Silver Lake development pipeline targets more low-cost ounces

Western Australian gold producer and explorer Silver Lake, which met its gold sales guidance for 2016, would continue to invest in exploration in the “fertile gold fields” of the Mount Monger area. The company on Friday announced a A$14-million exploration budget for the 2017 financial year, following on the success of its 2016 exploration programme, which yielded significant results across all stages of the exploration pipeline.