Very much.
Word of advice, never wade in without a wading pole; it can help you keep your balance as well as bottom prodding.
The silt on my current lake is probably up to welly boot height, and then water up to my waist, so pretty similar, although the stream bed you can add a bit more to the depth.
There are also feeding holes which can put you chest deep, and I have been known to occasionally go fractionally over the top of my chest waders, hence the advice on a solid wading pole.
The honest answer is the carp feed in the silt. I have found massive bloodworm in the deepest thickest silt, along with massive swan mussels, bigger than my hands.
I still use run rings and standard rig set-ups, hooklinks around 20-30centimetres in an attempt to put the bait at the level the fish are feeding at.
Lead size I normally stick with 2.5-3oz, but use flattened leads to hopefully reduce sinking in too far, but even dropping a lead in the margins can see it disappear.
Funnily enough, in May I cast out a 3oz lead, PVA stringer and snowman bait and I am positive that crashed quite deep into the silt. I had a take within a couple of minutes, and I think that the lead had sunk so far, complete with run ring it jammed as the buzzer was bleeping (Delkims vibration).