Silver Lake Resources in pre open pending acquisition announcement

Silver Lake Resources (ASX: SLR) has been granted a trading halt by the ASX today pending an announcement regarding an acquisition.

The company did not release any further details on the acquisition.

Meanwhile, Silver Lake has been busy in the Murchison, identifying the potential for a fifth underground mine following the results from drilling at the Comet Gold Project.

Assays from a recent four hole reverse circulation drilling program at Comet included:

- 9 metres at 6 grams per tonne (g/t) gold from 193 metres;
- 12 metres at 3.3g/t gold from 145 metres; and
- 3 metres at 12.8g/t gold from 84 metres.

The trading halt will be in effect until an announcement is made to the market or no later than the start of trading on Friday, 27 January.

Originally published at: http://www.proactiveinvestors.com.au/companies/news/24455/silver-lake-resources-in-pre-open-pending-acquisition-announcement--24455.html