Ann: Quarterly Activities Report, page-2

Wow. Keep your shares tight. Here are a few snippets.

▪ Record gold production with 46,780 ounces produced during the quarter (Q2 FY18: 34,206 ounces)
▪ Strong increase in mine production with 308,755 tonnes mined at 4.9 g/t for 49,079 ounces - 33% increase in underground ounce production quarter on quarter, with commercial production declared at Cock-eyed Bob - The Imperial open pit delivered a significant grade increase (+64%) as mining moved into the lower benches of the open pit
▪ Quarterly AISC of A$1,168/oz and YTD ASIC of A$1,302/oz has Silver Lake well positioned to deliver into full year cost guidance
▪  YTD gold sales of 113,909 ounces with FY18 sales guidance upgraded to 145,000-150,000 ounces
▪ Substantial cash build during the quarter of A$20.7m after exploration, capital and working capital movements
▪ Cash and bullion of A$87.4m, listed investments of A$10.4m and nil bank debt at 31 March
▪ Hedge book of 142,500 ounces at an average A$1,720/oz