Westgold buys Silver Lake’s Murchison assets

June 23, 2017

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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.

Category: General