SILVER LAKE RESOURCES LIMITED

Published : April 14th, 2016

Great Southern Project Conditions Precedent Satisified

( 0 vote, 0/5 ) Print article
  Article Comments Comment this article Rating Follow Company  
0
Send
0
comment
Keywords :   Silver |

Great Southern Project Conditions Precedent Satisified

a066f29f-0688-4382-a691-41c957aa46bf.pdf



Suite 4, Level 3 South Shore Centre

85 South Perth Esplanade South Perth WA 6151

TEL +61 8 6313 3800

FAX +61 8 6313 3888

ABN 38 108 779 782


ASX ANNOUNCEMENT 14 April 2016


Great Southern Project Farmin and Joint Venture Conditions Precedent Satisfied


On 17 December 2015, Silver Lake Resources Limited (Silver Lake or the Company) announced that it had entered into a Farm-In and Joint Venture Agreement (Agreement) with ACH Minerals Pty Ltd (ACH) in respect of the Company's Great Southern project (Project).


Silver Lake is pleased to advise that the conditions precedent to the Agreement have now been satisfied, with a majority of the third party approvals having been obtained. As such, ACH will commence earning a 51% joint venture interest in the Project by spending a minimum of $3 million on exploration within three years.


Upon earning a 51% joint venture interest, ACH may elect to increase its joint venture interest in the Project to 80% by spending a further $3 million within a further three year period.


For further information please contact


Luke Tonkin Managing Director

+61 8 6313 3800

[email protected]


Media:


Michael Vaughan Fivemark Partners

+61 422 602 720

[email protected]


Silver Lake Resources Ltd (ASX: SLR) Page 1 of 1

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$ 732.9 millions as of today (US$ 482.3 millions, € 450.5 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)
1.46+1.04%
AUSTRALIA
AU$ 1.46
04/29 15:45 0.020
1.04%
Prev close Open
1.44 1.47
Low High
1.44 1.47
Year l/h YTD var.
1.00 -  1.46 20.66%
52 week l/h 52 week var.
0.815 -  1.46 14.96%
Volume 1 month var.
2,399,798 17.74%
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
202459.89%
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$ 7.67-0.65%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$ 0.22+2.38%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 :