SILVER LAKE RESOURCES LIMITED

Published : July 31st, 2016

Diggers and Dealers Presentation

( 0 vote, 0/5 ) Print article
  Article Comments Comment this article Rating Follow Company  
0
Send
0
comment
Keywords :   Cash | Debt | Dollar | Market | Market Conditions | Mines | Silver | Target |

Diggers and Dealers Presentation

Delivering today Developing for tomorrow Discovering for the future

Diggers and Dealers August 2016

www.silverlakeresources.com.au

ASX: SLR

ABN: 38 108 779 782

Slide 1

Important notices

Disclaimer - Silver Lake Resources Limited ("Silver Lake" or "the Company") has prepared this presentation based on information available to it. No representation or warranty, express or implied, is made as to the fairness, accuracy, completeness or correctness of the information, opinions and conclusions contained in this presentation. To the maximum extent permitted by law, none of Silver Lake, its directors, employees or agents, advisers, nor any other person accepts any liability, including, without limitation, any liability arising from fault or negligence on the part of any of them or any other person, for any loss arising from the use of this presentation or its contents or otherwise arising in connection with it.

This presentation contains general and background information about Silver Lake's activities current as at the date of the presentation and should not be considered to be comprehensive or to comprise all the information that an investor should consider when making an investment decision. The information is provided in summary form, has not been independently verified, and should not be considered to be comprehensive or complete. It should be read in conjunction with all other documents provided by Silver Lake. Silver Lake is not responsible for providing updated information and assumes no responsibility to do so.

All dollar terms expressed in this presentation are in Australian dollars unless otherwise stated.

No offer - This presentation is not an offer, invitation, solicitation or other recommendation with respect to the subscription for, purchase or sale of any security, and neither this presentation nor anything in it shall form the basis of any contract or commitment whatsoever.

Forward looking statements - This presentation may contain forward looking statements that are subject to risk factors associated with gold exploration, mining and production businesses. It is believed that the expectations reflected in these statements are reasonable but they may be affected by a variety of variables and changes in underlying assumptions which could cause actual results or trends to differ materially, including but not limited to price fluctuations, actual demand, currency fluctuations, drilling and production results, reserve estimations, loss of market, industry competition, environmental risks, physical risks, legislative, fiscal and regulatory changes, economic and financial market conditions in various countries and regions, political risks, project delay or advancement, approvals and cost estimates.

Forward-looking statements, including projections, forecasts and estimates, are provided as a general guide only and should not be relied on as an indication or guarantee of future performance and involve known and unknown risks, uncertainties and other factors, many of which are outside the control of Silver Lake. Past performance is not necessarily a guide to future performance and no representation or warranty is made as to the likelihood of achievement or reasonableness of any forward looking statements or other forecast.

No investment advice - This presentation is not financial product, investment advice or a recommendation to acquire Silver Lake securities and has been prepared without taking into account the objectives, financial situation or needs of individuals. Before making an investment decision prospective investors should consider the appropriateness of the information having regard to their own objectives, financial situation and needs, and seek legal, taxation and financial advice appropriate to their jurisdiction and circumstances. Silver Lake is not licensed to provide financial product advice in respect of its securities or any other financial products. Cooling off rights do not apply to the acquisition of Silver Lake securities. Silver Lake assumes that the recipient is capable of making its own independent assessment, without reliance on this document, of the information and any potential investment and will conduct its own investigation.

The information in this Presentation remains subject to change without notice.

Slide 2

Mount Monger - a focussed operating strategy

Delivering today Developing for tomorrow Discovering for the future

  • Focus on the Mount Monger Gold Camp

  • Visible operating strategy

  • Operations run to maximise free cash flow

  • Relentless drive to reduce

  • Balance sheet strengthened:

    • Cash and bullion of A$42.6M

    • No bank debt

    • Prudent hedging in place

  • Extracting value from non-core assets

  • Board and management renewal

costs

  • Building a higher quality project pipeline

  • Introducing new, lower cost ore sources with targeted AISC

  • Imperial/Majestic project approved

    • Low capital works expenditure open pits - maximum cash draw down

    • Reserve ≈116koz with upside

  • Maxwells Underground Mine approved

    • From geological concept to new mine development in less than 18 months

    • Low capex, high margin, long life underground mine

    • Resource of 307koz with significant upside

  • Rapid production opportunities

    • Santa - high grade drill intersections

    • Cock-eyed Bob - new development levels and securing longer life

≈A$7 million FY17

  • Self-funded exploration delivering results:

    • FY16 A$15.5 million across 3 regions

    • FY17 A$14 million at Mount Monger

  • Sustaining current mines through additions and extensions to known mineralised systems

  • Target ranking based on the prize, probability and priority

  • Northwest structural corridor

    • Multiple Daisy-style targets

    • Significant high grade intersections

    • High value targets, longer discovery and development timeframes

  • Mount Belches

    • Multiple BIF hosted targets

    • Unlocked the structural code

    • Rapid discovery and production timeframes

Slide 3

Silver Lake at a glance

Silver Lake Resources

ASX: SLR

Share price

A$0.52

12 month share price range

A$0.14 - A$0.52

Shares on issue

503.7 million

Options and performance rights

7.7 million

Diluted market capitalisation

A$262M

Average daily volume

3.3 million

Cash & bullion

A$42.6M

Listed investments

A$4.8M

Bank debt

NIL

Hedging

76koz at A$1,655/oz

As at 30 June 2016

Board of Directors

David Quinlivan

Chairman

Luke Tonkin

Managing Director

Les Davis

NED

Kelvin Flynn

NED

Brian Kennedy

NED

Slide 4

Read the rest of the article at www.publicnow.com

SILVER LAKE RESOURCES LIMITED

PRODUCER
CODE : SLR.AX
Follow and Invest
Add to watch list Add to your portfolio Add or edit a note
Add Alert Add to Watchlists Add to Portfolio Add Note
ProfileMarket
Indicators
VALUE :
Projects & res.
Press
releases
Annual
report
RISK :
Asset profile
Contact Cpy

SILVER LAKE RESOURCES Ltd. is a silver producing company based in Australia.

SILVER LAKE RESOURCES Ltd. produces silver, gold in Australia, and holds various exploration projects in Australia.

Its main asset in production is DAISY MILANO in Australia and its main exploration properties are COPPER LAKES, KURRAJONG, ROTHSAY, TUCKABIANNA, MOYAGEE, MOUNT MONGER, COMET and GENESIS PROJECT in Australia.

SILVER LAKE RESOURCES Ltd. is listed in Australia. Its market capitalisation is AU$ 721.3 millions as of today (US$ 471.0 millions, € 440.2 millions).

Its stock quote reached its highest recent level on October 12, 2012 at AU$ 3.96, and its lowest recent point on September 04, 2015 at AU$ 0.13.

SILVER LAKE RESOURCES Ltd. has 503 709 984 shares outstanding.

Your feedback is appreciated, please leave a comment or rate this article.
Rate : Average note :0 (0 vote) View Top rated
 
Project news of SILVER LAKE RESOURCES LIMITED
8/2/2016More High Grade Gold at Break of Day
Corporate news of SILVER LAKE RESOURCES LIMITED
7/31/2016Diggers and Dealers Presentation
7/4/2016Ceasing to be a substantial holder for SAU
4/28/2016Maxwells Mineral Resource Increases 400% to 307,000 Ounces
4/21/2016Quarterly Activities Report
4/14/2016Great Southern Project Conditions Precedent Satisified
3/24/2016WTP: Watpac Awarded $38M Gold Mining Contract
1/28/2016December 2015 Quarterly Report
11/25/2015Musgrave Secures Advanced Gold and Copper Project
Comments closed
 
Latest comment posted for this article
Be the first to comment
Add your comment
AUSTRALIA (SLR.AX)
1.43+1.20%
AUSTRALIA
AU$ 1.43
04/26 15:48 0.020
1.2%
Prev close Open
1.42 1.44
Low High
1.42 1.45
Year l/h YTD var.
1.00 -  1.45 18.18%
52 week l/h 52 week var.
0.815 -  1.45 12.60%
Volume 1 month var.
2,694,713 15.32%
24hGold TrendPower© : -11
Produces Gold
Develops
Explores for Cobalt - Copper - Gold - Nickel
 
 
 
Analyse
Interactive chart Add to compare
Interactive
chart
Print Compare Export
Last updated on : 9/28/2010
You must be logged in to use the porfolio and watchlists (free)
Top Newsreleases
MOST READ
Annual variation
DateVariationHighLow
202457.36%
2023-23.21%1.420.83
2022-33.24%2.251.00
2021-0.84%2.081.27
202035.09%2.751.05
 
5 years chart
 
3 months chart
 
3 months volume chart
 
 
Mining Company News
Plymouth Minerals LTDPLH.AX
Plymouth Minerals Intersects Further High Grade Potash in Drilling at Banio Potash Project - Plannin
AU$ 0.12-8.00%Trend Power :
Santos(Ngas-Oil)STO.AX
announces expected non-cash impairment
AU$ 7.70-0.65%Trend Power :
Oceana Gold(Au)OGC.AX
RELEASES NEW TECHNICAL REPORT FOR THE HAILE GOLD MINE
AU$ 2.20+0.00%Trend Power :
Western Areas NL(Au-Ni-Pl)WSA.AX
Advance Notice - Full Year Results Conference Call
AU$ 3.86+0.00%Trend Power :
Canadian Zinc(Ag-Au-Cu)CZN.TO
Reports Financial Results for Q2 and Provides Project Updates
CA$ 0.12+4.55%Trend Power :
Stornoway Diamond(Gems-Au-Ur)SWY.TO
Second Quarter Results
CA$ 0.02+100.00%Trend Power :
McEwen Mining(Cu-Le-Zn)MUX
TO ACQUIRE BLACK FOX FROM PRIMERO=C2=A0
US$ 12.26+2.68%Trend Power :
Rentech(Coal-Ngas)RTK
Rentech Announces Results for Second Quarter 2017
US$ 0.20-12.28%Trend Power :
KEFIKEFI.L
Reduced Funding Requirement
GBX 0.53-1.87%Trend Power :
Lupaka Gold Corp.LPK.V
Lupaka Gold Receives First Tranche Under Amended Invicta Financing Agreement
CA$ 0.06+0.00%Trend Power :
Imperial(Ag-Au-Cu)III.TO
Closes Bridge Loan Financing
CA$ 2.64-1.86%Trend Power :
Guyana Goldfields(Cu-Zn-Pa)GUY.TO
Reports Second Quarter 2017 Results and Maintains Production Guidance
CA$ 1.84+0.00%Trend Power :
Lundin Mining(Ag-Au-Cu)LUN.TO
d Share Capital and Voting Rights for Lundin Mining
CA$ 16.23+4.04%Trend Power :
Canarc Res.(Au)CCM.TO
Canarc Reports High Grade Gold in Surface Rock Samples at Fondaway Canyon, Nevada
CA$ 0.24+4.26%Trend Power :
Havilah(Cu-Le-Zn)HAV.AX
Q A April 2017 Quarterly Report
AU$ 0.20+2.63%Trend Power :
Uranium Res.(Ur)URRE
Commences Lithium Exploration Drilling at the Columbus Basin Project
US$ 6.80-2.86%Trend Power :
Platinum Group Metals(Au-Cu-Gems)PTM.TO
Platinum Group Metals Ltd. Operational and Strategic Process ...
CA$ 1.88+0.53%Trend Power :
Devon Energy(Ngas-Oil)DVN
Announces $340 Million of Non-Core Asset Sales
US$ 52.71+0.19%Trend Power :
Precision Drilling(Oil)PD-UN.TO
Announces 2017Second Quarter Financial Results
CA$ 8.66-0.35%Trend Power :
Terramin(Ag-Au-Cu)TZN.AX
2nd Quarter Report
AU$ 0.04+5.56%Trend Power :