Friday, November 8, 2024
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Silver Lake Resources: Completes Harte Gold purchase

Silver Lake Resources Completes Harte Gold purchase

  • Silver Lake Resources (SLR) completes its Harte Gold acquisition for US$102 million (A$141 million)
  • Now with the completed take-over, Silver Lake owns 100 per cent interest in the Sugar Zone mine in Northern Ontario, adding a third operation to its portfolio
  • Notably, the company now owns one of the largest exploration properties within a prolific metals district in Canada
  • Silver Lake has commenced a review of operations at the mine with the aim of material operational improvements and a low capital intensity growth strategy
  • On the market, Silver Lake is up 1.39 per cent and trading at $1.83 per share

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