Perth based gold miner Silver Lake Resources (ASX: SLR) has set an ambitious target and timetable to increase gold resources at Mount Monger goldfield and Murchison projects from 1.5 million ounces to 5 million ounces within two years.
This would move the company well into the mid-tier producer rang, defining sufficient resources to sustain a 100,000 oz per annum gold production. Current production is >60,000oz pa.
Click here for more on gold miner Silver Lake Resources' timetable for increasing gold resources.