Westgold buys Silver Lake’s Murchison assets

ASX-listed gold miner Silver Lake Resources has reached an agreement with fellow-listed Westgold Resources to divest of its Murchison assets, in Western Australia, for A$10-million. The sale includes the Tuckabianna gold processing facility and underlying mining tenure, as well as the company’s 40% joint venture (JV) interest in the Cue project, which will dilute to a 20% interest in the first quarter of 2018.