adds a carbon-in-pulp circuit to its Deflector plant, around 160 kilometres east of Geraldton in WA’s Murchison region
  • The company expects the circuit will lift gold recovery by 4 to 5 per cent at the existing gravity and floatation plant
  • The plant upgrade also enables a broader range of gold mineralisation to be processed, widening exploration options at the project
  • SLR shares closed at $1.74 on June 15, 2021

As part of an upgrade to the Deflector plant, Lake Resources (SLR) has added a carbon-in-pulp circuit on time and within its $36 million budget.

Deflector is one of the WA-focussed gold company’s two producing operations in the state and is located around 160 kilometres east of Geraldton.

Ore commissioning has commenced, along with road haulage from the Rothsay mine to the Deflector plant, which also employs gravity and flotation techniques.

The upgrade is tipped to enhance gold recovery by 4 to 5 per cent and enable a broader range of gold mineralisation to be processed.

This aspect of the upgrade in particular, Silver Lake noted could create additional exploration opportunities at the Deflector tenement package.

While ore haulage from Rothsay is underway, the company is continuing its ore development efforts across four levels.

Silver Lake will also continue ramp-up activities over the first half of the 2022 financial year to steady-state production at Rothsay of 250,000 to 300,000 tonnes per annum for some 45,000 to 50,000 ounces of gold.

SLR shares closed at $1.74 on June 15, 2021.

SLR by the numbers
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