News: SLR Silver Lake Resources Announces Sugar Zone Update

June 8 (Reuters) - Silver Lake Resources Ltd (SLR) :

• SUGAR ZONE UPDATE
• THE SITE WAS FULLY EVACUATED ON THE AFTERNOON OF 29 MAY 2023 IN SUGAR ZONE
• NO DAMAGE TO SITE HAS BEEN REPORTED AS THIS TIME
• SITE POWER SUPPLY HAS BEEN INTERRUPTED FOLLOWING DAMAGE TO POWER TRANSMISSION LINE
• SILVER LAKE FORECAST GOLD SALES FOR FY23 REMAINS UNCHANGED
• BACKUP DIESEL POWER GENERATION HAS BEEN ESTABLISHED ON SITE AND UNDERGROUND ACCESS AND ESSENTIAL SERVICES HAVE BEEN RESTORED
• ADVISES THAT FIRE IS NOT UNDER CONTROL AND SITE ACCESS IS RESTRICTED TO ESSENTIAL STAFF
• MINING AND PROCESSING ACTIVITIES WILL REMAIN SUSPENDED UNTIL POWER SUPPLY IS FULLY RESTORED
• MINING AND PROCESSING ACTIVITIES WILL REMAIN SUSPENDED EXPECTED UNTIL 19 JUNE 2023