Silver Wheaton (TSX: T.SLW, Stock Forum) late Tuesday announced that attributable Proven and Probable reserves increased by over 38% in 2012 to a record total of 1.12 billion silver equivalent ounces, consisting of 851.4 million ounces of silver and 4.96 million ounces of gold, this according to a company news release.
Over the same period, attributable Measured and Indicated resources increased 28% to a record total of 603.2 million silver equivalent ounces, consisting of 529.1 million ounces of silver and 1.39 million ounces of gold, while attributable Inferred resources totaled 341.4 million silver equivalent ounces, consisting of 294.7 million ounces of silver and 0.88 million ounces of gold.
The silver royalty company cited both acquisition and organic growth as reasons for achieving this milestone.